The 'kimchi premium' helped Darius Sit build a crypto trading empire. He shares some of the risks in the market and where to find alpha. ( read original story ...)
Instagram star Alexis Ren says the dollar-based economy is ‘collapsing’ so she’s going into crypto
"They keep printing more of it, so that it has no value. [The dollar] used to be backed by gold and it's not anymore.," she says. ( read original story ...)
Citadel CEO Kenneth Griffin Outbid a Group of Crypto Investors for Copy of U.S. Constitution
The 53-year-old billionaire paid $43.2 million for the historic document, which he plans to lend to a museum in Arkansas. ( read original story ...)
Japan considers releasing oil reserves to curb prices -Kyodo
Japan's government is considering releasing oil from its reserves in response to rising crude oil prices, Kyodo news agency reported on Saturday, without citing sources. It would be the first time for ... ( read original story ...)
Japan unveils record $490b stimulus
Japanese Fumio Kishida approved a record stimulus package along with unprecedented defense spending on Friday, aiming to jump-start the country's ailing economy and muscle up its military power. The ... ( read original story ...)
A billionaire’s crypto win
The story of a group of cryptocurrency traders failing to buy a copy of the Constitution shows just how much of a gulf there still is between the real world and the crypto world.Driving the news: ... ( read original story ...)
‘Too Risky’: $2.4 Trillion Pension Sector Remains Wary of Crypto
Cryptocurrencies are getting a cool reception in Australia’s A$3.3 trillion ($2.4 trillion) pension fund industry, underlining the challenge digital assets face to win significant investment from ... ( read original story ...)
Crypto-Fueled Plan to Buy the U.S. Constitution Ends With a Big Pool of Money and No Constitution
After raising nearly $49 million in ether in just a few days, the ConstitutionDAO that galvanized blockchain idealists did not win a copy of the US Constitution at Sotheby’s. Last night, the document, ... ( read original story ...)
Crypto collective loses bid for rare copy of US Constitution to hedge fund mogul
ConstitutionDAO raised more than $40 million in less than a week for the auction. But a hedge fund CEO had more. ( read original story ...)
Japan Cabinet OKs record stimulus package
Japan’s Cabinet approved on Friday a record 56 trillion yen ($490 billion) stimulus package, including cash handouts and aid to ailing businesses, to help the economy. ( read original story ...)
Japan’s Credit Card Fintech Nudge Inc. Extends Pre-Series A Round with Capital from Sony Innovation Fund, Others
Nudge Inc., a 'next-gen' credit-card provider and a future challenger bank based in Japan, announced that it has expanded its Pre-Series-A round with additional capital from Insignia Ventures Partners ... ( read original story ...)
Hedge fund billionaire wins copy of U.S. Constitution over crypto collective
Hedge fund billionaire Ken Griffin is the new owner of a rare copy of the U.S. Constitution—beating out the unlikely runner up, crypto collective ConstitutionDAO. On Thursday evening, the Citadel ... ( read original story ...)
Hedge fund titan Ken Griffin outbids crypto group for U.S. Constitution
The Citadel CEO, who is also an art collector, plans to loan the document to the Crystal Bridges Museum of American Art in Bentonville, Ark. ( read original story ...)
Citadel CEO Ken Griffin outbids crypto group for Constitution copy
Ken Griffin, billionaire CEO of hedge fund Citadel, paid $43.2 million for a first-edition copy of the U.S. Constitution at a Sotheby’s auction on Thursday, outbidding a group of cryptocurrency ... ( read original story ...)
Crypto Bidders Lose Rare Copy of the Constitution to Citadel’s Ken Griffin
Market maker Citadel Securities' Kenneth Griffin has reportedly won a rare copy of the U.S. constitution for $43.2 million in a close bidding war with a group of cryptocurrency investors. On Thursday ... ( read original story ...)
Citadel’s Ken Griffin revealed as the winning bidder for a rare copy of the US Constitution, beating out a crowdfunded crypto collective
Griffin paid $43.2 million for the 234 year-old document, effectively outbidding a crowdfunding crypto collective called ConstitutionDAO. ( read original story ...)