SBF's company paid Sullivan & Cromwell millions in fees and retainers before bankruptcy, so senators are concerned it can't properly investigate FTX.
FTX Has Wrecked the Crypto Party in Paradise
The digital currency exchange’s stupendous fallout has put local Web3 companies in the Bahamas on the back foot.
Bank of America downgrade Coinbase, says consensus estimates may be ‘way too high’ given the current crypto outlook
Wall Street is overestimating Coinbase's ability to weather a tough crypto environment, according to Bank of America.
Gemini Officially Terminates Crypto Earn Program Amid DCG, Genesis Spat
The Winklevoss twins’ Gemini has terminated its flagship Earn program, in the latest shot fired in its public spat with crypto lender Genesis. In an email sent to Gemini customers on Tuesday, seen by ...
Winklevoss twins’ accusations of lies and fraud at crypto giant DCG are a ‘desperate publicity stunt’, the Genesis owner says
DCG struck back at Cameron Winnklevoss in a Tuesday tweet, saying the twin cofounder of Gemini is trying to "deflect blame." ...
FTX’s Sam Bankman-Fried put $20 million into a big VC fund that then took a stake in the crypto exchange right back
FTX's Sam Bankman-Fried invested $20 million in a fund managed by Paradigm, a Web 3 investment company, that then backed the collapsed exchange.
Hong Kong set to shortlist crypto tokens for retail trading
Hong Kong securities watchdog will propose a subset of tokens it would allow for retail investors' trading, its chief executive said on Wednesday, as it presses on with a new regulatory regime that ...
Crypto exchange Coinbase to close most of Japan operations
US-based cryptocurrency exchange Coinbase Global Inc. is closing the bulk of its operations in Japan as part of a move to adjust international investment amid a slump in the digital-asset sector.
Thailand Probes Embattled Crypto Exchange Zipmex on Rule Breach
Thailand’s securities regulator is probing whether embattled crypto exchange Zipmex, which is in the midst of being taken over, breached local rules in its offer of certain digital-asset products.
Crypto Punk Mania: The Top 10 NFT Collections Of 2022
The onslaught of a bear market in 2022 was not enough to dampen the mood, or prices, of the collection that inspired the most popular NFT standard.
Asian markets mostly rise, as weak yen boosts Japan’s Nikkei
Asian shares were mostly higher Wednesday, boosted by a rally on Wall Street that came ahead of some potentially market-moving reports due later in the week.
Commentary: Wars, earthquakes, and typhoons — Tokyo’s resilient comebacks from setbacks offer lessons for Singapore
Tokyo is a popular tourist destination, attracting more than 15 million travellers in 2019 before the pandemic, and one of Singapore's favourite cities to visit.
Amid climate efforts, Japan considers issuing green transition bonds next fiscal year
Japan plans to issue ¥1.6 trillion of such bonds in the fiscal year that ends in March 2024, with an eye on those with maturity of 10 years and 20 years.
Crypto’s Hotel California Traps the Winklevoss Twins
Ordinarily, absent a white knight or magic bundle of outside cash, one might reasonably expect the cascade of defaults to trigger a bankruptcy procedure or meeting to hash out a settlement, which is ...
Bitcoin futures ETFs retain allure despite crypto winter
Investors piled money into bitcoin futures ETFs in 2022, even though the price of the cryptocurrency plunged 65 per cent. Investors ploughed $241mn into the six US bitcoin futures ETFs during the ...
Asia markets mostly rise, as weak yen boosts Japan’s Nikkei
Asian shares were mostly higher Wednesday, boosted by a rally on Wall Street that came ahead of some potentially market-moving reports due later in the week.