Industry experts believe that a "lack of economic catalysts and persisting inflation" has led to the downside of the market. The global market cap was down 0.97% at $1.25trillion as of 4.10 a.m. ET, ... ( read original story ...)
How Crypto is Using the Behavioral Dynamics of Bernie Madoff’s Fraud
The SEC thereafter changed its story line. Madoff and crypto share an extensive number of behavioral dynamics. Madoff had prominent clients of swank country clubs vouching for him. Madoff also had ... ( read original story ...)
Crypto billionaire could spend $1B for Democrats in 2024 election
Crypto billionaire Sam Bankman-Fried says he may be willing to back the Democratic Party with upwards of $1 billion if candidates like Donald Trump run in 2024. ( read original story ...)
MBC Group and region’s leading crypto exchange BitOasis partner to launch crypto educational drive across MENA
BitOasis, the Middle East and North Africa's (MENA) leading crypto-asset trading platform, has entered into a strategic partnership with MBC Group, the largest and leading media company in the MENA ... ( read original story ...)
Japan’s MUFG Bank gets nod to set up branch at GIFT City
MUFG Bank has obtained necessary approvals from the International Financial Services Centre Authority in India and the Financial Services Agency in Japan, to open a branch at GIFT City. ( read original story ...)
Japan opens second breast milk bank to nourish babies with low birth weight
A new large-scale breast milk bank recently opened in Tokyo to help prematurely born babies with low birth weights. The opening comes amid growing demand and increasing awareness about the nourishment ... ( read original story ...)
MUFG Bank gets IFSCA nod to open a branch at GIFT City
Japan's MUFG Bank will soon start lending operations in foreign currencies from the GIFT-IFSC at GIFT City in Gujarat. Mitsubishi UFJ Financial Group, Inc. (MUFG)'s MUFG Bank, Ltd on Thursday informed ... ( read original story ...)
Japanese lender MUFG Bank to set up a branch in GIFT City, sixth in India
Japanese lender MUFG announced the setting up of an investment fund totaling $300 million for start-ups in India ... ( read original story ...)
JPMorgan Sees Bitcoin’s Fair Value At $38,000; Crypto Now Preferred Over Real Estate
Analysts at JPMorgan Chase & Co have reportedly forecast potential upside for Bitcoin (CRYPTO: BTC) and other cryptocurrencies in the months to come. ( read original story ...)
Crypto collapse ‘wake-up call’ and ‘opportunity to reset,’ top bank regulator says
Acting Comptroller of the Currency Michael Hsu said this week that hype is a serious risk for crypto and likened certain crypto transactions to Ponzi schemes, warning that the crypto space is very ... ( read original story ...)
Crypto exchange CoinDCX launches ‘Earn’ to earn income on crypto holdings
The exchange explained in the release that they would work with large institutional borrowers, third-party lending partners, and staking platforms to generate yield on the crypto assets. ( read original story ...)
Andreessen Horowitz raises $4.5bln for fourth crypto fund
About $1.3bln from the fund will be used to invest in seed rounds of startups and $3bln for venture investments, the company said ... ( read original story ...)
Central African Republic launches the “Sango” crypto hub
The launch of this crypto hub comes shortly after legislatures in the country approved Bitcoin as legal tender through a unanimous vote. The CAR government noted that the Sango platform would be ... ( read original story ...)
This Top Crypto Analyst Predicts Bitcoin Has More Room to Fall
While the markets may continue to fall before they find their stable bottom, there is still hope for the crypto market. Even with the pending lows and volatility, there has still been a massive ... ( read original story ...)
Japan’s Nikkei, Korea’s Kospi lowers after Federal Reserves confirms rate hike plans
Investors are worried about the impact of Russia's February invasion and an unexpectedly sharp Chinese economic slowdown. They hope the Fed will be able to cool inflation that is running at a ... ( read original story ...)
Japan PM urges BOJ to strive to achieve 2% inflation goal
Japanese Prime Minister Fumio Kishida urged on Thursday for the Bank of Japan to work toward achieving its 2 per cent inflation target "sustainably and stably"."I hope the BOJ will exert efforts based ... ( read original story ...)