We asked top VCs to tell us which crypto startups they thought have made a splash in 2021. Here's what they said. ( read original story ...)
Point72 Seeks Head of Crypto After Saying Space Can’t Be Ignored
Steve Cohen’s Point72 Asset Management is seeking to hire a head of cryptocurrencies, according to a person familiar with the matter. ( read original story ...)
Explainer: What protections do consumers have in crypto trading?
The UK regulator’s clampdown on Binance, one of the world’s largest cryptocurrency exchanges, offers a reminder to consumers around the world that they will struggle to retrieve any of their money ... ( read original story ...)
Bitcoin: China’s crackdown isn’t enough – only a global effort can stop crypto’s monstrous energy demand
Bitcoin’s booming popularity has caused its electricity demand to swell. With no central planning, a perpetual arms race for equipment continues, creating 15,000 tonnes of burned out electronic waste ... ( read original story ...)
Bitcoin’s slump is likely to end when its market share climbs back above 50%, JPMorgan crypto expert says
JPMorgan's crypto expert said bitcoin's market share had recovered somewhat, but was not yet at the healthy 50% figure. ( read original story ...)
Japan Bank Head Says Transition Funds Are Critical for Climate
Helping big polluters transform into greener enterprises is one of the biggest challenges facing Japanese banks, and simply cutting off funding for “brown” companies could jeopardize those transition ... ( read original story ...)
Crypto update: Bitcoin slides as ‘hype leaves market’
If we compare today to the April highs, we can say with absolute certainty that the hype has left the market,' said one analyst. ( read original story ...)
Nikkei ends flat; Japanese shares clock losses in June on concerns over outlook
The Nikkei average dipped 0.07 per cent to close at 28,791,53, after rising as much as 0.65 per cent earlier in the session, while the broader Topix also changed course to edge down 0.30 per cent to 1 ... ( read original story ...)
Big Japan banks to cut online transfer fees in October
Japan's three megabanks will lower internet banking fees as soon as in October, as competition with fintech startups heats up, Nikkei has learned. The country's major banks plan to cut their internet ... ( read original story ...)
RCBC sells 5 percent stake to Japan’s 2nd largest bank
“The proceeds from the investment will allow the bank to finance the different requirements ... Sumitomo is one of the largest financial institutions in Japan with $2.2 trillion in total assets ... ( read original story ...)
Tokyo’s Nikkei share average closes down 0.07 pct
Japan's benchmark Nikkei average closed down 0.07 percent at 28,791.53 on Wednesday, while the broader Topix shed 0.30 percent at 1,943.57. ( read original story ...)
Japan’s Consumer Confidence Improves in June – Government
Japan's consumer confidence rose in June, the government said on Wednesday, after coronavirus state-of-emergency curbs in Tokyo and other areas were eased earlier this month. A Cabinet Office survey ... ( read original story ...)
Japan Lawmakers’ Average Income Falls Slightly to 24.16 M. Yen
The average income earned by Japanese lawmakers in 2020 stood at 24.16 million yen, down slightly from 24.27 million yen in the previous year, reports released by both chambers of Japan's parliament ... ( read original story ...)
Businesses And Crypto: Finding The Value And Managing The Big Risks
Hoping for a big jump in value is fine but considering how many things can go wrong is a must for corporate risk management. ( read original story ...)
UPDATE 1-Olympics-Tokyo may extend coronavirus curbs into Olympics period -media
Japan is considering an extension of its coronavirus prevention measures in Tokyo and other areas by two weeks to a month, Japanese media said, with less than a month to go until the Tokyo Summer ... ( read original story ...)
Activists will nurture Japan’s raw green shoots
Sometimes the grass is greener than it looks. Shareholders at Mitsubishi UFJ Financial (8306.T) on Tuesday voted down a proposal for the group to align its business with global targets on climate ... ( read original story ...)