Binance Holdings Ltd., the world’s largest crypto exchange, sought to counter concerns about outflows by reiterating its position that user assets are underpinned by reserves while also flagging an absence of debt.
Where did the money go in FTX crypto collapse?
Current FTX CEO John J. Ray III, a corporate restructuring expert who handled the restructuring of bankrupt energy trader Enron, appeared before the House Financial Services Commi
Jim Cramer says crypto and high wages need to crash for the Fed to beat inflation
Stocks ended the day up on Tuesday after the monthly consumer price index report showed that prices rose less than expected in November.
Two of this year’s biggest Japan IPOs set for stock-market debut
Shares of two of Japan’s largest initial public offerings this year jumped in Tokyo after both companies successfully priced shares at the top of the marketed range.
Japan expected to announce big shift in defence policy in view of China threats
The shift is the result of Tokyo's fears about China's growing military strength and regional posturing, as well as threats ranging from North Korean missile launches to Russia's invasion of Ukraine ...
Key Points Of Japan’s New Defence Strategy
Japan will soon outline plans to drastically expand its defence capabilities over the next five years in response to threats from China and nuclear-armed North Korea.
Japan manufacturers’ mood worsens as cost pressures bite
Japanese manufacturers' mood soured in the final quarter of 2022 to the lowest in nearly two years, a central bank survey showed, as cost pressures and the prospects of slowing global demand clouded ...
UPDATE 2-Japan ruling party tax chief says panel agrees to raise taxes for defence boost
Senior officials of Japan’s ruling Liberal Democratic Party’s tax panel agreed on Wednesday to raise corporate and tobacco taxes and an income tax designed for disaster reconstruction to fund the ...
Japan Lawmaker Chides Crypto Watchdog Over FTT Coin Approval
A Japanese lawmaker urged more clarity on cryptocurrency regulation after an industry watchdog didn’t tell consumers about potential red flags around FTX’s native coin when it approved the token for a ...
A Crypto Reckoning Isn’t Coming Yet
Sam Bankman-Fried is in handcuffs, but the SEC stopped short of declaring broader regulation on the chaotic cryptocurrency industry.
The charges against crypto’s Bankman-Fried are piling up. Here’s how they break down
A one-time unofficial spokesman for crypto who was reportedly worth billions, FTX's former CEO has been arrested on charges he committed fraud and conspiracy.
Crypto Hit With Bad News About Two of Its Stars
First is the arrest of Sam Bankman-Fried, the founder of FTX, after weeks of speculation that he misused the funds of clients and investors. Bankman-Fried is being held in custody pending an extradition process,
What Happened To Crypto Giant FTX? A Detailed Summary Of What We Actually Know Here
What happened to the cryptocurrency exchange FTX? Here's what we actually know about what happened to FTX and its founder.
Why the Feds Chose Right Now to Bust Crypto’s Golden Boy
DOJ was happy to let Sam Bankman-Fried talk himself into prison, but likely wanted to avoid the embarrassing optics of him testifying before Congress from his Bahamian villa.
Japan Plans to Double Its Defense Budget Amid ‘Worsening Security Environment’
The war in Ukraine has prompted many countries to expand their defense spending. Japan plans to double its defense spending by 2027, the largest increase in nearly 70 years. The East Asian country is ...
Japan Was the Safest Place to Be an FTX Customer
As regulators look to regulate exchanges in light of the FTX's collapse, they would do well to look to Japan, which has some of the most mature rules in the world.