Nouriel Roubini warned on Saturday, “Crypto is corrupt gambling where the house always & systematically front runs the retail suckers that get rekt.”
Inflation in Japan is out of line, but signs of cooling are emerging
Tokyo's headline inflation estimates put the annual price growth rate at 3.8% in November against 3.5% a month earlier and the 3.6% expected. The core index, which excludes food and energy prices, ...
Japan’s Seven Bank to deploy 2,500 ATMs in 7-Eleven stores
A subsidiary of Tokyo-based Seven Bank Ltd. is set to deploy 2,500 automated teller machines and cash recycler in 7-Eleven stores nationwide as it aims to partner with more local banks.
‘Amazing’ Elon Musk Crypto ‘Upgrade’ Speculation Suddenly Sends The Price Of Dogecoin And Ethereum Soaring
Speculation that Musk could work with ethereum creator Vitalik Buterin to "upgrade" dogecoin has given their prices a surprise ...
Miami nightclubs mourn absence of high-rolling crypto entrepreneurs
It was the spring of 2021, and Miami’s hottest night clubs were inundated with phone calls from cryptocurrency entrepreneurs that no one had heard of. They wanted to reserve lots of tables — or rent ...
Bank of Japan governor gets just 0.4% pay rise despite urging higher wages
BANK of Japan (BOJ) governor Haruhiko Kuroda will receive a meagre 0.4 per cent pay rise in 2022 after two years of cuts, the central bank said on Friday (Nov 25), even as he has stressed the need for ...
Crypto lender Genesis subject of probe by regulators – Barron’s
State securities regulators are investigating Genesis Global Capital as part of a wide-ranging inquiry into the interconnectedness of crypto firms, Barron's reported on Friday citing a comment from ...
New York is the first state to ban certain types of crypto mining—here’s what to know
New York's law temporarily bans cryptocurrency mining companies that use fossil fuels from receiving or renewing operating permits.
Over 460 of the most promising startups of 2022 in edtech, fintech, crypto, cloud, proptech and more, according to VCs
Despite the rough economic environment for tech startups, some are thriving. We asked VCs to name the most promising ones across industries.
Has the FTX mess iced venture interest in crypto?
Many folks building or investing in blockchain-based assets and protocols have kept their chins up amid a series of crises. But what do the numbers tell us?
Binance deploys $1 billion to keep crypto industry afloat after FTX collapse
Binance said it will devote $1 billion in initial commitments to the recovery fund. It may increase that amount to $2 billion at a point in time in the future "if the need arises," the company added.
Why El Salvador’s Bukele Is Doubling Down on Bitcoin Despite the Crypto Crash
The cryptocurrency crisis, worsened by the dramatic collapse of fast-growing crypto exchange FTX in mid-November, has raised questions about the future of these digital currencies. Bitcoin, the largest and most well known among them,
FTX and Sam Bankman-Fried: Your Guide to the Crypto Crash
The founder of FTX was the paragon of crypto, then the cautionary tale. This guide will help you understand what happened.
Crypto Crisis Shrinks ETF Assets in Market That Embraced Them
Retail investors in Canada were quick to put money into cryptocurrency exchange-traded funds after regulators allowed a proliferation of products that track Bitcoin, Ether and other digital assets. They’ve lost most of it in a year.
Crypto Firm FTX Landed in the Bahamas With a Bang, and Now the Bahamas Is Picking Up the Pieces
The island nation encouraged crypto companies such as FTX to set up shop. The firm’s collapse has left many islanders feeling frustrated.
Regulators can’t keep turning a blind eye to crypto craziness
For true believers, a technology like crypto is never merely a technical fix or a promise to get rich quick. It is something akin to a historic mission. If you buy into the vision, then Joseph ...