Despite FTX being the fourth-biggest crypto exchange, the company wasn't immune from the downturn in digital assets.
The Fed’s jumbo-sized rate hikes will uncover more ‘skeletons in the closet’ for crypto after FTX’s rescue, economist says
The Federal Reserve's aggressive interest rate hikes will likely flush further "skeletons" out of crypto markets, an economist warned. The Pearson Institute for International Economics' Martin ...
Binance chief says near collapse of FTX ‘severely’ eroded confidence in crypto industry
We’ll send you a myFT Daily Digest email rounding up the latest Binance news every morning. The near collapse of FTX has “severely shaken” confidence in the crypto industry and will trigger tougher ...
Bitcoin Plummets in Another Crypto Confidence Crisis
Cryptocurrency market drops 11% in 24 hours as questions about crypto firms' solvency mount.The crypto industry is plunged into a new crisis of confidence. As cryptocurrency prices began to stabilize, ...
The Great Crypto-Cop Brain Drain
There's a little bit of a brain drain that is happening,” Gambaryan says. “There's a massive exodus of special-agent experts in the field of cryptocurrency who have left government agencies and joined ...
Ultrafast Electron Microscope Built to See Events at the Nanoscale
A group of scientists from Nagoya University in Japan used a novel combination of technologies to investigate the principles of light–matter interaction in nanomaterials at the lowest and fastest ... ( read original story ...)
Candy from Ghibli’s Grave of the Fireflies disappearing as manufacturer goes out of business
Candy drops that served as a symbol of hope for war orphan Setsuko have been on sale for more than 100 years, but their end is near. ( read original story ...)
Japanese Heavyweights Konami, Square Enix, And Sega, Are Changing The Way They Do Business
It's uncertain times right now for the video game industry as a whole. Three of Japan’s biggest video game companies are making drastic changes to the way they do business. Those three companies are ... ( read original story ...)
Disgraced Crypto Moguls Do Kwon and Su Zhu Emerge After FTX Saga
The drama unfolding in the crypto industry has lured two downtrodden scions back into the limelight. Do Kwon, the founder of collapsed stablecoin project Terra, and Su Zhu, the co-founder of bankrupt ...
Crypto Stocks In For Another Tough Day Amid FTX Crisis — Coinbase Plunges 5% Premarket
Fried’s FTX cryptocurrency exchange and its subsequent bailout by Binance brought to the fore the vulnerability of digital currencies and related instit ...
Congress unswept, crypto a mess
Running market assumptions of a Republican clean sweep of U.S. Congress in Tuesday's midterm elections appear wide of the mark so far from early results, leaving investors to ponder the implication ...
Roundup: Japan’s Nikkei ends lower ahead of U.S. inflation data, election results
Japan's benchmark Nikkei stock index ended lower Wednesday, as investors opted for profits ahead of the release of U.S. inflation data seen as a barometer for the future course of the U.S. Federal ...
Inflation Brings End to Beloved 114-Year-Old Japanese Candy
A beloved Japanese candy eaten by generations, so iconic it even appeared in a hit anime film, has come to the end of the line, a victim of surging raw material and energy prices. Tokyo-based ... ( read original story ...)
Yakuza boss, 4 others arrested for alleged threat using severed pig heads in Osaka Pref.
A senior executive of a designated crime syndicate based here and four other men were taken into custody on Nov. 8 for allegedly making bizar ... ( read original story ...)
M5.0 quake hits North of Tokyo
A magnitude 5.0 earthquake has rocked Ibaraki Prefecture, north of Tokyo. It hit at around 5:40 pm on Wednesday. ( read original story ...)
Former Tokyo Games executive indicted for 4th time in bribery case
Tokyo prosecutors have brought a fourth indictment against a former executive of the Tokyo Olympics and Paralympics organizing committee for accepting bribes. ( read original story ...)