Three Arrows Capital fell into liquidation this week after exchange Deribit claimed the crypto hedge fund failed to repay $80mn, highlighting the severity of the crunch at the prominent digital asset ... ( read original story ...)
Fact-Checking 8 Claims About Crypto’s Climate Impact
While some experts say that there’s potential for positive impact from crypto mining, most agree there are few indications that the industry is going in the right direction. “There is a narrow path ... ( read original story ...)
How crypto marketers are pivoting their ad strategies through the ‘crypto winter’ to focus on education and responsible investing
Some crypto companies are capitalizing on the market turmoil to push marketing initiatives that focus on rebuilding trust in the sector. ( read original story ...)
BlockFi’s CEO denies that Sam Bankman-Fried’s FTX is nearing a deal to buy the struggling $1 billion crypto lender for $25 million
The boss of troubled crypto lender BlockFi has denied that Sam Bankman-Fried's FTX is set to buy the company for $25 million, despite speculation about a deal. Citing sources familiar with the ... ( read original story ...)
Coinbase Is Selling Data on Crypto and ‘Geotracking’ to ICE
A contract between the two organizations reveal what services the Immigration and Customs Enforcement agency may get from Coinbase. ( read original story ...)
Tokyo Bourse Works to Improve Chinese Investors’ Convenience, Chief Says
The Tokyo Stock Exchange is working on enhancing convenience for Chinese and Japanese investors, according to the chief of the Asian bourse. "We will continue to work on further developments of ... ( read original story ...)
Japan’s GPIF records 5.4% gain for fiscal year amid tumultuous markets
Japan's GPIF reported a 5.42% investment gain for its fiscal year, despite ending the period with a quarterly loss of $16 billion. ( read original story ...)
Crypto traceability and market rules agreed by EU lawmakers
European Union lawmakers have agreed a way forward on regulating crypto — covering the traceability of crypto assets being traded in the bloc and wider market rules, to protect against market ... ( read original story ...)
TechCrunch podcast this week: Crypto cults, 2022 term sheets, and how to win Startup Battlefield
TechCrunch is more than just a site with words. We’re also building a growing stable of podcasts focused on the most critical topics relating to the startup and venture capital worlds. To help you ... ( read original story ...)
Explainer: EU agrees rulebook for ‘Wild West’ crypto markets
The European Union on Thursday reached a provisional deal on the world's first set of comprehensive rules to regulate what one lawmaker called the "Wild West" crypto market. ( read original story ...)
The Future Of Yield-Generating Strategies In Crypto
The occurrence of a major event in the crypto markets in early May 2022 initiated quite a chatter about DeFi reaching the end of its yield farming days. I firmly believe that most of these ... ( read original story ...)
Crypto loses its hedge role
On top of that, many people are asking what happened to the supposed zero correlation between crypto and traditional assets — the idea that bitcoin and other currencies offered a hedge against ... ( read original story ...)
Yoshiharu Global Co. Plans $17 Million IPO for July 5th (YOSH)
Yoshiharu Global Co. (YOSH) is planning to raise $17 million in an initial public offering on Tuesday, July 5th, IPO Scoop reports. The company plans to issue 3,800,000 shares at $4.00-$5.00 per share ... ( read original story ...)
Japan’s Nikkei ends at near 2-week low amid slowdown jitters
Japan's Nikkei index fell for a third straight session on Friday to end at a near two-week low, tracking Wall Street overnight losses, as investors were worried about an economic slowdown in the world ... ( read original story ...)
Analysis-Japan Widens FX Watch to Include Risk of Yen Spike as U.S. Recession Fears Mount
Comparative assessments and other editorial opinions are those of U.S. News and have not been previously reviewed, approved or endorsed by any other entities, such as banks, credi ... ( read original story ...)
How Frozen Crypto Funds Could Generate A Tax Write-off For Investors
As struggling crypto lenders seek paths towards a sustainable future, their depositors are worried about the safety of their funds. However, if they truly become unrecoverable, there could be a silver ... ( read original story ...)