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Tag: bitcoin

Posted on 22/11/2022

Bitcoin drops to lowest in more than a week, ether slides as FTX collapse ripples through crypto market

The cryptocurrency market has come under pressure over the last two weeks as problems at major exchange FTX came to light.

Posted on 22/11/2022

Crypto’s Latest Mystery Is the Ownership of Major Exchange Huobi

In the vexing world of cryptocurrencies, the seemingly simple question of who owns an exchange can turn out to be fiendishly tricky.

Posted on 22/11/2022

Lower valuations, regulatory crackdowns, and a push for DeFi: 5 VCs break down their crypto-market outlooks after FTX’s swift downfall

"This feels like chemotherapy, killing the cancer, and if the industry doesn't die with it, then we will only come out stronger," a VC told Insider.

Posted on 22/11/2022

Mazda to invest $11 billion by 2030 to procure EV batteries – Nikkei

Japan's Mazda Motor Corp plans to invest 1.5 trillion yen ($10.6 billion) by 2030 to procure electric vehicle (EV) batteries and cooperate with battery supplier Envision AESC, the Nikkei business ...

Posted on 22/11/2022

Japan’s super-long bond yields hit one-week high ahead of auction

Yields on super-long Japanese government bonds (JGBs) rose to a week high on Tuesday amid concerns about the outcome of an auction for 40-year notes later in the week. The 20-year JGB yield rose 0.5 ...

Posted on 22/11/2022

A crypto collective tried to get regulatory OK for tokens. It didn’t go well

American CryptoFed DAO LLC, which says its mission is to create a blockchain-based monetary system “with zero inflation, zero deflation and zero transaction costs," is a rarity among crypto collectives: It actually sought out regulation,

Posted on 22/11/2022

Crypto firm Genesis says it has ‘no plans to file bankruptcy imminently’

Genesis, a digital assets financial services firm, may be in hot water as it looks to raise fresh capital for its lending unit or potentially face bankruptcy if it can’t.

Posted on 22/11/2022

FTX’s downfall and crypto’s Bitcoin betrayal

Bitcoin was a genuine technological innovation. But tthe crypto industry has become filled with scams, Ponzi schemes and bad actors.

Posted on 22/11/2022

‘Crypto Is Here To Stay’ Says Billionaire Hedge Fund Manager Ackman

Bill Ackman, the billionaire CEO of Pershing Square Capital Management, claims he’s had a change of heart regarding crypto and now believes digital assets are here to stay. “I was initially a crypto ...

Posted on 22/11/2022

Asia-Pacific markets set to rise as positive sentiment grows

Shares in the Asia-Pacific were set to rise on Tuesday as positive sentiment grows. The Nikkei futures contract in Chicago was at 28,050 while its counterpart in Osaka was at 28,040. That compared ...

Posted on 22/11/2022

Here’s why celebrity-endorsed crypto giant FTX is surrounded by scandal

From bankruptcy filing to a class action lawsuit, here's what we know about the controversy surrounding crypto giant FTX.

Posted on 22/11/2022

Coinbase Hits Record Low as Crypto Contagion Anxiety Intensifies

Coinbase Global Inc. shares hit an all-time low amid rising investor skittishness over how far the fallout from rival exchange FTX’s insolvency might spread.

Posted on 22/11/2022

Investors flock to short crypto funds, products as negative sentiment deepens -CoinShares

Institutional investors rushed to crypto products that bet on price declines, posting record inflows, as the collapse of digital asset exchange FTX rippled across the industry and significantly ...

Posted on 22/11/2022

FTX Latest: CFTC Chief to Testify at Senate; Crypto Market Sinks

Commodity Futures Trading Commission Chairman Rostin Behnam will testify at a Senate Agriculture Committee hearing on Dec. 1 about the collapse of crypto exchange FTX, the committee said in an ...

Posted on 22/11/2022

Collapsed crypto exchange FTX owes top 50 creditors over $3 billion, new filing says

A list of FTX's top 50 unsecured creditors shows the largest lender of the bunch is owed more than $226 million.

Posted on 22/11/2022

IPO funds raised by Southeast Asian companies fall amid economic headwinds

We expect IPO activity to go through cyclical highs and lows, as the market re-calibrates from the pandemic mindset to 'regular programming'," said Tay Hwee Ling, disruptive events advisory leader ...

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