Tag: banking

Americans have lost more than $1 billion to cryptocurrency scams since the start of last year, as criminals exploit rising popular interest in scoring quick digital riches, according to a new analysis ... ( read original story ...)

An early version of the bipartisan crypto regulation bill revealed that the senators appear to be listening to the industry’s main tax complaints. ( read original story ...)

On June 3, the New York Senate passed the U.S.’s first statewide moratorium on cryptocurrency mining, aimed at energy-intensive operations that use fossil fuels for power. The measure, which still ... ( read original story ...)

While the 2021 venture cycle was still booming, every startup sector felt hot. Every geography set records. Founders ruled supreme, venture capitalists lined up to pay steep prices for startup shares, ... ( read original story ...)

The ether-bitcoin ratio has breached the 1.5-year bullish trendline, indicating continued risk aversion in the crypto market. ( read original story ...)

It comes as holders of failed stablecoin ventures are still picking up the pieces from the most recent crypto crash. ( read original story ...)

In response to “turbulent market conditions that are likely to persist for some time,” Gemini is downsizing 10% of their astronauts—their term for employees. In a company blog post, the twin ... ( read original story ...)

Head of Republic Crypto Andrew Durgee agrees with the Winklevoss twins' prediction that a "crypto winter is here" along with global markets. ( read original story ...)

A growing number of tech and financial experts are worrying about cryptocurrency investments. What will their cries mean? ( read original story ...)

Japan is moving forward with legislation regarding the issuance of stablecoins i.e. digital assets with their value pegged to fiat currencies or stabilized by an algorithm. On June 3, Japan’s ... ( read original story ...)

Japan is planning to compile a supplementary budget worth more than 10 trillion yen ($77 billion) after this summer's upper house ele ... ( read original story ...)

Headquartered in Tokyo, FTX Japan holds a licensed Japanese crypto-asset exchange services provider and Type 1 Financial Instruments Business license holder approved by the FSA. ( read original story ...)

Mitsubishi UFJ Trust and Banking Corp. have planned to issue their own stablecoin, dubbed Progmat Coin, once the regulation becomes active. ( read original story ...)

"The Administrative Board is convinced that the chosen path of consistent digitization and platform growth is the right one," said Frank Gotthardt, company founder and chair of the Administrative ... ( read original story ...)

Several cryptocurrency industry players told CNBC that thousands of digital tokens are likely to collapse while the number of blockchains in existence will also fall over the coming years. Brad ... ( read original story ...)

Things aren’t necessarily looking great for the crypto world, with reports of popular coins tumbling in recent weeks as the market tanks valuation of many investors’ digital portfolios. The CEO and ... ( read original story ...)