The crypto derivatives platform Paradigm today announced that it was slashing employees' salaries amid the dismal crypto market.
A top FTX exec blew the whistle on Sam Bankman-Fried’s moves just 2 days before the crypto exchange’s collapse
FTX Bahamas co-CEO Ryan Salame told local authorities that customer funds were being used to cover losses at Sam Bankman-Fried's trading arm Alameda, a filing shows.
Hawkish Fed Chair Comments Undercut Tokyo Equity Markets
The Nikkei 225 opened lower Thursday and could not recover, finishing off 0.4% after Wednesday comments by US Federal Reserve Chairman Jerome Powell were interpreted as hawkish, or leaning toward a ...
Seth Meyers Busts GOP’s Crypto Conspiracy Theory In The Silliest Way Possible
Seth Meyers sees a major hole in Republicans ’ latest conspiracy theory. Sam Bankman-Fried, the disgraced founder of the defunct cryptocurrency exchange FTX, was arrested in the Bahamas on Monday ...
Japan Moves Closer to Easing Tax on Corporate Crypto Holdings
Japan’s ruling political party agreed to ease corporate tax rules for virtual currencies, signaling support for an industry reeling from the meltdown of Sam Bankman-Fried’s crypto empire.
Amid crypto turmoil, Hong Kong debuts first crypto futures ETFs
Two exchange traded funds (ETF) that track U.S.-listed cryptocurrency futures have raised a combined $73.6 million ahead of their debut on the Hong Kong stock exchange on Friday in defiance of the ...
Roundup: Japan’s Nikkei ends lower on concerns over prolonged U.S. rate hikes
Japan's benchmark Nikkei stock index closed lower on Thursday, following losses on Wall Street overnight after the U.S. Federal Reserve signaled that its interest rate hikes will continue for a ...
Japan stocks lower at close of trade; Nikkei 225 down 0.37%
Japan stocks were lower after the close on Thursday, as losses in the Transport, Warehousing and Railway & Bus sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 0.37%. The best ...
Japan Nikkei falls on hawkish Fed
At closing bell, the 225-issue Nikkei Stock Average index was down by 104.51 points, or 0.37%, to 28,051.70. The broader Topix index of all First Section issues on the Tokyo Stock Exchange declined by ...
Japan ruling party lawmaker calls for regulatory clarity after FTX debacle
A Japanese lawmaker called for more transparent regulations following the FTX meltdown, where investors were not warned of the risks with FTX Token.
Crypto Lender Amber Scraps Bonuses, Cuts Jobs as FTX Collapse Turmoil Continues
Amber Group, one of Asia’s biggest trading and lending platforms for digital currencies, has canceled this year’s staff bonuses as the one-time industry darling grapples with the crypto downturn.
Japan trade deficit soars on weak yen, high oil prices
Japan has reported its trade deficit surged to over 2 trillion yen ($15 billion) in November as higher costs for oil and a weak yen combined to push imports higher ...
Sumitomo Mitsui Taps Akihiro Fukutome to Head Core Banking Unit
Sumitomo Mitsui Banking Corp. named Senior Managing Executive Officer Akihiro Fukutome as its next president, as the Japanese lender seeks to attract a younger generation of customers and build up ...
Bank of Japan Said to Be Looking at Policy Review
Bank of Japan officials are said to be looking at a policy review next year, however, it is unlikely to happen before Governor Haruhiko Kuroda steps down in April. Paul Jackson reports on Bloomberg ...
Hotel New Otani Tokyo and Osaka Offer First-ever BT21-themed Rooms in Celebration of 5th Project Anniversary
New Otani Co., Ltd. has announced that it will exclusively offer at its properties, Hotel New Otani Tokyo and Osaka, a limited number of themed rooms in celebration of the 5th anniversary of BT21, the ...
Senate crypto hearing yields big claims, possible regulation
Actor Ben McKenzie testifies during a Senate Banking Committee hearing on cryptocurrency and the collapse of the FTX crypto exchange and its founder Sam Bankman-Fried, at