White House press secretary Karine Jean-Pierre said in her Monday briefing the Biden Administration has its eyes on Silvergate after the California crypto bank delayed its annual report and announced ...
Powell Boosts Warning on Crypto Industry and Its ‘Turmoil’
Federal Reserve Chairman Jerome Powell is again warning US banks about the risks of getting involved in the digital-asset industry.
More pain for the crypto industry means a chance for startups to pivot
The crypto market isn't out of the woods just yet, according to a top Goldman Sachs executive. If that's the case, it's a chance for a rethink.
Crypto firm BKCoin hit by emergency asset freeze over alleged $100 million Ponzi scheme that paid for co-founder’s rent and vacations
BKCoin's co-founder was accused of spending $371,000 of investor money to pay for vacations, sporting events, and a New York City apartment, per the SEC.
Japan’s Nikkei touches 3-month high as fall in U.S. yields boosts sentiment
Japan's Nikkei share average climbed to a three-month peak on Tuesday and the broader Topix index rose to its highest since late 2021, as a fall in long-term U.S. Treasury yields buoyed investor ...
New Bank of Japan Governor Likely Stuck with Kuroda’s Path
Alone among major central banks, the Bank of Japan has stuck to its ultra-loose monetary policy as inflation has risen. Will its new Governor shake things up?
Japan’s Nikkei hits 3-month high as lower U.S. yields boost appetite
Japan's Nikkei share average climbed to a three-month peak on Tuesday and the broader Topix index rose to its highest since late 2021 as an easing in long-term U.S. Treasury yields triggered buying ...
SEC Chair Gary Gensler Is Staffing Up To Investigate The Crypto Industry
The Securities and Exchange Commission is growing its headcount. The new hires will aid in the agency’s ability to review, investigate, audit, examine and potentially prosecute securities law violations related to new crypto products and trading activities.
Asia-Pacific shares set to fall ahead of Reserve Bank of Australia rate decision
Asia-Pacific shares are set for a lower open on Tuesday as investors await RBA's rate decision, as well as a docket of economic data across the region.
PREMA Could Be The First Legal NFT Project In Japan. What Are Its Potential Advantages?
What is PREMA? PREMA is a comprehensive NFT application platform based on Web3.0 network, focusing on the sale, tran ...
FTX’s trading affiliate Alameda sues Grayscale over crypto investments
FTX trading affiliate Alameda has sued crypto investment company Grayscale and its owner Digital Currency Group over the structure of their large bitcoin and Ethereum trusts, dealing a further blow to the SoftBank-backed crypto conglomerate.
Bitcoin and Ether rise despite Silvergate suspending its crypto payments network: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.
Factbox-Silvergate crisis: Crypto industry majors drop embattled lender
A slew of cryptocurrency heavyweights including Coinbase Global Inc and Galaxy Digital ditched Silvergate Capital Corp as their banking partner after the lender's latest filing raised questions about its ability to stay in business.
Why Silvergate’s post-FTX financial woes could spell trouble ahead for crypto
With the go-to crypto bank in financial crisis, entrepreneurs are worried about a reversion to crypto's darkest days when startups couldn't get banked.
SoftBank’s Arm aims to raise $8bn in U.S. IPO, sources say
Arm, the British chip designer owned by Japan's SoftBank Group, is likely to aim to raise at least $8 billion from what is expected to be a blockbuster U.S. stock market launch this year, people ...
SoftBank’s Arm Reportedly Eyes Raising At Least $8B In US IPO This Year
U.K. chip designer Arm Ltd, owned by Japan's SoftBank Group Corp (OTC: SFTBF) (OTC: SFTBY), reportedly aims to raise at least $8 billion in its American stock market debut after having shunned calls ...