W hen Caroline Ellison strode into court this week to testify against one-time romantic and business partner Sam Bankman-Fried, I felt several things as a woman who has built a company in the same ...
Warren Buffett Revealed To Be Quietly Make Bank From Bitcoin And Crypto Amid Price Swings
A new analysis of Warren Buffett's Berkshire Hathaway stock portfolio has revealed the Oracle of Omaha's best-performing investment this year is bitcoin and crypto-friendly ...
Hamas uses crypto to raise money. Elizabeth Warren has a plan for that.
Hamas was an early adopter of using cryptocurrencies for financing, according to TRM Labs, a blockchain intelligence company. Though most of the group’s funding comes from other sources, groups linked ...
Netmarble’s Marblex Listed on Japan’s Zaif Crypto Exchange
Marblex, the blockchain unit of South Koreas Netmarble Corp. game developer, took a huge step to increase its presence in the Japanese Web 3.0 market. It has listed the company on Japans ...
Request Finance Hits $400M Milestone in Crypto Payments, Unveils the Ultimate Guide to Crypto Treasury Management
SINGAPORE, Oct. 13, 2023 /PRNewswire/ -- Request Finance, the leading enterprise crypto payments app, has achieved a remarkable milestone, processing over $400 million in crypto invoices, payroll, and ...
Japan’s Nikkei snaps win streak on Fed jitters; Uniqlo owner’s rally caps losses
Even with Friday's sizeable selloff, the Nikkei still gained 4.26% for the week, snapping a three-week losing run ...
It was Bankman-Fried’s decision to raid billions from sister crypto company, star witness testifies
Fried’s federal fraud trial that in the final days of Alameda Research, she admitted wrongdoing to her employees in an all-hands meeting, telling them the decision to borrow funds from customers of ...
Japan’s banking regulator to order report on glitch from network operator
NHK has learned that Japan's banking regulator will order the operator of a major interbank payment system to submit a report about a recent extensive system glitch.
Japan’s Zenkin Net Faces Nationwide Disruption, Affecting Over 2.55 Million Transactions
Nationwide Disruption in Japan’s Banking Network In a major breach of Japan’s banking infrastructure, the country’s interbank network, Zenkin Net, experienced a significant system malfunction. The ...
Asia-Pacific stocks set to fall ahead of China inflation data
Asia-Pacific markets are set to fall ahead of China’s inflation and trade data for September. China is slated to release inflation numbers early Friday. Analysts polled by Reuters expect the country’s ...
This Week In Credit Card News: Hamas Funded Attack Through Crypto; Are Your Credit Card Rewards At Risk?
The Consumer Financial Protection Bureau is preparing to take a closer look at credit card rewards programs. CFPB Director Rohit Chopra said his agency is eyeing new guidance for how the Electronic ...
FTC sues bankrupt crypto company Voyager’s CEO over false FDIC insurance claims
After settling on Thursday with the Federal Trade Commission (FTC), bankrupt crypto company Voyager is permanently banned from handling consumers' assets. When a bank or financial service is FDIC ...
Investors Prefer Market-Based Security For Crypto To Legal Protections
Market-based improvements to cryptocurrency safety are more likely to draw wary investors to digital assets than better regulation, a recent survey covering nine countries found.
Account Labs raises $7.7M as FTX’s demise leads to crypto self-custody growth
The unraveling of FTX's misuse of customer funds also exposed the risks of using crypto wallets controlled by centralized trading platforms, prompting users to seek self-custodial wallets. While FTX's demise and the subsequent troubles of its affiliated companies have dampened the crypto market,
Japan’s first bank-supported digital currency, DCJPY, to go live in July 2024
As economies continue to digitize, Japan is set to launch its first bank-backed digital currency in 2024. On October 12, digital currency and electronic payments business DeCurret Holdings released a ...
Despite Sam Bankman-Fried’s Trial, Crypto Firms’ Marketing Message of Financial Freedom Still Resonates
Many observers see the trial of Sam Bankman-Fried, founder and former CEO of now-bankrupt crypto exchange FTX, as a referendum on the industry, which has recently inched closer to mainstream ...