That's the latest haul from yet another successful crypto heist carried out by hackers finding a weakness to exploit. Harmony, a blockchain bridge that helps facilitate transfers between different ... ( read original story ...)
Crypto winter is here. Triangle investors know many companies won’t survive.
As a major downturn hits the cryptocurrency world, Triangle investors say they are still bullish on the digital assets even as values plummet and companies go into survival mode. ( read original story ...)
Next-gen GPU prices will all come down to crypto. Should you wait to buy?
GPU prices are finally at normal levels, but a new generation is looming on the horizon - one that could bring with it another shortage if crypto soars. ( read original story ...)
Singapore Regulator Praises Leaders of Crypto Firms Like Binance
Just days after saying Singapore is “brutal and unrelentingly hard” on bad behavior in the crypto industry, Sopnendu Mohanty, chief fintech officer at the city’s regulator, struck a cordial tone. ( read original story ...)
U.S. crypto firm Harmony hit by $100 million heist
U.S. crypto firm Harmony said on Friday that thieves stole around $100 million worth of digital coins from one of its key products, the latest in a string of cyber heists on a sector long targeted by ... ( read original story ...)
Japan IPOs plunge 30% in biggest drop since 2009
New stock market listings in Japan are on track to fall 30% from a year earlier in the first half of 2022 as a confluence of global factors makes international investment scarce. As of Thursday, 37 ... ( read original story ...)
Zuckerberg shows off Meta headsets, Osaka and LeBron launch media company, Rubin to sell 76ers stake
Yahoo Finance anchors discuss business headlines, including Meta's headset prototypes, Naomi Osaka and LeBron James launching a media company, and the Fanatics CEO planning to sell his ownership stake ... ( read original story ...)
Energy costs are soaring, bitcoin’s price is plummeting — and that’s why big crypto miners are selling tokens at a discount
Profits for bitcoin miners have tumbled in the face of rising electricity costs and a cryptocurrency sell-off that has sent the token to 18-month lows. ( read original story ...)
North Korean Hackers Have Crypto In Their Crosshairs
A former reporter for the Wall Street Journal and Forbes, she is author of “We Are Anonymous.” @parmy + Get alerts for Parmy Olson The world of crypto isn’t just suffering from a market malaise that ... ( read original story ...)
Crypto exchange FTX in talks to acquire stake in BlockFi
Crypto billionaire Sam Bankman -Fried and his FTX exchange is in talks to acquire a stake in crypto lender BlockFi. ( read original story ...)
Crypto Price Crash Will Reveal ‘The Amazons And The eBays’—But Will Bitcoin, Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Survive?
One widely-respected central banker has predicted those that survive the crypto crash could become the tech giants of the ... ( read original story ...)
Poop teaches kids finance in extremely popular textbook on backorder in Japan
A poop-themed children’s financial literacy textbook is on a severe backorder in Japan due to an overwhelming amount of orders. The Financial Services Agency (FSA) in Japan offered to distribute free ... ( read original story ...)
Crypto feels the shockwaves from its own ‘credit crisis’
The deflating bubble in digital assets has exposed a fragile system of credit and leverage in crypto akin to the credit crisis that enveloped the traditional finance sector in 2008. Since its ... ( read original story ...)
Japan needs to update sanctions laws to face future challenges
As the leaders of the Group of Seven nations meet in the Bavarian Alps this weekend, the brutal Russian invasion of Ukraine and resulting sanctions against Russia will no doubt dominate the discussion ... ( read original story ...)
Your crypto may not be protected against bankruptcy — here are steps you can take to protect it
Exchanges must first cover legal fees and debts during bankruptcy, so your crypto may not be safe. ( read original story ...)
Hackers steal $100M of digital coins from crypto firm Harmony
US crypto firm Harmony said Friday that thieves stole around $100 million worth of digital coins from one of its key products, the latest in a string of cyber heists on a sector long ... ( read original story ...)