More holiday gifts might come in liquid form this holiday season. Instead of cash, gift givers are considering giving a slice of Wall Street and cryptocurrency for the first time to family and friends ... ( read original story ...)
The Crypto Rich Are Flocking to Puerto Rico. Here’s Why.
"It's not just, 'Move to Puerto Rico to save tax,'" Giovanni Mendez, a local corporate and tax attorney, told Bloomberg. ( read original story ...)
Cramer’s lightning round: I prefer crypto over gold as a hedge
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. ( read original story ...)
Crypto challenge needs more than an ad man’s touch
The ASA on Wednesday formally rebuked seven crypto businesses for breaching advertising industry standards. It had already warned companies against underplaying the risks of investing in a volatile ... ( read original story ...)
Bank of Japan to decide on extension of relief funding
Japan’s national bank will meet from today until December 17 to decide whether to extend its emergency counter-pandemic funding program. ( read original story ...)
Bank of Japan to Weigh Covid Aid as Main Stimulus Chugs On: Decision Guide
The Bank of Japan is seen standing pat on its main stimulus Friday while weighing an extension to its Covid aid program at the end of a big week of central bank decisions. ( read original story ...)
Crypto investor Katie Haun is leaving Andreessen Horowitz to launch her own fund
One of the world's top cryptocurrency investors said on Wednesday that she's leaving Andreessen Horowitz to start her own venture capital fund. ( read original story ...)
Crypto Investors Briefly Became Trillionaires Yesterday
Cryptocurrency has a reputation for being a volatile investment, with big gains and losses sometimes taking place in a compact time frame. But even with that understanding, two of the biggest players ... ( read original story ...)
Coinbase Glitch Creates Momentary Billionaires on ‘Golden’ Day for FTX: Crypto Minute
In today’s Crypto Minute, Ross Mac looks at a Coinbase glitch that impacted user balances, Robinhood’s acquisition of Cove Markets and FTX’s deal with the Golden State Warriors. ( read original story ...)
Katie Haun is splitting off from a16z to launch her own crypto fund
Katie Haun, who co-led Andreessen Horowitz’s $2.2 billion crypto fund, is splitting off from the firm and taking a number of colleagues with her to start a new crypto-centric fund, Axios reports. Haun ... ( read original story ...)
Unicorn foodtech startup ezCater raises $100M, plans 2023 IPO
SoftBank Vision Fund has added another Boston unicorn to its portfolio, confirming an interest in backing local tech and biotech companies that has become more prominent since at least last year. The ... ( read original story ...)
Big Law is split on letting lawyers trade crypto. Insiders at Sullivan & Cromwell and Latham reveal the firms’ policies.
Law firms are all over the map when it comes to restrictions on crypto trading. Latham & Watkins and Sullivan & Cromwell took different approaches. ( read original story ...)
Ad crackdown leaves crypto unscathed
The ASA on Wednesday formally rebuked seven crypto businesses for breaching advertising industry standards. It had already warned companies against underplaying the risks of investing in a volatile ... ( read original story ...)
The IRS wants to know about your crypto transactions this tax season
The federal government has placed more emphasis on tax reporting in recent years for investors in bitcoin, ethereum and other cryptocurrencies. ( read original story ...)
‘PayPal for Crypto’ wannabe Ramp raises $52.7M Series A round led by Balderton Capital
In the same way that PayPal and Stripe radically changed online payments by allowing any online service to embed payments, the race is on to have the same impact on crypto assets. To this end, players ... ( read original story ...)
An Amazon crypto scam left its victim with a $45,000 bill
Fancy getting a $45,000 bill for work you didn’t do? That’s what Jonny Platt found when his AWS account got hacked by an unscrupulous cryptocurrency miner. ( read original story ...)