Japan’s cabinet reshuffle is likely to keep the central bank’s monetary easing intact while the government may do more to ease the pain of rising prices for households, according to economists.
SoftBank, others may pare FirstCry stake pushing company valuation to $4 billion
Japan’s SoftBank and NewQuest Capital Partners are among existing investors seeking to sell shares of IPO-bound FirstCry in the secondary market, valuing the baby products retailer in the range of $3.
Coinbase reels from “fast and furious” crypto crash
Coinbase posted dismal results Tuesday as the crypto powerhouse got slammed by a downturn that “came fast and furious.” Coinbase reported second-quarter financials that missed Wall Street estimates as ...
Coinbase’s earnings fall short of expectations as crypto winter rages
Today after the bell, the largest U.S. cryptocurrency exchange Coinbase reported its second quarter performance.
Sam Bankman-Fried’s crypto firms had deep ties to Voyager Digital and its bankruptcy wipeout
Court proceedings and financial documents detail how complicated relationships were between the two Bankman-Fried firms — Alameda and FTX — and Voyager Digital.
Treasury Sanctions Against Major Crypto Privacy Tool Pose New Risks To The Industry
On Monday, the Office of Foreign Assets Control (OFAC), an agency within the U.S. Treasury, sanctioned a prominent crypto software tool it claims is being used to launder funds by North Korea.
North Korean-sponsored crypto hacks on the rise, experts warn
Cybersecurity experts are warning against the rapid growth of cryptocurrency theft led by North Korean state-sponsored hackers following a series of heists targeting blockchain firms. Nick Carlsen, a ...
Reddit and FTX update blockchain-based “community points” to make rewards accessible to crypto newbies
Reddit users will now be able to buy Ethereum directly in the social media platform’s app thanks to a partnership with FTX, the giant crypto exchange announced Tuesday. The new partnership involves ...
US bans transactions on crypto system that some used for money laundering
The US Treasury Department blacklisted the virtual currency mixer Tornado Cash on Monday, saying the system "has been used to launder more than $7 billion worth of virtual currency since its creation ...
Crypto Platform FTX Pay and Reddit Strike a Deal
Crypto started to tumble toward a crisis point in May 2022, losing around half its value by the time June rolled around. It sent crypto investors into panic, prompted Tesla ( TSLA) - Get Tesla Inc.
Iran Plans to Use Crypto to Pay for Imports to Help Get Around Sanctions
Iran’s head trade official said they made an import order worth $10 million in crypto, with promises to do even more such transactions in the near future.
Japan’s Nikkei snaps 4-day winning streak on weak earnings, U.S. inflation woes
Japan's Nikkei stock index snapped a four-day winning streak Tuesday as subpar earnings led to technology shares being sold amid jitters over key U.S. inflation data. The 225-issue Nikkei Stock ...
Bitcoin Helps Poor Countries Survive When Government Bonds Are Worthless
What is so important about the gross domestic product to debt ratio and how can bitcoin help the poorest countries avoid another debt crisis?
What is crypto winter? Here are the basics on this period of market cooling.
In the first half of 2022, the price of every major cryptocurrency dropped and some crypto-related companies are facing serious financial difficulties.
A senior PitchBook analyst breaks down 3 reasons why crypto venture funding is on track to surpass 2021 despite a market downturn
PitchBook's Robert Le told Insider that crypto VCs don't want to repeat the same mistakes they made during the dot-com era by not investing.
North Korea’s increasing use of crypto heists to fund nukes worries US
North Korea is increasingly using its crypto heists to fund its nuclear weapons program, worried U.S. officials say. “I’m very concerned about North Korea’s cyber capabilities,” Anne Neuberger, the ...