The nation’s individual investors are desperate to shift their money out of the country—and they are willing to pay a big premium to do so.
Crypto fans got what they wanted. So why is bitcoin falling?
Cryptocurrencies were rising late last year in anticipation that the first-ever spot bitcoin ETFs would receive regulatory approval. But once they received the go-ahead, bitcoin fell.
North Korean-Linked Hackers Are Targeting Crypto Platforms More But Stealing Less, Report Says
The number of North Korean-linked hacks of cryptocurrency platforms rose to a record high in 2023, though the actual amount of funds stolen dropped around 40%, a report Wednesday from blockchain analysis firm Chainalysis Inc.
Chinese Investors Are Pouring Into the U.S., Japan
Chinese individual investors are desperate to shift their money out of the country—and they are willing to pay a big premium to do so. The best example of their desperation: Some this week have been ...
How Japan is helping America’s youth leave home
The emergence of these lean, cheaply-capitalised and customer-hungry Japanese buyers has, says Whelan, created a distinct new “tension” in the US homebuilding sector: consolidation is in the air, with ...
North Korean hackers targeting crypto more but stealing less: report
The number of North Korean-linked hacks of cryptocurrency platforms rose to a record high in 2023, though the actual amount of funds stolen dropped around 40%, a report Wednesday from blockchain ...
A Colorado pastor says God told him to launch a crypto venture. He’s now accused of pocketing $1.3 million from his followers
Last April a Denver pastor launched a cryptocurrency, INDXcoin, with sales pitches filled with prayer and quotes from the Bible. Now he and his wife are accused of pocketing $1.2 million from ...
Japan’s Nikkei falls as BOJ policy shift prospects weigh
TOKYO: Japan's Nikkei share average fell further on Thursday as market participants firmed up bets that the Bank of Japan (BOJ) will exit stimulus in coming months. The Nikkei had slipped 0.4% to ...
Japan’s top forex diplomat vigilant to market impact from BOJ stimulus exit
TOKYO (Reuters) - Japan's top currency diplomat Masato Kanda said he was ... and will continue to do so," he added. As vice finance minister for international affairs, Kanda oversees currency policy ...
Japan Bond Yields, Bank Shares Jump on BOJ Rate Hike Bets
Japanese government bond yields and bank stocks jumped Wednesday as investors decided that monetary policymakers are on track to scrap negative interest rates in the near term after all.
Could The 2024 Elections Be A Turning Point For Crypto In The US?
The 2024 elections could result in progress toward the crypto industry's desired regulatory clarity as perceptions of the sector have become increasingly polarized.
Why Does Maxine Waters Care About Meta’s Crypto Trademarks?
The California Democrat wants to know what the Silicon Valley tech giant has planned for digital assets, raising the question whether the battered firm is taking another look at blockchain.
Hedge Funds Are Playing a Dangerous Game on Japan and China
Chief Investment Officer Chua Soon Hock was bearish on Japanese equities and bullish on Chinese stocks, and he was caught out by a sharp selloff in the Hang Seng Index and an equally impressive rally ...
Bitcoin’s Volatility Continues; Japan Wants New Web3 Rules
Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy ...
Report: AI, crypto drive spike in data-center energy demands
Global data-center energy consumption may equal that of the entire country of Japan in two years, demanding technological and regulatory improvements to drive greater efficiency. Credit: Shutterstock ...
North Korea crypto hacking activity soars to record high in 2023, new report shows
A new Chainalysis report on Wednesday showed that North Korea-linked attackers hacked a total of 20 crypto platforms last year – the highest level recorded from 2016 to 2023. "North Korea-linked hacks have been on the rise over the past few years ...