Roger Nils-Jonas Karlsson, who ran one of the largest cryptocurrency Ponzi schemes prosecuted in the US, has been sentenced to 15 years in prison. ( read original story ...)
No Takers from Crypto Crowd for Massive Diamond
A 101.38-carat diamond was sold by Sotheby’s for HK$95.1 million ($12.3 million) to an unknown buyer using traditional currency, disappointing cryptocurrency fans who had hoped the offering by Sotheby ... ( read original story ...)
Crypto executives and companies are flocking to Singapore to take advantage of its crypto-friendly regulations and growth potential
The city-state offers a simpler regulatory process and a grace period thats let crypto firms operate while waiting for their licenses. ( read original story ...)
India’s Ola says Temasek, Warburg Pincus to pump in $500 million ahead of IPO
BENGALURU (Reuters) -Indian ride-hailing firm Ola, backed by Japan's SoftBank Group Corp, said on Friday private equity firms Temasek and Warburg Pincus are investing $500 million in the startup ahead ... ( read original story ...)
Temasek, Warburg Pincus to invest $500m in India’s Ola ahead of IPO
Ola was hit hard last year when the pandemic-related lockdowns forced people to stay at home, forcing it to cut about 35% of its workforce. ( read original story ...)
Japan’s Nikkei 225 Pares Loss After Flirting With Correction
(Bloomberg) -- Japan’s Nikkei 225 Stock Average pared losses that had pushed it toward a correction following the country’s decision to declare another state of emergency in Tokyo to contain the ... ( read original story ...)
Japanese shares fall to 8-week low on growth slowdown worries
Japanese shares fell to a near eight-week low on Friday, on worries over a slowing economic recovery after the country declared a COVID-19 emergency, but losses were trimmed on hopes that the Bank of ... ( read original story ...)
China is cracking down on its own tech giants, but Apple and the U.S. IPO market could pay the price
there were immediate debilitating consequences for Chinese companies already trading in the U.S. But the longer-term ramifications of the move could sting the U.S. IPO market, as well as American tech ... ( read original story ...)
Nikkei 225 on Track to Enter Correction Amid New Tokyo Emergency
Japan’s Nikkei 225 Stock Average is set to enter a correction following the country’s decision to declare another state of emergency in Tokyo to contain the continued virus spread, just two weeks ... ( read original story ...)
Google to buy Japan payment startup for $182 mln-plus -Nikkei
Alphabet Inc's Google (GOOGL.O) is set to buy Japanese smartphone payment startup Pring for more than 20 billion yen ($181.9 million), the Nikkei financial daily reported on Thursday. ( read original story ...)
Square is building a hardware crypto wallet and service with the goal of making bitcoin ‘more mainstream’
CEO Jack Dorsey said the Square team "will listen and continue the conversation, confirming new product plans it first hinted at in June. ( read original story ...)
Indian food delivery giant Zomato eyes US$1.3 billion IPO
Indian food delivery company Zomato's initial public offering (IPO) is priced at 72 to 76 rupees per share, giving it a valuation of as much as ... ( read original story ...)
Meghan Markle Quietly Supported Tennis Star Naomi Osaka’s Mental Health Decision
The athlete thanked celebrities like Meghan Markle, Michelle Obama and Michael Phelps for their support after she withdrew from the French Open in May ... ( read original story ...)
Elizabeth Warren warns crypto ‘scams continue to surge’ on exchanges, calls for SEC regulation
Washington lawmakers and regulators continue to beat the drum for greater regulation of cryptocurrencies, with the latest call coming from Sen. ( read original story ...)
Four Suits Filed on Behalf of Investors After NYSE IPO of China’s Didi
“The key lies in whether Didi has received any oral or written warning from the Chinese government before the IPO,” Guo Yafu ... Australia, New Zealand, Japan, Brazil, Mexico, Chile, Colombia, Peru, ... ( read original story ...)
Tokyo Olympics Will Ban Spectators from Venues amid Japan’s New COVID State of Emergency
Fans have been banned from attending the Tokyo Olympics as a new state of emergency was declared in the Japanese capital where COVID-19 cases are on the rise. Although overseas fans had already been ... ( read original story ...)