At its initial public offering in September 2014, Alibaba Group Holdings Ltd. (NYSE: BABA) was valued at $167.7 billion. The company raised $21.7 billion in the IPO, a record at the time. Only Saudi ...
Japan to exit COVID-era bank guidelines for borrower aid
Under revised guidelines due out next spring from the Financial Services Agency, borrowers are to be steered toward decisive restructuring rather than letting debt problems worsen by deferring ...
Crypto, paying off student debt, and a pony: How ‘Jeopardy!’ contestants spent their prize money
"Jeopardy!" winners told Business Insider how they spent their prize money, from holidays and cryptocurrency, to Kiss costumes and a rare pony.
NFT Regulations in Japan: Layered and Intricate Landscape for Users, Creators and Lawmakers
Japan, a nation celebrated for its technological prowess and progressive stance on digital advancements, has enthusiastically embraced the NFT revolution. The country witnessed a surge in NFT-related ...
Follow the S-Curve: How Crypto Will Explode Between Now and 2030
The exponential rise of groundbreaking technologies will drive the growth of digital assets just as it did adoption of the internet.
What’s next for Binance after its CEO stepped down and pleaded guilty: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.
Netflix Director Spent Millions of the Streamer’s Money on Crypto and Rolls-Royces in $55 Million Sci-Fi Writeoff
Carl Erik Rinsch's ambitious sci-fi series "Conquest" was cut off following alleged misuse of funds, erratic behavior and unfulfilled promises The post Netflix Director Spent Millions of the Streamer’s Money on Crypto and Rolls-Royces in $55 Million Sci-Fi Writeoff appeared first on TheWrap.
Binance to pay $4.3 billion in fines for money laundering violations
Binance is set to pay an unprecedented $4.3 billion in fines and restitution after pleading guilty to money laundering violations, federal authorities announced. Settlement details: The settlement involves agreements with the Justice Department,
Crypto laid bare: What U.S. federal charges against Binance’s CEO expose about the industry’s deceit
The crypto industry’s dreams of being viewed as a safe and sophisticated alternative to centralized banking have been shattered
Japan’s Factory Activity Drops to Nine-Month Low Adding to Recession Fears
Activity in Japan’s factory sector has deteriorated to the worst level since February, adding to fears of a technical recession as the last quarter of the year heads toward an end.
Money ‘Flooding’ In—Crypto Now Braced For A Huge Multi-Trillion Wall Street Earthquake Amid Bitcoin, Ethereum, XRP And Crypto Price Boom
The former president of the New York Stock Exchange has predicted money will "flood" into the market when a long-awaited bitcoin spot exchange-traded fund (ETF) is eventually
CZ Is Out, as Binance Becomes the Latest Crypto Company to Get Crushed by the Feds
Binance founder and CEO Changpeng 'CZ' Zhao pleads guilty to federal charges, as does his company. He's out, and the company will pay a huge fine.
Netflix handed a director millions to make a sci-fi series, but he squandered it on stocks, crypto, and flashy cars: NYT
Carl Erik Rinsch spent the millions Netflix gave him for his sci-fi series on bets in the stock and cryptocurrency markets, per The New York Times.
3 Investment Banks to Watch Despite Industry-Wide Challenges
3 Key Themes to Keep an Eye on in the Investment Bank Industry Weakness in Underwriting and Advisory Business: After a blockbuster performance in 2021, IPO, underwriting and ... Frankfurt, Tokyo, Hong ...
Why Stamping Out Crypto Bros Could Help Bitcoin
Binance’s landmark settlement with U.S. officials may clear the way for better exchange-traded funds based on the largest digital currency.
College Dropouts Who Weathered Crypto’s Crash See Promise Ahead
When Carson Case, a computer science major, dropped out of the University of Nevada, Reno to pursue a crypto career in 2020, he didn’t have much of a plan. The then-sophomore just knew he didn’t want ...