Japan has room to raise some tax rates to increase revenue and take other “revenue mobilization” steps, the International Monetary Fund said Thursday. ( read original story ...)
Crypto vs Subprime Mortgage: Deja Vu All Over Again?
"I'm seeing uncomfortable parallels with the subprime crisis of the 2000s," Nobel prize-winning economist Paul Krugman wrote in an opinion piece published in the New York Times. "No, crypto doesn't ... ( read original story ...)
Crypto.com hires LeBron James in its $1 billion bid to become as big as Instagram
Basketball star LeBron James is the latest celebrity to team up with cryptocurrency exchange Crypto.com on its splashy marketing blitz that already includes actor Matt Damon and naming rights for a ... ( read original story ...)
LeBron James partners with Crypto.com to teach kids blockchain technology
The crypto platform is teaming up with James's I Promise School to educate students on cryptocurrency and blockchain ... ( read original story ...)
Katie Haun’s crypto fund has hired Airbnb’s Chris Lehane
The former Andreessen Horowitz partner has been on a hiring spree for her fund, which only has a placeholder name, KRH Partners, but is already making investments. ( read original story ...)
Tesla and other major public companies sunk billions into crypto and now they’re taking a big hit
If publicly listed companies are going to be trading in Bitcoin as a hedge against inflation, they might have to strap in for many more market swings. ( read original story ...)
Economist Paul Krugman says there are ‘uncomfortable parallels’ between the recent crypto slump and the subprime mortgage crisis
Complex financial products being peddled to investors least equipped to handle the risks is an echo of the last financial crisis, Krugman wrote. ( read original story ...)
LeBron James announces pact with Crypto.com for Web3 educational project
LeBron James and his foundation announced a new partnership with Crypto.com that will see the company offer educational opportunities centered around Web3. Crypto.com is just one week out from a ... ( read original story ...)
Visa says crypto-linked card usage hit $2.5 billion in its first quarter
"People are using their crypto-linked cards to spend in a variety of ways — retail goods and services, restaurants, travel," Visa CFO Vasant Prabhu told CNBC. ( read original story ...)
IMF raises alarm over Japan’s massive pandemic spending
Japan's policy response to the pandemic has been "exceptionally strong," the International Monetary Fund said on Friday, but warned against its repeated use of supplementary budgets that has led to a ... ( read original story ...)
UAE – JETRO Osaka (Japan External Trade Organization): Making an Innovation Movement From Osaka
In this region, particularly on the Osaka Gulf Coast, there is a cluster of companies and research institutes related to the environmental and new energy industries. Also, throughout Osaka City, ... ( read original story ...)
Plush Beijing Olympics beds put Tokyo’s cardboard mattresses to shame
US luge athlete Summer Britcher undoubtedly made summer 2020 Olympians — who infamously slept on cardboard in Tokyo — jealous after revealing that the beds at the 2022 Winter Olympics are ... ( read original story ...)
Hostage dead after 11-hour standoff in Tokyo
One hostage has died while another remained unconscious in the hospital after Japanese police arrested a man in a standoff near Tokyo on Friday morning. A 66-year-old man attacked three medical ... ( read original story ...)
How Japan Is Promoting Ocean Sustainability Through Science And Startups
In Japan, scientists and entrepreneurs are applying leading-edge science and technology to change our relationship with oceans and protect them, and our planet, for future generations. ( read original story ...)
US lawmakers probe into crypto mining companies’ energy use
Democratic lawmakers are pushing Bitcoin mining companies in the US to divulge how much electricity they use in an effort to assess how that will impact nearby residents and the environment. Eight ... ( read original story ...)
Crypto Rocked Again: Wonderland CFO Is Ex-Convict Tied to Defunct Exchange
This latest scandal touches on something sacred for the crypto space: secrecy and anonymity. The chief financial officer of the decentralized-finance project Wonderland, one of the most prominent in ... ( read original story ...)