Scams and get-rich-fast schemes in decentralized finance, or DeFi, are giving the crypto industry a black eye, according to Mike Novogratz, chief executive officer of Galaxy Investment Partners LLC. ( read original story ...)
Crypto exchange Bitpanda closes $52M Series A from Valar Ventures, backed by Peter Thiel
Bitpanda, a crypto assets platform, has closed a $52 million Series A funding round form Valar Ventures, a venture capital firm backed by Peter Thiel. Vienna-based VC Speedinvest also participated, ... ( read original story ...)
Tokyo Finance – Withdrawl Application For Re-Classification Of Promoter And Promoter Group
The Company has received Re-classification withdrawl application from Promoter and Promoter Group with reference to letter dated 21/09/2020 ... ( read original story ...)
Crypto will never hit critical mass until cybersecurity improves
Another week, another hack, another exchange, another theft. Welcome to the recurring world of crypto attacks and the reason why ... ( read original story ...)
Kioxia Delays Plan for IPO, Sending Toshiba Shares Lower
Kioxia Holdings Corp., the memory chipmaker spun out of Toshiba Corp. in 2018, said it will postpone its plans for an initial public offering on the Tokyo Stock Exchange. Toshiba shares tumbled. ( read original story ...)
Japan’s Three Megabanks to Extend Loans to NTT for NTT Docomo Acquisition: Sources
MUFG Bank will extend the biggest amount, the sources, who are familiar with the matter, told Reuters, declining to be identified because the deal is not official yet. Wealth of Knowledge is a weekly ... ( read original story ...)
Mizuho, Japan’s first megabank, facing tough going again 20 years after launch
The group is seeking to become "a next-generation financial institution," Tatsufumi Sakai, president and group chief executive officer, has said. ( read original story ...)
Japan’s megabanks to extend four trillion yen in loans to NTT for NTT Docomo acquisition: Nikkei
TOKYO (Reuters) - Japan's three major banks and some others are set to extend about 4 trillion yen ($37.9 billion) in coordinated loans to NTT for the acquisition of its mobile carrier, the Nikkei ... ( read original story ...)
CFTC charges overseas trading company with engaging in illegal crypto transactions
The CFTC has charged an overseas trading company with "engaging in unlawful retail commodity transactions" involving crypto.The post CFTC charges overseas trading company with engaging in illegal ... ( read original story ...)
Chipmaker Kioxia postpones $3.2 billion IPO plan
Kioxia Holdings Corp, the world’s second-largest flash memory chipmaker, said on Monday it would postpone plans for an initial public offering (IPO) amid uncertainty in the global chip market stemming ... ( read original story ...)
High Debt. Low Growth. Are We All Japanese Now?
Asia’s second-largest economy holds lessons for the rest of us as the Covid-19 pandemic destroys jobs and rocks whole industries ... ( read original story ...)
Crypto Is Too Dependent on Dollars
With most stablecoins pegged to dollars, the crypto industry is wedded to a single currency with uncertain prospects. Time to diversify. ( read original story ...)
The Role of Crypto in a Broader Portfolio
However, not even the lauded 60/40 rule can protect a portfolio against systematic risk. For decades, hedge funds have sought an asset that can protect against such undiversifiable hazards—an asset ... ( read original story ...)
Alchemy Pay to Integrate Chainlink Price Feeds to Power DeFi Products and Fair Crypto Payments
Alchemy Pay, a pioneer in hybrid digital and fiat payment solutions, is integrating Chainlink’s Price Feeds to help power DeFi products in its DeFi platform as well as set fair market exchange rates ... ( read original story ...)
Breakingviews – Toshiba’s pulled chip IPO is tip of its worries
The reason for Kioxia’s decision to pull its $3.2 billion initial public offering on the eve of pricing depends on who you ask. The world’s second largest maker of flash memory chips said it was down ... ( read original story ...)
Kioxia’s Ambitious IPO Runs Up Against Reality
The collateral damage from Huawei’s trouble is widespread, but the problems with the now-delayed Kioxia public offering ran deeper. ( read original story ...)