The Wall Street Journal reported Tuesday that the crypto lender is preparing for a potential Chapter 11 filing of its own, days after FTX filed.
Japan’s brand enablement platform AnyMind Group files for IPO
Tokyo-headquartered AnyMind Group, running its business mainly in Japan and other Asian countries, announced on Tuessday that its IPO application to list on the Tokyo Stock Exchange had been ...
Where does the FTX debacle leave Boston’s biggest crypto company?
A bad year for crypto turned into a rout with the bankruptcy of digital FTX last week. The collapse has shaken confidence in crypto markets and sent the price of ...
Crypto Market Stabilizes as Traders Weigh FTX Meltdown Fallout
Crypto markets stabilized Tuesday as investors grow hopeful that the fallout from FTX’s insolvency might remain somewhat contained.
Democrats Took His Shady Crypto Money. Will They Keep It?
Fried’s money was already a bit of a controversial subject. Now it’s looking downright scandalous. But Democrats aren’t speaking up.
FTX-driven crypto chaos exposes weaknesses but not another 2000 dot-com debacle
The bankruptcy of FTX is not expected to trigger another year 2000-type dot-com meltdown but instead expose weaknesses in the business models of cryptocurrency exchanges.
How to keep your crypto safe by moving it offline into your own wallet
Cold storage can protect your digital assets by taking them offline and harboring your crypto in a digital wallet. Here's how to set one up.
Japan’s economy unexpectedly shrinks from inflation and COVID-19
Japan's economy shrank for the first time in four quarters as inflation, a weak yen, and another COVID-19 wave have harmed the country.
Billionaire investor Charlie Munger says crypto is rife with fraud and delusion – and praises Elon Musk, calling Tesla’s success a ‘minor miracle’
Warren Buffett's right-hand man said investors are too eager to buy into the latest fad, and crypto's novelty meant regulators overlooked its dangers.
FTX-owned crypto exchange Liquid halts all withdrawals
The FTX-owned crypto exchange Liquid officially announced a suspension of fiat and crypto withdrawals on its Liquid Global platform.
Crypto Billionaires With $96 Billion Loss Add Distance From FTX
Their fortunes plummeting, crypto titans from Changpeng Zhao to the Winklevoss twins are eager to differentiate their businesses from the now-bankrupt exchange.
Unlike the US, Japan is paying more than its fair share of climate finance. But at what price?
The government hasn’t had its eye on meeting an equitable amount of finance exactly, partly because that comparative data was only recently released. But there’s a common thread pulling Japan, France ...
How the crypto fallout could affect you
FTX's bankruptcy filing has left financial backers in the lurch -- and that includes some pension funds. While they had limited exposure to FTX, their inclusion points to a growing but alarming trend ...
Charlie Munger says crypto is a bad combo of fraud and delusion — ‘good for kidnappers’
"This is a very, very bad thing. The country did not need a currency that was good for kidnappers," Munger said in an interview with CNBC's Becky Quick Tuesday.
Billionaire investor Charlie Munger says crypto is rife with fraud and delusion – and regulators should have banned it early on
Warren Buffett's right-hand man said investors are too eager to buy into the latest fad, and crypto's novelty meant regulators overlooked its dangers.
Sam Bankman-Fried was hailed as a crypto wonder child. What happened?
Bankman-Fried promoted himself as an eccentric genius. In reality, his image was a distraction from what was going on inside FTX ...