Nomura Holdings Inc. plans to break a profit at its crypto unit within two years as the spectacular failure of Sam Bankman-Fried’s FTX exchange spurs demand for safer counterparties in the ...
Crypto Firm Amber Cuts Staff, Pauses Fundraising in FTX Fallout
Amber Group, one of Asia’s leading crypto platforms, has continued to lay off staff and put a funding round on hold amid turmoil in the digital-asset sector following the bankruptcy of the FTX ...
Japanese banks must learn to lure Southeast Asia’s youth
Going abroad is easier than making a go of a business overseas; the Japanese may need to emulate a family-run Singapore bank.
Japan Foreign Reserves Rise to Highest in Six Years
Japan's foreign reserves grew 2.65% from the previous month to $1.226 trillion at the end of November, the first rise in four months and their highest since December 2016, ministry officials said.
Japan to earmark 5 tril. yen for long-range missiles over 5 years
Japan is considering spending around 5 trillion yen ($37 billion) to develop and deploy long-range missiles from fiscal 2023 to 2027, government sources said Tuesday, as the nation aims to possess an ...
Signature says it is ‘not just a crypto bank’ as it sheds deposits
Signature Bank plans to offload as much as $10bn in deposits tied to the cryptocurrency industry, a U-turn for a US lender that achieved rapid growth after aggressively courting digital assets. The ...
Crypto Weekly: SBF can’t stop talking
Fried's endless interview tour, to why Goldman spies an opportunity in the crypto chaos, these are the week's big stories in the world of virtual money. Olivia Zollino has the full picture.
Why More Than 26,000 People Were Laid Off In The Crypto Sector This Year
Executives of cryptocurrency exchanges are bracing for a long, cold crypto winter characterized by layoffs. The reasons for concern include the cratering of crypto prices, the FTX debacle, an ...
The FTC is investigating crypto firms for possible misconduct following FTX collapse
While we can’t comment on current events in the crypto markets or the details of any ongoing investigations, we are investigating several firms for possible misconduct concerning digital assets,” an ...
What the End Game for Crypto Will Look Like
The implosion of crypto exchange FTX is not just an Enron moment -- one particular company collapsing under the weight of fraud. It is crypto’s Lehman moment, too. The interconnectedness of ...
Goldman hunting for bargain crypto firms after FTX fiasco
STORY: The massive collapse of multi-billion-dollar crypto exchange FTX has grabbed headlines, spooked investors, and turned its former CEO Sam Bankman-Fried from so-called wunderkind to pariah in ...
What Kind of Regulation Is Fit for Crypto?
It is inaccurate to use the downfall of one company as illustrative of an entire industry.’ ...
House Ethics Committee admonishes Rep. Madison Cawthorn over crypto promotion, failure to disclose stake
Madison Cawthorn was ordered to pay over $15,000 for his improper promotion of a cryptocurrency and failure to disclose transactions in a timely manner.
FTX and Alameda’s massive investments will take a long time to unwind from crypto industry
FTX and Alameda Research had their hands in a bunch of different startups. The depth of its roster of investments wasn’t very transparent until now.
Goldman Sachs Is Not Crypto’s White Knight
Report that Wall Street heavyweight plans `tens of millions’ of dollars of investments in distressed digital assets gives wrong impression, source familiar with the firm says.
Leaked Twitter Code Reveals Secret Crypto Bombshell, Raising Serious Bitcoin And Dogecoin Questions
Since being taken over by Tesla billionaire Elon Musk, speculation and rumors have run rife that Twitter could roll out bitcoin, dogecoin or crypto features—something that's been encouraged by Musk through his promises to make Twitter into a WeChat-like super app.