Cheng Wei, the co-founder of Chinese ride-hailing giant Didi, is poised to shoot up the ranks of the super-wealthy when his firm lists shares in the U.S. The company filed last week for an initial ... ( read original story ...)
Is SoftBank right to back the buy now, pay later app ahead of Klarna’s IPO?
Klarna’s valuation has doubled in the last three months, and rumours continue to grow regarding the firm’s IPO potentially taking place in London. ( read original story ...)
Sushi group YO! to change name as US arm’s growth paves way for IPO
The company will change its name to The Snowfox Group, reflecting its dominant US business, Sky News understands. ( read original story ...)
Japan Nikkei rises 0.7%
At closing bell, the 225-issue Nikkei Stock Average advanced 213.07 points, or 0.74%, to 29,161.80. The broader Topix index of all First Section issues on the Tokyo Stock Exchange inclined 5.73 points ... ( read original story ...)
Dark Tech: Latest Ransom Scandals Highlight Crypto’s Role As Money Laundering Play
Wealthy Russians, Chinese and Saudis are no longer buying up real estate; they’re hiding money in crypto wallets, and pumping billions into tech startups. ( read original story ...)
Crypto Currencies Not Good Medium for Payments, BOE Chief Says
Bank of England Governor Andrew Bailey warned against using cryptocurrencies for payments, taking another swipe at digital tokens. ( read original story ...)
7 key things that happened in crypto over the past week
Between El Salvador passing legislation to adopt bitcoin as legal tender, to a record CyberPunk NFT sale, here are five things worth knowing. ( read original story ...)
Bitcoin pops 12% to $40,000 after Tudor Jones endorsement, Musk’s about-face on accepting crypto
Elon Musk said Sunday that Tesla will resume bitcoin transactions once the firm confirms there is "reasonable" clean energy usage by miners. ( read original story ...)
Olympics-Australian Titmus lays down the gold standard for Tokyo
Australia's Ariarne Titmus confirmed she is one to watch at the Tokyo Olympics by smashing the Commonwealth record in the women’s 200m freestyle on Monday, a day after swimming the second fastest 400m ... ( read original story ...)
Tanzania Considers Crypto—And Boosts Bitcoin—As Nations Line Up Behind El Salvador To Embrace Decentralized Finance
Tanzania became the latest country to signal its support for digital assets this weekend as its president instructed financial authorities to prepare for widespread use of cryptocurrencies, elevating ... ( read original story ...)
Nvidia CEO Jensen Huang talks about the value of ethereum, advances in crypto mining and the global semiconductor shortage in a recent interview. Here are the 10 best quotes.
Huang also spoke about Nvidia's efforts to create an omniverse, launched a new crypto mining product and addressed the global chip shortage. ( read original story ...)
Shiba Inu Price Update As Petition for Robinhood to List the Crypto Hits 130,000 Names
Shiba Inu is up around 9.5 percent on the day, having been down around 20 percent over the past week. The meme token, which presents itself as a rival to Dogecoin and uses the same breed of dog as its ... ( read original story ...)
Riot Blockchain and Crypto Stocks Rise on Bitcoin Bounce
Riot Blockchain, Coinbase and other crypto-focused stocks trade higher as Tesla's Elon Musk hints the digital currency will be accepted when it's mined cleaner. ( read original story ...)
Thailand bans meme coins and NFTs as part of crypto crackdown
Thailand is the latest country to impose curbs on cryptocurrency trading. The southeast Asian nation's Securities and Exchange Commission (SEC) has implemented a ban on meme coins like Dogecoin. Last ... ( read original story ...)
Shyam Metalics and Energy IPO subscribed 1.23 times
Ahead of the IPO, the company finalized allocation of 88,21,764 ... Thailand, Indonesia, Taiwan and Japan, and is currently exploring newer geographies in North America, South America, Europe and ... ( read original story ...)
Tennis-French Open organisers defend Osaka handling, say ‘can do better’ on mental health
French Open organisers defended their handling of the Naomi Osaka situation on Sunday but accepted that the governing bodies need to do better on mental health issues following the Japanese player's ... ( read original story ...)