The platform, which is headquartered in the Seychelles, is one of the latest victims of the crisis affecting the sector for a year.
U.S. subpoenas hedge funds in probe of crypto exchange Binance
Federal prosecutors are examining American hedge funds’ dealings with cryptocurrency exchange Binance as part of a long-running investigation into potential violations of money-laundering rules at one ...
How Crypto’s Meltdown Changed the Regulatory Debate
It’s harder to argue that your parents should leave you alone when you’ve just smashed up the car. As digital assets lost more than $2 trillion in value and a string of prominent ventures blew up in ...
Bank of Japan mulls raising Japan inflation forecasts amid policy speculation
The Bank of Japan is considering revising its inflation forecasts upward, sources familiar with the central bank's thinking said Frid ...
Silbert’s Long List of Crypto Woes Starts With Genesis Bankruptcy Angst
A brutal week for embattled crypto broker Genesis has fanned fresh concerns about the health of its parent, Barry Silbert’s Digital Currency Group conglomerate.
Cramer explains why Silvergate is a ‘pivotal’ part of the crypto ecosystem
Cramer on Friday explained what purpose Silvergate serves in the crypto space. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your ...
Two Covid-era biotech IPOs — Spruce and Graphite Bio — see stock head in different directions
Clinical trial data sent one Bay Area biotech's stock tumbling Friday while another drug developer's stock nearly doubled with a partnership in Japan for its lead drug. Spruce Biosciences Inc. and ...
Crypto exchange Huobi to reportedly lay off 20% of staff as industry reels from FTX collapse
Huobi on Friday reportedly said it plans to reduce its global headcount by about 20%, in the latest round of layoffs to hit the cryptocurrency industry.
Japan finance minister to visit Singapore and Vietnam next week
Japanese Finance Minister Shunichi Suzuki is set to visit Singapore and Vietnam to meet high government officials from Jan. 10-13, the Ministry of Finance said on Friday.
Japan finance minister to visit Singapore, Vietnam next week
TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki is set to visit Singapore and Vietnam to meet high government officials from Jan. 10-13, the Ministry of Finance said on Friday. During the ...
Japan’s 10-year bond yield rises to hit BOJ upper limit as MOF raises coupon rate
Japan's 10-year government bond yield rose to hit the upper limit of the central bank's policy band on Friday, after the finance ministry raised the coupon rate on the notes of the same maturity ...
Mt.Gox pushes distribution deadline for creditors owed $2.29 billion, Bitcoin price outlook remains bullish
Mt.Gox, a cryptocurrency exchange that lost thousands of Bitcoins in 2014 has pushed its registration and distribution deadline for creditors to March 10, 2023. The defunct crypto exchange owes $2.29 ...
Bankruptcy Judge Says Celsius Crypto Investors Don’t Own Their Accounts
A sneaky clause in Celsius' terms and conditions made all investments property of the now-defunct crypto trading platform.
Sony Honda Mobility weighs future IPO for electric vehicle joint venture
Sony and Honda’s year-old electric vehicle joint venture is considering a stock offering as one option to raise cash in the future, although those discussions are preliminary, the chairman of Sony ...
Japan shares higher at close of trade; Nikkei 225 up 0.59%
Japan equities were higher at the close on Friday, as gains in the Electrical/Machinery, Chemical and Glass sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 gained 0.59%. The ...
Bad news for thousands of crypto investors: They don’t own their accounts
More than half a million people who deposited money with collapsed crypto lender Celsius Network have been dealt a major blow to their hopes of recovering their funds, with the judge in the company's ...