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Tag: bitcoin

Posted on 11/11/2022

SoftBank hit by $10bn loss despite Masayoshi Son’s defensive pivot

Masayoshi Son said he would step back from running day-to-day operations at SoftBank to “devote” himself to turbocharging the growth of UK chip designer Arm, which is owned by ...

Posted on 11/11/2022

The crypto world must be made safer for investors and users

The sudden collapse of the crypto exchange FTX raises serious questions about the state of the crypto ecosystem. Without serious changes in the way it works, it is hard to see how it could even become ...

Posted on 11/11/2022

Crypto is in chaos as FTX teeters on the verge of bankruptcy

In less than a week, a 30-year-old entrepreneur once hailed as a modern-day J.P. Morgan watched his digital empire, including billions of his own fortune, evaporate in a death spiral that's shaken the ...

Posted on 11/11/2022

Weekly Small Cap and IPO Wrap: Local shares spike as Albo’s off to be the Wizard of Oz in Asia

Politics was the winner in a week of predictable uncertainty across global markets. ASX small caps jumped 2% on Friday, and 4% for the week.

Posted on 11/11/2022

Japan Cracks Down on FTX Unit, Freezing Exchange Activity

Japan’s government has ordered FTX.com’s local subsidiary to suspend some of its operations, saying it has no structure in place to properly offer cryptocurrency exchange services to users.

Posted on 11/11/2022

Japan’s Nikkei 225 Jumps 3% as Soft US CPI Cools Fed Rate Worry

Japan’s Nikkei 225 Stock Average surged more than 3% as investors wagered that slower US inflation would spur the Federal Reserve to moderate its pace of rate hikes.

Posted on 11/11/2022

Japan’s Nikkei 225 jumps more than 2% as Asia markets rise on U.S. inflation report

Shares in the Asia-Pacific are poised to rise Friday after the release of U.S. inflation data in October raised investor hopes that inflation has peaked.

Posted on 11/11/2022

Japan to invest up to $500 mln in new advanced chip development company

TOKYO, Nov 11 (Reuters) - Japan will invest up to 70 billion yen ($500 million ... Future of Moneycategory EXCLUSIVE Behind FTX's fall, battling billionaires and a failed bid to save crypto, article ...

Posted on 11/11/2022

Citi’s Japan Investment Banking Co-Head Is Said to Leave

Citigroup Inc.’s investment banking co-head for Japan Hirotaka Kato has left the US lender, according to people familiar with the matter. Kato, who also served as financial institutions group head for ...

Posted on 11/11/2022

Australia stocks jump 2%; Asia poised for higher open after U.S. inflation rose less than expected

Shares in the Asia-Pacific are poised to rise Friday after the release of U.S. inflation data in October raised investor hopes that inflation has peaked.

Posted on 11/11/2022

Japan Cracks Down on Local FTX Unit, Freezing Exchange Activity

Japan’s government has ordered FTX.com’s local subsidiary to suspend some of its operations, saying it has no structure in place to properly offer cryptocurrency exchange services to users.

Posted on 11/11/2022

FTX Japan to Go Into ‘Close-Only’ Mode Following Regulator’s Order to Suspend Operations

The Financial Services Agency had ordered the local arm of Sam Bankman-Fried's crypto exchange to halt operations until December following a withdrawal halt.

Posted on 11/11/2022

Japan’s financial regulator requests FTX Japan halt operations

In accordance with Japan's Payment Services Act and Financial Instruments and Exchange Act, the FSA said it had issued suspension and business improvement orders for FTX Japan.

Posted on 11/11/2022

Crypto collapse: it’s looking like a long, cold, contagious winter

And now, after a couple hours of due diligence, it’s looking like no deal. What’s on those books? Binance is the biggest crypto exchange and FTX is the third-largest, so that combo would be real ...

Posted on 11/11/2022

Crypto crash and gold sell-off show there’s no place for investors to hide

The spectacular implosion of cryptocurrency exchange FTX, a so-called unicorn startup that was recently valued at $32 billion, is just the latest bit of bad news for investors in bitcoin, ethereum and ...

Posted on 11/11/2022

AP source; US authorities investigate crypto exchange FTX

The swift collapse of cryptocurrency exchange FTX sent more shockwaves through the crypto world on Thursday, with authorities now investigating the firm for potential securities violations and ...

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