An attacker spirited away about $100 million from decentralized finance provider Mango by manipulating the price of its token in an exploit that wiped out depositors on the crypto platform.
Chip Startup Defies Global Rout With 15% Surge in Tokyo IPO
Chip design firm Socionext Inc. jumped 15% in its Tokyo debut after completing Japan’s largest initial public offering this year, defying recent investor pessimism about global semiconductor ...
Crypto Winter Claims High Profile C-Suite Execs
If you said they’re dudes who used to be crypto CEOs and suddenly weren’t anymore, you’d also be correct. This crypto winter has seen a string of high-profile exits from the C-suite, a mix of ...
Socionext Defies Chip Slump With Japan’s Biggest IPO This Year
Making its market debut on Wednesday, Japan's Socionext Inc bucked softening sentiment toward chips by surging 15% in Tokyo's biggest initial public offering of the year so far. Shares in the fabless ...
Chip firm Socionext soars in Tokyo debut after Japan’s biggest 2022 IPO
Socionext managed to attract buyers even in a weak market for IPOs in Japan, where proceeds slumped 80% this year on an annual comparison.
Japan stocks lower at close of trade; Nikkei 225 down 0.02%
Japan stocks were lower after the close on Wednesday, as losses in the Electrical/Machinery, Precision Instruments and Machinery sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.
Japan shares close flat as tech offsets travel boost
Japanese stocks ended flat after a bumpy trading session on Wednesday, with sliding tech companies countering gains in travel-related firms in a market that lacked direction ahead of this week's key U ...
The Ethics Of Crypto: Sorting Out Good Intentions And Bad Actors
Some see crypto as a positive good – and others see it as no-good: a polarized debate about whether blockchain is merely a tool, or a shaper of moral outcomes; whether we should restrict the ...
Japan’s Matsuno: to Take Appropriate Steps on Excess Forex Moves
Japan is closely watching foreign exchange moves with a high sense of urgency, and is ready to take appropriate steps on excess moves, Chief Cabinet Secretary Hirokazu Matsuno told a regular briefing ...
Seattle crypto exchange Bittrex faces record fine for violating U.S. sanctions
Seattle-based crypto exchange Bittrex was fined $24 million for helping clients evade U.S. sanctions in Syria, Iran, Crimea and elsewhere.
Crypto Investor Newsletter: Disney, Australia, and China’s Digital Yuan
In this newsletter, stay tuned for a round-up of this week’s crypto developments, including a look at what’s happening with central bank digital currencies (CBDCs) around the world and the metaverse.
Chip Firm Socionext to Debut in Tokyo After Japan’s Biggest 2022 IPO
They were sold at 3,650 yen each, the top of the marketed range in an IPO that was upsized to 66.8 billion yen ($459 million) due to high investor interest. The deal managed to attract buyers even in ...
Asia-Pacific markets set to trade lower as growth slowdown fears loom; Bank of Korea decision ahead
Investors are also waiting for inflation data from the U.S. due later this week. The Nikkei futures contract in Chicago was at 26,345 while its counterpart in Osaka was at 26,380 — slightly lower ...
Yen Weakens Past Level That Triggered Last Japan Intervention
The yen weakened past 145.90 to a fresh 24-year low, raising speculation over whether and when Japanese authorities would step in to prop up the currency as they did last month.
Bitcoin holds steady around $19,000 amid growing signs of institutional adoption
Bitcoin on Tuesday continued to float in the $19,000 level as investors await CPI data and institutional interest grows.
SettleMint lands €16M to beef up its web3 low-code platform and enter Japan
Blockchain has quickly evolved beyond its financial origins and crypto pump-and-dump frenzy. From agricultural companies to auto manufacturers, established sectors have come to embrace the ...