Criminals laundered $8.6bn (£6.4bn) of cryptocurrency in 2021, up by 30% from the previous year, a report by blockchain data company Chainalysis says. It says police could strike a "huge blow" by ... ( read original story ...)
Crypto market collapse derails Melania’s hat auction
The former first lady is selling a hat she wore for the visit of Emmanuel Macron, amid huge volatility in the value of the digital currency ... ( read original story ...)
Paris Hilton has invested in crypto since 2016 — here’s why she’s betting big on NFTs and the metaverse
Paris Hilton believes everything is going digital.That's why the 40-year-old hotel heiress is betting big on cryptocurrencies, non-fungible tokens (NFTs) and now the metaverse."I just really believe ... ( read original story ...)
Crypto exchange FTX.US closes 1st capital raise, valued at $8B
U.S. subsidary of crypto exchange, FTX, closes first raise at $8 billion valuation from venture capital names like Paradigm, SoftBank and Temasek. ( read original story ...)
A long ‘crypto winter’ of falling prices could end up killing off 80% of DeFi apps, according to DappRadar: report
DeFi apps could disappear if the crypto rout lasts for a year, says DappRadar, according to a Bloomberg report. ( read original story ...)
Mark Zuckerberg’s controversial crypto project Diem is looking to repay investors by selling its assets, report says
Diem is in talks with investment banks about how best to sell its intellectual property and cash out any remaining value, the report said. ( read original story ...)
Global stocks, crypto rebound ahead of today’s momentous Fed decision
S&P 500 and Nasdaq futures were trading roughly 2% higher at one point, pointing to a solid open on "Fed Day." ... ( read original story ...)
Coinbase rival FTX U.S. valued at $8 billion as investors brace for ‘crypto winter’
FTX U.S., the American affiliate of cryptocurrency exchange FTX, has raised $400 million in its first external fundraising round. ( read original story ...)
Roundup: Japan’s Nikkei drops to 13-month low amid concerns over Fed outcome
Japan's Nikkei dropped to its lowest level since December 2020 on Wednesday, as technology issues retreating on Wall Street overnight weighed, in twine with concerns over a possible hawkish outcome at ... ( read original story ...)
UPDATE 2-Japan’s Marubeni to sell Gavilon grain business to Glencore arm for $1.1 bln
Japanese trading house Marubeni Corp will sell the grains business of its U.S. unit Gavilon to commodities trader Glencore PLC's Viterra arm for $1.125 billion, plus working capital, Viterra said on ... ( read original story ...)
Picasso heirs launch digital art piece to ride ‘crypto’ wave
Pablo, meet Crypto. Heirs of Pablo Picasso, the famed 20th-century Spanish artist, are vaulting into 21st-century commerce by selling 1,010 digital art pieces of one of his ceramic works that has ... ( read original story ...)
Japan FTC to Warn against Too-Low IPO Prices
Japan's Fair Trade Commission has drawn up a report that setting inappropriately low prices for shares of newly listed companies in initial public offerings could violate the antimonopoly law, it was ... ( read original story ...)
Japan’s Nikkei 225 hits 13-month low before clawing back some losses
In Japan, stocks dived before recovering some losses later in the session. "Investors are just waiting for the end of the Fed's meeting and how the market will move after that will totally depend on ... ( read original story ...)
UPDATE 1-Japan’s Marubeni to sell Gavilon grain business to Glencore arm in up to $3.5 bln deal
Marubeni Corp said on Wednesday it will sell U.S. unit Gavilon's grains business to commodities trader Glencore PLC's Viterra arm in a deal the Japanese trading house expects to be worth up to $3.5 ... ( read original story ...)
Melania Trump’s crypto-only hat auction has become collateral damage in the cryptocurrency crash
The former First Lady is auctioning off a white hat, but the crypto-only bids have led to its value dropping amid the ongoing crypto crash. ( read original story ...)
Japan to flag underpriced IPOs as antitrust law violation
The Japan Fair Trade Commission will warn brokerage firms that underpricing initial public offerings on the stock exchange may violate the antimonopoly law, sources familiar with the matter said ... ( read original story ...)