The Cabinet of Ministers has adopted the regulations necessary to obtain an additional JPY 65 billion (about USD 500 million) of soft loan from Japan within the previously signed agreement. This is ... ( read original story ...)
Amid market turmoil, crypto exchange Kraken says it’s filling 500+ roles
While several major crypto trading platforms are making large-scale layoffs and freezing hiring, some of their rivals have rushed to reassure their staff and the public that they are sticking to their ... ( read original story ...)
As Crypto Tanks, Tech Veterans Question Blockchain’s Promise of Economic Salvation
Crypto fans say the technology promotes financial inclusion. Critics contend that the space is rife with predators putting unwary investors at risk. ( read original story ...)
Bitcoin Drops to $20,000 as Crypto Crash Continues
The descent into hell or the return to earth of cryptocurrencies unfortunately continues for many investors who continue to see the value of their portfolio melt. Bitcoin, the most popular digital ... ( read original story ...)
Bitcoin crashes further as crypto market losses top £300 billion in a week
The huge sell-off in the cryptocurrency markets sent the price of Bitcoin plummeting a further 10% overnight, taking it down to £16,653, while Ethereum dropped 16% to £846. The crypto crash has now ... ( read original story ...)
FirstFT: Crypto exchanges slash jobs amid market turmoil
The market value of the world’s 500 biggest crypto tokens has slumped from a high of $3.2tn in November to less than $1tn this week. Bitcoin, the most popular digital coin, has ... ( read original story ...)
Bitcoin slides again as crypto sell-off ramps up
Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and spurring a sharp fall in crypto markets sparked by crypto lender Celsius freezing customer withdrawals. ( read original story ...)
Crypto Hedge Fund Three Arrows Capital Addresses Liquidation Rumours
Cryptocurrency hedge fund Three Arrows Capital said on Wednesday it was committed to working things out, seemingly addressing social media chatter that it is facing liquidation issues. "We are in the ... ( read original story ...)
Japan’s Nikkei drops for 4th straight session, yen tumbles to 24-year low against USD
Japan's Nikkei extended its losing streak for a fourth straight session Wednesday, with the yen plunging to a 24-year low versus the U.S. dollar on expectations the U.S. Federal Reserve will further ... ( read original story ...)
Social Media Blamed For $1 Billion Lost In Crypto Scams
The United States Federal Trade Commission (FTC) has laid the blame for $1 billion being lost through crypto scams at the feet of social media platforms such as Instagram, Facebook, WhatsApp, and ... ( read original story ...)
Bitcoin tumbles as crypto sell-off accelerates
Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and spurring a sharp fall in crypto markets sparked by crypto lender Celsius freezing customer withdrawals. ( read original story ...)
Binance and FTX Continue to Hire Despite Employment Freezes at Crypto Firms
A looming recession has spooked crypto firms, along with dips in virtual asset prices. Binance, the world's largest cryptocurrency trading platform by volume, announced that it was “expanding hiring ... ( read original story ...)
The SEC’s Crypto Bait And Switch And Investors’ Loss Of $15 Billion
Hinman outlined a vision of decentralized tokens being free from registration; then the SEC hammered them for failing to register. ( read original story ...)
Bitcoin news – live: Crypto exchange Coinbase sacks staff amid price collapse
Bitcoin has crashed below $24,000, reaching its lowest levels since the end of 2020. More than $200 billion has been wiped off the entire cryptocurrency market on Monday morning. It is the latest in a ... ( read original story ...)
Softbank seals jumbo pre-IPO loan ahead of Arm’s listing
Allocations have been unveiled for a jumbo loan raised by SoftBank, ahead of the Japanese investment conglomerate's plans to list UK chip designer Arm before the end of March 2023. “The deal size was ... ( read original story ...)
Japan’s Nikkei hits one-month low on caution ahead of Fed rate decision
Japan's Nikkei index ended at a more than one-month low on Wednesday, extending losses for a fourth straight session, as investors awaited a U.S. Federal Reserve policy decision later in the day that ... ( read original story ...)