The US Securities and Exchange Commission accused crypto entrepreneur Do Kwon and the firm he co-founded of a fraud involving the failed TerraUSD stablecoin.Most Read from BloombergChina Hits Back at ...
Japan finance minister says BOJ nominees picked with eye on price goal
Japan's government picked academic Kazuo Ueda as new central bank governor on expectations he can help keep inflation on target and sustain economic and wage growth, finance minister Shunichi Suzuki ...
Before investing in crypto, check out California’s new scam tracker
The California Department of Financial Protection and Innovation has compiled a searchable collection of complaints about apparent crypto scams.
Terra founder Do Kwon charged with fraud over its $40 billion crypto crash
The SEC accuses Terraform and Kwon of misleading investors about the stability of TerraUSD, noting they failed to inform investors that the price of the coin falling below its dol ...
MC Digital Realty Expands Osaka Footprint, Launches Fourth Data Centre at Osaka Campus
MC Digital Realty, a 50/50 joint venture between Mitsubishi Corporation and Digital Realty providing a full suite of data center solutions in Japan, announced today the official opening of KIX13, the ...
Asia markets to trade lower after Wall Street falls on concerns of more Fed rate hikes ahead
Asia-Pacific investors digested more economic data out of the U.S. and more hawkish commentary from the Federal Reserve.
SEC Is About to Sue Over TerraUSD Stablecoin That Rocked Crypto
The US Securities and Exchange Commission is preparing to sue the company behind TerraUSD, a crypto stablecoin whose collapse last year kicked off an industrywide crisis and a cascade of high-profile ...
The crypto comeback: Here’s what’s driving it, according to Bernstein
Bitcoin is up big in 2023, gaining 50%, while ether is up more than 40%. Those gains come after a difficult 2022 for the crypto market.
A quarter of new crypto tokens were pump-and-dump schemes in 2022, report says, highlighting regulatory hurdles
Nearly 10,000 tokens issued last year saw significant price declines in their first week, an indication of fraudulent activity, according to Chainalysis.
Stelo Labs raises $6M in a16z-led round to help crypto wallet users protect themselves
Stelo Labs raised $6 million in a round led by a16z to help crypto wallet users protect themselves through a browser extension.
Artificial intelligence is akin to crypto in 2021 as the sector is facing investor hype, says founder of tech investment firm
Most of the value in AI is actually "going to accrue to the incumbent big-tech companies - I'm sort of most bullish on Microsoft." ...
Bitcoin rises despite U.S. crackdown, as crypto market gains $84 billion in value
Bitcoin rose to its highest level since August, as the market shrugged off a tougher regulatory stance from U.S. regulators.
Banks Are Breaking Up With Crypto During Regulatory Crackdown
Banks are backing away from crypto companies, spooked by a regulatory crackdown that threatens to sever digital currencies from the real-world financial system.
Crypto Buyers Beware: 1 in 4 New Tokens of Any Value Is a Scam
And according to tracing firm Chainalysis, one very prolific scammer ran at least 264 of those scams in 2022 alone.
Celsius customer received $67,000 tax bill for funds lost in crypto lender’s bankruptcy, report says
Celsius Network customers like Doug Stringer are receiving massive tax bills because of the high-interest returns promised by the bankrupt lender.
Lawsuit Challenging IRS Seizure Of Crypto Account Records Is Back In Court
A New Hampshire man has fired back at the IRS over the agency's issuance of a "John Doe" summons and subsequent seizure of his financial records from Coinbase.