Asia seems to be standing at the forefront of the global cryptocurrency landscape headed to become the next crypto hub. How is this happening?
FTX customers who lost a fortune on the bankrupt exchange are doubling down on crypto
Evan Luthra, an app developer, entrepreneur and angel investor, told CNBC he lost $2 million dollars in the collapse of FTX. Luthra said he knew when FTX filed for bankruptcy in late 2022 that he wouldn't have "access to any of this money for the next few years." He continues to speak at crypto conferences
Short seller Jim Chanos slams Michael Lewis’ defense of FTX and compares the failed crypto exchange to Enron
Lewis told CBS that FTX only failed because of a bank run. "This was literally Enron's defense," Chanos said in response.
Japan’s Nikkei surrenders gains to end lower as rising yields weigh
Japan's Nikkei share average erased earlier gains to end lower on Monday as investors sold stocks amid worries about rising interest rates. The Nikkei index fell 0.31% to close at 31,759.88, after ...
Crypto bosses pouring millions into anti-ageing tech to live longer
Crypto's top CEOs are playing a pivotal role in driving funding for longevity research and anti-ageing technology, a leading scientist has claimed.
Crypto exchange Coinbase obtains Monetary Authority Of Singapore licence
The Singapore arm of cryptocurrency exchange Coinbase said on Monday that it had obtained a Major Payment Institution (MPI) licence from the city-state's central bank.
Top lawyer: Bank crypto transaction ban ‘about protecting themselves’
British banks could face criticism if they follow in the footsteps of JP Morgan’s Chase, which moved to block cryptocurrency payments for its UK customers, a banking lawyer has said.
September becomes the biggest month for crypto exploits in 2023: CertiK
More than $332 million was stolen in crypto exploits, hacks, and scams in September, according to blockchain security firm CertiK.
Sam Bankman-Fried’s Trial Is Is a Reminder for Crypto Traders to Be Wary
It's a reminder to investors how little recourse they have should the trading platforms they do business with go under.
Nasdaq helps Japan startups escape risk-averse home market
Boustead was the lead underwriter for Heartcore Enterprise Inc, a software outsourcing firm which listed on the Nasdaq last year. It also handled the IPO of Pixie Dust Technologies Inc, a developer of ...
Nikkei to Extend Gains to 34,000 Over Six Months, Survey Shows
Japanese equities are set to climb over the next six months, helped by optimism for corporate profitability and speculation the US will pause interest rate hikes, according to strategists.
Japan stocks soar as yen hits 1-year low
Japanese stocks soared on Monday, with the exporter-heavy Nikkei 225 share average buoyed by the yen's slide to its lowest point in a nearly a year and after the U.S. avoided a government shutdown.
Bank of Japan board discussed factors that could affect exit timing
Bank of Japan policymakers discussed various factors that must be taken into account when exiting ultra-loose policy, a summary of opinions at their September meeting showed on Monday.
Japan’s factory activity extends declines in September – PMI
Japan's factory activity fell at the fastest pace in seven months in September, a survey showed on Monday, as worsening global economic conditions continued to weaken demand.The final au Jibun Bank ...
Overseas real estate buyers identify Japan as an opportunity
Tokyo for business and shopping. Osaka for the food. Karuizawa for the alpine forests. Kyoto for the history. And Niseko for the best powder ski slopes in the world. For many years, this was more or ...
Crypto industry grapples with FTX fallout as trial looms
The collapse of cryptocurrency platform FTX, whose disgraced former boss goes on trial this week, sparked shock waves worldwide, with regulators still seeking to get to grips with the sector.