Japan's current account surplus shrank 63.1 percent in the first half of 2022 from a year earlier to 3.51 trillion yen ($25.9 billion), the lowest in eight years due to a major goods trade deficit ...
Crypto Hack Update: Nomad and Solana
Nomad, a crypto startup that operates as a bridge, lost roughly $190 million to hackers. It's recouped around $20 million of those funds and is now offering a 10% bounty for the return of funds. The ...
Bitcoin ‘Maximalist’ Saylor Makes Crypto His Only Job
Saylor has turned the analytics business he founded into a leveraged bet on bitcoin, with a stash worth about $1.9 billion and total debt of $2.7 billion.
How crypto scams work – and why enterprises need to take note
A new report by Sift shows how pervasive crypto scams are, revealing that 43% of those engaged in the crypto market have encountered scams.
US Treasury bans Tornado Cash mixer for role in crypto money laundering
The US Department of the Treasury has added the Tornado Cash crypto mixer to a list of sanctioned organizations, barring all US citizens from interacting with it and requiring that US assets belonging ...
Bankrupt crypto lender Celsius drops plan to rehire former executive at $93,000 a month
Investors had panned the proposal while pleading for release of frozen funds: "I'm begging you," wrote one 72-year-old woman.
SoftBank falls on hard times
Masayoshi Son’s empire takes a massive hitA “market correction of historic proportions”– and then someWhen in doubt, sell some Alibaba sharesWinter is coming ...
Bitmain co-founder welcomes crypto regulation to restore market confidence
The collapse of Three Arrow Capital and the counterparties wrapped in the crypto hedge fund’s troubles have drawn questions about the soundness of the heady digital asset investment space. For the ...
Crypto and the US Government Are Headed for a Decisive Showdown
A crop of lawsuits could finally settle the question of whether most digital assets are illegal securities offerings.
People Flock to South Korean Crypto Event Despite Market Turmoil
Falling prices and upheaval in the industry does not appear to have curbed Koreans’ appetite for crypto, blockchain and all things web3.
Asian Crypto Lender Hodlnaut Halts Withdrawals
Hodlnaut, a cryptocurrency lender operating in Asia, said it has halted withdrawals making it the latest company in the digital-assets sector affected by a series of defaults.
Crypto users in a fix as WazirX, Binance brawl over ownership
Worries surged as Binance had disabled off-chain transfers (transactions occurring on a crypto network that move the value outside of the blockchain) to WazirX. However, according to recent media ...
Japan’s current account shrinks 63.1 pct in H1
Japan posted a current account surplus of 3.51 trillion yen (25.96 billion U.S. dollars) in the first half of 2022 from a year earlier, down 63.1 percent, as rising prices for oil and a weak yen ...
Crypto business leaving Japan due to high tax: Entrepreneur
Crypto lobbying groups in Japan are asking the government to ease corporate tax rules that are seen to be stunting the local digital asset industry’s growth.
Crypto Market Turmoil Highlights Personal Risks for Compliance Chiefs
Compliance chiefs at crypto firms contending with a price crash, hacks and bankruptcies now face the prospect of increased personal liability for issues at their firms.
SoftBank-backed OfBusiness defers IPO plans by 3 months on weak market cues
CEO Asish Mohapatra also said the last round that OfBusiness raised in December 2021 was the company’s last private market fundraise ...