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Tag: banking

Posted on 02/03/2021

New York Blasts Crypto Market as ‘High-Risk’ and ‘Unstable’

New York’s top law enforcement officer issued a scathing statement on the cryptocurrency market, warning consumers about its susceptibility to “speculative bubbles” and abuse by criminals. ( read original story ...)

Posted on 02/03/2021

Investor Dan Loeb doing ‘deep dive’ into crypto

While Third Point CEO Dan Loeb may not have announced a Bitcoin purchase, his tweets may suggest he may be open to crypto investments in the future. ( read original story ...)

Posted on 02/03/2021

The Bank of Japan Might Just Be the Newest Meme Stock

A surge in the stock of Japan’s central bank bewildered investors on Monday. The Bank of Japan, which trades on the Tokyo Stock Exchange’s Jasdaq section, surged by the daily limit of 18%, the most ... ( read original story ...)

Posted on 02/03/2021

Dan Loeb Is the Latest Billionaire to Dive Into the World of Crypto

The hedge-fund manager referenced Steve Jobs as he called for openly engaging with the subject while maintaining healthy skepticism. ( read original story ...)

Posted on 02/03/2021

Crypto investments: how niche opportunities become mainstream

By Rhian Lewis, author of The Cryptocurrency Revolution February 2021 marked some key moments in the evolution of Bitcoin. Tesla’s SEC filing on February 8 stating that it had bought $1.5 billion ... ( read original story ...)

Posted on 02/03/2021

Coupang Sets IPO Terms Pushing Market Cap Above $48 Billion

A pricing at the $28.50 midpoint of that range would yield net proceeds of about $2.8 billion and would give the Seoul company a market capitalization topping $48 billion. Coupang said current ... ( read original story ...)

Posted on 02/03/2021

South Korea’s Coupang Seeks Up to $3.6 Billion in New York IPO

South Korean e-commerce giant Coupang Inc. is seeking to raise as much as $3.6 billion from an initial public offering in New York, which will rank as one of the largest-ever Asian listings in the U.S ... ( read original story ...)

Posted on 02/03/2021

Coinbase, Kraken, Gemini, And Other Crypto Exchanges Must Embrace DeFi To Capture Growth

DeFi offers a fast-growing ecosystem of continuous innovation as distributed project teams interact with open source protocols and create novel use cases previously unimaginable. To be competitive and ... ( read original story ...)

Posted on 02/03/2021

Grimes just made $5.8 million in under 20 minutes selling crypto-based artwork

The singer's digital art collection includes images of a baby guarding Earth and Mars. Some of the pieces are set to new music from Grimes. ( read original story ...)

Posted on 02/03/2021

China Region Declares War on Crypto Mining, Stirring Wider Fear

China’s Inner Mongolia has banned cryptocurrency mining and declared it will shut all such projects by April, spurring fears the world’s No. 2 economy will take more steps to eradicate the ... ( read original story ...)

Posted on 02/03/2021

What should we expect from a crypto market with Gary Gensler head of the Securities and Exchange Commission?

What should we expect from the authority of the new candidate Gary Gensler? Gensler clearly and profoundly realizes the market, its particular value, and the existing development of cryptocurrencies. ( read original story ...)

Posted on 01/03/2021

Bitcoin Rises After China Region Declares War on Crypto Mining

China’s Inner Mongolia has banned cryptocurrency mining and declared its intention of shutting all such projects by April, spurring fears the world’s No. 2 economy will take more steps this year to ... ( read original story ...)

Posted on 01/03/2021

Top crypto lawyers – Walmart lures Goldman bankers – Wall Street moves of the week

The top finance stories for March 1, including the latest news on Carlyle's five-year effort to improve diversity at Novolex. ( read original story ...)

Posted on 01/03/2021

Japan’s Mizuho restores ATMs, online banking after glitch halts services

Mizuho Bank, one of Japan's major retail banks, said on Monday it had restored cash machines and online banking services after a data glitch closed down about 80% of its automated teller machines ... ( read original story ...)

Posted on 01/03/2021

An ‘industry custom’: Little-known fees help Japan trust banks dominate profitable niche market

When Japan’s Honda Motor Co. Ltd. stopped using Sumitomo Mitsui Trust Bank Ltd. as its stock transfer agent last year, the lender slapped it with a roughly $4 million termination fee, according to two ... ( read original story ...)

Posted on 01/03/2021

Japan debates fresh cash payouts to help the poor cope with COVID-19 pandemic: Sources

Japanese government and ruling party officials are discussing possible additional cash payouts to low-income households to help them cope with the ... ( read original story ...)

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