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Tag: finance

Posted on 05/08/2022

Crypto hack attacks, banning stock trading in Congress, and J.Crew cool again? Welcome to ‘Nightcap’

Software engineer Molly White talks to Nightcap's Jon Sarlin about the recent high-profile crypto hacks. Plus, Project on Government Oversight's Liz Hempowicz argues it's crucial to ban members of ...

Posted on 05/08/2022

Currency or Witchcraft?: Crypto Goes Farm-to-Table

Instead, it is working with a pioneer of the farm-to-table movement to use a technology often associated with unfettered global capitalism for a different end: radical localism. The launch this spring ...

Posted on 04/08/2022

Japan may see a reduced 20% tax on crypto earnings with new proposal

The proposal calls for a separate 20% tax on crypto earnings and exemptions of any tax on crypto gains, with losses carried forward for up to three years.

Posted on 04/08/2022

New crypto oversight legislation arrives as industry shakes

The latest bipartisan proposal would hand the regulatory authority over bitcoin and ether to the Commodities Futures Trading Commission.

Posted on 04/08/2022

‘Exclusive’ Oversight—Senate Introduces A Radical Crypto Bill As Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Dogecoin Swing

A Senate committee has introduced a bill that would give the Commodity Futures Trading Commission (CFTC) "exclusive" oversight over a newly-created asset class called digital commodities that includes ...

Posted on 04/08/2022

Burned by big losses, crypto investors are going to court. Legal experts break down the top tactics being used to win some of that money back.

Insider spoke to experts about legal options to recover crypto losses, from securities class actions to shelling out for a confidential arbitration.

Posted on 04/08/2022

After four years, Japan brings back its first crypto ATM

The crypto ATMs will allow users to withdraw a max of $747 (100,000 yen) per transaction, with a max withdrawal cap of $2,243 (300,000 yen) per day.

Posted on 04/08/2022

Japan’s Nikkei gains despite Toyota’s plunge on earnings

Japanese stocks gained on Thursday despite an afternoon plunge in Toyota Motor Corp as the country's biggest automaker posted a large drop in quarterly earnings. Japan's Nikkei share average closed up ...

Posted on 04/08/2022

Japan must prepare for eventual end to BOJ’s yield cap, says MOF executive

Japan must prepare for the time the central bank abandons its 0 per cent cap on long-term interest rates and when private investors become the dominant player in the government bond market, said a ...

Posted on 04/08/2022

A pair of hacks rattle an already jangly crypto industry

A pair of crypto hacks totaling nearly $200 million in losses and likely more than 10,000 users has prompted worry in an industry already unsettled by falling prices. On Wednesday, Solana, a popular ...

Posted on 04/08/2022

Another crypto bridge attack: Nomad loses $190 million in ‘chaotic’ hack

Heists continue to plague the crypto world, with news of large sums stolen from digital currency firms seemingly every month. But while crypto exchanges were once the main point of attack, hackers now ...

Posted on 04/08/2022

It has been a miserable August for crypto — and it’s only the third day of the month

It's been a rough week for crypto, from cross-chain bridge hacks draining hundreds of millions of dollars to the SEC coming after crypto Ponzi schemes.

Posted on 04/08/2022

Solana attack targets thousands of crypto wallets, costing users more than $5 million

Solana’s sol token, one of the largest cryptocurrencies after bitcoin and ether, fell about 8% in the first two hours after the hack was initially detected.

Posted on 04/08/2022

Hack Drains Millions of Dollars From Thousands of Solana Crypto Wallets

Unknown hackers reached their fingers into over 8,000 first and third-party connected crypto wallets. Losses are estimated at over $5.2 million.

Posted on 04/08/2022

Bitcoin advocate Michael Saylor stepping down as CEO of company after crypto crash loses it $1 billion

Michael Saylor, the bitcoin advocate and chief executive of Microstrategy, is stepping down as head of the company after his bets on crypto lost it $1 billion. Mr Saylor has led business intelligence ...

Posted on 03/08/2022

Blockchain.com Review 2022: No Insurance Coverage Means Crypto Investors Should Pass on This Exchange

This lack of insurance is a major disadvantage compared to the coverage offered by what we consider to be the best crypto exchanges. Blockchain.com says it supports 120 cryptocurrency pairs.

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