Top crypto companies announced layoffs this week, a signal that may mean trouble ahead for the industry beyond the presidential election.
AI Must Learn From Crypto’s Mistakes to Win Public Trust
To navigate this critical juncture, AI innovators must learn from crypto's missteps in communication and public engagement to build trust and ensure responsible innovation. Artificial intelligence and cryptocurrency each have the potential to redefine ...
SafePal launches Telegram crypto wallet with Visa card support
Self-custodial crypto wallet SafePal is joining the Telegram ecosystem by launching a Mini App wallet featuring digital Visa support.
Billions in FTX assets set to reenter crypto market just as new regulations take hold
He noted that upcoming fair value accounting rules will further facilitate crypto adoption by allowing companies to hold bitcoin without penalizing their balance sheets. "All that's going away," he stated, emphasizing the importance of this change in making bitcoin a more viable asset for institutional balance sheets.
Crypto Has ‘Already Won’ the Election: Bitwise CIO Matt Hougan
Matt Hougan, chief investment officer at Bitwise Asset Management, joins CoinDesk to explain his optimism in the overall crypto industry as the U.S. presidential election is around the corner. Plus, insights on MicroStrategy's master plan and his bullish bitcoin predictions.
Stock market today: Japan leads losses in Asia after sharp decline on Wall St driven by Big Tech
HONG KONG (AP) — Asian stocks were mostly lower Friday morning, with Japan’s benchmark Nikkei losing over 2% in early trading after a sharp decline on Wall Street driven by high expectations. United ...
Crypto Biz: Crypto industry faces fresh round of layoffs
Crypto exchange Kraken has also reduced its workforce, with reports indicating a reduction of 15% of the company’s staff, or almost 400 people. Kraken last laid off employees in November 2022, when it cut 1,100 people, or 30% of its workforce, due to “market conditions.”
Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.
The U.S. Treasury Department issued a rule promising extra scrutiny for businesses near military sites, having already targeted a Chinese-backed crypto operation by a Wyoming missile base.
Japan shares lower at close of trade; Nikkei 225 down 2.79%
Japan equities were lower at the close on Friday, as losses in the Transportation Equipment, Rubber and Pharmaceutical Industry sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 ...
5% of Single-Issue Crypto US Voters is More Than the Margin of Victory – Paradigm
US crypto owners identify as single-issue voters, and they people could be the margin of victory or defeat in the Presidential election.
A Look Back At Crypto ETFs
Bitcoin interest has remained relatively high, and bitcoin prices have now reached over $70,000. This year has been one of the busiest in terms of crypto ETF launches. Read more ...
Live News: AirNav Ireland chief Peter Kearney; Construction in row hitting Intel and Amazon
The company is eyeing an annual run rate of $500 million to look for an IPO, a scale Klar is forecasting it will achieve ... Overnight in Asia, Japan has led market losses, with Osaka’s Nikkei 225 ...
Carlyle-Backed Japanese Chip Testing Tools Maker Rigaku Slumps In Trading Debut
The listing raised about $750 million, making it Japan’s second-largest IPO this year after subway operator Tokyo Metro’s $2.3 billion deal.
Bank of Japan likely to stay course with a rate hike in December or January, analysts say
Stefan Angrick, associate director and senior economist at Moody’s Analytics, described the tone of the BOJ’s Outlook Report as being “moderately” hawkish.
Japan’s Nomura more than doubles quarterly profit
Japan's Nomura Holdings more than doubled its quarterly profit on Friday, its sixth straight quarter of growth, boosted by a jump in performance at its wholesale business.
Japan’s Marubeni considers fresh shareholder distributions on healthy cash flow
By Katya Golubkova TOKYO (Reuters) -Japanese trading house Marubeni forecast on Friday an increase in cash flow for the fiscal year ending in March, allowing for additional shareholder distributions ...