Mobilicom Limited (MOB) plans to raise $12 million in an initial public offering (IPO) on Wednesday, August 24th, IPO Scoop reports. The company will be issuing 1,600,000 shares at $7.43 per share. In ...
Japan’s inflation rises to 2.6% in July, fastest pace since 2014
The annual headline inflation rate in Japan rose to 2.6 percent in July 2022 from 2.4 percent in June, the fastest pace since April 2014, according to official data by the Internal Affairs Ministry on ...
Crypto hackers have stolen nearly $2 billion this year—Here’s why it’s a growing problem
Hackers have stolen nearly $2 billion of crypto this year and the crime trend isn't likely to stop, according to Chainalysis. Here's how to protect your funds.
Bankrupt Crypto Lender Celsius Now Says It Likely Has Enough Cash to Last Through End of Year
The company’s CFO testified the company will receive additional funds in maturing loans and sales and use tax savings in a bankruptcy hearing with creditors.
Crypto exchange FTX ordered to halt ‘false and misleading’ claims by U.S. bank regulator
A U.S. bank regulator ordered crypto exchange FTX on Friday to halt what it called "false and misleading" claims the exchange had made about whether funds at the company are insured by the government.
Crypto analyst warns of 2008 financial crash-style “domino effect” as Bitcoin prices plunge
A crypto analyst has warned of a 2008 financial crash-style “domino effect” as more and more companies teeter on the edge of collapse amid plummeting Bitcoin prices. Lennix Lai, Director of Financial ...
Morning Bid: Japan inflation could pile pressure on yen, BOJ
Inflation figures from Japan, which could put the central bank's ultra-loose monetary policy under even more intense scrutiny, and a smattering of Chinese earnings are the juiciest morsels for ...
Japan’s largest online broker to shut crypto mining in Russia
Russia’s invasion of Ukraine has created uncertainty over the prospects of the mining business, while crypto’s global market rout has rendered it less profitable to mine tokens.
Crypto is a ‘canary in coal mine’ for risk assets, says Hashdex’s Bruno Ramos de Sousa
Hashdex's Bruno Ramos de Sousa joins CNBC's "Crypto World" to discuss the state of digital currency markets. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get ...
Crypto: Uncertainty Returns, Bitcoin Falls
Uncertainty is back in the cryptocurrency market after more than three weeks of calm marked by the rebound in prices. Bitcoin, the king of cryptocurrencies, even managed on August 15 to once again ...
Sudden crypto drop sends bitcoin to three-week low
Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week low. Bitcoin fell as much as 7.7% to $21,404 over a few minutes during the European morning, at around ...
Crypto’s Scott Melker Details Best Industry Lessons
The crypto industry is a relatively young sector, starting in 2009. Crypto industry players with years of experience under their belt have likely seen a number of pivotal events amid the sector’s ...
Japan Wants Gen Z To Drink More To Cover My $75,000 Tab
Now that the Federal Reserve is tightening, inflation is rising and corporate profits are drying up, Japan’s government is resorting to some truly weird tactics to pay its bills.
Kickstarter Game Goes Bust Gambling On Crypto, Can’t Refund Backers
The game remains game-first, crypto-second in design, but crypto funds have become, and remain, essential in getting us to the release. Unlike many of the projects that have foundered in the storm, we ...
Sudden crypto drop sends bitcoin to 3-wk low
Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week low. The reason for the drop was not immediately clear. Bitcoin fell as much as 7.7% to $21,404 over a few ...
Tokyo’s Key Nikkei Index Inches Down At Close
Tokyo's benchmark Nikkei index barely changed on Friday, with investors gravitating towards profit-taking but also cheered by a weaker yen.