We’re still in the “fax era” when it comes to transferring money overseas, says Lightspark CEO and former PayPal president David Marcus. But he believes Bitcoin’s Lightning network can change that.
Standard Chartered-owned crypto firm Zodia launches in Singapore
Zodia Custody, a subsidiary of Standard Chartered, has expanded its presence in Singapore for the first time, the company told CNBC exclusively.
Japan Tests Demand in Another Debt Sale After Ueda Rate Remarks
The Japanese government will face another test of demand in the bond market with a five-year auction Tuesday in the first sale since central bank Governor Kazuo Ueda jolted markets with comments on ...
Government asks crypto scammer to return BMW and $5.2 million in Bitcoin
T his month, the U.S. Department of Justice (DoJ) is forcing Arizona-based hacker Ahmad Wagaafe Hared to forfeit his 2017 BMW i8 and approximately $5.2 million worth of Bitcoin to the federal ...
Marketmind: Japan waves ripple far and wide
A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.Never underestimate the Bank of Japan's ability to move markets.Just as the dollar's rally appeared to be ...
FTX 2.0: Bankman-Fried’s Former Crypto Exchange Outlines Plan for Potential Reboot
A plan to reboot a new version of defunct crypto exchange FTX Group may emerge as soon as next year, potentially injecting a jolt of activity back into a market that’s been largely subdued since the ...
Crypto’s hacking problem is out of hand—and it’s going to get worse before it gets better
To be fair, crypto is not the only industry plagued by hackers. Cybercriminals have also wrecked havoc at hospitals, state governments, and many Fortune 500 companies. And fighting off hackers when ...
Bitcoin Drops Below $25K With Altcoins Bracing for Deeper Crash from FTX Crypto Sale
Alternative cryptocurrencies could take a hit as FTX looks to shed its $3.4 billion stash of digital assets, crypto services provider Matrixport noted.
Inside the $8 billion Australian-registered crypto giant: accounts come with warning
Auditors for $7.8 billion Australian crypto firm Animoca Brands have warned there is “material uncertainty” about its viability in part because of a $US110 ...
Analysis-For retail investors, jumping on Arm’s blockbuster IPO is a risky business
Retail traders getting their first bite at Arm Holdings' highly anticipated public offering when the British chip designer begins trading this week should beware: individual investors often get burned ...
New IRS Form 1099 Crypto Reporting Rules Bring More Taxes
No matter the transaction, you may have a gain or a loss triggering taxes. And new 1099 reporting rules will make the tax bite more certain.
Japanese Yen Forecast: USD/JPY Slips After BoJ Talk, EUR/JPY Eyes ECB Rate Decision
The Japanese Yen picked up a small bid after a weekend article suggested that the Bank of Japan (BoJ) may soon review its ultra-loose monetary policy.
Bitcoin Vs. Seasonal Tokens: Navigating The Crypto Halving Landscape In 2024
Bitcoin's supply will halve, exerting deflationary pressure on BTC. However, Bitcoin's four-year halving cycle, despite historically driving price appreciation, is becoming less predictable and ...
Crypto Exchange Coinbase to Disable Some Accounts of Indian Users
US-based crypto exchange Coinbase Global Inc. said it will disable some Indian accounts while adding that the company remains “committed” to opportunities in the nation over the long term.
SoftBank mulls raising Arm IPO price range
The owner of British chip designer Arm is mulling increasing its IPO price range ahead of its flotation in New York on Wednesday after a surge in investor interest in the company. Japan-based SoftBank ...
Japan Yields Hit Highest Since 2014 After Central-Bank Chief Mulls Rate Rises
It may not sound like a lot, but a buyer of the benchmark Japanese government bond can now get more than 0.7% interest—the most in nearly a decade. Monday’s rise in the yield of Japan’s 10-year ...