Asia-Pacific markets are set to fall, taking the lead from Wall Street's losses overnight as investors looked to the year ahead.
Crypto exchange Kraken to halt operating in Japan
Kraken plans to stop operating in Japan at the end of January, the cryptocurrency exchange announced on Wednesday. It said it will also deregister there.
Crypto Winter Gets Colder as Kraken Closes Japanese Operations
The ripple effect of another major crypto exchange shuttering some operations is causing cryptocurrencies to struggle on Wednesday.
Crypto Exchange Kraken to End Japan Operations
The decision was prompted by "current market conditions in Japan in combination with a weak crypto market globally," the company said in a blog post on Wednesday. Kraken users in the country have ...
After FTX’s spectacular collapse, where does crypto go from here?
The next chapter is still being written, but boosters stay the long term viability of cryptocurrency technologies like the blockchain remain sound.
Over $3 Billion Stolen In Crypto Heists: Here Are The Eight Biggest
It was a record year for crypto hacks. Decentralized finance was thee prime target, accounting for two thirds of all hacks.
The Sam Bankman-Fried-backed crypto Solana has lost nearly all its value this year and is still crashing as key projects bail
The token was once touted as an "Ethereum killer," but in 2022 it has crashed 94% amid the FTX scandal and crypto winter.
Bank of Japan starts unscheduled bond buying in response to rising yields
The Bank of Japan conducted an unscheduled bond buying operation as a surge in global yields threatened to spread to Japan, Bloomberg reported. The move came after the central bank widened its yield ...
How crypto industry can move on after the fall of FTX founder Sam Bankman-Fried
Arrest of FTX founder Sam Bankman-Fried could be turning point for what was an immature crypto industry becoming a real grown-up powerhouse.
Japan’s Nikkei pressured by drop in chip stocks, China worries
Japanese stocks on Wednesday retreated from the one-week highs hit in the previous session, weighed down by an overnight drop in global semiconductor shares and lingering worries over China's COVID-19 ...
Roundup: Japan’s Nikkei ends lower as tech, real estate stocks weigh
Japan benchmark Nikkei stock index closed lower Wednesday with heavyweight tech issues dragged down by their US peers overnight sl ...
Bank Of Japan’s Yield Curve Tweak Tilts Currency Market Sentiment
Currency market movement during the week ended December 23 was primarily dictated by the sentiment surrounding Bank of Japan's move ...
Solana Tumbles Again, Bringing Crypto Token’s 2022 Plunge to 94%
Solana, the cryptocurrency backed by fallen crypto mogul Sam Bankman-Fried, tumbled on Wednesday amid concerns that large holders may be about to offload the token.
Academic Close to Japan’s Kuroda Says BOJ Moving Towards Policy Normalisation
Kuroda said then that the move was not a prelude to an exit from ultra-loose policy, because recent price rises meant Japan's inflation-adjusted, real interest rate had been declining. "Kuroda is ...
Year in a word: Crypto winter
(noun) a period of low or falling cryptocurrency prices, alternating with bull markets The crypto world calls it “winter”. Others might call it a meltdown. Whichever you prefer, 2022 has been the year ...
Asia-Pacific shares poised to drop as investors continue to digest China’s reopening news
This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific shares are set to open mixed following losses on Wall Street while investors continue to further digest China's rollback on Covid ...