Still, the interest in the IPO remains robust, fueled by a desire of its clients to expand their commercial ties with Arm and ensure rivals do not gain an edge. The Japanese conglomerate will own 90.6 ...
SoftBank faces investor scepticism on $55bn price tag for Arm IPO
Cambridge-based Arm is targeting a valuation range of $50bn-$55bn, the FT reported last week. SoftBank paid $32bn to acquire Arm in 2016 but its latest target is below the $64bn valuation implied less ...
Analysing the Potential Parallels: Bitcoin could follow the Nikkei path and soar to record highs
Mike McGlone, the senior commodity strategist at Bloomberg Intelligence, predicts that Bitcoin could follow the Nikkei path, and soar to new peaks.
Japanese regulator seeks to scrap “unrealized gains” tax on crypto
Advocates of the crypto industry in Japan have been demanding a revision of the national tax regime for digital assets for some time. At the end of July, the Japan Blockchain Association (JBA), a ...
Which Is The World’s Most Crypto-Aware Population? ConsenSys Report Shows It’s This African Nation
In a recent global survey, Nigeria has emerged as the country with the highest level of awareness about cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Nigeria holds the ...
From Black Swans To Bright Horizons: Ahead Of G20, A Look At How India Can Unpack Crypto’s Resilience & Potential
OPINION: For longer-term clarity, regulations stand as a pivotal force in shaping emerging sectors, including blockchain and crypto.
A $700 Million Bonanza for the Winners of Crypto’s Collapse: Lawyers
Bankruptcy lawyers and other corporate turnaround specialists have reaped major fees from the bankruptcies of five cryptocurrency companies, including FTX.
Last Week on Crypto Twitter: A Work Of Bart
A big-brain thread came from Stephen Palley last week. Crypto often gets shilled as the best thing since sliced bread, but is “code is law” really much better than the law we already have? Stephen’s ...
Japan’s Nikkei closes at one-month high; JFE slides
Japanese stocks closed at their highest levels in a month on Tuesday, even as profit-taking emerged as the Nikkei index rose afresh above the key 33,000 mark and speculation about new share sales also ...
Japan bond yields stifled by BOJ’s heavy hand as investors hold out
The Japanese government bond market has frozen over, as investors hold out for higher yields while an overbearing Bank of Japan bond-buying programme drains supply. More than a month after the Bank of ...
Japan’s FY 2024 budget requests hit record 114.39 tril. yen
Budget requests by Japanese ministries and agencies for fiscal 2024 totaled a record 114.39 trillion yen ($779 billion), after higher ...
Japan’s budget requests for fiscal ’24 hit record ¥114.39T
Budget requests by Japanese ministries and agencies for fiscal 2024, which starts in April, total a record ¥114.39 trillion, after higher bond yields pushed up debt-servicing costs on top of increased ...
UPDATE 2-Japan’s ministries seek record $778 bln budget for FY2024/25
TOKYO, Sept 5 (Reuters) - Japan’s government ministries have requested a record 114.3 trillion yen ($778.40 billion) for next fiscal year’s budget, the finance ministry said on Tuesday, with rising ...
Cryptoverse: Venture capital still haunted by crypto chaos
Crypto investors remain haunted by the chaos that descended on the sector last year when the implosion of the FTX exchange and other major firms, including hedge fund Three Arrows Capital, sent ...
Kotani gets $2M pre-seed to help African workers send money home via crypto — without the internet
Of the many lofty promises of cryptocurrency, one of the most commendable ones is its potential to bring financial inclusion to underserved users. Nairobi-based Kotani Pay is a crypto payments startup ...
Crypto Casino Stake.com Allegedly Hit By $40M Security Breach — Here’s What Happened
Stake.com, an online casino and sportsbook founded in 2017 by Bijan Tehrani and Ed Craven, has recently become the target of an alleged security breach, purportedly resulting in a loss of around $40 ...