Bloomberg Tech

Asian stocks opened mixed Friday amid elevated bond yields following a spate on central bank rate hikes.

A trading platform that raised millions of dollars in a round backed by Steve Cohen’s Point72 Ventures is shutting down one of its digital-asset offerings.

Sequoia Capital partner Alfred Lin said if his venture firm was evaluating cryptocurrency exchange FTX again for the first time, it would likely make the same decision to invest in the now-bankrupt company.

Sequoia Capital partner Alfred Lin said if his venture firm was evaluating cryptocurrency exchange FTX again for the first time, it would likely make the same decision to invest in the now-bankrupt company.

Mitsubishi UFJ Financial Group Inc. is in talks with companies behind popular global stablecoins as well as other firms about issuing such tokens via the Japanese banking giant’s blockchain platform.

Major institutional investors are still far away from being able to participate in decentralized finance, according to an executive at BlackRock Inc.

San Francisco Mayor London Breed called on investors to redevelop the city’s struggling downtown core by converting or even demolishing empty buildings to make way for new growth.

Silicon Valley’s biggest names descended on Washington Thursday as President Joe Biden sought to strengthen tech industry ties between the US and India at a state dinner honoring Indian Prime Minister Narendra Modi.

US President Joe Biden and Indian Prime Minister Narendra Modi announced a series of defense and commercial deals designed to improve military and economic ties between their nations during Thursday’s state visit at the White House.

Asia is fast becoming the new center of gravity for cryptocurrency markets.