Asia-Pacific markets are set to open weaker as ongoing debt ceiling discussions appeared to yield little progress in the U.S. “The president and I know the deadline, so I think we’re going to talk ...
$400 million worth of crypto was stolen in first quarter of 2023, a 70% decline from same period last year, analysis shows
Less crypto is being stolen this year, thanks to industry-wide implementation of anti-money laundering standards, and increased efforts by law enforcement and regulators to go after bad actors, according to new research by TRM Labs,
Ledger’s Crypto Wallet Innovation Is Blasphemy to the Faithful
In this edition of the Bloomberg Crypto newsletter, Hannah Miller explores a crypto contradiction locked in hardware:
FTX’s Dr. Frankenstein Tries to Revive Dead Crypto Exchange
Current FTX CEO John Ray III has spent long hours working toward restarting FTX, and there are some companies lining up to potentially offer aid and funds.
Chinese Labs Are Selling Fentanyl Ingredients for Millions in Crypto
Cryptocurrency-tracing firm Elliptic today released new findings that offer a glimpse of an underreported role of cryptocurrency in the global fentanyl trade: the wholesale supply of ingredients to fentanyl producers around the world.
Nvidia’s AI, Metaverse Investments Keep Business Humming After Crypto Mining Demand Withers
In March, Nvidia announced an alliance with Microsoft MSFT -0.1% that focuses on bringing the industrial metaverse and AI to enterprises via cloud computing platform Azure. Upon the announcement, Nvidia CEO Jensen Huang reiterated that his goal was to to bring new AI, simulation and collaboration capabilities to every industry.
Japan’s govt. reports errors in linking ‘My Number’ IDs with bank accounts
The Japanese government has reported errors in linking "My Number" IDs with individuals' bank accounts for receiving public money payments.
Bitcoin climbs back above $27,000 after Hong Kong greenlights some retail crypto trading
Cryptocurrency prices moved higher on Tuesday after Hong Kong's securities regulator announced it will allow retail trading of certain crypto assets starting June 1.Bitcoin rose 1.7% to $27,293.64, according to Coin Metrics.
Meltem Demirors bet her career on crypto when it was in the doldrums. Now she’s one of the industry’s biggest investing stars.
Meltem Demirors took a gamble on crypto investing when it was shunned by many VCs. Now she's a top seed investor and one of crypto's biggest stars.
Crypto giant Binance commingled customer funds and company revenue, former insiders say
Reuters found no evidence that Binance client monies were lost or taken. SEC chair Gary Gensler has said that many crypto exchanges offering securities to U.S. customers are not complying with laws ...
Hong Kong’s Small Investors Get Crypto Greenlight
Hong Kong’s securities regulator said it will allow small investors to trade cryptocurrencies, lifting a ban that was in place for years. There are a few caveats. Retail investors will be restricted t ...
Analysis: Japan’s Nikkei at 33-year high has more wind in its sails
As Japan's stock market sits atop 33-year highs last seen during the country's 'bubble" era, investors are bullish that the rally in the world's third-largest market has only just begun.
Japan Implements Stricter Anti-Money Laundering Rules for Cryptocurrencies
The Japanese Cabinet announced on Tuesday its decision to enforce more stringent anti-money laundering regulations concerning cryptocurrencies, effective June 1.
Japan’s Nikkei drops from 33-year peak, ends 8-day win streak
TOKYO (Reuters) -- Japan's Nikkei share average dropped sharply from a 33-year high on Tuesday as some investors swooped in to take profits following a breathless eight-day rally. The Nikkei started ...
Chinese money pours into Japan-focused funds, triggering risk warnings
Chinese money is pouring into Japan-focused stock funds as the Nikkei hits 33-year highs, triggering repeated warnings from fund managers about market risks. Two Shanghai-listed exchange-traded funds ...
Japan stocks lower at close of trade; Nikkei 225 down 0.42%
Japan stocks were lower after the close on Tuesday, as losses in the Transportation Equipment, Banking and Steel sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell 0.42%. The best ...