Bulgarian-born German citizen Dr. Ruja Ignatova invented the cryptocurrency OneCoin, which she marketed worldwide, attracting investors from far afield. ( read original story ...)
UST and Luna Coins Collapse, Creating Crypto Chaos
The crypto market has lost almost $1.6 trillion from its all-time high of $3 trillion. After days of cryptocurrency chaos, let's take stock of the damage. The cryptocurrency market is valued at $1.35 ... ( read original story ...)
Postmates founder banks $23 million for his new crypto startup TipTop
Postmates founder Bastian Lehmann’s new crypto startup TipTop was lightly teased out a few weeks ago, but now the stealth startup is sharing some info on its early funding, though there’s not ... ( read original story ...)
Crypto world stabilizes, bitcoin rallies after stablecoin slide
Cryptocurrencies steadied on Friday, with bitcoin recovering from a 16-month low after a volatile week dominated by the collapse in value of TerraUSD, a so-called stablecoin. ( read original story ...)
Japan stocks higher at close of trade; Nikkei 225 up 2.64%
Japan stocks were higher after the close on Friday, as gains in the Shipbuilding, Chemical, Petroleum & Plastic and Power sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 2.64%. ( read original story ...)
Japan’s Largest Broker Nomura Now Offers Bitcoin Derivatives
Nomura Holdings Inc, Japan's largest brokerage and investment bank, began trading bitcoin derivatives contracts to its Asian clients after a rise in institutional demand “significantly” increased, ... ( read original story ...)
Crypto billionaire Sam Bankman-Fried: ‘I got involved with no clue what a blockchain was’
We’ll send you a myFT Daily Digest email rounding up the latest Life & Arts news every morning. When an aide told me that “one of our drivers” would pick me up for my lunch with Sam Bankman-Fried, I ... ( read original story ...)
As Terra’s stablecoin collapses and luna hits zero, the crypto project simply switches off its network
Terraform Labs has completely halted the network after luna plunged more than 99%, having earlier failed to stem the decline. ( read original story ...)
Crypto Investor Who Lost Big Money Spooks Luna Founder’s Wife at Home: Report
Do Kwon, the founder of the cryptocurrency Luna and the stablecoin TerraUSD, has reportedly been in contact with police after a possible investor in the coin “trespassed” at his home, according to a ... ( read original story ...)
Stock Market Today – 5/13: Stocks Move Higher As Powell Soothes Rate Bets, Crypto Market Steadies
Risk sentiment improved Friday, pushing U.S. equity futures higher into the final trading day of a volatile week on Wall Street. ( read original story ...)
Has SoftBank’s IPO Pressure On Paytm Backfired On The Masayoshi Son-Led Fund?
SoftBank’s $1.4 Bn investment in Paytm till date has a fair value of $800 Mn as per the Japanese VC, but did it create this situation? ( read original story ...)
Cryptocurrency is not actually perfectly designed for crime. Just ask the crypto cops.
It was the biggest signal yet that cryptocurrency, once seen as attractive to criminals for its supposed shield of anonymity, may not be so crime-friendly after all. Just a few years ago, the federal ... ( read original story ...)
‘Stablecoin’ collapse crushes crypto
STORY: Bitcoin is set for a record seventh consecutive weekly loss, as the collapse of a leading stablecoin and concerns about inflation continue to crush markets.The world's most established ... ( read original story ...)
How More Than $1 Trillion of Crypto Vanished in Just Six Months
The helium is coming out of bitcoin and other cryptocurrencies as investors shy away from risk. ( read original story ...)
Japan shares higher at close of trade; Nikkei 225 up 2.64%
Investing.com – Japan equities were higher at the close on Friday, as gains in the Shipbuilding, Chemical, Petroleum&Plastic and Power sectors propelled shares higher. At the close in Tokyo, the ... ( read original story ...)
Nikkei sees best day since late-March, led by SoftBank gains
Japan's Nikkei benchmark stock index posted its biggest rise in more than a month and half as investors scooped up cheap stocks, with SoftBank Group leading gains. SoftBank Group provided the biggest ... ( read original story ...)