Accounting issues that brought down major crypto firms like FTX and Celsius, exist in firms weathering the crypto contagion such as Marathon and Riot Blockchain.
U.S. court weighs novel issue of crypto ownership in bankruptcy
A U.S. judge this week is considering for the first time the question of who owns bitcoin and other tokens in frozen accounts at a bankrupt digital asset exchange in a case that could shape customer ...
EMax crypto investors’ lawsuit against Kim Kardashian, Floyd Mayweather Jr., other celebrities dismissed
The decision comes as other celebrity promoters face lawsuits from users of the failed cryptocurrency exchange FTX, whose collapse has deepened an ongoing “crypto winter.” ...
Celsius bankruptcy judge orders return of some crypto assets to customers
A U.S. bankruptcy judge on Wednesday ruled that some customers of crypto lender Celsius Network should receive their deposits back, giving relief to a relatively small group of customers whose ...
Japan Overall Bank Lending Rises 2.7% On Year In November
Overall bank lending in Japan was up 2.7 percent on year in November, the Bank of Japan said on Wednesday - coming in at 592.470 ...
A Weak Yen Is Dragging Japan Down
Despite strengthening relative to the U.S. dollar in recent weeks, the currency’s real value is at a 50-year low.
Asia-Pacific markets set to fall as investors weigh economic risks
Asia-Pacific shares are set to trade lower on Thursday with negative sentiment continuing as markets weigh recession fears.
Japan sees 1st current account deficit in 9 months in October
Japan posted a current account deficit of 64.1 billion yen ($470 million) in October, its first red ink in nine months, the Finance Ministry said Thursday. Among key components, the country had a ...
Japan Has Y64.1 Billion Current Account Deficit In October
Japan posted a current account deficit of 64.1 billion yen in October, the Ministry of Finance said on Thursday. That was well shy ...
Federal judge dismisses crypto scam lawsuit against Kim Kardashian, Floyd Mayweather Jr.
The dismissal comes after Kim Kardashian paid over $1 million in October to settle with the SEC over her promotion of EthereumMax.
Celsius Judge Orders Return of User Crypto Worth $50 Million
US Bankruptcy Judge Martin Glenn ordered Celsius Network LLC to return cryptocurrency that never touched the lender’s interest-bearing accounts to its customers.
IPO Update: SYLA Technologies Readies Plan For $15 Million IPO
SYLA Technologies has filed proposed terms for a $15 million U.S. IPO. The firm operates online platforms enabling investment in Japanese real estate properties. I've grown leery of low-float, sub-$10 ...
Tokyo Researchers Discover New Mechanism To Stabilize Lithium Batteries
Tokyo researchers have discovered a new mechanism to stabilize lithium metal electrodes and electrolytes in lithium batteries ...
Why Decentralized Crypto Platforms Are Weathering the Crash
In the past year, crypto markets dropped from $2.9 trillion in value to around $800 billion. In the wake of the collapse, crypto lenders and exchanges have been accused of fraud and other wrongdoing.
Crypto winners and losers from the FTX fallout, according to Bernstein
Bernstein has sifted through the various sectors of the crypto industry and identified winners and losers for 2022.
Crypto Mining Ban Makes New York Potential Model For Other States
New York’s two-year ban on new proof-of-work cryptocurrency mining is likely to have only a small direct effect on the power-hungry industry–which is shrinking anyway–but the Empire State’s influence ...