Cryptocurrency markets from bitcoin to DeFi might be full of rampant speculation, but they might be keeping the fires of capitalism lit. ( read original story ...)
BlockFi Raises $50M From Universities, NBA Star, Others as Crypto Lending Soars
BlockFi, a major player in the crypto lending sector, has now raised nearly $100 million in the past 12 months. ( read original story ...)
IRS Plans to Ask Every American Worker if They Used Crypto in 2020
Every American filing taxes for 2020 will have to tell the IRS whether they used crypto this year, according to new drafts from the tax agency ... ( read original story ...)
Today In Payments: $50B In Crypto Moved Out Of China; Uber Health To Deliver Meds
In today's top news, $50 billion worth of cryptocurrency was transferred out of China, and Uber Health and NimbleRx have teamed on prescription delivery. ( read original story ...)
Hong Kong gives approval in principle to OSL for first crypto exchange license
Hong Kong's markets regulator has agreed in principle to issue a license to cryptocurrency firm OSL Digital Securities, a unit of Fidelity-backed BC group , the company said in an exchange ... ( read original story ...)
Robinhood’s former head of crypto joins FTX.US as COO
Sina Nader, the former head of crypto at brokerage firm Robinhood, has joined FTX.US exchange as COO, The Block has learned.The post Robinhood's former head of crypto joins FTX.US as COO appeared ... ( read original story ...)
Japan gets ready to lift COVID-19 reentry ban on foreigners
TOKYO -- Japan has begun preparing to allow long-term foreign residents to return to the country in September, Nikkei has learned, after facing criticism as the only Group of Seven economy to ... ( read original story ...)
Tokyo court grants protective order to recover some funds lost in the 2018 Coincheck hack
Tokyo's Metropolitan Police Department is anticipating the recovery of stolen funds from 2018's Coincheck exchange hack. To that end, law enforcement obtained a protective court order in March ... ( read original story ...)
Los Alamos National Laboratory builds an AI system to detect illicit crypto miners
Los Alamos National Laboratory, partly-owned by the U.S. Department of Energy's National Nuclear Security Administration, has developed an artificial intelligence (AI)-based system to detect illicit ... ( read original story ...)
Bitcoin Has Lost Its Way: Here’s How to Return to Crypto’s Subversive Roots
Bitcoin has traded its radical potential for the prospect of mainstream adoption. It's not worth it, writes Rachel-Rose O'Leary. ( read original story ...)
Mizuho Bank to charge 1,100 yen for old-fashioned paper bankbooks
Mizuho Bank Ltd. customers who prefer an old-fashioned paper bankbook will have to dip into their savings if they want one starting in January. Customers will have to shell out 1,100 yen ($10.42) ... ( read original story ...)
Tokyo-based collaboration platform BeaTrust lands $2.8 million seed round
Tokyo-based BeaTrust has raised a JPY 300 million (about USD $2.83 million) seed round for its enterprise collaboration platform. The startup's ambitious goal is to change corporate culture at large ... ( read original story ...)
Airbnb files confidentially for IPO as travel begins to rebound
Airbnb Inc. said it has filed to go public in a long-awaited listing as the company emerges from the effects of the coronavirus pandemic. The San Francisco-based company said Wednesday in a statement ... ( read original story ...)
Under pressure, Japan banking industry mulls cut in money-transfer fees slowing push to go cashless
Interbank transfer fees haven't budged for over 40 years and the government is calling for change as payment providers are just passing on the costs to retailers. ( read original story ...)
Crypto Conversation: Online Dating Hooks Up With Algorand
What's hot in crypto this week? It's Algorand. ALGO is a public, pure proof-of-stake blockchain launched in 2018 by a Boston-based team and founded by Turing-award winner and cryp ... ( read original story ...)
Blockchain-Based Crypto Payments Need To Focus On User Experience To Go Mainstream
Despite this engagement, however, the utilization of cryptocurrency as a legitimate fiat alternative, i.e., using crypto as money, remains something of an oddity, with only a relatively small ... ( read original story ...)