The total assets on the Bank of Japan’s balance sheet as of June 30 fell by ¥3.8 trillion from May, the second month in a row of declines after having already dropped by ¥2.2 trillion in May from ... ( read original story ...)
The crypto CEO who made waves for paying disgruntled employees to leave says he has no regrets about offending anyone
Kraken's Jesse Powell told Protocol that he wouldn't change his attitude about his now-controversial company culture, which prompted backlash in June. ( read original story ...)
Report: $540 Million Crypto Gaming Hack Made Possible By Elaborate Phishing Scheme
NFT Pokémon clone Axie Infinity went from being famous for players profiting off its “play-to-earn” gaming scam to infamous for getting hacked out of $540 million in cryptocurrency. Now according to a ... ( read original story ...)
What Skeptics Get Wrong About Crypto’s Volatility
One of the leading arguments against crypto is its volatility. In the wake of the most recent downturn, critics have doubled down on this point. But the argument misses an important insight about how ... ( read original story ...)
Crypto exchange FTX still has ‘a few’ billion dollars to backstop industry, says Sam Bankman-Fried
Fried, chief executive at FTX, said he and his company still have “a few” billion to backstop embattled digital asset companies. ( read original story ...)
Bitcoin crosses $20K, Voyager goes bust, and the state of crypto job market: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ... ( read original story ...)
Who’s afraid of crypto ATMs?
In one of my run-of-the-mill conversations about cryptocurrency and California — where I cover Sacramento’s tech policy beat — someone told me about crypto kiosks, where you could buy Bitcoin with ... ( read original story ...)
Japan PM Bets on World-Defying Inflation Policy to Win Election
As politicians around the globe rush to tamp down inflation, Japan Prime Minister Fumio Kishida is betting instead that older voters in particular will look past surging prices in a crucial election ... ( read original story ...)
What’s Wrong With Coins? Crypto Crisis Explained
The crypto industry is currently going through an unprecedented crisis. Here's a guide to what's going on, and what might be next.. ( read original story ...)
Crypto Crisis Brings Back Ghosts of Lehman Brothers
For Gen Z, the crisis in the crypto industry, in which many of them have made and lost their first investments, is a very painful situation. For millennials and older investors, t ... ( read original story ...)
The Last Fad of the Crypto Bubble
So when a new crypto trend called “move to earn” bubbled up this spring, there was all kinds of enthusiasm for it. (At the time, crypto markets were down but it wasn’t yet clear to everyone that it ... ( read original story ...)
Crypto crash: Bitcoin price sinks further as Voyager Digital files for bankruptcy
The price of bitcoin has fallen once again on Wednesday after Voyager Digital became the latest high-profile crypto firm to file for bankruptcy. The Canada-based cryptocurrency lender announced on ... ( read original story ...)
Japan’s 10-year yields fall from BOJ’s target rate
Japan's 10-year government bond yields fell from the limit of the Bank of Japan's policy band on Wednesday, tracking U.S. Treasury peers lower amid fears for economic slowdown. The 10-year JGB yield ... ( read original story ...)
Tokyo Stocks Close Lower
Tokyo stocks closed lower Wednesday after falls in European markets and with fears growing over potential recessions. ( read original story ...)
Japan’s Nikkei falls on slowdown worries, energy losses
Japan's Nikkei fell on Wednesday after a two-day rally, dragged down by energy stocks, as sentiment was weighed by fears of a global economic slowdown. The Nikkei share average fell 1.20% to 26,107.65 ... ( read original story ...)
Will the crypto crash derail the next web revolution?
Advocates argue that the blockchain technology that underpins digital assets will withstand the recent fall in values ... ( read original story ...)