With a market cap of around $850 billion, bitcoin’s value is bigger than that of either Tesla or Facebook, and almost twice as large as Warren Buffett’s Berkshire Hathaway. In 2021 alone, bitcoin ... ( read original story ...)
Half of Mizuho’s ATMs in Japan shut down, with some eating cards
A widespread system glitch has forced more than half of Mizuho Bank's 5,395 automated teller machines in Japan to halt operations, the megabank said Sunday. Customers were unable to withdraw cash ... ( read original story ...)
Professional traders need a global crypto sea, not hundreds of lakes
Compared to the United States equities market, crypto trading lacks the market access, liquidity and tools required for institutional participation. ( read original story ...)
Japan’s Mizuho halts service at card-eating ATMs
Japan's Mizuho Bank stopped service at some of its automated teller machines (ATMs) on Sunday after the machines devoured customers' cash cards and bank books. The core banking unit of Mizuho ... ( read original story ...)
19 crypto and blockchain-focused lawyers who are inking deals, fighting lawsuits, and navigating fast-evolving regulations
Big Law firms like Davis Polk, Goodwin Procter, and Skadden tout blockchain experts. And Coinbase tapped Fenwick to help it go public. ( read original story ...)
Carlyle plans IPO for Japan’s WingArc1st, valuing firm at $475 mln -sources
U.S. buyout firm Carlyle Group Inc CG.O is set to win approval for an initial public offering (IPO) of Japan's WingArc1st Inc as early as Thursday, two people with knowledge of the matter said, its ... ( read original story ...)
Japan’s Nikkei Rally: This Elliott Pattern Anticipated the Huge Move Last APRIL
Subscribers to Asian-Pacific Financial Forecast-- and Global Market Perspective-- were on the right side of the Nikkei opportunity. Back in March 2020, Japan's stock market was not "supposed" to rally ... ( read original story ...)
G-20 finance chiefs meet, discuss supporting virus-hit global economy
Finance chiefs from the Group of 20 advanced and emerging economies held a virtual meeting on Friday to discuss ways of ensuring that ... ( read original story ...)
Crypto Boom Vaults Coinbase Founder Into Ranks of Mega-Rich
Working at Airbnb Inc. allowed Brian Armstrong to see the difficulties of handling payments from around the world. ( read original story ...)
Japan to begin allowing foreign athletes’ entry next month: Nikkei
Athletes participating in this year's Olympic Games in Tokyo can begin entering Japan after it lifts its emergency declaration order next month, the Nikkei newspaper reported on Friday. Nikkei ... ( read original story ...)
Japan cautious on global economy, urges support for poor nations
The global economy warrants caution due to uncertainty over coronavirus vaccinations and variants, though Japan's economy shows signs of recovery ... ( read original story ...)
Hyperice Adds Los Angeles Lakers As Its Latest High-Profile Sports Sponsorship
Russell Westbrook, Anthony Davis, Chris Paul, Doc Rivers and the NBA have all invested in fast-growing recovery tech firm Hyperice, whose CEO says the company is now worth "significantly" more than $1 ... ( read original story ...)
Asia-Pacific Shares Plummet as Higher Global Bond Yields Spook Investors; Japan’s Nikkei Loses Nearly 4%
Japanese shares slumped on Friday, logging their biggest daily decline in nearly a year, after a spike in global bond yields spooked investors. ( read original story ...)
Japan’s Fin. Min. Aso told G20: Japanese economy shows signs of recovery
BoE Ramsden says rising Gilt yields reflect good news on UK economy Whatever Measure You Look At, UK Inflation Expectation ... ( read original story ...)
Japan Nikkei tumbles as global inflation fears
At closing bell, the 225-issue Nikkei Stock Average tumbled 1202.26 points, or 3.99%, to 28,966.01. The broader Topix index of all First Section issues on the Tokyo Stock Exchange tanked 61.4 points, ... ( read original story ...)
UPDATE 1-BOJ to highlight climate risks as key theme of bank tests this year – sources
The Bank of Japan will for the first time highlight climate change risks as among key themes in its bank examinations this year, sources said, joining major peers moving to gain research clout on the ... ( read original story ...)