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Category: FINANCE

Posted on 24/08/2023

Decentralized applications (DAPPs): The future of crypto

Decentralized apps reshape crypto's future, from social media platforms to transparent global shipment tracking.

Posted on 24/08/2023

Tornado Cash crypto firm founders indicted for allegedly laundering money for North Korean hackers

Two co-founders of cryptocurrency giant Tornado Cash, one of them a Russian national and the other an executive in Washington state, have been charged with operating a crypto scheme that allegedly ...

Posted on 24/08/2023

SEC files charges against former New Jersey officer in crypto fraud scheme targeting first responders

The Securities and Exchange Commission filed civil charges against a former New Jersey police officer for his alleged involvement a crypto fraud scheme targeting first responders.

Posted on 24/08/2023

A Strong IPO Market Awaiting in 2024? ETFs in Focus

There is renewed optimism in the initial public offering (IPO) market. Normally IPO activity gains momentum in the second quarter, and peaks in June. And this year was also no exception to this trend.

Posted on 24/08/2023

$400 Putter Maker Becomes 2023’s Hottest IPO With 624% Gain, But Then Something Happened

The stock closed Tuesday trading at around $26 a share, good for a more than 600% gain, which made it 2023’s hottest IPO of the year. Sacks Parente’s stock was halted 19 times for volatility ...

Posted on 24/08/2023

SEC Crackdown Spurs Bitstamp to Stop US Crypto Staking Service

Bitstamp, one of the oldest digital-asset exchanges, will discontinue staking services in the US amid a crackdown on the product by the Securities and Exchange Commission.

Posted on 24/08/2023

SoftBank’s $60 Billion-Plus IPO Challenges Masayoshi Son’s ‘Crazy’ Talk

It’s not clear what Masayoshi Son’s real investment vision is these days. That’s a question that no one particular IPO can answer for SoftBank or its investors.

Posted on 24/08/2023

Japan’s Nikkei set for fourth session of gains as Nvidia lifts chip shares

Japan's Nikkei share average headed for a fourth straight session of gains on Thursday, the longest streak since mid-June, as U.S. chip designer Nvidia's record financial results lifted Japanese tech ...

Posted on 24/08/2023

Japanese Yen Makes a U-Turn, Will USD/JPY Extend Lower from Here?

The Japanese Yen has made a U-turn against the US Dollar. With a Double Top in focus on the 4-hour chart, is this the beginning of a broader USD/JPY reversal?

Posted on 24/08/2023

Japan Exchange Group CEO Yamaji flags economic side effects of “too weak Yen”

Hiromi Yamaji, Chief Executive Officer of Japan Exchange Group Inc. criticized the weaker Yen while citing the receding benefits of the softer currency.

Posted on 24/08/2023

Crypto market bounces off recent sell-off, bitcoin rises to $26,500

Bitcoin rose more than 2% to $26,517.09. The cryptocurrency has been hovering around the $26,000 level since breaking below it suddenly late last week and posted its worst week since May. Ether added more than 3% to trade at $1,

Posted on 24/08/2023

Binance.US turns to crypto startup MoonPay after U.S. banks sever ties: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.

Posted on 24/08/2023

Founders of crypto mixer arrested, sanctioned after US cracks down on Tornado Cash

U.S. government officials on Wednesday started cracking down on the co-founders of the virtual currency mixer Tornado Cash, just days after a federal judge decided that the government had the authority to sanction them.

Posted on 24/08/2023

One co-founder of crypto mixer Tornado Cash arrested, another sanctioned by U.S.

Tornado Cash was sanctioned in August 2022, accused of helping to launder more than $7 billion worth of virtual currency since its creation in 2019.

Posted on 24/08/2023

Mt Gox Bitcoin Exchange’s Karpeles Avoids Jail Time in Japan

Gox CEO Mark Karpeles speaks at a July 11, 2017, press conference at the Justice Ministry in Tokyo. Karpeles, the head of the failed Japan-based bitcoin exchange, was accused of inflating his account ...

Posted on 24/08/2023

Crypto market bounces off of recent sell-off, bitcoin rises to $26,500

Binance coin, the third largest crypto asset by market cap excluding stablecoins, gained 4%. Tokens tied to Ethereum competitors were up as well – Solana’s coin jumped 6%, while Cardano’s gained 5.5% and Polygon’s rose 4%.

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