The drama unfolding in the crypto industry has lured two downtrodden scions back into the limelight. Do Kwon, the founder of collapsed stablecoin project Terra, and Su Zhu, the co-founder of bankrupt ...
Crypto Stocks In For Another Tough Day Amid FTX Crisis — Coinbase Plunges 5% Premarket
Fried’s FTX cryptocurrency exchange and its subsequent bailout by Binance brought to the fore the vulnerability of digital currencies and related instit ...
Congress unswept, crypto a mess
Running market assumptions of a Republican clean sweep of U.S. Congress in Tuesday's midterm elections appear wide of the mark so far from early results, leaving investors to ponder the implication ...
Roundup: Japan’s Nikkei ends lower ahead of U.S. inflation data, election results
Japan's benchmark Nikkei stock index ended lower Wednesday, as investors opted for profits ahead of the release of U.S. inflation data seen as a barometer for the future course of the U.S. Federal ...
Japan’s Nikkei ends lower ahead of U.S. inflation data, election results
TOKYO, Nov. 9 (Xinhua) -- Japan's benchmark Nikkei stock index ended lower Wednesday, as investors opted for profits ahead of the release of U.S. inflation data seen as a barometer for the future ...
CORRECTED-Japan’s Nikkei retreats from two-month high as Nintendo tumbles after earnings
Japan's Nikkei share average fell on Wednesday from a near two-month high hit in the last session, led by heavyweight Nintendo after it posted poor earnings, while investors also awaited U.S. consumer ...
Tom Brady and Steph Curry Among Stars Caught up in Crypto Drama
Both deals were concluded before the crypto winter, the bear market in virtual currencies that wiped out billions of dollars in valuation. FTX, which was founded in 2019 by Sam Bankman-Fried, invested ...
Japan’s Nikkei retreats from two-month high as Nintendo tumbles after earnings
Japan's Nikkei share average fell on Wednesday from a near two-month high hit in the last session, led by heavyweight Nintendo after it posted poor earnings, while investors also awaited U.S. consumer ...
Crypto Poster Boy Sam Bankman-Fried’s Meltdown
Another financial disaster is roiling the crypto markets, this time at FTX, the massive cryptocurrency exchange run by Sam Bankman-Fried, who had positioned himself as the poster boy of responsible ...
Bitcoin briefly touches a new low for the year, FTX token plunges more than 75% in broad crypto sell-off
The cryptocurrency market slid after the two biggest crypto exchanges, Binance and FTX, came to a merger agreement to fix a "liquidity crunch." ...
Crypto Billionaire Bankman-Fried Loses Entire Fortune in One Day
The 30-year-old billionaire was forced to sell his crypto firm empire on Nov. 8 to a major rival due to a cash crisis.
Japan’s carbon emissions management platform expands into Singapore
Japanese ClimateTech startup Asuene announced on Monday that ... announced on Wednesday that its IPO application to list on the Tokyo Stock Exchange had been approved. The company will be listed on ...
Bitcoin briefly drops to a new low for the year, FTX token loses more than 75% in broad crypto sell-off
The cryptocurrency market slid after the two biggest crypto exchanges, Binance and FTX, came to a merger agreement to fix the latest "liquidity crunch." ...
Crypto Crash Intensifies Amid Downfall Of Industry’s ‘White Knight’ Bankman-Fried
Bitcoin fell 11% Tuesday to just over $18,000, its lowest price since November 2020, as investors reacted to liquidity issues at the one-time stalwart exchange FTX.
Proposed tie-up sends shockwaves through crypto markets
In an unexpected twist, the cryptocurrency exchange Binance said it is buying its smaller rival FTX after the firm faced a liquidity crisis that rattled digital assets and sparked contagion fears.
Crypto’s Biggest Day Ever Is Far From Its Best
Welcome to Bloomberg Crypto, our twice-weekly look at Bitcoin, blockchain and more. In today’s edition, Emily Nicolle recaps an incredible day in crypto: ...