The international manhunt for Do Kwon, co-founder of collapsed crypto operator Terraform Labs, has put the spotlight on Singapore as the crypto hub’s reputation takes a hit following the failure of ...
Bank of Japan board debated risk of overshoot in inflation, September meeting summary shows
TOKYO, Oct 3 (Reuters) - Some Bank of Japan policymakers said inflation may overshoot initial expectations, with one member saying it was important to communicate an exit strategy from ultra-easy ...
Japan’s Business Mood Worsens in Q3 – BOJ Tankan
Service-sector sentiment brightened a tad from three months ago, the Bank of Japan's "tankan" survey showed, although retailers were less optimistic due to the rising cost of living blamed on higher ...
Crypto ‘may have hit the ultimate bottom months ago,’ analyst says
After those manic price peaks of last year, 2022 hasn’t been kind to crypto buyers but the market’s swoon earlier this year may have put crypto above major stock indexes for the last three months.
This Week on Crypto Twitter: Musk and Dorsey’s Text Correspondence Leaked, Do Kwon Pleads (Further) Innocence
The week began on crypto Twitter with Ukraine DAO—a decentralized autonomous organization (DAO) that has so far raised millions for Ukraine’s defense and relief work since the start of the Russian ...
Crypto Exchange Coinbase Temporarily Halts Payments and Withdrawals From US Bank Accounts
Coinbase has temporarily halted transactions from U.S. customers, according to a status update made by the crypto exchange at 7:57 a.m. ET Sunday morning. The bug restricts U.S. bank accounts from ...
Some ultra-wealthy are buying high-end art for their yachts as a recession hedge while stocks, real estate, and crypto tank on global uncertainty
The ultra-wealthy are adding luxury art to their portfolios as a recession hedge — and they're increasingly displaying it on their megayachts.
‘Better Tech’—A Legendary Google Billionaire Is Backing A Radical Bitcoin And Ethereum Rival Despite Huge $2 Trillion Crypto Price Crash
Former Google chief executive and billionaire Eric Schmidt has said chainlink has "better technology" and "scales better" than other cryptocurrencies like bitcoin and ...
Crypto Volatility Creates Opportunity for Wall Street Traders
Institutions are leaning on tactics used in traditional markets, including short selling and mining information on loan contracts.
Japan spent record of nearly $20 billion on intervention to support the yen
Japan spent up to a record 2.8 trillion yen ($19.7 billion) intervening in the foreign exchange market last week to prop up the yen, Ministry of Finance data showed on Friday, draining nearly 15% of ...
Consumer Complaints About Crypto Are on the Rise Amid Industry Slump, Data Shows
Consumer complaints have again put the risks from the cryptocurrency trade in the spotlight, as thousands of complaints have flooded into the Consumer Financial Protection Bureau over the past two ...
Tokyo likely spent record amount on yen-buying intervention
TOKYO/ OSAKA--Finance Minister Shunichi Suzuki said authorities stood ready to respond to speculative currency moves, a fresh warning that comes days after Tokyo intervened in the foreign exchange ...
CFTC Goes After Digitex Crypto Exchange In Lawsuit
On Friday, the Commodities Futures Trading Commission went after crypto exchange Digitex and its founder Adam Todd in a lawsuit, claiming that it has “never been registered with the Commission in any ...
Crypto lender Celsius not seeking payments for outstanding loans
Bankrupt crypto lender Celsius Network said on Friday it is not seeking to enforce payment obligations for outstanding loans during its Chapter 11 proceedings and that borrowers do not need to repay ...
Deglobalization Is Happening. Crypto Is Part of the Answer
This article is excerpted from The Node, CoinDesk's daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the full newsletter here. These points were ...
Ethereum’s Founder on What Crypto Can — and Can’t — Do
It is a conversation about crypto, but it is not really about the part of crypto people are most familiar with. So I want to give some context. So there’s crypto as this frothing, speculative, hyper ...