Japan’s banking giant Nomura tightens crypto risk controls as market setbacks hit European operations

Nomura Holdings, Japan’s largest investment bank and brokerage firm, has stepped up risk management in its crypto business following losses in Europe linked in part to digital asset market setbacks. CFO Hiroyuki Moriuchi made the comments during a Friday conference call, noting the measures are intended to limit short-term swings in earnings. Despite reducing exposure…

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OnlyFans is in talks to sell a stake: report

London-based subscription platform OnlyFans is reportedly negotiating the sale of a 60% stake to California private equity firm Architect Capital. Summary OnlyFans is reportedly selling a 60% stake. Fenix International, OnlyFans’ parent company, invested about $19.9 million in Ethereum during 2021–2022. By November 2022, falling crypto prices caused an $8.45 million impairment; whether the company…

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Another ATL or Significant Rebound

What lies ahead for the PI token next week, according to Gemini. It was a painful week for most of the cryptocurrency market, but Pi Network’s native token found a way to dig another (actually several) hole. In the span of just 72 hours or so, the asset plummeted to numerous consecutive all-time lows….

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Global Sell-Off Hits Metals And Crypto As Binance Open Interest Returns To Pre–October 10 Levels

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The crypto market has come under heavy selling pressure amid a sharp deterioration in global risk sentiment. According to a CryptoQuant report, the latest downturn unfolded alongside a broader cross-asset sell-off, where traditional safe havens and risk assets were both hit. Gold…

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What crash? Binance’s CZ rejects claims platform caused $19b crypto crash

Changpeng “CZ” Zhao, co-founder and former CEO of Binance, defended the world’s largest cryptocurrency exchange against accusations that it played a central role in last October’s $19 billion market crash. Speaking in a live ask-me-anything session on Binance’s platform, Zhao called such claims “far-fetched” and said they ignore broader market dynamics, Bloomberg reports. Summary Zhao…

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