Though bitcoin prices have plunged to the lowest level in two years, Ark Invest, the investment firm helmed by high-profile stock picker Cathie Wood, has doubled down on the struggling sector in the ...
‘Headed For Oblivion’—$800 Billion Crypto Price Shock Sparks Fears Of Catastrophic End For Bitcoin And Ethereum
Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the latest bitcoin and crypto market crash The bitcoin price has dropped under $15,500 per bitcoin while the ...
Coinbase bonds dragged lower as crypto market slumps
Coinbase Global's bonds have fallen heavily, and its shares have hit record lows, as investors ditched crypto following rival FTX's collapse earlier this month.
Collapsed crypto exchange FTX has about $1.24 billion of cash in total — but still owes at least $3.1 billion
Alvarez & Marsal, which is advising FTX, said teams identified "substantially higher cash balances" than were initially known.
Bitcoin hits 2-year low as $1.4 trillion wiped off crypto market this year after FTX collapse
Bitcoin on Tuesday hit a two-year low as the cryptocurrency market takes a bruising following the collapse of major exchange FTX.
FTX founder Sam Bankman-Fried: What to know about the ex-crypto exec
Sam Bankman-Fried co-founded the FTX trading platform in May 2019 after launching Alameda Research with friends two years earlier. Here are fast facts about the former crypto executive.
Japan to grant emergency approval to Shinogi COVID-19 drug
Japan on Friday said it would grant emergency approval to Japanese drugmaker Shionogi & Co Ltd's COVID-19 drug, making it the first domestically developed oral drug for patients with mild symptoms. ( read original story ...)
Fanatics expands its Nike sports merchandise deal to Yomiuri Giants, Japan’s most popular baseball team
Fanatics is expanding its partnership with Nike to manufacture sports merchandise for the Yomiuri Giants, Japan's most successful and popular baseball team. ( read original story ...)
Search underway as magnitude-5.6 earthquake leaves over 200 dead in Indonesia
The 5.6-magnitude quake hit the Cianjur region in West Java about 1:21 p.m. local time on Monday at a depth of 10 kilometers (6.2 miles), according to the United States Geological Survey (USGS), ... ( read original story ...)
How do you slice a billion-dollar crypto bankruptcy pie?
The 50 biggest claims against FTX total $3.1bn. Now a US court has to determine who gets what – if anything. Plus, what will be more valuable by the end of the year: Musk’s stake in Twitter, or a lettuce?
Miami’s Crypto Bet May Fail, But It Was Worth the Gamble
The city has wisely spread around its wagers on an economic future beyond tourism and real estate. Digital currency was just one of them.
Bitpanda obtains German crypto license as crypto platforms want to prove they are legit
All eyes are currently on the collapse of FTX in the crypto industry. That’s why today’s news from Bitpanda is an important signal for the Austrian unicorn company. Bitpanda has received a crypto license from Germany’s financial regulator (BaFin).
Crypto And Tax In Australia: Everything You Need To Know
Yes, you must pay tax on your crypto if you hold it as an investment. In crypto investors’ ideal world, taxes wouldn’t apply to digital currency; however, as the federal gover
Roundup: Japan’s Nikkei ends higher as yen’s retreat lifts exporters
Japan's benchmark Nikkei stock index closed higher Tuesday, as the yen's weakness against the U.S. dollar gave exporters a boost, while investors bought back oversold issues to cover short positions ...
Japan panel: With sweeping defense buildup, financial burden unavoidable
Kishida's governing party wants to double Japan's current defense budget to about 10 trillion ($70 billion) in the next five years ... ( read original story ...)
Senior politicians part of “landmark” Salt Lake City presentation to IOC on bid to host 2030 Winter Olympics
Officials from Salt Lake City and Sapporo in Japan, the two candidates for the 2030 Games, are expected to deliver 50-minute presentations during a virtual meeting before responding to any questions. ( read original story ...)