Softbank-owned Fortress Investment Group has offered around 200 billion yen ($1.48 billion) to buy Japanese department store unit Sogo & Seibu from parent Seven & i Holdings, Nikkei reported on Sunday ... ( read original story ...)
New private financial exchange opens in Japan, first in 12 years
The Osaka Digital Exchange or ODX offers trading of stocks and exchange-traded funds from 8:20 a.m. to 4 p.m. on weekdays, longer than the TSE's trading hours o 9 a.m. to 3 p.m., with a plan to ... ( read original story ...)
Meta shuts down Novi, the last remaining sliver of its crypto efforts
One of the biggest tech companies in the world is apparently feeling the effects of the crypto crash, too.Novi, a digital wallet for cryptocurrency that Meta debuted in 2021, is on its last legs. Per ... ( read original story ...)
Celebrities Erase Their Crypto Ties As Crypto Mania Turns Into Crisis
Celebrity endorsements have a long history, but some famous people may be regretting their decisions to push crypto companies. Some say it started with Lillie Langtree. The British actress and ... ( read original story ...)
Crypto-sceptic Molly White could be the new JK Galbraith… just much tougher
This remarkable young woman is the sharpest critic of crypto on the web - and predictably, the trolls are after her ... ( read original story ...)
Crypto hedge fund Three Arrows files for U.S. bankruptcy
Crypto hedge fund Three Arrows Capital has filed for bankruptcy under Chapter 15 of the U.S. Bankruptcy Code, according to a court filing in the ... ( read original story ...)
How the BOJ Created “Noninflationary” Money While Ruining the Japanese Economy
Milton Friedman (1963) argued that "inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in ... ( read original story ...)
Crypto Crash Rattles Cybercriminals, Pushing Them Beyond Ransomware
Crypto prices continue to plunge, but cybercriminals still need the currencies for ransomware attacks. Some experts say the price drops might be pushing cybercriminals away from ransomware and toward ... ( read original story ...)
Coinbase Document Reveals Bitcoin, Ethereum And Tether Bombshell Amid Fresh Crypto Price Crash
Documents have revealed major crypto exchange Coinbase could be selling user data to the U.S. Immigrations and Customs Enforcement (ICE) ... ( read original story ...)
She helped get Trump elected. Now she’s raising crypto for Ukraine.
Brittany Kaiser, the provocative Cambridge Analytica veteran, has quietly evolved as crucial to fundraising for the government of Volodymyr Zelensky. ( read original story ...)
Coinbase, Blockchain.com and Kraken are still hiring for hundreds of roles despite mass crypto layoffs
Blockchain.com is recruiting in the US, UK and Latin America amid mass market layoffs such as Coinbase's decision to cut nearly a fifth of its staff. ( read original story ...)
Crypto’s Domino Effect Is Widening, Threatening More Pain
Losses in the digital-assets industry are blowing holes in balance sheets and pushing firms to near bankruptcy. ( read original story ...)
Japan Inc. disagrees with BOJ’s view cost-push inflation will be temporary
TOKYO (Reuters) - Japanese companies expect inflation to stay around the central bank’s 2% target for years to come, a survey showed on Friday, disagreeing with Bank of Japan Governor Haruhiko ... ( read original story ...)
Crypto hedge fund Three Arrows files for bankruptcy
We’ll send you a myFT Daily Digest email rounding up the latest Three Arrows Capital news every morning. Three Arrows Capital has filed for Chapter 15 bankruptcy in New York, days after the ... ( read original story ...)
Crypto mega hedge fund Three Arrows Capital reportedly files for bankruptcy in New York
Three Arrows Capital managed an estimated $10 billion in assets and was a linchpin among crypto finance players. ( read original story ...)
Japan leads losses in Asia markets; private survey shows China’s factory activity expanded
Asia-Pacific markets reversed gains and fell on the first day of the new quarter as investors digested factory activity data from a private survey in China. ( read original story ...)