Category: FINANCE

China’s crackdown on cryptocurrency mining has extended to the southwestern province of Sichuan, according to reports. Bitcoin sank Monday on reports that China has intensified its crackdown on ... ( read original story ...)

Japanese major financial groups’ results for the financial year ended March 2021 (FYE21) were better than the companies’ targets, supported by revenue from tra ... ( read original story ...)

Crypto startups can raise funding from decentralized autonomous organizations, or DAOs in a matter of hours and get access to major investors. ( read original story ...)

China has broadened a crackdown on its massive cryptocurrency mining industry with a ban on mines in a key southwestern province. ( read original story ...)

After a successful fundraiser, Amber Group, a Hong Kong-based cryptocurrency startup founded by former Morgan Stanley traders, has raised $100 million, scoring a pre-money valuation of $1 billion. ( read original story ...)

Banks looking to expand into the wild world of crypto got a pointed reminder from regulators this month of the risks involved. ( read original story ...)

With Michael Phelps five years into retirement, the stage is set in Tokyo for Caeleb Dressel. Katie Ledecky is ready to extend her dominance, competing in four individual events plus relays at the ... ( read original story ...)

Asian shares fell on Monday as investors remained wary of a more hawkish stance from the U.S. Federal Reserve. ( read original story ...)

Japan's benchmark Nikkei Stock Average dropped to a one-month low on Monday morning after indications that the U.S. Federal Reserve could move away from ultra-easy monetary policies sooner than ... ( read original story ...)

Japanese stocks were on track for their worst decline in almost four months, extending losses from late last week as hawkish comments from the U.S. Federal Reserve crushed the reflation trade that had ... ( read original story ...)

HBOJohn Oliver kicked off his Sunday night edition of Last Week Tonight by addressing the deeply strange Biden-Putin summit where, when asked whether the meeting helped U.S.-Russia relations, Putin ... ( read original story ...)

Amber Group, a cryptocurrency financial services firm, has raised $100 million as investors rush to back companies in the industry. ( read original story ...)

A group of former Morgan Stanley traders has turned their cryptocurrency venture into a unicorn by bringing Wall Street strategies to the brave new world. ( read original story ...)

A Chinese city with abundant hydropower is said to have begun a sweeping clampdown on crypto mining firms this week. A Ya’an government official has told at least one Bitcoin miner that the city has ... ( read original story ...)

Coinbase cofounder Fred Ehrsam has warned "most" cryptocurrencies and crypto assets "won't work" and "90% of NFTs" will have "little to no value in three to five ... ( read original story ...)

Many crypto firms offer products that pay a yield often at a higher interest rate than traditional bank products. Here's how they work and what the risks are. ( read original story ...)