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Tag: crypto

Posted on 22/08/2022

World Bank economist fears repeat of ’80s debt crises

Kose, who also serves as chief economist for the Prospects Group’s parent office, sees striking similarities between the current situation and the debt crises of the 1970s and ’80s as less-developed ...

Posted on 22/08/2022

FTX grew revenue 1,000% during the crypto craze, leaked financials show

FTX rode the crypto craze to a billion dollars in revenue last year while expanding its global footprint, according to internal documents seen by CNBC.

Posted on 22/08/2022

Asia-Pacific markets set to fall as investors weigh concerns over Fed hikes

Futures in the Asia-Pacific pointed to a lower open on Monday as concerns over aggressive Fed hikes reemerged. In Japan, the Nikkei futures contract in Chicago was at 28,665 while its counterpart in ...

Posted on 22/08/2022

Art market pushes on with rocky crypto romance

The closest most people get to owning a world-famous artwork is to buy a cheap poster from a gallery, but art dealers are determined to harness technology to draw in new collectors. Anaida Schneider, ...

Posted on 22/08/2022

Crypto, where the fallen seek a fresh start

Adam Neumann launches a new a16z-backed crypto startup for the second time this summer ...

Posted on 21/08/2022

‘Gross Negligence and Foolish Behavior’: Their Crypto ‘Bank’ Failed and They Lost Six Figures Overnight – What Now?

On Sunday, June 12, at 10:20 p.m., George -- like thousands of other customers using crypto lending exchange Celsius -- received an email reading: "Due to extreme market conditions, today we ...

Posted on 21/08/2022

Japan PM Kishida infected with COVID-19 – NHK

Japanese Prime Minister Fumio Kishida has been infected with COVID-19 and is recuperating at his official residence, public broadcaster NHK reported on Sunday.

Posted on 21/08/2022

Japan’s largest bank will back hydrogen and remains committed to gas

MUFG, one of the largest lenders to energy projects, says carbon capture and storage will help it support LNG and hydrogen while meeting net zero commitments.

Posted on 21/08/2022

Kraken Cracks Open Books To Prove Bitcoin, Ethereum, Ripple, Cardano, And Tether Reserves As Crypto Exchanges Draw Scrutiny

He believes that if crypto audits had existed back then, tripwires could have been triggered and the damage lessened. Perhaps the same goes for now bankrupt crypto brokers such as Celsius and Voyager.

Posted on 21/08/2022

A Romance Scammer Took All Your Crypto. Who Ya Gonna Call?

Love scams hit a record high last year, with fraudsters fooling lonely hearts into sending their life savings in hard-to-recover cryptocurrency.

Posted on 21/08/2022

Sudden crypto market drop sends bitcoin below $22,000

Bitcoin on Friday fell to its lowest level in more than three weeks, dipping below $22,000 amid a sudden crypto sell-off in early European trading. Bitcoin briefly plunged from $22,738 to below ...

Posted on 21/08/2022

From Aramco to Visa, here are top 10 largest IPOs of all time

NTT Mobile Communication Network This Tokyo-based telecommunications player raised $18.1 billion when its IPO was floated on 22 October 1998. Headquartered in San Francisco, this company specializes ...

Posted on 21/08/2022

SoftBank sold Alibaba shares to reassure investors, finance chief admits

SoftBank sold a large part of its stake in Alibaba to “instantly show” investors its finances were solid after logging a record quarterly loss of $23bn, the technology conglomerate’s chief financial ...

Posted on 21/08/2022

Japan’s Mitsui nears decision to join new Sakhalin-2 operator, Nikkei reports

Japanese trading firm Mitsui & Co is close to making a final decision to join a new Russian operator for the Sakhalin-2 liquefied natural gas (LNG) project, the Nikkei newspaper said, without citing ...

Posted on 21/08/2022

Crypto Is Tumbling, but in Argentina It’s Still a Safer Bet

Even though cryptocurrencies have lost value, many Argentines see them as a less risky choice than their own currency, whose worth has plunged as inflation has soared.

Posted on 21/08/2022

Ethereum Overhaul Risks Creating a New Class of Crypto Kingpins

This seemingly geeky change, part of a portion of the software upgrade that is called MEV-Boost, could potentially make Ethereum more centralized, at least initially. While there are already more than ...

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