"This is a very, very bad thing. The country did not need a currency that was good for kidnappers," Munger said in an interview with CNBC's Becky Quick Tuesday.
Billionaire investor Charlie Munger says crypto is rife with fraud and delusion – and regulators should have banned it early on
Warren Buffett's right-hand man said investors are too eager to buy into the latest fad, and crypto's novelty meant regulators overlooked its dangers.
Sam Bankman-Fried was hailed as a crypto wonder child. What happened?
Bankman-Fried promoted himself as an eccentric genius. In reality, his image was a distraction from what was going on inside FTX ...
FTX Debacle Could Drag Down Decentralized Crypto Too
Decentralized finance doesn’t provide a solution to many of crypto’s deeply-rooted problems, nor will it be left alone by regulators.
FTX Accounts Drainer Swaps Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder
Some $27 million worth of ether was converted to the DAI stablecoin, while funds on the BNB Chain were converted to ether and bridged to the Ethereum network.
Who is Binance founder Changpeng ‘CZ’ Zhao, the billionaire who wants to ‘rebuild’ crypto?
Binance founder and CEO Changpeng Zhao is once again in the global spotlight, this time as the self-appointed white knight of crypto as the industry is embroiled in crisis.
FTX failure may strengthen case for more robust crypto regulation
The spectacular collapse of major cryptocurrency exchange FTX is prompting calls for stronger regulation in Congress, where some bipartisan proposals are being characterized as too industry friendly.
After FTX’s collapse, VCs across industries are finally acknowledging crypto’s failures — and they’re preparing for ‘more blows’ to come
After FTX's bankruptcy, venture capitalists are acknowledging crypto's shortcomings, rethinking investments, and preparing for backers to step away.
Japan unicorn Opn buys MerchantE to enter U.S. online payment sector
"Besides financial institutions that participated in the financing (for the deal), Japan Bank for International Cooperation and governmental funds such as Japan Investment Corp gave us strong support ...
Bank Stocks, Stronger Yen Drive Tokyo Equities Into Green
MT Newswires Primary Image Tokyo's finance-sector stocks finished up 0.8% on the day, reported TradingView. The yen traded to 139 to the US dollar after having nearly reached 150 to the greenback in ...
U.S., Japan and partners mobilise $20 billion to move Indonesia away from coal
By David Lawder and Valerie Volcovici NUSA DUA, Indonesia/SHARM EL-SHEIKH, Egypt (Reuters) - A coalition of countries will mobilise $20 billion of public and private finance to help Indonesia shut ...
US, Japan and EU unveil $20 billion plan to wean Indonesia off coal
The U.S., Japan and a suite of other partners on Tuesday unveiled a $20 billion plan to help Indonesia curb reliance on coal-fired power in the world's fourth-most populous country. Why it matters: ...
Japan to resume offshore wind auctions in December with revised rules
Japan plans to resume public auctions for offshore wind power projects in December under revised rules aimed at encouraging a wider range of operators and accelerating the development of ...
IPO Of 6-Year-Old “Future Food” Startup – BASE FOOD, Inc.
After the IPO, the company will invest more in research and development ... It will be directly shipped from Japan. HKTV mall link: *1 meal, equivalent of 1 pack of BASE PASTA, 2 packs of BASE BREAD, ...
U.S., Japan and partners mobilise $20 bln to move Indonesia away from coal power
A coalition of countries will mobilise $20 billion of public and private finance to help Indonesia shut coal power plants and bring forward the sector's peak emissions date by seven years to 2030, the ...
Japan’s Nikkei holds ground despite surprise economic contraction
Japan's Nikkei index edged higher on Tuesday, as traders scooped up beaten-down stocks, even as data showed a surprise contraction in the domestic economy.