Darren Nguyen's crypto trading company profited $7 million after-tax, and net-profits increased 1,400% from the previous year.
Beware the Dangers of Crypto Regulation
The collapse of FTX and the charges against Sam Bankman-Fried have brought many renewed calls for crypto regulation, from both commentators and legislators. That is precisely why this is a time for ...
Gemini’s Cameron Winklevoss accuses Genesis boss of stalling on $900 million loan payments, in another hit to crypto credibility
Cameron Winklevoss slammed crypto boss Barry Silbert over $900 million owed to Gemini clients in an open letter Monday, accusing him of "bad faith".
FTX crypto CEO Sam Bankman-Fried expected to plead not guilty in Manhattan federal court Tuesday
Disgraced crypto executive Sam Bankman-Fried is likely to plead not guilty to an eight-count fraud and conspiracy indictment on Tuesday, a source said.
Here’s how the most important dispute hanging over crypto industry may play out, says industry watcher
How a key dispute plays out may well determine the fortunes of crypto through the early part of 2023, says an industry watcher.
Bank of Japan needs the courage to change course
The Bank of Japan shocked markets in December by widening the band in which 10-year government bonds could trade from 25 to 50 basis points. Investors responded by pushing two- to 10-year yields to ...
Japan’s Business Owners Can’t Find Successors. This Man Is Giving His Away.
An owner’s struggle in Japan’s northern dairy region illuminates one of the potentially devastating economic impacts of an aging society. ( read original story ...)
Moscow says dialogue on peace treaty with Tokyo ‘impossible’ due to ‘anti-Russian course’
Rudenko said Moscow does not see signs of Tokyo moving away from its “anti-Russian course” and does not see any attempts to correct the situation. The diplomat recalled that negotiations between Russia and Japan were taking place on a peace treaty “designed to determine the main directions for the accelerated development of the entire complex ...
Tom’s previews turbocharged GR86 ahead of Tokyo
A Tom’s Toyota was always worth seeking out, and it remains true almost 50 years after the company was founded: six Tom’s-tuned models will be at the Tokyo motor show the weekend after next. The obvious stuff features, ( read original story ...)
Japan’s Royal Family Emerges for In-Person New Year’s Address After Pandemic Hiatus
Japan’s Emperor Naruhito delivered on Monday his first in-person New Year’s message to the public since the start of the pandemic. ( read original story ...)
Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt
Late last month, the world got an unexpected reminder of how integral Japan is to the global economy, when the country’s central bank unexpectedly announced that it was adjusting its stance on bond ... ( read original story ...)
Japan is offering young parents a million yen to leave Tokyo: Here’s why
To encourage parents to migrate out of Tokyo, the Japanese government has increased the financial incentive for those who decide to do so. According to a Financial Times (FT) report, from 300,000 yen ... ( read original story ...)
The collapse of FTX shows the urgent need for clearer regulation of the crypto industry
Just because the alleged mismanagement and corruption at the exchange didn’t trigger a global recession shouldn’t be cause for celebration.
2022 Crypto Attacks Were Least in December, With $62M Lost in Heists, Certik Says
However, blockchain audit firm CertiK noted some $3.7 billion was lost to scams and hacks in 2022, making it the worst year to date for nefarious activities in the market’s history.
Slight delay for Yokohama Rubber’s Trelleborg Wheel Systems acquisition
Trelleborg Wheel Systems will soon have a new owner, but not as soon as first announced. The Yokohama Rubber Co., Ltd. now anticipates completing its acquisition of all outstanding shares in Wheel ... ( read original story ...)
Health ministry confirms 9,628 new COVID-19 cases in Tokyo on Tuesday
Japan's health ministry says it confirmed 9,628 new cases of the coronavirus in Tokyo on Tuesday, down 12,435 from a week ago. ( read original story ...)