Gains in Japan’s key consumer prices failed to accelerate toward the Bank of Japan’s target in December, highlighting the ongoing weakness in the economy’s inflation pulse in stark contrast to its ... ( read original story ...)
Japan’s inflation hovers around 2-year high, BOJ flags price pressure
Japan’s core consumer prices rose 0.5% in December from a year earlier, increasing for a second month in a row at the fastest pace in nearly two years in a sign of broadening inflationary pressure ... ( read original story ...)
Crypto.com says hackers stole more than $30M in bitcoin, ethereum
Crypto.com said Thursday that cybercriminals had breached its security systems earlier in the week and made off with a total of $34 million in stolen bitcoin and ethereum.The cryptocurrency exchange ... ( read original story ...)
Congress Is Trying To Figure Out What To Do About Crypto’s Colossal Carbon Footprint
House members pushed back on crypto CEOs' assertion that Bitcoin's energy consumption is actually a "feature not a bug." ... ( read original story ...)
Bank of Russia seeks to outlaw mining and trading of crypto
Russia’s central bank proposed a blanket ban on the use and creation of all cryptocurrencies within one of the world’s biggest crypto-mining nations, citing the dangers posed to the country’s ... ( read original story ...)
URGENT: Nikkei opens over 2% lower on weak Wall St., COVID quasi-emergency
Tokyo stocks opened sharply lower Friday, with the Nikkei dropping over 2 percent following overnight losses on Wall Street while preparations to implement a quasi-state of emergency in additional ... ( read original story ...)
Japan’s Nikkei falls 2% as Asia-Pacific stocks track Wall Street declines; oil slips from highs
Japan's autos and tech stocks fell across the board. Economic data in the region for Friday includes Japan's inflation data for December, as well as minutes of its monetary policy meeting. Oil prices ... ( read original story ...)
UPDATE 1-Japan’s Dec consumer inflation hovers at near 2-year high
Japan's core consumer prices rose 0.5% in December from a year earlier, increasing for a second month in a row at the fastest pace in nearly two years in a sign of broadening inflationary pressures ... ( read original story ...)
2FA compromise led to $34M Crypto.com hack
Crypto.com shared new details about a recent hack on its platform last weekend in a statement on its website today, saying 483 of its users were affected and that unauthorized withdrawals of over $15 ... ( read original story ...)
Did You Buy Crypto Last Year? Here Are 6 Questions You Might Want to Ask Your Tax Pro
If you’ve bought and sold any crypto in 2021, you’ll be expected to report any profits to the IRS during this year’s tax season. Here’s how to begin preparing. ( read original story ...)
New York Mayor to Get First Paycheck in Crypto
New York City Mayor Eric Adams said Thursday that his first paycheck will be automatically converted into cryptocurrency. Hizzoner's first paycheck, which is due on Friday, will be converted to ... ( read original story ...)
Should We Be Optimistic About Crypto in 2022? | Opinion
The trend of crypto adoption will continue as more and more consumers begin to use crypto products to save time and money in their everyday lives. ( read original story ...)
Crypto Energy Consumption Enormous But It Needn’t Be, Congressional Panel Hears
The energy required to validate just one Ethereum transaction could power a U.S. home for more than a week, the energy required for a Bitcoin transaction could power a home for more than 70 days House ... ( read original story ...)
Crypto.com Admits $35 Million Hack
Crypto.com, one of the biggest and best known cryptocurrency exchanges in the world, has admitted that 483 of its users were hit in a hack earlier this month, leading to unauthorized withdrawals of ... ( read original story ...)
Mayor Crypto Is Here
Eric Adams, the city’s crypto-loving chief executive, announced on Thursday that he’s going to convert the whole of his first paycheck later today to two cryptocurrencies, Bitcoin and Ethereum, in a ... ( read original story ...)
Crypto.com Says More Than $35 Million Stolen by Hackers
The crypto exchange Crypto.com says 483 customer accounts were affected, resulting in the theft of bitcoin, ethereum and other cryptocurrencies. ( read original story ...)