Last week Sky Mavis, the Vietnam-based company behind the crypto game Axie Infinity, revealed that a hacker stole hundreds of millions of dollars worth of crypto from its blockchain. Sky Mavis ... ( read original story ...)
Why Japan’s long fight against deflation looks doomed to fail
Unlike its peers, Japan's central bank has stuck to aggressive government debt purchases, rock-bottom interest rates and near-zero long-term bond yields The costs of this approach keep rising, though, ... ( read original story ...)
BOJ policymaker emphasizes benefits of weak yen to Japan’s economy
The benefits of a weak yen outweigh the demerits for Japan’s export-oriented economy, central bank policymaker Asahi Noguchi said on Thursday, brushing aside the view the currency’s recent decline ... ( read original story ...)
$2 Trillion Crypto Crash Warning: Sudden Shock Tanks The Price Of Bitcoin, Ethereum, BNB, Luna, XRP, Solana, Cardano, Avalanche And Dogecoin
Bitcoin and major cryptocurrencies, including ethereum, BNB, luna, XRP, solana, cardano and avalanche, have suddenly moved sharply lower, wiping around $200 billion from the combined crypto ... ( read original story ...)
Japan’s Nikkei hits 3-week low on Fed, China worries
The Nikkei had dropped 2% to 26,803.34 by the midday break and was on course for its worst session since March 11, with chipmakers and auto companies among the worst performers. O ... ( read original story ...)
Asian stock market: Japan’s Nikkei drops 1.9%, Hong Kong benchmark flat on hawkish Fed minutes; USD gains
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.53% and Japan's Nikkei dropped 1.9%. Chinese blue chips shed 0.4%, although the Hong Kong benchmark was flat, buoyed by mainland ... ( read original story ...)
Bank of Japan member stresses easy policy despite rising costs
Asahi Noguchi says loose policy needed as Japan is not experiencing high rates of inflation seen in other countries. ( read original story ...)
Miami Bitcoin 2022 conference draws crypto enthusiasts to Florida’s growing tech hub
Thousands of crypto enthusiasts are gathering in Miami, now tied with Los Angeles in funding raised by blockchain startups. ( read original story ...)
Opinion: Binance CEO explains why it’s misleading to say crypto is anonymous
CNN's Richard Quest spoke with Binance founder and CEO Changpeng Zhao this week about sanction rules, crypto and why he thinks anonymity in the digital currency world is a myth. ( read original story ...)
Bitcoin, Crypto Prices Slide on Hawkish Fed
Cryptocurrency prices tumbled Wednesday following the release of hawkish minutes from the Federal Reserve's March policy meeting. Bitcoin fell 4.8% to $43,791 at last check, according to according to ... ( read original story ...)
Banks Are ‘Very Far Away’ From Trading Crypto, Genesis CEO Says
Banks won’t be embracing Bitcoin with the same level of enthusiasm that individual investors have exhibited any time soon, the head of crypto prime brokerage Genesis Global Trading said, thanks to ... ( read original story ...)
Will Smith’s slap became crypto. Inside the wild world of memecoins.
Once considered a humorous version of cryptocurrency, memecoins are now rife with scams, critics say, making it a particularly dangerous product. ( read original story ...)
Welcome to the girlbossification of crypto
From start-up capital to investment opportunities, women have long had limited access to tech riches, a pattern that is now repeating itself in crypto spaces. Twice as many men invest in ... ( read original story ...)
Crypto exchange Binance.US valued at $4.5 bln in first external funding round
Crypto exchange Binance.US said on Wednesday it had raised more than $200 million in a seed funding round at a pre-money valuation of $4.5 billion. ( read original story ...)
Crypto Exchange Binance.US Raises $200 Million Seed Round At $4.5 Billion Valuation
The U.S. franchise of the world's largest crypto exchange, Binance.com has raised $200 million to help grow the business and diversify its revenue base. However, it must move quickly to succeed amidst ... ( read original story ...)
CNBC: Japan’s central bank will be ‘alarmed’ if yen crosses 130 per dollar, says ex-vice minister
The Bank of Japan will be “alarmed” if the Yen weakens beyond 130 per dollar, according to Japan’s former vice minister of finance for international affairs, Eisuke Sakakibara, CNBC reported. The yen ... ( read original story ...)