The yen dipped 0.7% to 146.9 against the greenback, moving past the 145.90 level that triggered the Bank of Japan in September to implement its first yen-buying intervention since the late '90s. The ...
Japan keeps up verbal warnings against yen sell-off to halt slide
Japan's policymakers continued to warn investors on Wednesday against selling the yen, as the dollar rose to a fresh 24-year high on the Japanese currency while hurdles to directly intervene remain ...
Hacker steals $100 million from crypto project Mango, then things get weird
On Tuesday, a hacker stole roughly $112 million from cryptocurrency exchange Mango Markets, which lives on the Solana crypto platform. They did it by purchasing a large amount of MNGO tokens on the ...
Yen falls to new 24-year low as Bank of Japan governor Kuroda vows ultra-loose policy
The yen weakened to a fresh two-decade low after Bank of Japan governor Haruhiko Kuroda vowed to keep monetary policy loose in order to support an economic recovery, fueling speculation over whether ...
‘Very, Very Serious’—JPMorgan CEO Issues A Stark ‘Panic’ Warning That Could Hit The Price Of Bitcoin, Ethereum And Crypto
One of Wall Street's most influential chief executives has warned of growing market "panic" that could send stock markets another 20% lower, potentially dragging the price of bitcoin, ethereum and ...
Crypto Attack Swipes $100 Million From DeFi Service Mango
An attacker spirited away about $100 million from decentralized finance provider Mango by manipulating the price of its token in an exploit that wiped out depositors on the crypto platform.
Chip Startup Defies Global Rout With 15% Surge in Tokyo IPO
Chip design firm Socionext Inc. jumped 15% in its Tokyo debut after completing Japan’s largest initial public offering this year, defying recent investor pessimism about global semiconductor ...
Crypto Winter Claims High Profile C-Suite Execs
If you said they’re dudes who used to be crypto CEOs and suddenly weren’t anymore, you’d also be correct. This crypto winter has seen a string of high-profile exits from the C-suite, a mix of ...
Socionext Defies Chip Slump With Japan’s Biggest IPO This Year
Making its market debut on Wednesday, Japan's Socionext Inc bucked softening sentiment toward chips by surging 15% in Tokyo's biggest initial public offering of the year so far. Shares in the fabless ...
Chip firm Socionext soars in Tokyo debut after Japan’s biggest 2022 IPO
Socionext managed to attract buyers even in a weak market for IPOs in Japan, where proceeds slumped 80% this year on an annual comparison.
Japan stocks lower at close of trade; Nikkei 225 down 0.02%
Japan stocks were lower after the close on Wednesday, as losses in the Electrical/Machinery, Precision Instruments and Machinery sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.
Japan shares close flat as tech offsets travel boost
Japanese stocks ended flat after a bumpy trading session on Wednesday, with sliding tech companies countering gains in travel-related firms in a market that lacked direction ahead of this week's key U ...
The Ethics Of Crypto: Sorting Out Good Intentions And Bad Actors
Some see crypto as a positive good – and others see it as no-good: a polarized debate about whether blockchain is merely a tool, or a shaper of moral outcomes; whether we should restrict the ...
Japan’s Matsuno: to Take Appropriate Steps on Excess Forex Moves
Japan is closely watching foreign exchange moves with a high sense of urgency, and is ready to take appropriate steps on excess moves, Chief Cabinet Secretary Hirokazu Matsuno told a regular briefing ...
Seattle crypto exchange Bittrex faces record fine for violating U.S. sanctions
Seattle-based crypto exchange Bittrex was fined $24 million for helping clients evade U.S. sanctions in Syria, Iran, Crimea and elsewhere.
Crypto Investor Newsletter: Disney, Australia, and China’s Digital Yuan
In this newsletter, stay tuned for a round-up of this week’s crypto developments, including a look at what’s happening with central bank digital currencies (CBDCs) around the world and the metaverse.