Voyager Digital has filed for bankruptcy, the crypto lender said in a statement on Wednesday, a week after suspending withdrawals, trading and deposits to its platform as it sought additional time to ... ( read original story ...)
Crypto Broker Voyager Digital Files For Chapter 11 Bankruptcy
Last week, the firm issued a notice of default to Three Arrows Capital (3AC) after the hedge fund failed to repay a loan worth more than $670 million. ( read original story ...)
Crypto On July 6: Bitcoin At $20,000, Sluggish Movement Prevails
Investors witnessed a drop in trading volumes Wednesday and almost all the major cryptos were retesting support levels. ( read original story ...)
Crypto Crisis Takes Down Crypto Advertising
In the last two years, a global crypto market worth billions of dollars took root as novice investors looked for new investment opportunities. But the crypto crisis has pretty much wiped off any gains ... ( read original story ...)
Risk profile of crypto markets similar to oil and tech: Coinbase
Crypto-assets bear a similar risk profile to oil and tech stocks and are becoming increasingly intertwined with the rest of the financial system. ( read original story ...)
More Japan Households See Prices Rise a Year From Now – BOJ Survey
The ratio of households expecting prices to rise five years from now, slipped to 79.8% in June, however, from 82.1% in March, the survey showed. Copyright 2022 Thomson Reuters. Comparative assessments ... ( read original story ...)
Japan Carries Over 22.4 T. Yen from FY 2021 Budget
The carry-over from the year that ended in March was the second largest on record, following about 30 trillion yen from fiscal 2020, the ministry said Tuesday. The government again violated the ... ( read original story ...)
Crypto Crisis: Struggling Crypto Lender About to Be Acquired by Rival
And the great crypto shrinkage continues... The crypto platform Nexo, which recently made an offer to buy the assets of Celsius Network, stepped up on July 5 to say it signed a te ... ( read original story ...)
Japan’s FY2021 tax revenue hits record ¥67.04 trillion
Japan's tax revenue in fiscal 2021 hit 67.04 trillion yen, up 10.2 percent from the previous year and setting a record for the second straight year, as the economy continues on its recovery track from ... ( read original story ...)
Even More Crypto Lenders Struggle to Stem Flood of Withdrawals on Their Platforms
Crypto lending platform CoinLoan announced Monday limits on withdrawals while Vauld suspended them altogether, even as it reportedly looks for a buyout. ( read original story ...)
Crypto Price Check: Investors Are Desperate For A Positive Sign
Cryptocurrency prices were off on the first business day after the July 4th holiday as investors continued to remain cautious. Bitcoin, the most popular cryptocurrency, was down slightly to $19,415.74 ... ( read original story ...)
Bank of Japan may adjust ultra-loose policy before Kuroda’s term ends, former central-bank executive says
The Bank of Japan may adjust its ultra-loose monetary policy before dovish Governor Haruhiko Kuroda's term ends next April, if the economy strengthens enough to spur higher wages, former central bank ... ( read original story ...)
Crypto’s Free Rein May Be Coming to a Close
Lawmakers in the US and Europe are considering ways to regulate crypto and crack down on money-laundering and other illicit activities. ( read original story ...)
Crypto Crashed. Wall Street Won.
How Wall Street’s biggest banks sidestepped the crypto meltdown. As Bitcoin prices have plunged and cryptocurrency start-ups have failed, Wall Street’s biggest banks and their ... ( read original story ...)
Bank of England: Crypto crashes show need for tougher rules
The Bank of England warns that recent cryptocurrency meltdowns that wiped out more then $2 trillion in value highlight the need for tougher financial regulations ... ( read original story ...)
Crypto Crystal Ball-Gazing: What Does The Future Hold?
To get a snapshot of the cryptocurrency market from an insider’s perspective, we sat down with Matt Smith, chief executive officer at compliance tech and d ... ( read original story ...)