After FTX's bankruptcy, venture capitalists are acknowledging crypto's shortcomings, rethinking investments, and preparing for backers to step away.
Japan unicorn Opn buys MerchantE to enter U.S. online payment sector
"Besides financial institutions that participated in the financing (for the deal), Japan Bank for International Cooperation and governmental funds such as Japan Investment Corp gave us strong support ...
Bank Stocks, Stronger Yen Drive Tokyo Equities Into Green
MT Newswires Primary Image Tokyo's finance-sector stocks finished up 0.8% on the day, reported TradingView. The yen traded to 139 to the US dollar after having nearly reached 150 to the greenback in ...
U.S., Japan and partners mobilise $20 billion to move Indonesia away from coal
By David Lawder and Valerie Volcovici NUSA DUA, Indonesia/SHARM EL-SHEIKH, Egypt (Reuters) - A coalition of countries will mobilise $20 billion of public and private finance to help Indonesia shut ...
US, Japan and EU unveil $20 billion plan to wean Indonesia off coal
The U.S., Japan and a suite of other partners on Tuesday unveiled a $20 billion plan to help Indonesia curb reliance on coal-fired power in the world's fourth-most populous country. Why it matters: ...
Japan to resume offshore wind auctions in December with revised rules
Japan plans to resume public auctions for offshore wind power projects in December under revised rules aimed at encouraging a wider range of operators and accelerating the development of ...
IPO Of 6-Year-Old “Future Food” Startup – BASE FOOD, Inc.
After the IPO, the company will invest more in research and development ... It will be directly shipped from Japan. HKTV mall link: *1 meal, equivalent of 1 pack of BASE PASTA, 2 packs of BASE BREAD, ...
U.S., Japan and partners mobilise $20 bln to move Indonesia away from coal power
A coalition of countries will mobilise $20 billion of public and private finance to help Indonesia shut coal power plants and bring forward the sector's peak emissions date by seven years to 2030, the ...
Japan’s Nikkei holds ground despite surprise economic contraction
Japan's Nikkei index edged higher on Tuesday, as traders scooped up beaten-down stocks, even as data showed a surprise contraction in the domestic economy.
Japan’s economy shrinks as consumers reduce spending
The Japanese economy contracted at an annual rate of 1.2% in the July-September quarter, as consumption declined amid rising prices.
How Sam Bankman-Fried’s Crypto Empire Collapsed
Mr. Bankman-Fried said in an interview that he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds.
Binance, Crypto.com execs tell investors to ‘ask me anything’ following the fall of FTX
Both Binance and Crypto.com hosted live question-and-answer sessions on Monday morning in an attempt to reassure investors that the cryptocurrency exchanges won’t meet the same fate as FTX, which ...
Crypto lender BlockFi will ‘explore all options’ to deal with the fallout from FTX’s bankruptcy after it took a $250 million loan from the exchange
Crypto lender BlockFi, which got an emergency loan from FTX, said it has assets tied up with the bankrupt exchange and can't run "business as usual." ...
Fed’s top financial regulator urges ‘guardrails’ for crypto
The top U.S. banking regulator at the Federal Reserve is urging Congress to pass legislation that would impose regulation on crypto currencies in the wake of the swift collapse last week of FTX, a ...
Customers who trusted crypto giant FTX may be left with nothing
As the dust settles from one of the most shocking financial implosions in history, one of the key unknowns is how much customers who can't access their money expect to get back from FTX, the crypto ...
Binance CEO opens up about circumstances surrounding FTX deal, crypto exchange’s downfall
Yahoo Finance crypto reporter David Hollerith details Binance CEO Changpeng Zhao's plan for a relief fund for developing crypto projects, in addition to the crypto executive explaining the ...