A Boeing 737 Max aircraft during a display at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. REUTERS/Peter Cziborra ... ( read original story ...)
Crypto crash and gold sell-off show there’s no place for investors to hide
The spectacular implosion of cryptocurrency exchange FTX, a so-called unicorn startup that was recently valued at $32 billion, is just the latest bit of bad news for investors in bitcoin, ethereum and ...
AP source; US authorities investigate crypto exchange FTX
The swift collapse of cryptocurrency exchange FTX sent more shockwaves through the crypto world on Thursday, with authorities now investigating the firm for potential securities violations and ...
FTX crypto ETPs suffer precipitous falls
The VanEck FTX Token exchange traded note , the 21Shares FTX Token ETP and the CoinShares FTX Physical FTX Token ETP had combined assets of €27.7mn as of October 31, according t ...
Crypto’s future may be divided, not dead
It also means customers may not recoup their funds. Hence the panic, given the lack of any investor safety net — or lender of last resort — in crypto land. In theory, these problems could be fixed if ...
Mizuho Trust seeing surge in advisory requests as activists target Japan
The trust bank unit of Japan's Mizuho Financial Group Inc is fielding about 100 enquiries a month from companies seeking advice on shareholder engagement, highlighting deepening pressure from activist ... ( read original story ...)
Naomi Osaka’s Time May Be ‘Running Out’: Tennis Great Martina Navratilova
Navratilova suggested that tennis star Osaka's success may have come too fast, and that tennis players need to work to "stay in the moment." ... ( read original story ...)
U.S. Treasury says currency-market intervention should be reserved for ‘very exceptional circumstances’ in response to Japan’s September move
The U.S. Treasury Department on Thursday said it expects currency-market interventions, like Japan's in September, should be reserved for exceptional circumstances, as it kept Tokyo on a list of ... ( read original story ...)
FTX Japan Ordered by Regulator to Suspend Operations Following Withdrawal Halt
The regulator wants FTX Japan to halt the crypto asset exchange business and stop accepting new customers until Dec. 9, 2022 effective immediately, the order said. The order comes as Sam Bankman-Fried ...
Live news updates: Investors pull $700mn from Tether amid crypto market jitters
FTX chief Sam Bankman-Fried has apologised for the crisis at his crypto exchange and sister trading firm Alameda Research. In a series of tweets published on Thursday, Bankman-Fried said: “I’m sorry.
Regulators punishing crypto firms for FTX’s meltdown ‘makes no sense’ since most trading activity is offshore, Coinbase CEO says
"Punishing US companies for this makes no sense," Coinbase's CEO said, as FTX's blow-up prompts calls for more aggressive regulation of crypto.
Why Is Crypto Crashing? The FTX Saga Explained
After announcing a rescue acquisition of FTX, Binance has pulled out of the deal citing concerns about their business practices and ongoing investigations from US regulators.
What happened to FTX and could the crisis spill over to the rest of crypto?
International exchange for crypto assets is effectively unregulated – and may have been built on sand ...
SEC Chair Gensler slams “non-compliant” crypto industry amid FTX turmoil- CNBC
Crypto investors need better protection in a space that is "significantly non-compliant" despite clear regulations, U.S. Securities and Exchange Commission Chair Gary Gensler said in an interview to ...
Analysis: FTX debacle sparks investor rethink of battered crypto market
With major cryptocurrency exchange FTX on the brink of collapse, some investors are beginning to question the viability of a sector already bruised by the bitcoin bubble bursting and closures of key ...
‘Beware’ Of Crypto Investing Or Risk Ending Up In Bankruptcy Court, SEC Chair Warns
Individuals awaiting the fulfillment of their withdrawal requests from FTX are in jeopardy of never seeing their holdings again if the exchange doesn’t find a new partner to save it from apparent ...