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Category: FINANCE

Posted on 08/09/2023

Crypto Miners’ New Hustle: Get the State to Pay Them to Shut Down When It’s Hot Out

Crypto mining company Riot Platforms has revealed that it got $31.7 million in energy credits in August alone from Texas power grid operator ERCOT, CNBC reports — simply by cutting down on its massive ...

Posted on 08/09/2023

A 4th FTX executive pleads guilty over crypto exchange’s collapse ahead of Sam Bankman-Fried’s trial

Salame is the fourth top official in the exchange to plead guilty to charges brought by the US Attorney's office in Manhattan. Sam Bankman-Fried, the company's former CEO and founder, is scheduled to ...

Posted on 08/09/2023

Mizuho’s Katz Aims for Wall Street Big Leagues With Arm IPO

Landing Arm Holdings Ltd.’s giant initial public offering is a coup for Mizuho Financial Group Inc., one of the four global investment banks leading this year’s biggest deal. Now the Japanese firm ...

Posted on 08/09/2023

22-year-old who lost $80,000 in crypto: ‘I was investing with money I didn’t necessarily have’

Between November 2021 and June 2022, Nguonly says he lost about $80,000 by investing in crypto on margin. His losses include $30,000 of his original investment and an estimated $50,000 in unrealized ...

Posted on 08/09/2023

Cathie Wood’s ARK Invest makes unexpected crypto move with ethereum ETF filing

A new SEC filing from ARK and 21Shares to offer an ethereum spot ETF could have a major impact on the crypto market.

Posted on 08/09/2023

Bank of Japan policymaker calls for keeping ultra-easy policy, sets high bar on exit

Bank of Japan board member Junko Nakagawa said on Thursday the central bank must maintain ultra-loose monetary policy for the time being.

Posted on 08/09/2023

Former FTX Executive Ryan Salame Expected to Plead Guilty in Crypto-Exchange’s Collapse

Salame would be the fourth associate of FTX founder Sam Bankman-Fried to plead guilty.

Posted on 08/09/2023

Japan’s Itochu to invest in battery farms for renewable energy

TOKYO -- Japanese trading house Itochu will invest in the business of battery farms storing energy from renewable sources, Nikkei has learned. Widespread use of such large-scale storage could lead to ...

Posted on 07/09/2023

Experts link LastPass security breach to a string of crypto heists

Security experts are claiming that some of the LastPass password vaults stolen during a security breach near the end of 2022 have now been cracked open following a string of six-figure cryptocurrency ...

Posted on 07/09/2023

Crypto Spot Market August Trading Volume Hits 4.5-Year Low as Volatility Fails to Spur Activity

Aggregate crypto spot and derivatives trading volume contracted 11.5% to $2.09 trillion in August.The low spot-trading volume and fluctuations in ...

Posted on 07/09/2023

First Mover Americas: Crypto Trading Volume Hits 4-Year Low

Crypto spot trading is at its lowest level since March 2019, according to digital assets data provider CCData, shedding some light on the soporific state of the market. Spot trading volume on ...

Posted on 07/09/2023

New Crypto Presale Under $1 on Binance Smart Chain With High Staking APY – $BTCBSC

While Bitcoin’s price is declining, a newly-launched BEP-20 token with high staking rewards, Bitcoin BSC, has surpassed the $100k milestone in its presale. With the aim of providing investors an ...

Posted on 07/09/2023

Bitcoin’s Low Volatility Keeps Crypto Prices Under Pressure

Digital assets continue to exhibit low levels of volatility as traders remain on the sidelines. It's not good for crypto.

Posted on 07/09/2023

Depressed Crypto Markets, Regulatory Risks Fail to Dissuade Asset Managers From Investing

The hazy regulatory environment and depressed crypto markets are doing little to curb asset managers' interest in digital assets, according to ...

Posted on 07/09/2023

StanChart analyst makes the case for Japan’s Topix, Nikkei 225

The Topix and the Nikkei 225 indices have done great this year and analysts at Standard Chartered believe that there is more upside. Data by TradingView shows that the Topix index was trading at ...

Posted on 07/09/2023

Japanese stocks attract biggest weekly foreign inflows in 2-1/2 months

Data from Japanese exchanges showed foreign investors purchased a net 979.35 billion yen ($6.64 billion) worth of Japanese equities ...

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