Prominent investor Bill Ackman offers a rather muddled take on digital assets during a virtual event on Wednesday, but the upshot may be that he views ... ( read original story ...)
ARK Invest’s Cathie Wood will join the board of a European crypto firm after personally backing the company
"21Shares is forging a new path for crypto ETPs," Wood told Bloomberg about her new position on the board of Amun Holdings. ( read original story ...)
SoftBank beats Japanese record for annual net profit
TOKYO - Investment giant Softbank Group on Wednesday reported the best ever annual net profit for a Japanese company, reaping the rewards of tech share rallies to recover from last year's record loss. ( read original story ...)
Ray Dalio says crypto could be a victim of its own success by inviting regulation – and his comments follow tough words from watchdogs
Billionaire hedge fund boss Ray Dalio said of cryptocurrencies: "No government wants to have an alternative currency." ... ( read original story ...)
Crypto’s Anonymity Has Regulators Circling After the Colonial Pipeline Hack
Almost $350 million went to cryptocurrency wallets associated with ransomware attacks last year, quadruple the level of 2019. ( read original story ...)
Ark Financial’s Crypto Expert Sees Dogecoin Washout, Bitcoin Rivaling Gold
The past few days in cryptocurrencies have been among the most striking yet: a token just days old hit a $45 billion market value, Dogecoin was used to pay for a space mission and Ether scaled new ... ( read original story ...)
Blockbuster tech IPOs propelled SoftBank to Japan’s highest-ever annual profit
Masayoshi Son’s SoftBank Group has reaped $45.8 billion net income for the fiscal year ended March 31, 2021, the highest of any Japanese company—ever. Its fourth quarter alone saw $17.7 billion in ... ( read original story ...)
Legendary Investor Issues ‘Radical’ Fed Warning As Crypto Price ‘Competition’ Between Bitcoin And Ethereum Suddenly Accelerates
As inflation fears swirl, legendary investor Stanley Druckenmiller has warned "the most radical" Fed policy in recent history risks destabilizing the U.S. dollar—with bitcoin a good hedge against ... ( read original story ...)
Coinbase and SoftBank Help Fund Brazilian Crypto Firm
A Brazilian money management firm focused on cryptocurrencies said it raised about $26 million of new funding from investors including SoftBank Group Corp. and Coinbase Global Inc. ( read original story ...)
SoftBank posts $45 billion net profit, Japan’s highest ever
Investment giant Softbank Group on Wednesday reported an annual net profit of $45.8 billion, the best ever for a Japanese company, reaping the reward.. ( read original story ...)
Tokyo 2020 sponsor Toyota “conflicted” over pandemic Olympics
A top executive of Tokyo 2020 Olympic Games sponsor Toyota Motor Corp said officials of the Japanese company felt "conflicted" over the desire to see the Olympics succeed and public concerns about ... ( read original story ...)
Tokyo stocks close lower ahead of US inflation data
Tokyo stocks closed lower Wednesday ahead of US inflation data on concerns over the winding down of American monetary easing, echoing falls on other Asian bourses.The benchmark Nikkei 225 index closed ... ( read original story ...)
Nikkei closes nearly 2% down; Japan shares extend losses as BOJ’s lack of action disappoints
The Nikkei share average fell 1.91 per cent to close at 28,147.51, after falling to the lowest level in more than three months earlier in the session. The broader Topix lost 1.47 per cent to 1,877.95. ( read original story ...)
SoftBank posts $45-B net profit, Japan’s highest ever
Investment giant Softbank Group on Wednesday reported an annual net profit of $45.8 billion, the best ever for a Japanese company, reaping the rewards of tech share rallies to recover from last year's ... ( read original story ...)
Japan’s Nomura still betting on global expansion to lift profit, despite Archegos hit
Nomura Holdings Inc raised its pretax income target for the next fiscal year by 14%, showing the long-cherished ambitions of Japan’s top brokerage and investment bank to join the global elite remain ... ( read original story ...)
NY Attorney General Seeks Injunction Against CoinSeed For Harm To Crypto Consumers
Letitia James, Attorney General of the State of New York, requested a temporary restraining order, preliminary injunction and the appointment of a receiver in the case of Coinseed Inc., a company ... ( read original story ...)