Japan's Nikkei share average ended 1% lower on Monday as investors sold chip-related stocks, while foreign investors kept on the sidelines with U.S. markets being closed for the Juneteenth holiday.
Nikkei recoups early losses on yen’s weakness
Japan's Nikkei share average recouped early losses on Monday, helped by gains in paper and pulp, and insurance stocks, as the yen hit a near seven-month low. The Nikkei had risen 0.05% to 33,274.60 by ...
What Is A Crypto Layer 2 And How Does It Work?
To use an L2, a user deposits their L1 funds (like, say ether) into the L2 system via what’s known as a “bridge.” With their funds on L2, the user can transact. L2s utilize the underlying blockchain, but only minimally, which translates to L2 users paying lower fees.
Crypto War: The Secrets Behind Gary Gensler’s SEC Strategy
SEC Chair Gary Gensler has launched an all-out war on crypto. Here are the secrets behind his regulatory strategy.
He Went After Crypto Companies. Then Someone Came After Him.
Kyle Roche was a rising star in the field of cryptocurrency law — until his career imploded. Who orchestrated his downfall?
Big Crypto Exchange Escapes Doom Scenario
Accused of fraud, Binance has reached an agreement with the U.S Securities and Exchange Commission which allows it to continue to operate for the time being in the United States.
Is Crypto Dead?
Even before the SEC announcements, crypto was in trouble. Dozens of firms had failed, millions of individual investors had plunged into the red or cashed out, and billions of dollars of institutional investment had moved on.
Huawei Demands Royalties From Japanese Companies, Nikkei Says
Huawei Technologies is requesting licensing fees from about 30 Japanese companies for the use of patented technology, Nikkei reported.
Bitcoin gets a sliver of optimism to cap an otherwise dismal week for crypto
Miner profitability Bitcoin's recent declines may not be entirely on macro and regulatory headwinds, said Yuya Hasegawa, crypto market analyst at Japanese bitcoin exchange Bitbank. The recent movement ...
‘It Could Happen Very Quickly’—Crypto Bulls Issue Huge ‘10x’ Price Prediction Amid Wild Bitcoin And Ethereum Swings
Michael Saylor, the founder of the world's largest corporate bitcoin holder, has joined the Winklevoss twins in predicting bitcoin will explode out of its current bear market—something that could ...
The CEO of Europe’s largest bank on innovation, new tech, and HSBC’s approach to crypto
Noel Quinn believes HSBC is well positioned to navigate new technology in an increasingly complex global landscape.
Bank of Japan to weigh pros and cons of its tool-kit in review
The Bank of Japan will scrutinise the effects and side-effects of its unconventional monetary policy tools deployed during a 25-year battle with deflation in a scheduled long-term review, Governor ...
Japan’s upper house passes legislation to finance increased military spending
The upper house of the Japanese parliament passed legislation on the sources of funding for increased defense spending early on Friday, according to the parliament''s broadcast.
Sotheby’s Sold A Bankrupt Crypto Hedge Fund’s Collection Of Generative Art For More Than Double Its Highest Estimated Worth
Sotheby's sells bankrupt crypto hedge fund, Three Arrows Capital's art collection of graphic generative works for over double its highest estimated worth, totaling $11 million.
Japan’s Nikkei futures rise on BOJ’s status quo
Japan's Nikkei futures rose on Friday during the lunchbreak after the Bank of Japan left its ultra-easy policy settings unchanged, setting the index up for a 10th consecutive weekly gain. The Nikkei share average fell 0.
Japan’s Nikkei heads for 10th weekly gain as BOJ stands pat
Japan's Nikkei headed on Friday for a 10th consecutive weekly gain, clawing back small early losses as investors cheered a decision by the central bank to leave its ultra-easy policy settings unchanged.