Amid a backdrop of significant currency fluctuations and anticipations of monetary policy shifts, Japan's stock markets have shown resilience, with notable gains in major indices. This environment ...
Sony Group Rebrands Amber Japan To S.BLOX – Future Gaming Crypto Exchange in Japan?
Sony Group’s foray into crypto continues with a rebrand of Amber Japan to S.BLOX after acquiring the crypto trading firm in 2023.
Sony to Restart Japanese Crypto Exchange Whalefin Purchased From Amber Group in 2023
On Monday, Whalefin put out a notice that parent company Amber Japan was rebranding to S.BLOX. The notice added that the company was bought by Quetta Web, a unit of Sony, in August 2023. The financial ...
Crypto Hacks Cost $176 Million in June, a 54% Drop from May
June 2024 saw several crypto hacks, which resulted in a net loss of nearly $176M. This loss represents a 54.2% decrease from May's total.
Coinbase lands $32.5 million U.S. government crypto contract
America's largest registered crypto exchange, Coinbase, has inked a $32.5 million deal with the Justice Department's U.S. Marshals Service to provide custody and trading of its digital assets.
Crypto Whales & Institutions Shift Focus on Chainlink’s LINK
Crypto whales and institutions shift their attention to Chainlink (LINK), accumulating 2.08 million $LINK in 7 days. Potential surge in price
USDC Becomes Compliant as MiCA Regulations Change Crypto: Expert Analysis
Circle became the first stablecoin issuer to become compliant with the EU’s MiCA regulations. The incoming regulatory wave looks to change the crypto industry forever.
Crypto industry cheers as Supreme Court nixes Chevron
Chevron's overturning has been hailed as a "game changer" by crypto advocates seeking to limit the SEC's reach.
Japan will remain vigilant to forex moves, Finance Minister Suzuki says
Japanese authorities will continue to watch currency market moves with vigilance, Finance Minister Shunichi Suzuki said on Tuesday.Suzuki made the comment in a regular post-cabinet meeting news ...
Yen hits 38-year low, Nikkei surges as Trump risk buoys US yields
The U.S. dollar hit a near 38-year high to the yen on Tuesday following a surge in Treasury yields as investors contemplated prospects of a second Donald Trump presidency.
Crypto Investment Products See Third Straight Week of Outflows
Digital asset investment products saw outflows for a third consecutive week, though withdraws slowed in what may be a possible shift in investor sentiment.
What the new IRS guidance on crypto tax reporting means for investors
The U.S. Department of the Treasury and IRS on Friday released final tax reporting rules for digital asset brokers. Here's what crypto investors need to know.
Crypto markets on edge as Germany and U.S. governments move more than $100 million
On Monday, the German government transferred approximately $95 million, or 1,500 bitcoin, to several crypto exchanges. Similarly, the U.S. government transferred $11.75 million, or 3,375 ether, to an ...
Japan’s Nikkei average hits 40,000 mark for 1st time in nearly 3 months
TOKYO -- Japan's benchmark Nikkei Stock Average topped 40,000 points in Tokyo trading hours on Tuesday for the first time since April 4, boosted by semiconductor-related shares and a rebound in the ...
Japan’s Economy Now Seen Shrinking in 2024 by Two Forecasters
Two economists flipped their forecasts for Japan’s economy to show a contraction in 2024 a day after first-quarter gross domestic product data were revised sharply lower, highlighting the Bank of ...
The Bank of Japan’s $3 trillion problem
As interest rates rise and the deposits it holds become far more expensive, the central bank could end up becoming unprofitable.