Binance chief Zhao was speaking at a conference in Bali, Indonesia, attended by heads of the G20 group of nations. The company has also announced plans for a recovery fund to help struggling crypto ...
Crypto Crash: A New Savior Appears to Contain the Crisis
The unexpected implosion of the FTX cryptocurrency exchange raises fears of a cascade of bankruptcies.The cryptocurrency industry seems to have a new savior to save it from plunging into an ...
Crypto No Place For Small Fry, CZ Warns As He Unveils Rescue Fund
You should not invest in crypto if you’re using money that you need for next week or next month, you should only be using discretionary cash that you don’t need for a long time,” he said. “If you ...
FTX Collapse: Sam Bankman-Fried Questioned By Police, Crypto Market Wobbles
The fallout from FTX's spectacular collapse last week continues to echo through crypto markets as officials probe mysterious withdraws and pick through the failed exchanges complicated balance sheet.
China’s ‘most comprehensive’ rescue package for property sector lifts stocks, bonds
Workers work at a construction site, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China, October 14, 2022. REUTERS/Aly Song ... ( read original story ...)
Shares sobered by Fed warning, China acts on property
A passerby walks past an electric monitor displaying the graph of recent movements on Japanese yen exchange rate against the U.S. dollar in Tokyo, Japan, October 20, 2022. REUTERS/Issei Ka ... ( read original story ...)
FTX Japan studying whether local clients can get their crypto back
FTX Japan K.K. is in discussions with lawyers about the implications of the collapse of its parent entity and plans to make an announcement once the situation becomes clearer, a spokesman said.
Crypto.com’s Sinking Token Stirs Fresh Anxiety After FTX Wipeout
The one constant in digital assets right now is fear and its latest object is Crypto.com, an exchange whose sponsorship of sports like Formula One racing and the soccer World Cup have popularized its ...
FTX’s bust and crypto crash come with two silver linings
Let's look at the bright side of the FTX-driven crypto crash to kick off what will likely be another long week for the industry. There are probably two positives worth considering here. First, the ...
Binance says ‘proof of reserves’ can restore trust in the crypto industry. What does that mean?
As the crypto industry faces a crisis of confidence, insiders argue over how to restore trust—and avoid a regulatory crackdown.
SoftBank won’t hasten exit from $1.8-billion holdings in Paytm, Policybazaar, Delhivery as lock-in expiry nears: Source
Japanese tech investor is sitting on net gains worth $160 million from venture investments worth $2.2 billion in the three unicorns; will look to pare stakes gradually over two years so as to not spar ...
This Ninja & Geisha-Themed Osaka Capsule Hotel Will Transport You to the Edo Period!
If time-travel wasn't part of your itinerary before, it certainly will be now! A stay at NINJA & GEISHA will transport you and your friends back in time to the Edo Period. ( read original story ...)
Tokyo courts evacuated, trials rescheduled after bomb threat
Two courts in Tokyo were forced to evacuate and cancel trials on early Monday afternoon (Nov 14), after receiving a bomb threat, Xinhua quoted a local media report as saying.According to Japan's ... ( read original story ...)
Tokyo police uncover group targeting female dressing rooms at bathhouses
Tokyo police have linked a series of theft cases involving a group targeting women’s changing rooms at public bathhouses, with the amount of losses thought to total at least ¥100 million. In the cases ... ( read original story ...)
Japan’s Megabanks Plan $2.5 Billion Buybacks on Profit Beat
Japan’s biggest banks announced plans to boost shareholder returns, including buybacks of as much as 350 billion yen ($2.5 billion) as global rates hikes spurred an increase in income from loans that ... ( read original story ...)
Strong loan demand boosts Q2 profits at Japan’s Sumitomo Mitsui, Mizuho
Sumitomo Mitsui Financial Group Inc and Mizuho Financial Group on Monday reported strong second-quarter profits on demand from overseas clients looking to lock in loans ahead of higher interest rates. ( read original story ...)