Prominent crypto hedge fund Three Arrows Capital has defaulted on a loan worth more than $670 million. Digital asset brokerage Voyager Digital issued a notice on Monday morning, stating that the fund ... ( read original story ...)
Crypto: Fear Returns with the Default of a Prominent Hedge Fund
These fears have just been confirmed with the default of payment by the powerful hedge fund Three Arrows (3AC). 3AC has defaulted on a loan worth more than $670 million, digital asset brokerage ... ( read original story ...)
Crypto Crash: Goldman Sachs Is on the Lookout
Crypto firm Celsius Network has suspended fund withdrawals since June 12 and questions about its future persist. ( read original story ...)
Missteps and failures in crypto are inevitable, Tether co-founder says
Reeve Collins, CEO of BlockV and a co-founder of Tether, explains the difference between "algorithmic" stablecoins and those that are backed by reserves and provides his outlook for crypto regulation. ( read original story ...)
Goldman Sachs is looking to raise $2 billion to buy Celsius assets at bargain prices if the crypto lender goes bankrupt: report
Goldman Sachs is approaching Web3 crypto funds and traditional financial institutions to gauge interest in the proposed deal, CoinDesk reported. ( read original story ...)
Have the Crypto Bosses Learned Anything At All?
So naturally the crypto exchange Coinbase used the opportunity to air an ad poking fun at crypto’s more enthusiastic doomsayers. A series of tweets declaring “Crypto is dead”—some new, others nearly a ... ( read original story ...)
Sell Coinbase as crypto activity plummets, Goldman Sachs says
Sell Coinbase as the drawdown in cryptocurrency prices continues to put pressure on the exchange platform, Goldman Sachs says. ( read original story ...)
Crypto’s High Ideals About Freedom Take a Beating
The industry was outspoken about non-interference when the Canadian government froze assets of protesting truckers. Now platforms are telling people what they can do with their coins. ( read original story ...)
Exclusive-Japan pushes to remove zero-emission vehicle target from G7 statement, draft shows
Japan is pushing to remove a target for zero-emission vehicles from a G7 communique expected this week, according to a proposed draft seen by Reuters, a move that would water down language on climate ... ( read original story ...)
Japan Travel Insurance Market 2022: Expected Industry Value of $1.29 Billion By 2027 with a CAGR of 17.55%
Dublin, June 27, 2022 (GLOBE NEWSWIRE) -- The "Japan Travel Insurance Market (2022-2027) by Type, Distribution, End-User, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis ... ( read original story ...)
More Hedge Funds Are Betting Against Tether as Crypto Melts Down
Professional investors got interested in shorting Tether after the collapse of another stablecoin, TerraUSD. ( read original story ...)
Bank of Japan’s government bond holdings exceed 50% of total
TOKYO -- The share of Japanese government bonds held by the Bank of Japan has topped 50%, hitting a record high as the central bank has accelerated its government debt purchases to hold down long ... ( read original story ...)
Japan’s Nikkei rises for 3rd session on tech boost
Japan's Nikkei rose for a third straight session on Monday, lifted by heavyweight technology stocks, after a surge in Wall Street at the end of last week. The Nikkei share average closed 1.43% higher ... ( read original story ...)
Japan’s female election candidates aim for diversity breakthrough
Japan's upper house election next month poses a major gender equality test, with a record number female candidates running in a country known for lagging behind on women's political participation. ( read original story ...)
Japan’s eight biggest chip companies need to hire 35,000 engineers in the next ten years
Japan’s eight biggest chip companies need to hire 35,000 engineers in the next ten years,says the Japan Electronics and Information Technology Industries ... ( read original story ...)
Crypto is crashing but the tech behind it could save luxury brands billions
Counterfeits are a huge problem for high-end designers but a new platform could help ensure that high-value purchases are the real deal. ( read original story ...)