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Tag: banking

Posted on 27/09/2023

Klaviyo valued at $9.2 billion after pricing IPO above range

Marketing automation company Klaviyo secured a valuation of $9.2 billion in its initial public offering (IPO) on Tuesday, after pricing the share sale above its indicated range, according to ...

Posted on 27/09/2023

Japan’s MUFG Bank, two others lead $290 mln Sierra Space fundraising

MUFG Bank is among three Japanese firms leading a $290-million fundraising round for U.S. spaceship company Sierra Space, spearheading a commercial "spaceport" project in the southwestern region of ...

Posted on 27/09/2023

Crypto Lender BlockFi Cleared to Repay Customers Through Liquidation Plan

Failed crypto lender BlockFi Inc. won bankruptcy court approval on its plan for shutting down its business, a milestone that could result in customers getting back a portion of what they’re owed by ...

Posted on 27/09/2023

The crypto industry is not dead yet. BlackRock is about to revive it, says Bernstein

If you think crypto is dead, think again, says Bernstein's digital assets analyst. The price of bitcoin has fallen 5.8% over the past six months, according to CoinMetrics, and the flagship crypto has ...

Posted on 27/09/2023

U.S. sanctions crypto wallet over links to Mexican cartel fentanyl trade

The U.S. government has imposed sanctions on an Ethereum wallet with alleged ties to the Sinaloa cartel and drug trafficking.

Posted on 27/09/2023

Binance Aims To Launch Stablecoins In Japan By End Of 2024 With Japan’s Largest Bank

As a first step into Japan, Binance acquired 100% of Sakura Exchange BitCoin, which opened the way for it to be regulated by the FSA. The exchange has since changed its name from Sakura Exchange ...

Posted on 27/09/2023

The ‘Great IPO Reopening’ may be on hold: rising rates and weaker stocks are a killer

The Great IPO Reopening may be on hold: rising rates and lower stocks are an IPO killer. A combination of still-high valuations, a mediocre reception for the latest crop of IPOs and poor market ...

Posted on 27/09/2023

Japan’s MUFG Bank, two others lead $290 million Sierra Space fundraising

MUFG Bank is among three Japanese firms leading a $290-million fundraising round for U.S. spaceship company Sierra Space, spearheading a commercial "spaceport" project in the southwestern region of ...

Posted on 26/09/2023

‘Alarm Bells For Crypto’—Leak Reveals Joe Biden Could Be About To Issue a Game-Changing Executive Order And Trigger Bitcoin Price Chaos

U.S. president Joe Biden could be about to issue an executive order on artificial intelligence that could have a serious spillover to bitcoin and crypto, setting "alarm bells" ...

Posted on 26/09/2023

The World’s Biggest Crypto Firm Is Melting Down

After FTX crashed, the world of crypto seemed to belong to the largest exchange, Binance. Less than a year later, Binance is the one in distress. Under threat of enforcement actions by U.S. agencies, ...

Posted on 26/09/2023

Crypto influencer ‘BitBoy’ arrested, reports say

I’m angry about all of it - beyond angry,” Armstrong tweeted. “The only thing exceeding the anger is the hurt.” ...

Posted on 26/09/2023

BitBoy Crypto Got Himself A Lambo, Not With Bitcoin Or Ethereum But This Altcoin

Crypto influencer Ben Armstrong found himself in hot water after being arrested on Monday evening, following a live broadcast on YouTube.

Posted on 26/09/2023

Japan’s MUFG Bank, two others lead $290 mln Sierra Space fundraising -Nikkei

MUFG Bank is among three Japanese firms leading a $290-million fundraising round for U.S. spaceship company Sierra Space, spearheading a commercial "spaceport" project in the southwestern region of ...

Posted on 26/09/2023

Binance partners with MUFG to issue a stablecoin in Japan by end of 2024

Binance Japan has partnered with MUTB to explore the possibilities of issuing a stablecoin in Japan by the end of 2024.

Posted on 26/09/2023

ASML to Set up Base in Japan’s Hokkaido to Support Rapidus Chip Plant Nikkei

TOKYO (Reuters) - Semiconductor equipment maker ASML plans to set up a base in Japan's northern island of Hokkaido to support production at a new Rapidus chip plant, the Nikkei daily said on Tuesday.

Posted on 26/09/2023

Japan Finance Minister warns markets as yen nears intervention danger zone

Japan's finance minister said on Tuesday that authorities won't rule out any options in dealing with excessive currency volatility, underlining a warning that has kept traders on alert for ...

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