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Tag: crypto

Posted on 01/02/2022

CBDC’s Could Damage the Economy, says Ex-Bank of Japan Official

Hiromi Yamaoka believes that applying interest raytes to CBDCs could end up triggering fears over the stability of Yen’s value ... ( read original story ...)

Posted on 01/02/2022

FTX valued at $32bn as blue-chip investors pile into crypto groups

Cryptocurrency exchange FTX has been valued at $32bn in a new funding round announced on Monday, as blue-chip investors continue to pile into the hype-fuelled sector. Japan’s SoftBank and Canada’s ... ( read original story ...)

Posted on 01/02/2022

7 Crypto Projects That Were Total Scams (January 2022 Edition)

We’re taking a look at the biggest crypto scams of the month. And it should probably be noted this isn’t necessarily a comprehensive list. These are just the largest scams we came across. Be careful ... ( read original story ...)

Posted on 01/02/2022

Ukraine is going all-in on becoming the world’s premier crypto superpower. Now the Russia crisis is scaring investors

Ukraine was hoping to be the main DeFi hub of the world, but will rising border tensions stop their ambitious crypto plans from coming true? ( read original story ...)

Posted on 01/02/2022

Binance is reportedly building a $1 billion insurance fund to counter crypto hacks

Binance on January 29 also restricted 281 personal Nigerian accounts, with approximately 38% of these at the request of international law enforcement. ( read original story ...)

Posted on 01/02/2022

Fireblocks raises $550 million amid surging crypto infrastructure funding

US-based crypto as a service platform Fireblocks raised $550 million in Series E funding, quadrupling its valuation to $8 billion from six months ago. ( read original story ...)

Posted on 01/02/2022

January Selloff Wiped $500 Billion Off Crypto Market Cap

Since the beginning of the year, the market value of cryptocurrencies has decreased by approximately $500 billion, plummeting from $2.2 trillion to $1.68 trillion. ( read original story ...)

Posted on 01/02/2022

Billionaire Bankman-Fried’s Crypto Exchange FTX Lands $32 Billion Valuation And $400 Million In New Funding

In its third funding round in six months, FTX Trading, one of the world's busiest cryptocurrency exchanges, has raised another $400 million in new investments, the firm announced Monday morning, ... ( read original story ...)

Posted on 31/01/2022

Terra’s luna crypto coin slides 10% after DeFi project Wonderland collapses in controversy

Terraform Labs' luna coin fell sharply on Monday as controversy enveloped DeFi platform Wonderland, denting related tokens in the ecosystem. ( read original story ...)

Posted on 31/01/2022

As crypto floods Texas, high energy use draw Congressional scrutiny

To beat out other miners doing exactly the same thing requires not only fleets of increasingly fast computers but huge amounts of energy to run them. From wind farms in West Texas to an old coal plant ... ( read original story ...)

Posted on 31/01/2022

Northern Data Bets On Crypto To Bankroll Its Cloud Ambitions

Investment in high-end, sustainable computing power gives Northern Data an edge in the cryptocurrency mining sector, but the bigger opportunity lies in cloud computing services ... ( read original story ...)

Posted on 31/01/2022

Binance Builds Up $1 Billion Insurance Fund Amid Crypto Hacks

Binance Holdings Ltd. has built up a $1 billion insurance fund for its users amid a barrage of hacks on cryptocurrency trading platforms, according to a memo. ( read original story ...)

Posted on 31/01/2022

Japan Nikkei extends gain on upbeat offshore lead, sold earnings

At closing bell, the 225-issue Nikkei Stock Average advanced 284.64 points, or 1.07%, to 27,001.98. The broader Topix index of all First Section issues on the Tokyo Stock Exchange gained 19.04 points, ... ( read original story ...)

Posted on 31/01/2022

Japan – Skadden Advises The Underwriters In JBIC’s US$500 Million Government-Guaranteed Green Bonds Offering.

Skadden advised J.P. Morgan, Crédit Agricole CIB, Daiwa Capital Markets Europe and Morgan Stanley as the underwriters in the US$500,000,000 offering of 1.625% government guaranteed bonds due January ... ( read original story ...)

Posted on 31/01/2022

Crypto risks ‘destabilising’ emerging markets, says senior IMF official

Sharp price swings in cryptocurrencies are causing “destabilising” capital flows in emerging markets, and the use of crypto in place of traditional currencies poses “immediate and acute risks”, ... ( read original story ...)

Posted on 31/01/2022

Crypto Exchange BitMEX Airdrops 1.5M BMEX Tokens to Users

Crypto exchange BitMEX airdropped 1.5 million BMEX, its first native tokens, to users as it looks to revive retail interest. The tokens were airdropped based on a user’s previous activity on the ... ( read original story ...)

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