SEC Chair Gary Gensler has no plans to recuse himself from decisions related to cryptocurrencies, despite accusations of bias from the industry.
Bitcoin Banking: European Banks Are Beating U.S. Banks In The Crypto Custody Race
European banks are currently leading the global race in providing bitcoin custody services, in sharp contrast to the regulatory challenges faced by U.S. banks.
Senators Lummis and Gillibrand finally unveil their revamped crypto bill
Proof of State is the Wednesday edition of Fortune Crypto where Leo Schwartz delivers insider insights on policy and regulation.
Crypto ransom attacks rise in first half of 2023 – Chainalysis
Crypto crime fell overall in the first six months of 2023, but the volume of payments to ransomware attackers surged and is on track for its second-biggest annual total on record, blockchain analytics ...
Nvidia in Talks to Anchor Chip Designer Arm’s IPO, FT Says
Arm Ltd., the chip designer backed by SoftBank Group Corp., is in talks with Nvidia Corp. to join a group of potential investors to anchor its initial public offering, according to the Financial Times ...
Lummis-Gillibrand Bill Resurrects Bipartisan Hopes For Crypto
Senators Lummis and Gillibrand are breathing new life into the bipartisan conversation on crypto on Capitol Hill ...
SoftBank Group Is Contemplating US IPO for Its PayPay Payments Division
SoftBank Group Corp is currently considering a United States initial public offering (IPO) for its PayPay payments subsidiary.
One of Japan’s Biggest Banks Bets on Quantum Computing for Finance
MUFG Bank, one of the three megabanks in Japan, reportedly invested billions of yen to buy a 18% stake in Groovenauts, a quantum computing startup. The investment makes MUFG the first among Japan’s ...
Hedge funds grow more cautious on crypto after turmoil
LONDON (Reuters) - Global hedge funds not specialising in crypto assets have grown skittish from recent industry turmoil and this has lead to an exit from the sector, a survey showed on Tuesday.
Atlantic Equities downgrades Coinbase after rally, cites weak crypto volume
It's time to step to the sidelines on Coinbase after its recent rally, according to Atlantic Equities. Analyst Simon Clinch downgraded Coinbase to neutral, but raised his price target, following the ...
Feds Charge NYC Man With Hacking Decentralized Crypto Exchange And Stealing $9 Million—In First-Of-Its-Kind Case
The U.S. Attorney’s Office of the Southern District of New York says a professional security engineer manipulated a smart contract to defraud a Solana blockchain exchange out of $9 million.
SoftBank’s Arm in talks to bring Nvidia as anchor investor in IPO – report
Ahead of Softbank-owned Arm's (ARMHF) initial public offering this year, the U.K. chip designer is in talks to bring in Nvidia (NASDAQ:NVDA) as a potential anchor investor, the Financial ...
Japan steelmaker JFE says Tesla-pioneered tech poses ‘very big problem’ for it
Japan's second-biggest steelmaker JFE Holdings Inc sees usage of technology known as 'Gigacasting' as a risk to the company's business as it could lead to reduction of steel usage, its President Koji ...
Japan stocks lower at close of trade; Nikkei 225 down 0.81%
Japan stocks were lower after the close on Wednesday, as losses in the Precision Instruments, Power and Pharmaceutical Industry sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined ...
Japan’s Nikkei dips to 1-month low as yen gets stronger
The 225-issue Nikkei Stock Average dropped 259.64 points, or 0.81 percent, to finish at 31,943.93, the lowest closing since June 8. The broader Topix index, meanwhile, closed 14.92 points, or 0.67 ...
Chip Designer Arm in Talks With Nvidia to Anchor IPO, FT Says
Arm Ltd., the chip designer backed by SoftBank Group Corp., is in talks with Nvidia Corp. to join a group of potential investors to anchor its initial public offering, according to the Financial Times ...