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Cryptoverse: Bitcoin Investors Take Control
by Jan. 24 (Reuters) – Paranoid? The domino downfall of FTX and other cryptocurrencies is enough to make the most trusting investor grab their bitcoin and …
Tag: TMT
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Bankrupt crypto lender Genesis optimistic that it can resolve creditor disputes
NEW YORK, Jan 23 (Reuters) – A lawyer for bankrupt Genesis Global Capital said on Monday the cryptocurrency lender had some confidence it could resolve …
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Crypto lending unit of Genesis files for US bankruptcy
Jan 19 (Reuters) – The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection from creditors on Thursday, toppled by a market disruption …
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China’s video game makers are coming in from the cold as the crackdown eases
HONG KONG, Jan 20 (Reuters) – China’s end to a sweeping crackdown on the video game market is expected to breathe life back into the …
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FTX says $415 million in crypto was hacked
Jan 17 (Reuters) – Bankrupt cryptocurrency exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen …
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Taiwanese chip maker UMC is imposing strict cost controls amid weak demand
Revenue in the 4th quarter +14.8% y/y, -10% q/q 2023 capex $3 billion versus $2.7 billion in 2022 “Challenging environment” will persist in Q1 TAIPEI, …
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Israel’s Cognyte won tender to sell intercept spy software to Myanmar before coup documents
SINGAPORE, Jan 15 (Reuters) – Israel’s Cognyte Software Ltd ( CGNT.O ) won a tender to sell interception spyware to a Myanmar state-backed telecommunications firm …
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TSMC defies chip slump with record Q4; cuts 2023 capex as demand weakens
Q4 earnings T$295.9 billion vs T$289.44 billion analyst view Fourth-quarter revenue increased 26.7% from a year earlier to $19.93 billion Sees 2023 capex of $32-36 …
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Exclusive: Apple supplier BOE plans new factories in Vietnam
HANOI, Jan 11 (Reuters) – Chinese display maker BOE Technology Group Co Ltd ( 000725.SZ ), a supplier to both Apple Inc ( AAPL.O ) …
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Cryptoverse: Bitcoin digs in for a bumpy new year
Jan 10 (Reuters) – Bitcoin looks stable in 2023. But it’s only been a week. Cryptocurrencies have crept into the new year licking their wounds …