Officials from Japan’s Ministry of Finance, the Bank of Japan and Financial Services Agency are meeting to discuss international financial markets in their first three-way meeting since late May, ...
Crypto Hit by $63 Million Hack of ‘Munchables’ Game in One of Year’s Biggest Exploits
The crypto sector suffered one of its biggest security incidents this year after a hacker swiped $63 million from a blockchain-based game.
Reddit’s IPO is set to make the ‘front page of the internet’ public
The IPO is set to be one of the largest listings in recent memory in a test of investor appetite. There's a lot of uncertainty in the run-up to the day. Related stories Despite being created at a ...
Japan’s finance minister issues strongest warning on yen weakness
Japan's finance minister issued his strongest warning to date about the weakness of the yen as the currency fell to a 34-year low against the dollar, saying authorities could take "decisive steps", ...
Projecting price impacts as world’s largest pension fund mulls bitcoin
A crypto executive described the potential market impacts as Japan's government pension fund explores bitcoin investment.
Japan stocks rally, yen falls to lowest since 1990: markets wrap
Japanese stocks advanced amid a weak yen even as the rest of Asia struggled for momentum following a late selloff on Wall Street. Dollar strengthened against most major peers.
Bank of Japan may be less dovish than markets think
The Bank of Japan has ditched its dovish forward guidance in favour of a more "data-dependent" approach to policy deliberations after ending negative rates, sources say, keeping the door open for ...
Japan Finance Minister Suzuki: To take decisive steps vs excessive yen moves
Japanese Finance Minister Shunichi Suzuki said on Wednesday he would not rule out any options but will take "decisive steps" against excessive currency moves, using the strongest expression in warning ...
Crypto Miner Bitdeer in Talks With Private Credit for Capital
Crypto miner Bitdeer Technologies Group is in talks with private credit firms to arrange about $100 million in financing, according to people with knowledge of the matter.
Reddit shares skyrocket 48% above IPO price, valuing company at $9.5B
While Reddit still relies on advertising for the vast majority of its revenue, it touted AI in its IPO marketing roadshow as an area of growth. It also disclosed last week that the Federal Trade ...
Crypto group Copper served sushi off partially clad models
The cryptocurrency firm chaired by former UK chancellor Lord Philip Hammond hosted a party where guests were served sushi off two scantily clad models, raising new questions about the culture of the ...
Investors betting against crypto stocks have lost almost $2 billion this year as bitcoin breaks records
Total short interest in crypto-related stocks like Coinbase and MicroStrategy have surged, but those investors have lost big so far in 2024.
Crypto Venture Capital Backers Are Dubious About Bull-Market Hype
Judging by a record Bitcoin rally that fueled a $1 trillion jump in the digital-asset market this year, crypto fever is back. But look beneath the surface to trends in venture capital and a far more ...
The U.S. is simplifying how to report crypto on your taxes in 2025. But what about this year?
The Internal Revenue Service since 2014 has viewed crypto as property, so profits made from selling tokens are subject to capital gains tax. And if you are paid in crypto—such as staked rewards, or if ...
What buying Bitcoin in Hong Kong shopssays about the future of crypto
G ood morning from Hong Kong, where I will be talking to some of Asia's leading finance and crypto executives at the Fortune Innovation Forum. I've long been curious about this fa ...
FTX Crypto Creditors Fight Claim That ‘Sam Coins’ Are Worthless
A small group of FTX Trading customers are demanding hundreds of millions of dollars from the bankrupt crypto firm, claiming that three digital tokens known as “Sam Coins” deserve a payout even though ...