Crypto lender BlockFi filed for bankruptcy Monday, becoming the latest casualty of the financial contagion unleashed by the collapse of Sam Bankman-Fried's empire.
Crypto Lender BlockFi Follows FTX Into Bankruptcy
Cryptocurrency lender BlockFi filed for bankruptcy, making it the latest major digital assets company to fail since FTX, with which BlockFi is financially intertwined.
Collapsed crypto exchange FTX to resume salary payments
Crypto exchange FTX and its affiliated companies, which have filed for U.S. bankruptcy court protection, said on Monday most subsidiaries would resume ordinary course payment of salary and benefits to employees worldwide.
Snap employees to be in offices 80% of time from end-Feb (Nov 28)
A man takes a photograph of the front of the New York Stock Exchange (NYSE) with a Snap Inc. logo hung on the front of it shortly before the company's IPO in New York, U.S., March 2, 2017.
Bank Of Japan’s $5 Trillion Bet Is Going Awry In A Hurry
For years now, economists have debated whether the Bank of Japan’s ultraloose policies were a loser, figuratively speaking. Now we have proof of the literal losses from Governor Haruhiko Kuroda’s team ...
Japan’s LINE shutters crypto exchange to focus on less controversial blockbiz
The company said that despite its efforts to overcome challenges in a rapidly evolving industry, shutting the business segment was necessary to "continue growing the Line blockchain ecosystem and Link ...
Japan’s $210 Billion Supplementary Budget Set to Pass Lower House
Japan's second, 29 trillion yen ($210 billion) supplementary stimulus budget for this fiscal year is set to clear the lower house on Tuesday, paving the way for the spending plan to win final ...
Editorial: People of Japan need to know the why and how of Moritomo doc tampering scandal
Why did a branch of Japan's Finance Ministry falsify official documents related to the cut-rate sale of government land to nationalist school operator ...
Japan set to raise defense budget to 2% of GDP by 2027
Japanese Prime Minister Fumio Kishida has informed his Cabinet of the decision to increase defense spending to 2% of gross domestic product (GDP) by ...
Japan urged to secure stable sources to finance defense budget boost
An advisory panel on Japan's fiscal policy urged the government on Tuesday to find ways of securing stable funding sources to achieve a planned increase in defense spending while avoiding putting off ...
Asian shares rise except Japan as markets eye China protests
Asian shares were mostly higher Tuesday as jitters over protests in China set off by growing public anger over COVID-19 restrictions subsided.
Crypto exchange Bitfront shuts down
"However, despite our efforts ... we have regretfully determined that we need to shut down BITFRONT in order to continue growing the LINE blockchain ecosystem and LINK token economy," the California-based company said in a statement on its website on Sunday.
Crypto Exchange Kraken Settles with Treasury Department Over Iran Sanctions
The Delaware-based company failed to prevent more than 820 individuals in Iran from using Kraken for crypto transactions.
Japan’s Line-Backed Crypto Firm Bitfront Shuts Amid Challenges
Bitfront, a crypto exchange that’s backed by Japan’s internet giant Line Corp., is shutting down amid “rapidly evolving” challenges in the industry.
Japan’s Lawmaker Pushes for Further Easing of Crypto Regulations
Japan’s Web3 lawmaker Masaaki Taira said the government must further ease crypto regulations, Bloomberg reported Tuesday. A Japanese regulator recently decided to relax virtual coin listing ...
Japan’s Web 3.0 lawmaker urges further easing of country’s crypto regulation
Japan needs to further relax rules for its crypto industry, said lawmaker of Japan’s ruling Liberal Democratic Party and head of its Web 3.0 project team Masaaki Taira, in an interview with ...