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Tag: crypto

Posted on 10/08/2022

Elon Musk Reveals The Cryptocurrency He’s ‘Mainly’ Supporting After Tesla Dumped Bitcoin Amid Crypto Price Crash

Tesla billionaire Elon Musk has caused the price of cryptocurrencies, including bitcoin and dogecoin, to swing wildly over the last ...

Posted on 10/08/2022

Elon Musk Reveals The Cryptocurrency He’s ‘Mainly’ Supporting After Tesla Dumped Bitcoin Amid Crypto Price Crash

Tesla billionaire Elon Musk has caused the price of cryptocurrencies, including bitcoin and dogecoin, to swing wildly over the last ...

Posted on 10/08/2022

US’ Biggest Crypto Exchange Coinbase Reports $1.1B Loss

Coinbase suffers a net loss of $1.094 billion in the second quarter, a year after reporting a profit of $1.6 billion in the same quarter.

Posted on 10/08/2022

Japan’s Nikkei falls as chip stocks track U.S. peers lower

But investors were cautious ahead of a local holiday on Thursday and as they awaited U.S. inflation data that could guide the Federal Reserve's rate-hike pace, she said.There were 139 advancers on the ...

Posted on 10/08/2022

Factbox: U.S. IPO activity plunges as Ukraine war triggers volatility

Market volatility triggered by Russia's invasion of Ukraine and soaring global interest rates has forced investors to pull back from backing initial public offerings, resulting in a dramatic decline ...

Posted on 10/08/2022

Finance Minister Suzuki: Japan’s financial position is still severe

Following the Japanese Cabinet reshuffle on Wednesday, the country’s Finance Minister Shunichi Suzuki said that Japan’s financial position is still severe. He added that “it's critical to continue ...

Posted on 10/08/2022

High Taxes Are Driving a Crypto Exodus in Japan

Japan’s cryptocurrency industry is undergoing a wave of exits to friendlier markets due to the high corporate tax rate.

Posted on 10/08/2022

Iran pays US$10 mln import order with crypto for 1st time: report

Iran has made the country’s first cryptocurrency payment with a US$10 million import order this week, which could be an option for the country to bypass broad trade embargoes, according to a media ...

Posted on 10/08/2022

Coinbase racks up $1.1bn loss as crypto trading volumes slump

Exchange tries to ease investor concerns about ability to weather downturn amid questions about growing losses ...

Posted on 10/08/2022

Japan Cabinet Shift Indicates Ongoing BOJ Easing, Economists Say

Japan’s cabinet reshuffle is likely to keep the central bank’s monetary easing intact while the government may do more to ease the pain of rising prices for households, according to economists.

Posted on 10/08/2022

SoftBank, others may pare FirstCry stake pushing company valuation to $4 billion

Japan’s SoftBank and NewQuest Capital Partners are among existing investors seeking to sell shares of IPO-bound FirstCry in the secondary market, valuing the baby products retailer in the range of $3.

Posted on 10/08/2022

Coinbase reels from “fast and furious” crypto crash

Coinbase posted dismal results Tuesday as the crypto powerhouse got slammed by a downturn that “came fast and furious.” Coinbase reported second-quarter financials that missed Wall Street estimates as ...

Posted on 10/08/2022

Coinbase’s earnings fall short of expectations as crypto winter rages

Today after the bell, the largest U.S. cryptocurrency exchange Coinbase reported its second quarter performance.

Posted on 10/08/2022

Sam Bankman-Fried’s crypto firms had deep ties to Voyager Digital and its bankruptcy wipeout

Court proceedings and financial documents detail how complicated relationships were between the two Bankman-Fried firms — Alameda and FTX — and Voyager Digital.

Posted on 10/08/2022

Treasury Sanctions Against Major Crypto Privacy Tool Pose New Risks To The Industry

On Monday, the Office of Foreign Assets Control (OFAC), an agency within the U.S. Treasury, sanctioned a prominent crypto software tool it claims is being used to launder funds by North Korea.

Posted on 10/08/2022

North Korean-sponsored crypto hacks on the rise, experts warn

Cybersecurity experts are warning against the rapid growth of cryptocurrency theft led by North Korean state-sponsored hackers following a series of heists targeting blockchain firms. Nick Carlsen, a ...

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