Axie Infinity, the most popular crypto-based game and blockchain-using metaverse project, hit a $30 billion valuation. Its native token AXS rose past $110 this weekend, and it is currently trading at ... ( read original story ...)
Billionaire investor David Einhorn says he doesn’t have a strong view on crypto as the lack of regulation makes it ‘too difficult’
I don't have a strong view that this is some enormous waste or this is some phenomenal opportunity,' Einhorn said. ( read original story ...)
Indian crypto exchange CoinSwitch Kuber valued at $1.9 billion
CoinSwitch Kuber, an Indian crypto exchange, raised $260 million at a $1.9 billion valuation co-led by Andreessen Horowitz and Coinbase Ventures.Why it matters: All crypto investments are done against ... ( read original story ...)
Japan: PHC prices downsized IPO at bottom of marketed range
Japanese medical devices maker, PHC Holdings, has priced a downsized IPO at the low end of the indicated price range of ¥3,250– ¥3,500 to raise ¥71.8bn (US$640m), according to IFR. The company had ... ( read original story ...)
China’s Crypto Companies Are Scrambling
Hi all, this is Zheping in Hong Kong. Crypto holders have long tried to call China’s bluff on Bitcoin. That’s looking like a bad bet. But ... ( read original story ...)
GOP lawmaker introduces bill to provide legal clarity for crypto industry
Rep. Patrick McHenry (R-N.C.), a noted friend in Congress of the cryptocurrency industry, introduced a new bill Tuesday that aims to provide a framework for nascent digital token networks.State of ... ( read original story ...)
KKR-Backed PHC Holdings Plans $740.6 Million Initial Public Offering
By Kosaku Narioka KKR & Co.-backed PHC Holdings Corp. said it plans to sell shares worth 82.55 billion yen ($740.6 million) in an initial ... ( read original story ...)
Nikkei extends losing streak to 8 days, 1st time since 2009
Japan's Nikkei stock benchmark ends lower on Oct. 6, extending its losing streak to eight days for the first time since July 2009, as sentiment was hurt by deepening uncertainty over the global ... ( read original story ...)
CryptoCodex Live: Understanding Bitcoin Trends And The Latest Crypto Price Moves
Sign up now for Forbes' CryptoCodex Live and understand the trends buffetting the bitcoin price and wider crypto ... ( read original story ...)
India’s cryptocurrency platform CoinSwitch Kuber raises over $260 mln
Indian cryptocurrency exchange CoinSwitch Kuber said on Wednesday it had raised over $260 million at a valuation of $1.9 billion, underscoring the rise in popularity of crypto trading in the country ... ( read original story ...)
Gary Gensler says the SEC won’t bring in a China-style crypto ban, but Congress could
Many of these tokens do meet the tests of being an investment contract or a note or some other form of security,' Gensler said Tuesday. ( read original story ...)
Bank of Japan’s Kuroda says country’s labour practices keep wage pressures under control
Japanese firms have no pressing need to raise wages because they retained jobs during last year's pandemic-induced economic slump, and thus do not need to fill job vacancies as quickly as US companies ... ( read original story ...)
Japan’s Shinsei Bank forms independent panel to respond to SBI takeover bid
Japan's Shinsei Bank Ltd is forming a panel of independent directors to weigh its response to a takeover bid from SBI Holdings, so as to ensure the "fairness and objectivity of the evaluation," it ... ( read original story ...)
Shiba Inu Crypto Up 216% in a Week (With Some Help From Musk)
The Shiba Inu cryptocurrency is now the world’s 20th-biggest by market value and has more than tripled in the past week, partly fueled by Elon Musk’s latest tweet about his own puppy. ( read original story ...)
SmartRyde helps travelers book airport cabs in 150 countries, nabs series A round
SmartRyde, the Japanese startup behind a global airport transfer marketplace under the same name, announced that it has secured approximately 180 million yen (about $1.6 million) in a Series A ... ( read original story ...)
Nikkei hits over six-week low; low support ratings for new PM weigh
Japan's Nikkei reversed course on Wednesday to close at a more than six-week low, dragged down by concerns over higher interest rates, China's slowdown and modest approval ratings for the country's ... ( read original story ...)