Hong Kong-listed Hypebeast, founded as a blog for sneaker enthusiasts, will merge with US SPAC Iron Spark in a deal valuing it at US$353 million. ( read original story ...)
China’s Jin Medical discloses more details about planned $28M US IPO
Chinese wheelchair maker Jin Medical International (ZJYL) has disclosed additional details about its planned $28M US initial public offering ... ( read original story ...)
How Crypto Is Changing Philanthropy
The ease of transferring crypto anywhere in the world has enabled man nonprofits to work with donors globally. ( read original story ...)
TechCrunch+ roundup: ‘Valuation reset,’ spiking crypto losses, US insurtech meltdown
Has it ever been your responsibility to tell someone else that their job has been eliminated? I have, and it's one of the most difficult things I've ever done at work. ( read original story ...)
Banks and government edge closer to active role in crypto
Banks and government have a role to play in developing the digital infrastructure and regulatory framework for cryptocurrency or other digital money solutions, financial leaders said Tuesday at the ... ( read original story ...)
Is Crypto Coming to an End? This $100 Million Settlement Will Impact Crypto Forever
Back on February 14, 2022, crypto exchange extraordinaire BlockFi was slapped with an unprecedented SEC fine. How large are we talking here? A massive $100 million fine. If you ... ( read original story ...)
If You Hold Crypto For Someone Else, Can IRS Collect Taxes From You?
IRS says crypto is property, so transfers trigger tax, even swaps of one crypto for another. But if you are holding crypto for someone else, is the tax problem yours, or does it belong to the person ... ( read original story ...)
Crypto Wallet Abra Pushes Into Funds as Battle Looms With Wall Street Firms
Most of Abra's new funds focus on exposure to crypto lending. It's a part of the digital-asset space that has garnered increasing regulatory scrutiny. ( read original story ...)
Taiwanese scooter brand Gogoro makes Nasdaq debut in rare IPO
Taiwan’s electric scooter maker Gogoro debuted on the Nasdaq stock exchange in New York on Tuesday, a rare initial public offering (IPO) for the self-ruled island known for its dominance in ... ( read original story ...)
Japan’s Nikkei Index Ends Higher On High-tech Buying
Tokyo's blue chip shares ended higher Tuesday, driven by buying of high-tech shares, though the yen's gyrations weighed on the market. ( read original story ...)
The time is now foreign investors in Japanese real estate
In this interview with The Worldfolio, Tetsuji Hirano, CEO of leading property firm LEGAL CORPORATION, gives his insight into the opportunities in Japan’s strong and stable real estate sector and says ... ( read original story ...)
New York could freeze crypto mining operations that run on fossil fuels
New York state's crypto mining moratorium aims to freeze environmental permits for all operations using fossil fuels for proof-of-work transactions. ( read original story ...)
The Richest Crypto And Blockchain Billionaires In The World 2022
Amid all the action, there’s also no shortage of money to be made in the $2 trillion crypto economy. Just ask the record 19 billionaires—7 more than last year—on Forbes’ a ... ( read original story ...)
Mailchimp hack potentially leading to crypto wallet thefts
Email marketing firm Mailchimp confirms that hackers used one of its own internal tools to access accounts of customers working in finance and cryptocurrency — and a follow-up attack could lead to ... ( read original story ...)
Crypto’s Coming Shock
Many industry participants recognized that regulations of some sort were coming and were thus delighted that Uncle Sam would be taking a reasonable, responsible approach. Alas, despite soothing words ... ( read original story ...)
Factbox: How U.S. banks are dipping their toes in the crypto water
Last week, a top U.S. banking regulator warned of growing risks as banks start to capitalize on the popularity of cryptocurrencies to offer related services to clients. ( read original story ...)