FTX filed for bankruptcy on Nov. 11 in the face of a cash crunch caused by a withdrawal run by FTX clients. The firm's founder and former CEO, Sam Bankman-Fried, 30, has denied wrongdoing.
Crypto is ‘most mature’ in these 2 countries, new Huobi report reveals
The latest data compiled by exchange Huobi confirms that in 2022, the United States is the most “mature” crypto market. Despite the heavy drawdowns in price for Bitcoin and altcoins this year, ...
Time to Regulate Crypto? Why Not Beanie Babies?
Cryptocurrencies were born out of the libertarian dream of a financial system free from government regulation. Bitcoin's promoters peddle its ability to let ...
Roundup: Japan’s Nikkei ends lower on U.S. economic recession concerns
Japan's benchmark Nikkei stock index closed lower Thursday with large-cap technology issues taking a hit on concerns that the U.S. economy could be heading towards a recession. The 225-issue Nikkei ...
Wall Street Cues, Recession Concerns Undercut Tokyo Stock Market
The Nikkei 225 opened lower Thursday on Wall Street cues and could not recover, finishing down 0.4% as traders weighed prospects for a global economic slowdown. The benchmark Nikkei 225 fell 111.97 to ...
‘Crypto Is Anything But Private.’ An Author Examines Crime on the Blockchain
"The problem isn’t stealing it: that’s all too easy. It’s getting away with it," says Andy Greenberg, the author of a new book on crypto crime ...
Japan’s Nikkei ends at near 1-month low amid economic worries
In Japan, chip-making equipment maker Tokyo Electron lost 0.94%, game and audio equipment maker Sony Group fell 1.93% and robot maker Fanuc slipped 0.6%.
Japan’s Nikkei hits near one-month low on economic worries
TOKYO, Dec 8 (Reuters) - Japan’s Nikkei index on Thursday fell to its lowest in nearly one month, weighed down by Wall Street’s weak finish on economic concerns as well as corporate earnings. The ...
Winklevoss Crypto Firm’s Employees Saw the Disaster Coming
Users of Gemini—the cryptocurrency exchange founded by identical twins Cameron and Tyler Winklevoss —could hand over their digital assets to a product called Earn. The assets would then be loaned out, ...
FTX, Crypto Collapse Costs Taylor Swift a Huge Payday
Fried's ambition for celebrity endorsements might have snared the "Anti-Hero" singer, but she proved to be smarter than a lot of other famous people.
Japanese marketing firm Warrantee files for upsized $20M US IPO
Japanese marketing research firm Warrantee (WRNT) has submitted a new F-1 filing with the SEC for a proposed upsized $20M US IPO. Read more here.
These are not the most expensive cities… unless you are a certain kind of expat
Let’s look at the Economist survey for what it is - the worldwide cost of living for expats with a very fixed way of life. Read more at straitstimes.com.
Japan’s Life Insurers Are Dumping Foreign Bonds at a Record Pace
Stung by crippling hedging costs and tempted by higher yields at home, Japan’s life insurers are bailing out of foreign bonds at a record pace.
When Crypto Scammers Stole $23 Million, This Victim Found Them
A fraud victim who lost more than $23 million in a crypto heist told me he’s counting on the 20-year-old was involved in hacking his account. But first… • Savvy fraudsters are bilking Amazon merchants ...
Accounting red flags are common among public Crypto companies
Accounting issues that brought down major crypto firms like FTX and Celsius, exist in firms weathering the crypto contagion such as Marathon and Riot Blockchain.
U.S. court weighs novel issue of crypto ownership in bankruptcy
A U.S. judge this week is considering for the first time the question of who owns bitcoin and other tokens in frozen accounts at a bankrupt digital asset exchange in a case that could shape customer ...