Vlad Matveev saw nearly 99% of his investment wiped out after the market meltdown forced Cryptolab Capital to shut its doors. ( read original story ...)
Do Crypto Stablecoins Threaten Financial Stability?
Fiat-backed stablecoins often find themselves in an impossible position because the lack of bank cooperation means that they cannot have the transparency that regulators and investors rightly demand. ( read original story ...)
SoftBank to sell 5% stake in Japanese mobile arm
SoftBank floated the mobile arm, Japan's third-largest telecoms carrier, in late 2018 in a blockbuster IPO that raised about $20 billion. It recently pledged another chunk of the mobile unit's ... ( read original story ...)
Japanese shares snap winning streak; Mothers index at 1-yr high
Japan's Nikkei share average snapped a four-day winning streak on Thursday, as investors were reluctant to chase markets after the benchmark hit a 2-1/2-month high, raising concerns that stocks were ... ( read original story ...)
Mapbox and SoftBank form joint venture to provide mapping tech to Japanese developers
SoftBank Corp. and Mapbox, the mapping data company that competes with Google and Here, announced that they have established a joint venture called Mapbox Japan. The JV will provide Mapbox’s mapping ... ( read original story ...)
Japanese shares run out of steam after touching 2-1/2-month high
Japan's Nikkei share average was little changed by midday on Thursday after profit-taking pulled shares down from the 2-1/2-month high hit earlier in the session. ( read original story ...)
Crypto hedge funds struggle to rebound from ‘bloodbath’
Vlad Matveev has learnt the hard way how volatile cryptocurrency hedge funds can be. The 50-year-old Muscovite invested $250,000 last year with California-based Cryptolab Capital, which targeted ... ( read original story ...)
Asian markets little changed as Japan reports plunge in exports
Asian markets were little changed in early trading Thursday, after Wall Street bounced back and Japan reported miserable exports data. ( read original story ...)
Japan exports fall most since 2009 as pandemic wipes out global demand
Japan's exports fell the most since the 2009 global financial crisis in April as the coronavirus pandemic slammed world demand for cars, industrial materials and other goods, likely pushing the ... ( read original story ...)
Japan April Exports Fall 21.9% Year-On-Year: MOF
Japan's exports fell 21.9% in April from a year earlier, Ministry of Finance (MOF) data showed on Thursday, in a sign the coronavirus pandemic is taking a heavy toll on the country's export-reliant ... ( read original story ...)
Recession-hit Japan’s exports, imports fall due to pandemic
Recession-hit Japan's exports plunged nearly 22% in April, the country's worst drop in more than a decade as the coronavirus pandemic slammed global demand. The Finance Ministry also said Thursday ... ( read original story ...)
Crypto Startup School: How to scale companies using crypto
In week two of a16z’s Crypto Startup School, three company-builders provide real-world advice on using the qualities of crypto to create new business models and networks. ( read original story ...)
Crypto Faithful Flip Out on Speculation Satoshi Sold Bitcoin
Crypto Twitter was ablaze Wednesday after the sale of some Bitcoin was reportedly linked to the account of the token’s mystery founder. ( read original story ...)
Crypto Faithful Freak Out Amid Speculation Satoshi Sold Bitcoin
Crypto Twitter was ablaze Wednesday after the sale of some Bitcoin was reportedly linked to the account of the token’s mystery founder. ( read original story ...)
Crypto Conversation: For Numerai, Trust Is More Than a Token Gesture
What's hot in crypto this week? It's the Numeraire token, NMR. Numerai launched in 2015 as a hedge fund that uses crowd-sourced data science techniques to fuel its investment stra ... ( read original story ...)
Crypto Currency Exchange Seeks Expansion in Africa
Naspers Ltd.-backed cryptocurrency platform Luno is in talks about expanding in Kenya and Ghana to extend its African footprint, as Bitcoin rallies 99% over the past two months amid the coronavirus ... ( read original story ...)