For regulators, procrastination is sometimes the best strategy. U.S. Securities and Exchange Commission Chair Gary Gensler might be feeling a little heat after a federal court on Wednesday said his ...
‘Catastrophic Scenario’—JPMorgan Sees U.S. Banking Crisis As Boosting Bitcoin After $300 Billion Ethereum And Crypto Price Surge
JPMorgan analysts have credited the U.S. banking crisis with pushing retail traders toward bitcoin over recent months—a hedge against what they call a "catastrophic ...
Coinbase Stock Jumps After Crypto Exchange Posts Narrower Loss
Shares of cryptocurrency exchange Coinbase Global jumped more than 15% after cost-cutting measures helped the company post a smaller-than-expected loss. The latest loss comes as the company said tradi ...
ChatGPT is now being used to sell you crypto
Crypto.com is unveiling an AI assistant that customers can use to learn more about cryptocurrency and make informed purchases. The AI, Amy, is based on OpenAI's ChatGPT.
Japan’s Giant of Central Banking
Koichi Hamada pays homage to Haruhiko Kuroda following the end of Kuroda's ten-year tenure as governor of the Bank of Japan.
Why Warren Buffett is so keen on Japan’s versions of Berkshire Hathaway
Warren Buffett says he sees elements of his own Berkshire Hathaway conglomerate in the Japanese trading giants that he recently upped his stock investment in.
Crypto has ‘lost its shine’ for institutional investors, says Northern Trust executive
Institutions lost interest in crypto after 2022 and their appetite for it hasn't come back yet, according to Northern Trust's Justin Chapman.
Crypto Regulation is Coming: Here’s How it Could Take Shape
The regulation of cryptocurrency remains largely undefined, with governments struggling to determine how to regulate a decentralized and largely anonymous digital currency. In this article, we will ...
Yen set to snap 3-week losing streak on bank jitters, dollar slips
The yen was eyeing its first weekly gain in nearly a month on Friday, driven by safe haven demand as bank sector turmoil in the United States unfolds.
White House Proposes 30% Energy Tax To Address Environmental Crypto Mining Costs
The White House has announced plans to ask crypto miners to pay a premium for energy consumption. President Biden’s proposed budget for the 2024 fiscal year includes a Digital Asset Mining Energy (DAME) tax equal to 30% of the electricity used in cryptomining.
US crypto firms might soon pay taxes for exorbitant energy use
When one year of U.S. Bitcoin mining creates as many carbon emissions as 7.5 million gas-powered cars—we have a problem.'
Haas Formula One And MoneyGram Are The ‘Home Team’ At This Weekend’s Crypto.com Miami Grand Prix
MoneyGram Haas F1 Team is one of only 10 teams competing in the FIA Formula 1 (F1) World Championship, the largest global motorsports series. The team, founded by industrialist Gene Haas, made its debut in in 2016 when it became the first American F1 team since 1986.
Exclusive: Israel Seized Binance Crypto Accounts to ‘Thwart’ Islamic State, Document Shows
Israel's National Bureau for Counter Terror Financing (NBCTF) on Jan. 12 confiscated two Binance accounts and their contents, one of the documents on the NBCTF's website showed. The seizure was to "thwart the activity" of Islamic State and "impair its ability to further its goals," the NBCTF said on its website.
Coinbase stock jumps 8% after the crypto exchange reports smaller than expected loss and an increase in subscription revenue
Coinbase, the largest U.S. crypto exchange, reported a smaller net loss than expected in addition to a major increase in subscription revenue, continuing the firm's rebound after a tumultuous 2022.
Crypto exchange Coinbase posts smaller first-quarter loss
(Reuters) -Cryptocurrency exchange Coinbase Global Inc posted a smaller-than-expected first-quarter loss on Thursday after investors tiptoed back to the strained asset class to hedge their bets ...
Mitsui, Osaka Gas bid for ReNew C&I
Osaka Gas is one of Japan’s largest natural gas importers ... ReNew Energy Global, formed by the merger of ReNew Power and RMG Acquisition Corp. II in August 2021 as part of its IPO, has a portfolio ...