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Tag: banking

Posted on 15/01/2025

Bitcoin jumps above $96,000 as improving inflation data pauses crypto sell-off

Bitcoin bounced on Tuesday, rising with other risk assets as traders digested a light inflation reading. On Tuesday the price of the flagship cryptocurrency rose 3.7% to $96,363.58, according to Coin ...

Posted on 14/01/2025

US, Japan, South Korea warn of rising North Korean crypto hacking threats

The United States, Japan and South Korea have issued a joint warning against the growing threat presented by cryptocurrency hackers associated with the Democratic People’s Republic of Korea (DPRK).

Posted on 14/01/2025

S. Korea, U.S., Japan identify N. Korea behind US$659 million crypto theft in 2024

North Korean hackers stole some US$659 million worth of crypto assets through multiple hacks in 2024 as it continues its malicious cyber activities to fund its illicit weapons programs, a joint ...

Posted on 14/01/2025

‘We’re just getting started’: How the crypto industry plans to remake Washington

The cryptocurrency industry spent a mint to elect pro-crypto candidates during the 2024 campaign cycle — and now, it’s ready to reap the returns. The industry ramped up its political engagement in a ...

Posted on 14/01/2025

Crypto bank Sygnum achieves unicorn status with new funding round that gives it a valuation of $1 billion

Sygnum, a crypto bank based in Switzerland and Singapore, has raised $58 million, giving the privately-held company a valuation of $1 billion. The round was led by Bitcoin-focused investment firm ...

Posted on 14/01/2025

Top Crypto Projects in the Carbon Credit Industry

Climate change has become a pressing global issue, and innovative solutions are emerging to combat its effects. Among these, carbon crypto projects are playing ...

Posted on 14/01/2025

Instead of an IPO, Voice Translator Pocketalk Raises USD 15.8M from Investment Firm

Pocketalk, the Japanese company behind the eponymous “two-way voice translator,” has raised JPY 2.5bn (USD 15.8m) in funding from Kado Investment, a Tokyo-based investment firm. Terms of the deal were ...

Posted on 14/01/2025

Global Data Center Leader EdgeConneX Unveils Plans for Japanese Market Entry

Density data center solutions, announces its inaugural entry into the Japanese market to support the nation's increasing demand for robust digital and AI infrastructure. EdgeConneX is commencing a ...

Posted on 14/01/2025

Nikkei 225 falls as chip shares slump

Tokyo's benchmark stock index slid more than 2 percent at one stage on Tuesday as investors sold off semiconductor-related issues.

Posted on 14/01/2025

Europe, US stock futures climb while Nikkei slides as US inflation data awaited

S&P 500 futures were 0.3% firmer. European futures were up 0.8% and FTSE futures were broadly steady. But in Asia, Japan's Nikkei slumped 1.8% and touched a six-week low as investors shed chip stocks ...

Posted on 14/01/2025

Stock market today: Asian markets are mixed, echoing trading on Wall Street

Asian shares are mixed after gains for oil and gas producers helped offset drops for Nvidia and other Big Tech companies on Wall Street.

Posted on 14/01/2025

US futures steady, Japan slides in nervous wait for US CPI

US equity futures rise slightly, but Japan's Nikkei falls 1.5% amid high Treasury yields and inflation concerns ...

Posted on 14/01/2025

Bank of Japan to discuss interest rate hike next week – deputy chief

Bank of Japan Deputy Governor Ryozo Himino has signaled that an interest rate hike may be on the cards at the monetary policy meeting on January 23-24, as many of the shocks to the Japanese economy ...

Posted on 14/01/2025

Asian indexes mixed, Japan losses while China gains momentum

Asian shares traded mixed on Tuesday, echoing Wall Street moves on Monday, where tech focused Nasdaq Composite slumped, and the blue-chip Dow rallied ahead of inflation data. Japan's Nikkei 225 Index (NKY:IND) dropped 2.

Posted on 14/01/2025

Bitcoin Stumbles as Fed Policy Outlook Dents Crypto’s Trump Trade

Bitcoin and the wider cryptocurrency market have made a shaky start to the year, hurt by speculation that the Federal Reserve’s window for further interest-rate cuts is closing.

Posted on 14/01/2025

Japan’s 40-Year Yield Rises to Highest Since Debut in 2007

Japan’s 40-year government bond yield reached an all-time high, amid a global debt selloff and speculation that the Bank of Japan may hike interest rates in the future.Most Read from BloombergThese ...

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