Terraform Labs' luna coin fell sharply on Monday as controversy enveloped DeFi platform Wonderland, denting related tokens in the ecosystem. ( read original story ...)
As crypto floods Texas, high energy use draw Congressional scrutiny
To beat out other miners doing exactly the same thing requires not only fleets of increasingly fast computers but huge amounts of energy to run them. From wind farms in West Texas to an old coal plant ... ( read original story ...)
Northern Data Bets On Crypto To Bankroll Its Cloud Ambitions
Investment in high-end, sustainable computing power gives Northern Data an edge in the cryptocurrency mining sector, but the bigger opportunity lies in cloud computing services ... ( read original story ...)
Binance Builds Up $1 Billion Insurance Fund Amid Crypto Hacks
Binance Holdings Ltd. has built up a $1 billion insurance fund for its users amid a barrage of hacks on cryptocurrency trading platforms, according to a memo. ( read original story ...)
Japan Nikkei extends gain on upbeat offshore lead, sold earnings
At closing bell, the 225-issue Nikkei Stock Average advanced 284.64 points, or 1.07%, to 27,001.98. The broader Topix index of all First Section issues on the Tokyo Stock Exchange gained 19.04 points, ... ( read original story ...)
Japan – Skadden Advises The Underwriters In JBIC’s US$500 Million Government-Guaranteed Green Bonds Offering.
Skadden advised J.P. Morgan, Crédit Agricole CIB, Daiwa Capital Markets Europe and Morgan Stanley as the underwriters in the US$500,000,000 offering of 1.625% government guaranteed bonds due January ... ( read original story ...)
Crypto risks ‘destabilising’ emerging markets, says senior IMF official
Sharp price swings in cryptocurrencies are causing “destabilising” capital flows in emerging markets, and the use of crypto in place of traditional currencies poses “immediate and acute risks”, ... ( read original story ...)
Crypto Exchange BitMEX Airdrops 1.5M BMEX Tokens to Users
Crypto exchange BitMEX airdropped 1.5 million BMEX, its first native tokens, to users as it looks to revive retail interest. The tokens were airdropped based on a user’s previous activity on the ... ( read original story ...)
Nikkei extends gains after Japan premier says he is not considering lockdowns
Japan's Nikkei share average extended its tech-driven rally in afternoon trade after the country's premier said he is not currently considering issuing a new state of emergency. Chipmakers, Sony and ... ( read original story ...)
China and Japan are Citi’s top picks for Asia markets
Asian markets are well placed compared to the U.S., and Japan and China are the top picks, according to an investment strategist from Citi Private Bank. ( read original story ...)
Japan’s factory output dips more than expected as risks emerge
While the ECB is expected to maintain the status quo, the BoE is likely to raise rates by 25bps to 0.5%. Markets will also keep an eye on US-Russia tensions around Ukraine. The risk sentiment that had ... ( read original story ...)
Buyback Regulation Concerns Are Overblown, Tokyo Stock Exchange Chief Says
Japanese Prime Minister Fumio Kishida sent a chill through local markets late last year with talk of introducing restrictions on share buybacks, but the head of the Tokyo Stock Exchange says investors ... ( read original story ...)
Nikkei reverses course as tech stocks track Wall Street’s gains
Japan's Nikkei index reversed course to trade higher on Monday, with technology heavyweights leading the gains, as risk sentiment was lifted by Wall Street's strong finish. ( read original story ...)
GBP/JPY bulls are on the move early doors, eyes on central bank divergences
GBP/JPY bulls tinkering with bearish commitments below 155 the figure. BoE and BoJ views on currency value is a theme. GBP/JPY has been making gains at the open this week with the yen on the backfoot. ( read original story ...)
Crypto Can (Still) Learn Much From The Failure Of Diem
If the shuttering of Diem passed some crypto investors and market watchers without much notice, that should not come as a surprise. This inauspicious and muted end for the project was caused by ... ( read original story ...)
Victim of a $80M Crypto Theft, DeFi Platform Qubit, Begs Hackers for its Money Back
Marketplace OpenSea, the eBay of the crypto space, announced this week that it will reimburse users $1.8 million after a bug recently allowed hackers to buy NFTs on the OpenSea pl ... ( read original story ...)