TOKYO - Japan's real wages fell at their fastest rate - 3.8 percent - in more than eight years in November as a result of higher inflation, while nominal pay growth slowed despite rising for the ... ( read original story ...)
Biden signs law to help preserve Japanese American WWII incarceration camps
The stories of so many who unjustly lost their freedom, lost property, and were forcibly uprooted from their homes should be a constant reminder of our duty to uphold the rights of every American,” co ... ( read original story ...)
Crypto firms off to rocky start in 2023 with outflows, layoffs and a lawsuit
The crypto industry's woes continued on Thursday as plunging deposits, layoffs and a lawsuit added to the tumult of 2022, which was dominated by sinking prices and high-profile bankruptcies. The ...
Why crypto fraud is a game of whack-a-mole
There's an old Warren Buffett quote that's become something of a cliché: "You only find out who is swimming naked when the tide goes out." ...
FTX Collapse May Claim Another Big Victim: Crypto Lender Genesis
For the crypto industry the year 2023 continues right along from the year 2022. It's in step with the devastation caused by the fall of former crypto king Sam Bankman-Fried's empire. This empire ...
Crypto lender Genesis Trading lays off 30% of workforce
Barry Silbert's Genesis Trading reduced headcount by 30%, or 60 jobs, as the crypto lender fends off a potential bankruptcy filing after the collapse of FTX.
Crypto is ringing in the New Year with new lawsuits and new chaos
To get a roundup of TechCrunch’s biggest and most important crytpo stories delivered to your inbox every Thursday at 12 p.m. PDT, subscribe here. Welcome back to Chain Reaction and Happy New Year! As ...
Settlement reached in Osaka suit over malpractice involving birth ball
An obstetrics and gynecology clinic in Osaka has settled a malpractice suit filed by a couple after the wife fell from a birthing ball and suffered a uterine rupture, resulting in the birth of a baby boy with severe disabilities who later died. ( read original story ...)
Silvergate’s ‘worst-case scenario’ fuels wider concern on crypto
Silvergate Capital made one of the U.S. banking world’s biggest bets on crypto. Now it’s reeling from a run on deposits and a massive loss, intensifying fears the collapse of FTX may seep elsewhere into the financial system.
Speculation grows as to whether Naomi Osaka will play the Australian Open
The first tennis grand slam of the year is fast approaching and a host of the sport's leading players are Down Under fine tuning their preparations for the Australian Open. ( read original story ...)
Mark Cuban Warns of Potential New Crypto Scandal and Fraud
One aspect common to all these crypto scandals is that the big names and players in the sector get spattered by the mess. No one is immune. It all started last May when sister cryptocurrencies Luna and UST,
Factbox: From BlockFi to Genesis, crypto firms reel from exposure to FTX
After the collapse of major cryptocurrency exchange FTX, the industry has felt a ripple effect due to the exposure of many companies to FTX and its affiliated trading firm Alameda Research. FTX founder Sam Bankman-Fried on Jan.
The Unrelenting Roar of a Crypto Mine Tore This Town Apart
But over the last few months, Lynell had become enmeshed in local politics after a cryptocurrency mine set up shop in their town of Murphy, North Carolina, in September 2021. “Mine” is a misnomer, as these facilities are clusters of computing units,
France’s Villeroy Urges Obligatory Licensing for Crypto Firms
Bank of France Governor Francois Villeroy de Galhau urged tougher regulatory requirements for crypto firms, in what could be a setback for an industry seeking to secure a stronger foothold in Europe.
Earlyworks Kicks Off U.S. IPO Process
Earlyworks has filed for U.S. IPO. It is developing blockchain and distributed ledger technologies for various applications. Read more on ELWS IPO here.
Japan Minister Calls for New World Order to Counter Rise of Authoritarian Regimes
Japan's trade and industry minister said on Thursday post-Cold War free trade and economic inter-dependence had bolstered authoritarian regimes and urged the United States and other like-minded democracies to counter them with a "new world order. ( read original story ...)