US Senator Sherrod Brown blasted the deluge of crypto ads that aired during the Super Bowl. He said the ads did not address numerous risks to investors when trying to woo newcomers. "But the ads left ... ( read original story ...)
SoftBank mulls $8 bln margin loan as part of Arm IPO – Bloomberg News
For Arm, banks are planning to pitch IPO valuations of more than $50 billion, the report said. SoftBank did not immediately respond to a Reuters request for comment. The Japanese conglomerate acquired ... ( read original story ...)
SoftBank Seeks $8 Billion Margin Loan as Part of Arm IPO
This isn’t the first time Son has linked IPO mandates to margin loans. In 2018 it lined up commitments for a loan of $9 billion for its Vision Fund, provided by advisory firms including arrangers of ... ( read original story ...)
Is a Crypto Bubble Hiding in Plain Sight?
Digital currencies like bitcoin and ethereum, the two largest cryptocurrencies by market value, have had meteoric ascents since 2019 that has left some under the impression that the entire crypto ... ( read original story ...)
Crypto’s Gone Mainstream; Here’s What Comes Next
Crypto has entered a new phase of its existence: It’s gone mainstream. As investors, that means we need to start asking different—and sometimes harder—questions. Here’s what I mean. For much of the ... ( read original story ...)
Colorado will accept crypto for payment of state taxes by the summer, with drivers’ and hunting licenses to follow, Gov. Polis says
"We expect by this summer to accept crypto for all of our state tax-related purposes," he said on "Crypto World". "And then we plan to roll that out across all state government for things ... ( read original story ...)
Belarus to let law enforcement inspect a register of crypto wallets linked to criminal activity, under the president’s new decree
Belarus is set to bring in rules enabling its authorities to track crypto wallets linked to illicit activity. President Lukashenko signed a decree Monday that also allows the free circulation of ... ( read original story ...)
Crypto crime wave accelerates as report finds thousands of ‘whales’ hold $25 billion in stolen funds
These whales — crypto slang for online wallets with large holdings — have amassed $25 billion in stolen or scammed cryptocurrency between them. These criminal accounts now make up 3.7% of all the ... ( read original story ...)
Walmart’s Crypto Plans Might Be ‘Misguided’, Analyst Says
"At the moment, some crypto payments companies or exchanges with payments cards can allow transactions in ethereum," Mishunin said, "but these are converted and received as Dollar by Walmart." He ... ( read original story ...)
2021’s crypto bull market made criminals much richer
The most lucrative crime was theft — 93 percent of the funds in criminals’ crypto wallets were made up of stolen coins worth $9.8 billion, according to the firm. To find these numbers, Chainalysis ... ( read original story ...)
Why you can’t rebuild Wikipedia with crypto
Its creator and sole author is Molly White, a software engineer and longtime Wikipedia contributor who combs through news and crypto sites to find the day’s most prominent scams, schemes, and rug ... ( read original story ...)
SoftBank mulls $8 billion margin loan as part of Arm IPO – Bloomberg News
For Arm, banks are planning to pitch IPO valuations of more than $50 billion, the report said. SoftBank did not immediately respond to a Reuters request for comment. The Japanese conglomerate acquired ... ( read original story ...)
Crypto-assets could hit global financial stability, warns FSB
The rapid rise of crypto-asset markets could impact global financial stability, the Financial Stability Board (FSB) warned on Wednesday. In its latest report it said that the fast evolving sector may ... ( read original story ...)
Bitcoin billionaire Sam Bankman-Fried says a ‘crypto autumn’ may be here, and that Fed policy will keep driving price swings
Billionaire crypto entrepreneur Sam Bankman-Fried has said a crypto "autumn" — rather than a "winter" — may be here, adding that the Federal Reserve will remain the key driver of digital asset ... ( read original story ...)
How Categories Are Making Sense of Bitcoin, Metaverse, and Crypto Universe
The massive crypto ecosystem is a lot for anyone, let alone investors, to digest. Here are a few numbers to put it in perspective: There are more than 12,000 coins There are more cryptocurrencies than ... ( read original story ...)
Crypto firm Fireblocks buys payments tech platform for $100 million
The First Digital acquisition will expand Fireblocks' existing payment capabilities allowing payment service providers (PSPs) to accept crypto payments. PSPs and large merchants are eager to meet ... ( read original story ...)