Cancer drug developer Adlai Nortye (ANL) has downsized its proposed US initial public offering to $72M from $115M. Read more here.
Crypto hacks still happen, but as institutions come in, the market could get safer
The latest Distributed Ledger column from MarketWatch: a weekly look at the most important moves and news in crypto.
PayPal’s New Stablecoin Makes It a Leader in Crypto for the Next Decade
After a surprise unveiling of its own U.S. dollar-backed stablecoin, major digital payments platform PayPal has established itself as a leader in the cryptocurrency space.Perspective: Launching its own Ethereum-based stablecoin that is redeemable one-to-one with the U.
PayPal is diving deeper into crypto by launching its own stablecoin—what investors should know
PayPal is now the first U.S. financial firm to launch its own stablecoin. Here's what to know about the dollar-pegged digital token.
Bitcoin Spark Gains Traction Amongst Shiba Inu And Dogecoin Investors
Bitcoin stands as the undisputed king, but other altcoins and meme coins like Shiba Inu and Dogecoin are an integral part of the crypto market. The rise of Bitcoin Spark, a new and promising ...
Crypto investors sue Asian venture capital firms for ‘aiding and abetting’ FTX, naming Temasek, SoftBank and Sino Global
Temasek, SoftBank and Sino Global were named along with nine other VC firms in a class-action lawsuit alleging they should have known about issues at FTX before it collapsed.
Spearbit raises $7M to improve security audits in crypto through its open marketplace
Security is paramount in crypto, but as regular coverage of hacks and other exploits make plain it is not taken seriously enough. Spearbit wants to change ...
Crypto Controversy: Power Play between New Innovators and Financial Titans
I n a recent discussion, Roundtable anchor, Rob Nelson and CEO of Immutable Holdings, Jordan Fried, dove deep into the landscape of cryptocurrency and its intersection with institutional giants. The ...
Ripple v. SEC: Why the crypto industry may have celebrated too early
Some favorable aspects of the decision for Ripple seem ripe for a reversal on appeal. That could strengthen the SEC’s hand going forward.
Japan stocks higher at close of trade; Nikkei 225 up 0.87%
Japan stocks were higher after the close on Thursday, as gains in the Manufacturing, Transport and Railway & Bus sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 0.87%. The best ...
Osaka Gas, Sumitomo Near Deal for Think Gas Stake, Sources Say
Osaka Gas Co. and Sumitomo Corp. are nearing a deal to buy about a 30% stake in Think Gas Distribution Pvt. that could value the Indian natural gas supplier at as much as $1.5 billion, according to ...
Bernstein says crypto may finally have its killer application
According to Bernstein, "the monster crypto killer-app" could be a nearly $3 trillion market over the next five years.
Japan’s Nikkei inches higher on strong earnings; Honda Motor and Inpex shine
Japan's Nikkei share average reversed course to trade higher on Thursday, as strong corporate earnings countered concerns ahead of U.S. consumer price inflation data.
Global Funds, Japan Banks Have Big Opposing Bets on JGB Futures
Open interest in Japanese government bond futures is hovering around the highest level in two decades as global funds and local players take opposing bets in a market that remains distorted by the ...
Leak Reveals BlackRock’s Game-Changing Bitcoin Plan That Could Cause Price Chaos For Ethereum, XRP And Crypto
Bitcoin, ethereum and other cryptocurrencies were revitalized by a shock XRP legal ruling last month—though the price rally has since lost momentum (despite a sudden ...
Asia markets poised for weaker open ahead of U.S. inflation data
Asia-Pacific markets are set to fall as investors brace for July consumer price index data out from the U.S. on Thursday. Expectations from economists polled by Reuters are the inflation rate will ...