Huobi Group founder Leon Li is in talks with a clutch of investors to sell his majority stake in the crypto-exchange at a valuation of as much as $3 billion, in what could be the industry’s largest ...
Crypto Biz: A Futurist take on crypto
Blockchain Futurist conference in Toronto, Canada wrapped up this week. DeFi and institutional adoption of crypto were high on the agenda. You might not know it, but Canada is quietly becoming a major ...
Crypto Reddit Mobilizes After Being Pummeled by Bankruptcies
Celsius Network LLC’s nearly 47,000-strong Reddit group was filled with talk about how much everyone was earning by lending their coins through the platform. After the company filed for bankruptcy, ...
5 bizarre Web3 pivots that revealed the inner workings of the crypto hivemind
The NFT market may have crashed back in July, but that didn't spell the end of NFTs. Instead, companies doubled down: Instagram actually expanded its NFT functionality about a week ago and, around ...
The Crypto Crash Is a Wake-Up Call | Opinion
Most retail investors don't understand cryptocurrencies. As Congress debates regulation, education is still the best bet for consumer protection.
The Crypto Industry Has a Key Appointment on Sept. 15
A big change in the platform on which NFTs and other important crypto applications are created is imminent. The crypto industry finally has something to help it forget about the difficult first seven ...
Tornado Cash’s Sanctions Show Shift in Crypto Regulatory Focus
The sanctioning of Tornado Cash and regulated firms’ legal obligation to comply with sanctions regimes are prompting concerns of excessive government pressure from many crypto participants, particular ...
Japan’s Nikkei 225 rises around 2% on return to trade; Asia shares mixed
Shares in the Asia-Pacific were mixed on Friday following strong gains in the previous session as investors digested the U.S. inflation report.
Japan’s Nikkei closes at 7-month high on eased U.S. inflation concerns
Japan's benchmark Nikkei stock index closed at a seventh-month high on Friday as eased concerns over U.S. inflation lifted sentiment and saw tech heavyweights gain. The 225-issue Nikkei Stock Average ...
Japan Nikkei rebounds 2.6%
At closing bell, the 225-issue Nikkei Stock Average index surged by 727.65 points, or 2.62%, to 28,546.98. The broader Topix index of all First Section issues on the Tokyo Stock Exchange added 39.53 ...
India seizes $46 million from crypto exchange Vauld in money-laundering probe
India’s anti-money laundering agency has frozen assets worth $46.4M from the local entity of Vauld for facilitating “crime-derived” proceeds from predatory lending firms.
Dutch Cops Arrest Dev Behind Sanctioned Crypto Mixer Tornado Cash
Authorities claim that founders of a “decentralized” and “open source” project run mostly by the community were making “large-scale profits” off illicit funds funneled through their platform, and now ...
Mark Cuban accused of defrauding investors with $5 billion crypto ‘Ponzi scheme’
A lawsuit filed Wednesday in the United States District Court for the Southern District of Florida accuses Dallas billionaire Mark Cuban of misleading investors through his promotion of cryptocurrency ...
Japanese luxury property developer Lead Real Estate files for $27M US IPO
Japanese luxury property developer Lead Real Estate (LRE) has filed to raise around $27M through an initial public offering on the US market ...
Dutch authorities arrest suspected developer of crypto mixer Tornado Cash
Dutch financial crime authorities have arrested a man suspected of helping to develop Tornado Cash, the crypto mixing service placed under sanctions by the US for alleged money laundering. The arrest ...
A young crypto billionaire’s political agenda goes well beyond pandemic preparedness
Sam Bankman-Fried says he's focused on public health. His political donations, and his activities on Capitol Hill, suggest broader goals.