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 ...
Walking on escalators now prohibited in Nagoya, Japan
Walking on escalators is now prohibited in Nagoya, Japan. On Oct. 1, a new law was enacted in Nagoya that now requires people to stand still while riding escalators, as reported by Japan Today. ( read original story ...)
Police arrest 31 people over illegal casino inside building in Osaka
Osaka Prefectural Police on Sunday arrested the manager of an illegal baccarat casino, 29 employees and a customer. The casino, run by Hiroki Morichika, 41, was operating out of a tenant building in ... ( read original story ...)
Japan says watching FX moves with ‘high sense of urgency’
Japan's Chief Cabinet Secretary Hirokazu Matsuno said on Monday the government would continue to monitor currency moves with "a high sense of urgency". ( read original story ...)
‘No benefit’: Small business owners hesitant to bring in Japan’s new invoice system
New regulations rolled out Oct. 1 now require businesses in Japan to provide invoices with tax details for every sale. The Mainichi Shimbun a･･･ ... ( read original story ...)
CGS-CIMB keeps ‘add’ call and $8.97 on CDL following accretive purchase of Japan assets
The purchase is estimated to lift CDL's AUM in the 'living' sector to $1.7 billion and its overall AUM to $3.4 billion ... ( read original story ...)
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 ...
Nagoya mayor promotes new ordinance to stop walking on escalators
Nagoya's mayor began promoting a new ordinance on Monday to discourage people from walking on escalators — a rule that was implemented the day before in an effort to prevent accidents. The ordinance, ... ( read original story ...)