Crypto winter had just started when software engineer Molly White launched her blog, Web3 is going just great. She’s now one of the most influential blockchain skeptics.
Dividend recaps surge amid IPO standstill
Borrowers in Asia Pacific ex-Japan have raised $1.49bn year-to-date from five dividend recap deals, shows Dealogic. In comparison, two deals worth $853m were sealed in 2021, and $782m from four deals ...
BOJ conducts emergency bond buying to underpin debt market, but yields keep rising
Japan's central bank on Thursday said it would hold emergency bond-buying operations, offering to buy some $667 million in government debt, a move designed to put a floor under bond prices. The ...
Japanese yen hits 150 against the U.S. dollar, weakest levels not seen since August 1990
The Japanese yen weakened past 150 against the U.S. dollar, a key psychological level, reaching levels not seen since August 1990.
The crypto dream is not dead. We hope the delusions are
Crypto is an interesting technology that can do some things better–but it won't transform our economy, writes Index Ventures partner Danny Rimer.
Connecting crypto wallets is scary. Plaid wants to change that.
Plaid is trying to bring more safety and security to the chaotic world of crypto wallets, drawing on its expertise connecting fintech apps to banks.
Financial services giant Plaid makes first foray into crypto
Plaid, the financial services decacorn, has announced the launch of its first crypto-native product, Wallet Onboard. Similar to Plaid Link, which allows users to connect financial accounts to apps, ...
JPMorgan Hires Former Exec From Celsius Despite Crypto Company’s Implosion
The move, first reported by Bloomberg, comes after Celsius halted all withdrawals for users in June and filed for bankruptcy in July. Celsius owes users $4.7 billion and there are serious questions ...
Japanese yen falls to more than 30-year low against dollar
The Japanese yen on Thursday weakened to its lowest point since August 1990 against the U.S. dollar to 150, sparking lawmakers to call for fiscal action.
Japan eases token vetting process to expand crypto offerings: report
Japan’s Virtual and Crypto assets Exchange Association (JVCEA), the self-regulatory body that oversees local crypto exchanges, will allow platforms to list cryptocurrencies without an existing lengthy ...
Europe’s $9 billion digital bank N26 launches crypto trading service amid bear market
N26 Crypto will let users buy and sell 100 tokens including bitcoin and ether. The feature is first launching in Austria. N26 plans to expand it to other markets in the next six months. An N26 ...
N26 adds crypto trading with new Bitpanda integration
Challenger bank N26 is launching a new trading feature in its app — N26 Crypto. Users will be able to easily trade crypto assets using money in their N26 account. Behind the scenes, N26 is partnering ...
German Online Bank N26 to Launch Crypto Trading in Austria
German online bank N26 said on Thursday it would begin allowing some customers in Austria to trade cryptocurrencies, in its first foray into the asset class. N26 said it would expand the service to ...
South African financial regulator: crypto platforms must be licensed in 2023
Cryptocurrency financial companies in South Africa will need to apply for a licence between June 1 and November 20, 2023, in order to operate legally, the country's financial conduct regulator said on ...
Japan’s Nikkei cuts losses after report of China reviewing shorter quarantine
Japan's Nikkei share average cut losses in volatile afternoon trade on Thursday after a report said China was mulling an easing of COVID-19 rules for visitors. The index rose as high as 27,092.55 with ...
Japan shares lower at close of trade; Nikkei 225 down 0.92%
Japan equities were lower at the close on Thursday, as losses in the Gas & Water, Mining and Finance & Investment sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 lost 0.92%. The ...