The banking turmoil of the last week is the latest setback for a crypto industry that saw much of its value wiped out after the collapse of one of the largest crypto exchanges, FTX.
US banks shun crypto firms as regulatory pressures mount
People with direct knowledge of the matter say banks that were previously open to working with crypto clients, including JPMorgan and Bank of America, are now turning away.
Collateral damage: Crypto market shaken by collapse of banks
The banking turmoil of the last week is the latest setback for a crypto industry that saw much of its value wiped out after the collapse of one of the largest crypto exchanges, FTX.
Once scammed for ten grand, this VC is building a crypto security vault
One of the barriers to bringing cryptocurrency into the mainstream is the frequency of fraud in the space. Last year alone, over $3.9 billion worth of crypto was “lost”, according to an industry ...
Cybercriminals’ crypto platform ChipMixer seized in international operation
BRUSSELS (Reuters) -International authorities have cracked down on the cryptocurrency platform ChipMixer, alleging it helped obscure the digital money trail for online drug dealers, Russian military ...
Police shut down dark web crypto laundering service linked to FTX hack
An international coalition of law enforcement agencies announced on Wednesday that it had taken down the popular dark web crypto laundering service ChipMixer, seizing more than $46 million in crypto ...
Japan shares higher at close of trade; Nikkei 225 up 0.03%
Investing.com – Japan equities were higher at the close on Wednesday, as gains in the Retail, Transportation Equipment and Mining sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 ...
Japan’s Nikkei ends fractionally higher as banking stocks recover, contagion fears remain
Japan's benchmark Nikkei stock index ended fractionally higher Wednesday as banking stocks bounced back after a two-day selloff on concerns over the health of the U.S. banking sector and concerns ...
Online crypto scammers stole more than $10 billion in 2022
Internet scammers are raking in more cash than ever before...and cryptocurrencies provided them with a major assist.According to the FBI's recently released annual internet crime report, $10.6 billion ...
UAE, Japan explore fresh avenues of economic, trade cooperation
“Japan, being one of Abu Dhabi’s pre-eminent trade and investment ... seeking new or dual listings on the Abu Dhabi Securities Exchange, the Abu Dhabi IPO Fund, which is a Dhs5 billion fund, empowers ...
Blockchain Company in Japan Forces New Employees to Learn ChatGPT
LayerX, a blockchain company in Japan that once built a voting system using the new technology, is now requiring new employees to learn the artificial intelligence tool ChatGPT if they want to keep ...
In Ukraine, Crypto Finds a Purpose
The UN’s refugee agency has partnered with blockchain and money transfer companies to get vital aid to people displaced by conflict.
SVB Financial Collapse Triggers Experts Fear Of Softbank Buyback, Alibaba Mark Down, Arm IPO Valuation Cut
an analyst at CLSA Securities Japan Co, wrote in his Tuesday note. According to Bloomberg Intelligence, the latest tech valuation rethink could wind up lowering the amount the company can raise in the ...
Exclusive: Britain and Japan to pay for most of fighter project agreed with Italy-sources
Britain and Japan are set to dominate a three-nation project with Italy to build an advanced jet fighter, with Rome set to pay around only a fifth of the overall development cost, two sources said.
Osaka Gas to secure more LNG than usual in FY23/24 amid tight global supply
Osaka Gas declined to comment on whether it would extend the contract. Read also Italian court delays decision on Tuscan LNG terminal to July US natgas futures fall 4% to 2-week low on less cold ...
SVB Crisis Unlikely to Spread to Japan, Regional Banker Says
Concerns about Silicon Valley Bank’s failure are “extremely unlikely” to spread to Japan, according to the nation’s top regional banker.Most Read from Bloomberg‘Old-School’ Signature Bank Collapsed ...