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.
‘Bachelorette’ contestant’s firefighter dad has retirement locked up in bankrupt crypto lender
Chapman Shallcross, father of current 'Bachelorette' contestant Zach Shallcross, thought Celsius would be a solid place to put his cryptocurrency. Now he can't access it.
Column: Shame, suicide attempts, ‘financial death’ — the devastating toll of a crypto firm’s failure
Appearing on a panel sponsored by Johns Hopkins University to talk about bitcoin and other cryptocurrencies, Mashinsky, the chief executive of the crypto banking firm Celsius, exuded confidence about ...
Exclusive-Malaysia’s Tenaga plans $1 billion IPO for power business, sources say
The logo of Tenaga Nasional Bhd is seen at its office in Kuala Lumpur December 3, 2013. Shares of Malaysian state power firm Tenaga Nasional Bhd surged on Tuesday after the government said ...
Suspected developer of crypto mixer Tornado Cash arrested
The Dutch government agency responsible for investigating financial crimes said it has arrested an individual suspected of being a developer of the U.S.-sanctioned crypto mixing service Tornado ...
‘JSW Sports IPO likely by 2025’
The results show that India has a lot of talent but all it needs is more structure and more public-private partnerships, says Parth Jindal, founder-director, JSW Sports ...
Japanese banking giant Shinsei offers $60 in XRP or BTC to lure in new customers
Japan's Shinsei Bank has rolled out a program to reward clients with cryptocurrency exchange coupons for opening an account with the bank.
With Alibaba stake cut, SoftBank’s Son cools toward China tech
SoftBank Group Corp's decision to sell down its Alibaba Group Holding stake for a $34 billion gain may be aimed at shoring up cash reserves, but it also underlines how CEO Masayoshi Son has cooled on ...
Japan’s 10-year futures fall amid uncertainties of U.S. inflation
Japan's 10-year government bond futures fell on Friday amid uncertainties about the pace of U.S. inflation, while sentiment was weakened after U.S. Treasury yields rose overnight. Benchmark 10-year ...
Asset managers bet big on crypto despite market rout
Big-name money managers are stampeding into digital assets, finding new ways to monetise investor interest even as trading volumes and prices for bitcoin and other cryptocurrencies have slumped. FTSE ...
Japan July core CPI seen rising 2.4%, near 8-year-high
Japan's core consumer price index (CPI) for July likely rose 2.4% from a year earlier, accelerating to the fastest pace in nearly eight years and topping the central bank's 2% inflation target for a ...
Asian stocks boosted by Japan as investors mull next Fed rate hike; treasuries mixed, Bitcoin and gold waver
Stocks in Asia got a lift from Japan on Friday while Treasuries were mixed as investors evaluated how far the Federal Reserve must jack up interest rates to ensure high inflation keeps cooling.