Tag: finance

TOKYO: Japan’s Nikkei share average reversed early losses to end higher on Friday, as investors bought back beaten-down stocks with the yen weakening against the dollar. The Nikkei rose 0.59% to close ...

Japan reported on Friday its worst real-wage decline in more than eight years, with November data highlighting the elusiveness of the central bank's objective of reinforcing inflation and the economy ...

The crypto industry's woes continued on Thursday as plunging deposits, layoffs and a lawsuit added to the tumult of 2022, which was dominated by sinking prices and high-profile bankruptcies. The ...

There's an old Warren Buffett quote that's become something of a cliché: "You only find out who is swimming naked when the tide goes out." ...

For the crypto industry the year 2023 continues right along from the year 2022.  It's in step with the devastation caused by the fall of former crypto king Sam Bankman-Fried's empire.  This empire ...

Barry Silbert's Genesis Trading reduced headcount by 30%, or 60 jobs, as the crypto lender fends off a potential bankruptcy filing after the collapse of FTX.

To get a roundup of TechCrunch’s biggest and most important crytpo stories delivered to your inbox every Thursday at 12 p.m. PDT, subscribe here. Welcome back to Chain Reaction and Happy New Year! As ...

Silvergate Capital made one of the U.S. banking world’s biggest bets on crypto. Now it’s reeling from a run on deposits and a massive loss, intensifying fears the collapse of FTX may seep elsewhere into the financial system.

One aspect common to all these crypto scandals is that the big names and players in the sector get spattered by the mess. No one is immune.  It all started last May when sister cryptocurrencies Luna and UST,

After the collapse of major cryptocurrency exchange FTX, the industry has felt a ripple effect due to the exposure of many companies to FTX and its affiliated trading firm Alameda Research. FTX founder Sam Bankman-Fried on Jan.

But over the last few months, Lynell had become enmeshed in local politics after a cryptocurrency mine set up shop in their town of Murphy, North Carolina, in September 2021. “Mine” is a misnomer, as these facilities are clusters of computing units,

Bank of France Governor Francois Villeroy de Galhau urged tougher regulatory requirements for crypto firms, in what could be a setback for an industry seeking to secure a stronger foothold in Europe.

Earlyworks has filed for U.S. IPO. It is developing blockchain and distributed ledger technologies for various applications. Read more on ELWS IPO here.

Silvergate Capital Corp (NYSE: SI) shares are plunging Thursday morning after the company announced select preliminary fourth-quarter financial metrics and provided a business update, which includes ...

Immunefi’s Crypto Losses 2022 report found over $3.9 billion was 'lost' last year down 51.2% from 2021, when over $8 billion was stolen.

To wrap your head around last year’s wave of crypto exchange failures, it’s useful to reflect on the history of banking crises and bank runs. The history shows both how this FTX calamity happened and ...