Japan Post Bank's secondary stock offering has been priced at 1,131 yen a share, parent Japan Post Holdings said Monday, bringing the total value of the sale to 1.23 trillion yen ($9.24 billion).
Hackers steal around $200 million from crypto lender Euler Finance
On Monday, the blockchain monitoring firm PeckShield sent an ominous tweet directed at the crypto lending platform Euler Fiance, simply saying: “Hi […] you may want to take a look.” What the firm was suggesting Euler take a look at was a series of transactions that indicated there was an ongoing hack against Euler.
Crypto exchange OKcoin pauses USD deposits following closure of Signature Bank
Crypto exchange OKcoin temporarily paused U.S. dollar deposits in the wake of the closure of crypto-friendly Signature Bank by state regulators Sunday.
Major crypto coins stabilise after U.S. intervenes on SVB collapse
Major cryptocurrencies stabilised on Monday after U.S. authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB) and the issuer of the USD Coin stablecoin said it remained redeemable with the dollar.
Crypto Scours the Globe for Banks to Replace Collapsed US Lenders
Crypto hedge fund executive Marco Lim spent Monday racing to open bank accounts in Hong Kong after the sudden collapse of three US lenders.
SVB Bust Won’t Go Big in Japan—Probably
SVB was tripped up by investments in Treasurys and government-backed debt. Japanese financial institutions have long been large buyers.
Founder of troubled crypto asset unicorn Babel launches new DeFi project, stablecoin
Flex Yang, the former CEO and founder of Babel Finance, is leading efforts to restructure the now embattled crypto asset unicorn while introducing a new decentralized project with hopes to avoid some ...
Bitcoin rises and crypto market tops $1 trillion again after US regulators bail out SVB customers
Bitcoin's price jumped in a broad-based rally for cryptocurrencies Monday, after US regulators stepped in to bail out customers with money in Silicon Valley Bank.
Helium’s IoT-Crypto Network Is Barely Hanging On in Lebanon
People in the country hoped to earn a steady payout from Wi-Fi hot spots. But many are left holding useless hardware.
After SVB failure, regulators close crypto-friendly bank Signature Bank
Signature Bank is the second casualty of the ongoing banking crisis in the U.S. The New York-based financial institution stopped operating abruptly on Sunday — customers will be made whole. Regulators ...
US futures fall as US bank failures make markets jittery
Bank stocks sagged and U.S. stock futures were mixed ahead of the market’s open in New York, shaken by worries the biggest U.S. bank failure in nearly 15 years might have ripple effects ...
Japan loosens COVID-19 rules, but many keep masking
Many Japanese residents took a cautious approach on Monday to the government easing COVID-19 restrictions, choosing the keep wearing masks on the morning commute and in many public spaces.
Asian shares mixed despite jitters after US bank failure
Asian shares mostly fell Monday, shaken by a Wall Street tumble that set off worries the biggest U.S. bank failure in nearly 15 years might have ripple effects around the world. TOKYO (AP) — Asian ...
U.S. moves to protect all deposits at Silicon Valley Bank in bid to stem wider fallout
After shutting down one of the tech industry’s top banks Friday, federal authorities took extraordinary steps to head off a broader financial crisis before markets reopened for Monday trading.
First Republic Bank shares fall more than 60% after collapse of SVB, Signature
Shares of First Republic Bank tanked by nearly 70% in pre-market trading on Monday — just hours after federal regulators announced that they would step in and assume control of failed lenders Silicon ...
Europe’s bank shares plunge, bonds rally despite SVB rescue effort
Europe's bank shares suffered their biggest fall in over a year and bond markets saw a gigantic repricing of rate hike bets on Monday as global efforts to limit the fallout from the collapse of ...