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Posted on 15/11/2022

Sam Bankman-Fried was hailed as a crypto wonder child. What happened?

Bankman-Fried promoted himself as an eccentric genius. In reality, his image was a distraction from what was going on inside FTX ...

Posted on 15/11/2022

FTX Debacle Could Drag Down Decentralized Crypto Too

Decentralized finance doesn’t provide a solution to many of crypto’s deeply-rooted problems, nor will it be left alone by regulators.

Posted on 15/11/2022

FTX Accounts Drainer Swaps Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder

Some $27 million worth of ether was converted to the DAI stablecoin, while funds on the BNB Chain were converted to ether and bridged to the Ethereum network.

Posted on 15/11/2022

Who is Binance founder Changpeng ‘CZ’ Zhao, the billionaire who wants to ‘rebuild’ crypto?

Binance founder and CEO Changpeng Zhao is once again in the global spotlight, this time as the self-appointed white knight of crypto as the industry is embroiled in crisis.

Posted on 15/11/2022

FTX failure may strengthen case for more robust crypto regulation

The spectacular collapse of major cryptocurrency exchange FTX is prompting calls for stronger regulation in Congress, where some bipartisan proposals are being characterized as too industry friendly.

Posted on 15/11/2022

After FTX’s collapse, VCs across industries are finally acknowledging crypto’s failures — and they’re preparing for ‘more blows’ to come

After FTX's bankruptcy, venture capitalists are acknowledging crypto's shortcomings, rethinking investments, and preparing for backers to step away.

Posted on 15/11/2022

Japan unicorn Opn buys MerchantE to enter U.S. online payment sector

"Besides financial institutions that participated in the financing (for the deal), Japan Bank for International Cooperation and governmental funds such as Japan Investment Corp gave us strong support ...

Posted on 15/11/2022

Bank Stocks, Stronger Yen Drive Tokyo Equities Into Green

MT Newswires Primary Image Tokyo's finance-sector stocks finished up 0.8% on the day, reported TradingView. The yen traded to 139 to the US dollar after having nearly reached 150 to the greenback in ...

Posted on 15/11/2022

U.S., Japan and partners mobilise $20 billion to move Indonesia away from coal

By David Lawder and Valerie Volcovici NUSA DUA, Indonesia/SHARM EL-SHEIKH, Egypt (Reuters) - A coalition of countries will mobilise $20 billion of public and private finance to help Indonesia shut ...

Posted on 15/11/2022

US, Japan and EU unveil $20 billion plan to wean Indonesia off coal

The U.S., Japan and a suite of other partners on Tuesday unveiled a $20 billion plan to help Indonesia curb reliance on coal-fired power in the world's fourth-most populous country. Why it matters: ...

Posted on 15/11/2022

Japan to resume offshore wind auctions in December with revised rules

Japan plans to resume public auctions for offshore wind power projects in December under revised rules aimed at encouraging a wider range of operators and accelerating the development of ...

Posted on 15/11/2022

Japan lifts Covid-19 ban on international cruise business

The ban was enforced in March 2020 after the 2,670-berth Diamond Princess (built 2004) was quarantined at the Port of Yokohama with a massive Covid-19 outbreak. The incident was eventually to claim ... ( read original story ...)

Posted on 15/11/2022

Japanese capital always had art, ‘we just didn’t know how to present it’, says Art Week Tokyo founder

The Japanese capital is not known as a hub of contemporary art, but Art Week Tokyo is changing perceptions by making it easier to see exhibitions. ( read original story ...)

Posted on 15/11/2022

Japan to reopen to cruise ships after 2 1/2-year ban

Japan is lifting a more than 2 1/2-year ban on international cruise ships that was imposed following a deadly coronavirus outbreak on the cruise ship Diamond Princess at the beginning of the pandemic ... ( read original story ...)

Posted on 15/11/2022

Inpex to trial blue hydrogen and ammonia production in Japan

Japan's biggest oil and gas explorer, Inpex Corp , said on Tuesday it will build facilities to produce hydrogen and ammonia using its domestically produced natural gas in Kashiwazaki, northern Japan, ... ( read original story ...)

Posted on 15/11/2022

Japan Kishida calls for French cooperation on free, open Indo-Pacific

Japanese Prime Minister Fumio Kishida told French President Emmanual Macron on Tuesday that Tokyo hopes to strengthen cooperation with France toward achieving a "free and open Indo-Pacific." ... ( read original story ...)

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