That’s what anyone watching the sudden collapse of FTX, a hot cryptocurrency start-up that plunged into bankruptcy last week, might be puzzling over. It will take time — and multiple federal ...
Crypto watchdogs have a giant offshore problem
Tighter cryptocurrency regulation is inevitable after the collapse of exchange FTX. Even so, there will still be places that the rules don’t touch. Big players like Binance, as well as services based ...
Binance CEO Changpeng Zhao: FTX will set crypto back, but the industry will become healthier
Binance CEO Changpeng Zhao joins CNBC's 'Squawk Box' to discuss the collapse of crypto exchange FTX and what it could mean for the crypto industry.
Don’t Let Crypto Bros Undermine Effective Altruism
The spectacular collapse of the cryptocurrency trading firm FTX has raised a number of urgent questions. Why did the founder, Sam Bankman-Fried, get such fawning media coverage? Will his customers get ...
Wall Street Sours on Coinbase, Signaling Broad Crypto Doubts
The prices of the exchange’s stock and bonds reflect anxieties after the collapse of rival FTX and sharp declines in bitcoin.
Bikaji Foods IPO: What GMP signals as all eyes set on share listing date
However, stock market experts strongly recommended bidders to go with their conviction developed after going through the company's financials. They said that balance sheet of the company reflects ...
PIF looks to IPO of $5bn oil and gas driller ADES
PIF is considering an IPO of oil and gas driller ADES International Holding by the first half of next year, as it accelerates efforts to raise billions of dollars for new investments, people familiar ...
Tech-Sector Reversal Drives Tokyo Equities Lower
The Nikkei 225 opened lower Thursday and could not recover, finishing off 0.4% as traders stepped back from chip-makers and other tech issues on a softening outlook for computer and smartphone sales.
Plaid IPO: What You Need To Know
The IPO market tanked, as did Plaid’s plans to go public in the immediate future. Whether Plaid makes sense as an investment once the environment becomes more tolerant of risk, is an open question.
Chip shares drag Japan’s Nikkei lower; travel stocks jump as tourists return
Japan's Nikkei ended lower on Thursday, as Tokyo Electron and Advantest led the losses among chip-related stocks after Micron Technology cut its memory chip supply and capital spending, while travel ...
Japan shares lower at close of trade; Nikkei 225 down 0.35%
Japan equities were lower at the close on Thursday, as losses in the Insurance, Real Estate and Precision Instruments sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 fell 0.35%.
Inside a Once-$10 Billion Crypto Empire That’s Suddenly Cracking
Suspended withdrawals at cryptocurrency brokerage Genesis amid the widening crypto-market meltdown have cast an unwanted spotlight on Barry Silbert, the man at the helm of the Digital Currency Group ...
Fallen Crypto Billionaire Admits His Persona was a Sham in New Interview
FTX via ReutersIf there were lingering doubts about Sam Bankman-Fried’s strategic thinking—assuming one could overlook the bankruptcy filing, the bizarre tweets, and the billions of dollars in missing ...
Chipmakers drag Japan’s Nikkei lower on Micron supply cut
Japan's Nikkei edged lower on Thursday, with chip-related companies Tokyo Electron and Advantest dragging the most after Micron Technology scaled back its memory chip supply and capital spending, ...
Japan Auto Lobby Opposes Plan for Mileage Tax on Electric Vehicles
"We are firmly opposed to the hasty introduction of measures such as a mileage tax without public discussion," said Seiichi Nagatsuka, vice chair of the Japan Automobile Manufacturers Association.
Syla Technologies Corp. Files for IPO
By Stephen Nakrosis Syla Technologies Corp. filed for an initial public offering with the U.S. Securities and Exchange Commission on Wednesday. The ...