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Category: FINANCE

Posted on 10/06/2023

Feds charge two men for the $400 million Bitcoin hack that took down Mt. Gox

The US federal government has charged two Russian nationals in connection with the series of hacks that brought down the Mt. Gox Bitcoin exchange in 2014. In a press release on Friday, the Department ...

Posted on 10/06/2023

DOJ reveals identity of Russian hackers believed to be behind epic Mt. Gox bitcoin theft

The men are charged with orchestrating what was then the largest cryptocurrency hack in history — a theft that would amount to nearly $18 billion today.

Posted on 10/06/2023

Crypto.com to Close US Institutional Service Amid SEC’s Crypto Crackdown

Singapore-based cryptocurrency exchange Crypto.com said Friday that it will wind down its institutional service in the States.

Posted on 10/06/2023

Japanese investors plan to sue MUFG unit over Credit Suisse bonds, Nikkei reports

A group of Japanese investors are planning to file lawsuits against some brokerages based in the country, including Mitsubishi UFJ Morgan Stanley Securities, over their sale of AT1 bonds issued by Credit Suisse Group AG ,

Posted on 10/06/2023

This startup will quit your job on your behalf and save you the guilt trip—all for $144

In an interview with Al Jazeera published on Wednesday, Exit’s founder Toshiyuki Niino said many employers in Japan “give you a guilt trip” and attempt to convince workers to stay when they hand in ...

Posted on 10/06/2023

Gensler can destroy the U.S. crypto industry but he can’t kill crypto

Even after the Securities and Exchange Commission launched a double-barreled assault on the industry with lawsuits against its two most important companies, crypto prices barely budged. On Monday, ...

Posted on 10/06/2023

Their Crypto Company Collapsed. They Went to Bali.

The implosion of Three Arrows Capital, a cryptocurrency hedge fund, devastated the industry. Its two founders spent the next year surfing, meditating and traveling the world.

Posted on 10/06/2023

Binance.US to Stop U.S. Dollar Withdrawals and Become ‘Crypto-Only’ Amid SEC Lawsuit

The U.S. arm of the world's largest crypto exchange is suspending transactions in U.S. dollars in response to a SEC lawsuit.

Posted on 10/06/2023

Robinhood Removes 3 Crypto Tokens Following Regulatory Crackdown

Robinhood Markets Inc. will remove three tokens from its crypto trading platform, after a high-profile regulatory crackdown on some of the industry’s biggest exchanges.

Posted on 10/06/2023

US targets Binance and Coinbase – is the government ready to regulate crypto?

Regulators have been confused about whether cryptocurrency is a security or a commodity, but clarity appears imminent ...

Posted on 10/06/2023

SEC Crypto Action Leaves Stablecoins in Limbo

Authorities have still not made clear when stablecoins are considered securities or how they will be regulated.

Posted on 10/06/2023

Binance’s U.S. subsidiary pauses dollar deposits in wake of SEC lawsuit, says it’s becoming a ‘crypto-only exchange’

The SEC sued Binance on Tuesday, alleging 13 counts that included the mishandling of customer funds and offering unregistered securities.

Posted on 10/06/2023

Wealthy Investors Are Piling Into Japanese Stocks

Bank of America's high-net-worth clients are making big bets on Japan. The bank said its private clients, who together have about $3.1 trillion in assets under management, have been predominantly buyi ...

Posted on 09/06/2023

SEC Chair Gensler Says Crypto Is Rife With ‘Hucksters, Fraudsters, Scam Artists’

Gary Gensler is stepping up his language amid a wider crackdown on the crypto industry which intensified last week with a pair of fresh lawsuits.

Posted on 09/06/2023

What’s the Best Use for Crypto? Let AI Figure It Out

Web 3.0 is mostly forgotten now, but the ideas behind it will regain their relevance as bots become more common.

Posted on 09/06/2023

Roundup: Japan’s Nikkei ends higher on hopes Fed may ease, skip rate hike

Japan benchmark Nikkei stock index closed higher Friday following gains made on Wall Street overnight on speculation the US Federa ...

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