Cryptocurrencies rallied for a second day, with Ethereum-related tokens leading gains, as risk aversion eases and optimism grows about the long-anticipated software upgrade of the blockchain network.
El Salvador still has plans for a bitcoin bond even as the country sees a 50% loss on its crypto investment
El Salvador has snapped up 2,381 bitcoins since making it legal tender last year, but it has taken a significant loss, Bloomberg data shows.
Martin Shkreli’s Crypto Startup Under Investigation by Two Separate Attorneys General
Pharma Bro Martin Shkreli is under investigation by two attorneys general for his new company, Druglike, which he says isn't a pharmaceutical company.
Crypto market stands like Nasdaq in the early 2000s. Here’s why
Nasdaq in the early 2000s? The current crypto market “looks very much like Nasdaq in the early 2000s after the washout,” IDX’s McMillan said in a phone interview. During the ...
Crypto scams must be reined in, Senate Banking Committee says
At a Senate Banking Committee hearing, Democrats and Republicans agreed that rampant crypto scams must be dealt with.
Crypto trading, lending platforms should offer similar customer protections as stock exchanges, warns SEC chairman Gary Gensler
Crypto trading and lending platforms should offer similar customer protections as stock exchanges provide, according to SEC Chairman Gary Gensler.
Crypto ‘citizen’s arrests’ may continue until Congress wrangles ‘Wild West’
The SEC, DOJ and Treasury are all patrolling the digital asset space. The CFTC is calling for unity. And lawmakers’ vision for a cohesive strategy just took a summer vacation.
Startup valuations slashed, crypto projects failed and billions lost: The private markets are crying out for a universal infrastructure
By Serkan Ferah, Founder and CEO of PitchSpace Since 2020, we have been witnessing a paradigm shift in the relationship amongst startups, capital and investors – both on a professional and retail ...
Gov’t: US Bank workers opened fake accounts for sales goals
For more than a decade, US Bank pressured its employees to open fake accounts in their customers' names in order to meet unrealistic sales goals, the Consumer Financial Protection Bureau said Thursday ...
Shinzo Abe’s assassination spotlights Unification Church links to Japan’s politics
The assassination, allegedly motivated by a grudge Abe's suspected killer held against the Unification Church, has put the relationship between Japan and the church under a new spotlight. ( read original story ...)
Japan’s Sakurajima volcano erupts, highest alert declared
Japan has issued its highest alert and begun evacuations after a volcano erupted on a southern island. Sakurajima volcano, located on the island of Kyushu, erupted on July 24, resulting in immediate ... ( read original story ...)
Large Scale Vacancies Emerge in Tokyo From Office Consolidations, Hybrid Work Models
According to global property consultant CBRE, Tokyo's office vacancy rate rose by 0.3 points quarter-over-quarter in Q2 2022, primarily due to new vacancies emerging as a result of office ... ( read original story ...)
Apple and Google come under scrutiny for scammy crypto apps
In letters to Apple CEO Tim Cook and Google CEO Sundar Pichai on Thursday, Sen. Sherrod Brown (D-OH) asked that the companies explain their processes in reviewing and approving crypto trading and ...
The regulatory framework is shaping up well for crypto, says Binance CEO
Changpeng Zhao, Binance CEO, joins 'Squawk on the Street' to discuss why he believes the $20k level for Bitcoin has been defended so staunchly, what the catalyst is for the next move in Bitcoin and ...
Miami mayor says crypto is the ‘slingshot’ to take on Silicon Valley: ‘We’re leaning into innovation’
Miami mayor Francis Suarez highlights the city's economic growth and crypto focus, which he argues will be the way to top California's Silicon Valley.
Cross-Chain Bridge Nomad Reveals Crypto Heavyweight Backers for $22.4M Funding Round
Cross-chain messaging protocol Nomad on Thursday revealed that a slate of crypto heavyweights participated in the $22.4 million seed round at a $225 million valuation that was announced in April. The ...