SoftBank sold a large part of its stake in Alibaba to “instantly show” investors its finances were solid after logging a record quarterly loss of $23bn, the technology conglomerate’s chief financial ...
Japan’s Mitsui nears decision to join new Sakhalin-2 operator, Nikkei reports
Japanese trading firm Mitsui & Co is close to making a final decision to join a new Russian operator for the Sakhalin-2 liquefied natural gas (LNG) project, the Nikkei newspaper said, without citing ...
Crypto Is Tumbling, but in Argentina It’s Still a Safer Bet
Even though cryptocurrencies have lost value, many Argentines see them as a less risky choice than their own currency, whose worth has plunged as inflation has soared.
Ethereum Overhaul Risks Creating a New Class of Crypto Kingpins
This seemingly geeky change, part of a portion of the software upgrade that is called MEV-Boost, could potentially make Ethereum more centralized, at least initially. While there are already more than ...
The social aspects and sense of community are the crypto market’s biggest allure and its biggest danger, experts say
The social aspect is an alluring part of crypto - and that's been a dangerous pitfall for some investors, as FOMO encourages big risk taking.
This Longtime Crypto Investor Lost $20K in the Celsius Collapse. Here’s His Advice on Managing Risk
Brad Hart has invested in crypto since 2009, but still lost over $20,000 this summer when crypto lending firm Celsius Network collapsed.
What Is Crypto Gaming?
The global video game market topped INR 15 trillion in 2021. As more players worldwide become fully immersed in online gaming worlds, it’s natural that cryptocurrency will play a larger role. A ...
Crypto.com Quietly Cut Hundreds of Jobs
A lack of transparency on the Crypto.com platform raises many questions at a time when crypto has hit a rough patch.
Mobilicom Limited (MOB) Announces August 24th IPO
Mobilicom Limited (MOB) plans to raise $12 million in an initial public offering (IPO) on Wednesday, August 24th, IPO Scoop reports. The company will be issuing 1,600,000 shares at $7.43 per share. In ...
Japan’s inflation rises to 2.6% in July, fastest pace since 2014
The annual headline inflation rate in Japan rose to 2.6 percent in July 2022 from 2.4 percent in June, the fastest pace since April 2014, according to official data by the Internal Affairs Ministry on ...
Crypto hackers have stolen nearly $2 billion this year—Here’s why it’s a growing problem
Hackers have stolen nearly $2 billion of crypto this year and the crime trend isn't likely to stop, according to Chainalysis. Here's how to protect your funds.
Bankrupt Crypto Lender Celsius Now Says It Likely Has Enough Cash to Last Through End of Year
The company’s CFO testified the company will receive additional funds in maturing loans and sales and use tax savings in a bankruptcy hearing with creditors.
Crypto exchange FTX ordered to halt ‘false and misleading’ claims by U.S. bank regulator
A U.S. bank regulator ordered crypto exchange FTX on Friday to halt what it called "false and misleading" claims the exchange had made about whether funds at the company are insured by the government.
Crypto analyst warns of 2008 financial crash-style “domino effect” as Bitcoin prices plunge
A crypto analyst has warned of a 2008 financial crash-style “domino effect” as more and more companies teeter on the edge of collapse amid plummeting Bitcoin prices. Lennix Lai, Director of Financial ...
Morning Bid: Japan inflation could pile pressure on yen, BOJ
Inflation figures from Japan, which could put the central bank's ultra-loose monetary policy under even more intense scrutiny, and a smattering of Chinese earnings are the juiciest morsels for ...
Japan’s largest online broker to shut crypto mining in Russia
Russia’s invasion of Ukraine has created uncertainty over the prospects of the mining business, while crypto’s global market rout has rendered it less profitable to mine tokens.