One of the world’s biggest crypto groups just voted to back its enigmatic founder. The only problem is, no one understands his plan.
Crypto and tech are the first dominoes to fall as stimulus liquidity dries up, says this money manager. Here’s what could happen next.
Our call of the day from Stock Traders Daily and portfolio manager at Equity Logic, Thomas H. Kee Jr., links up the latest crypto selloff and selling of ...
Crypto Firm Plans First Buyback in Three Years as Shares Plunge
A Japanese crypto-exchange operator announced its first stock buyback in over three years after a selloff of its shares amid ongoing turmoil in the digital-currency market.
Crypto whizkid Justin Sun says he’s working with FTX to find a ‘solution’ after Binance dumped its rescue deal
Justin Sun, the crypto whizkid behind Tron, has said he's working with FTX to find a "solution" to troubles at the exchange, which is on the brink of collapse. The move comes after Binance walked away ...
Bank of America downgrades Silvergate as latest crypto shakeup gives market a ‘black eye’
The latest crypto turmoil could hurt Silvergate Capital as investors lose confidence in the bank's chances of getting a stablecoin approved, BofA said.
Crypto giant Binance drops bid to save rival, stoking chaos in digital assets
In an abrupt reversal, cryptocurrency exchange Binance pulled out of a deal to acquire its embattled rival FTX, saying the company's problems were "beyond our control or ability to help." ...
Citi’s Japan Investment Banking Co-Head Kato Is Said to Leave
Citigroup Inc.’s investment banking co-head for Japan Hirotaka Kato has left the US lender, according to people familiar with the matter. Kato, who also served as financial institutions group head for ...
Nintendo opens Osaka store as Mario drives merchandise sales
Nintendo fans got a sneak peek at the video game giant's biggest official shop in Japan on Thursday, an 800-sq.-meter store in Osaka packed with thousands of toys and souvenirs based on hit series ... ( read original story ...)
Nintendo unveils official store in Osaka before Friday’s opening
Run directly by the company, Nintendo Osaka is located on the 13th floor of Daimaru department store in the major commercial district of Umeda. ( read original story ...)
Osaka police halt hit-and-run probe as car shows no trace of hitting children
Police have called off an investigation into what they initially suspected could be a hit-and-run incident involving three elementary school ... ( read original story ...)
Japan’s Skymark Airlines to Buy Boeing Max Jets, List in Tokyo
Skymark Airlines Inc. plans to modernize its fleet by adding as many as 12 Boeing Co. 737 Max jets, while the once-bankrupt discount carrier will also list on the Tokyo Stock Exchange next month. ( read original story ...)
Roundup: Japan’s Nikkei ends lower as subpar earnings weigh, U.S. inflation data eyed
Japan's benchmark Nikkei stock index closed lower Thursday, tracking losses on Wall Street overnight, with domestic companies reporting subpar earnings losing ground amid a circumspect mood ahead of ...
Japan stocks lower at close of trade; Nikkei 225 down 0.98%
Japan stocks were lower after the close on Thursday, as losses in the Chemical, Petroleum & Plastic, Transport and Railway & Bus sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.
NTT, Kioxia to invest in new Japan-backed logic semiconductor firm – TV Tokyo
Japanese firms including Nippon Telegraph and Telephone Corp and Kioxia Holdings Corp have decided to invest in a new government-backed company that aims to mass-produce next-generation logic ... ( read original story ...)
Crypto markets teeter with FTX after Binance abandons bailout
Cryptocurrency markets nursed heavy losses on Thursday, with bitcoin pinned near a two-year low as investors fretted about the fallout from the implosion of crypto exchange FTX.
Crypto Is Crashing. This Time, Blame FTX and Sam Bankman-Fried
Crypto experienced one of its worst days ever on Wednesday in the wake of the stunning collapse of the FTX exchange, a platform once hailed as one of crypto’s foremost success stories.FTX faces ...