Aside from Tiger Pacific Capital, notable investors in B9 include Sequoia Capital and Sofina. The total investments in the Indian craft beer manufacturer over the past 18 months amount to $130 million ...
Pre-IPO party: Tiger Pacific Capital latest to pour into Bira 91 Keg
Private equity fund Tiger Pacific Capital has acquired close to 4% of B9 Beverages, maker of Bira 91 beer and owner of pub chain The Beer Cafe, for $25 million (Rs 207 crore). This is a precursor to a ...
Crypto Exec Barry Silbert’s Firm Wants New York’s $3 Billion Genesis Fraud Suit Tossed Out—Calling It ‘Baseless’
ToplineDigital Currency Group and its chief executive, onetime crypto billionaire Barry Silbert, filed motions on Wednesday to dismiss a civil lawsuit brought by New York’s Attorney General, who ...
Crypto company prices $700 million offering as stock surges ‘through the roof’
MicroStrategy has announced the pricing for a $700 million senior note offering with plans to add to its 193,000 bitcoin stash.
Woman, 80, loses $720,000 in savings due to crypto scam ‘at my age, I do not have a second chance’
LOS ANGELOS -- Scams are growing and people are losing more and more money. A new report from the Better Business Bureau (BBB), shows losses increased 27 percent in 2023. One 80-year-old woman, Alice ...
Crypto venture firm seeks dismissal of New York attorney general’s fraud lawsuit
The Digital Currency Group (DCG) urged a New York court on Wednesday to dismiss the New York Attorney General's lawsuit accusing it of defrauding crypto investors through its Genesis Global Capital ...
Japan’s Daiwa Capitalizes on Crypto Boom, Secures 10% Stake in Singaporean Startup
Japan's Daiwa Securities has decided to acquire a 10% ownership stake in Singapore-based crypto startup Penguin.
Crypto ‘Meme-Coin’ Mania Returns on Bitcoin Boom
Bitcoin's new record-topping streak is unlocking the crazies of the crypto world. The value of "meme coins"—projects whose value is based largely on the popularity of internet memes—is rocketing once ...
Crypto’s $800 Billion Rally Widens Beyond Record-Setting Bitcoin
Smaller cryptocurrencies are starting to pull ahead of record-setting Bitcoin as traders bet the tokens are next in line to test all-time peaks.An index tracking the bottom half of the largest 100 ...
Why Crypto Just Won’t Die
Then the Federal Reserve began raising interest rates, and the crypto market abruptly tanked. Sam Bankman-Fried, whose face used to gaze out from full-page New Yorker ads, now awaits sentencing for ...
Currency market calm before Powell speech, bitcoin resumes rally
The U.S. dollar was a touch softer on Wednesday, as traders kept their powder dry ahead of the first leg of congressional testimony from Federal Reserve Chair Jerome Powell and the European Central ...
Japan’s Biggest Bank Sets Trading Strategy for BOJ Pivot This Month
One question is obsessing Tokyo’s financial markets — when will the Bank of Japan exit negative interest rates? The country’s biggest bank expects the move to come in two weeks and is positioning ...
Japan’s Capital Spending Jumps as Firms Surprisingly Bullish
Japanese businesses ramped up investment in the final quarter of 2023, an indication that firms were more bullish than indicated in overall growth figures for the period released last month.
CBDC Not Widely Recognised in Japan Despite Ongoing Trials, R&D Efforts: Details
As per Bank of Japan governor – money has a nature of undergoing changes which is what is happening now with the onset of digital currencies like CBDCs.
Digital Realty Lays Foundation to Private AI with Second Data Center in NRT Campus, Boosts AI-ready Data Center Capacity in Metropolitan Tokyo
Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, today announced the launch of NRT12, its second data center ...
Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto
Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging ...