"The merge" will transform how ether, the Ethereum blockchain's cryptocurrency, will be created — which will, in theory, consume 99% less energy. ( read original story ...)
Crypto trading platform eToro launches $20 million NFT fund as industry approaches inflection point
EToro is launching a fund to support new digital art in a first step toward broader expansion of NFT investment services. ( read original story ...)
Crypto industry needs ‘sensible’ regulation, expert says
Ava Labs President John Wu weighed in on potential regulation for cryptocurrencies, arguing that it is most important that there is "certainty" in the near future. ( read original story ...)
‘Spigots of capital’ will flood into crypto once policy and regulation are set, ‘Shark Tank’ investor Kevin O’Leary predicts
"What we're missing is policy. When we get policy, and the regulator regulates, that's not a negative thing," O'Leary said at a conference. ( read original story ...)
Ex-Sen. Cory Gardner joins crypto lobbying group
Former Sen. Cory Gardner (R-Colo.) will join the Crypto Council for Innovation as its chief political affairs strategist, the industry trade group said Thursday. The council, which is backed by crypto ... ( read original story ...)
Ronin Network bailed out by crypto giant after hack
A cryptocurrency and NFT games company which was hacked for $540m (£412m) last month says its customers will now be reimbursed after a cash injection.Hackers emptied the company's Ronin Network ... ( read original story ...)
KKR To List Japan’s Kokusai Electric As Early As June, Sources Say
U.S. private equity firm KKR & Co Inc plans to take Japanese chip equipment maker Kokusai Electric Corp public in an IPO as early as June, three sources said, in what is likely to be Tokyo's biggest ... ( read original story ...)
Japan Nikkei extends losses on Fed aggressive rate hike bets
Meanwhile selloff was also fuelled amid concerns over the war in Ukraine and more sanctions on Moscow. The United States imposed more sanctions on Moscow as Russian forces bombarded Ukrainian cities, ... ( read original story ...)
American Finance Executive Arrested in Tokyo Describes His Ordeal
Prosecutors have accused Trevor Hill of SMBC Nikko Securities of conspiring to manipulate stock prices, while Japanese media have depicted the case as one of the most serious financial offenses of ... ( read original story ...)
Anthony Scaramucci on Crypto: It’s ‘Almost Impossible to Extinguish’ It in the U.S.
Former White House Director of Communications Anthony Scaramucci spoke about the future of crypto and American politics at an event this week, and said that the IRS treatment of c ... ( read original story ...)
Yellen says U.S. crypto rules should support innovation, manage risks
U.S. Treasury Secretary Janet Yellen said on Thursday crypto asset regulations should support responsible innovation while managing risks, sticking to the contours of a recent White House executive ... ( read original story ...)
Yellen calls for crypto regulation to reduce risks, fraud
Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and other digital assets and to ward off fraudulent and illicit transactions. ( read original story ...)
UPDATE 1-Japan buyers agree to Q2 aluminium premium of $172/T, sources say
The premium for aluminium shipments to Japanese buyers for April to June was set at $172 a tonne, down 2.8% from the previous quarter, as weak demand in Japan and China outweighed concerns of supply ... ( read original story ...)
First Digital Bank Set To Debut On Tokyo Exchange
Funds raised from the IPO, which is the biggest Tokyo listing since SoftBank’s $21 billion IPO in 2018, will be used to expand the company’s banking-as-a-service (BaaS) business for B2B customers, the ... ( read original story ...)
Japan stocks lower at close of trade; Nikkei 225 down 1.69%
Japan stocks were lower after the close on Thursday, as losses in the Gas & Water, Shipbuilding and Transportation Equipment sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 1. ( read original story ...)
After $600 million crypto heist, Axie Infinity team raises $150 million and launches another NFT game
Last week Sky Mavis, the Vietnam-based company behind the crypto game Axie Infinity, revealed that a hacker stole hundreds of millions of dollars worth of crypto from its blockchain. Sky Mavis ... ( read original story ...)