Earlier, Kraken stated that the company could cut down its workforce by 30 per cent because difficult market circumstances affected the demand for digital assets badly. It is second exit of Kraken.
Six Numbers That Defined Crypto’s Dismal 2022
Crypto’s 2022 was one of the most consequential and difficult years on record. After an extremely bullish 2021 that saw Coinbase go public in the largest direct listing in history, the first bitcoin ...
The 5 biggest crypto hacks of 2022
The Andreessen Horowitz-backed Axie Infinity was one of the early crypto successes of the year—a “play-to-earn" game where users earned NFTs and tokens. The model drew criticism for its exploitative ...
Bahamian regulator says it seized $3.5 billion of FTX crypto assets for ‘safekeeping’
The Securities Commission of The Bahamas said it moved $3.5 billion from FTX's Bahamian subsidiary, FTX Digital Markets, into its own digital wallets.
Earlyworks Files for IPO
By Sabela Ojea Earlyworks Co. Ltd. has filed for an initial public offering to list on the Nasdaq Capital Market, the blockchain technology company said in ...
Crypto investors who lost money in 2022 can use key tax loophole—for now
Fortune Crypto provides smart and timely news about Bitcoin, Ethereum and how startups and big companies are using blockchain to transform finance and investing.
Bank of Japan makes unscheduled bond purchases for third straight day
The Bank of Japan continued a run of unscheduled purchases of government bonds in an attempt to control a surge in yields caused by speculators betting it will pivot away from its ultra-loose monetary ...
Tokyo Shares Close Flat On Last Trading Day Of 2022
Tokyo stocks ended flat Friday on the year's last trading day, with the Nikkei falling more than nine percent over 2022.
Japan’s Nikkei index drops 9% in 2022 for 1st yearly fall in 4 years
The benchmark Nikkei stock index finished the year down 9.4 percent, as Russia's war in Ukraine and fears over a potential global rec ...
Why The Bank Of Japan Blinked
The Bank of Japan shocked the market by increasing the band on their Yield Curve Control policy. See what this means for the economy here.
Crypto Influencer Blasts NY Post and Daily Mail for Sexist Coverage of Her SBF Chat
Both the Post and Mail placed pics of Fong in a bikini alongside sexualized headlines about her meeting with fallen FTX boss Sam Bankman-Fried.
Japan’s P2P lending platform Crowd Credit to be acquired by Bankers Holding
Crowd Credit Tokyo-based Crowd Credit, the Japanese startup behind a cross-border peer-to-peer (P2P) lending platform under the same name, announced on Thursday that it will be fully ...
Asia-Pacific markets set to trade higher after Wall Street rebounds
Stocks in the Asia-Pacific are set to trade higher after Wall Street rebounded overnight, recovering most losses from the previous session.
Neworld to set up shop in Taiwan to help Japanese craftmakers market globally: Nikkei
Tokyo-based Neworld, the Japanese startup behind marketing support and an e-commerce platform focused on Japanese craft products, is now planning to develop sales channels by launch campaigns on ...
Japan’s 20-yr bond yield hits multi-year high as BOJ struggles against upward pressure
Japan's 20-year government bond yield hit a near eight-year high on Thursday, as Bank of Japan (BOJ) emergency bond buying operations for shorter term notes failed to contain the upward pressure.The ...
Crypto Price Check: Ringing Out ’22, Looking to the New Year
After a bruising year of bankruptcies and criminal investigations, crypto investors are hoping better times are coming in 2023.