More than $2 trillion has been wiped from the overall crypto market in the seven months since it peaked last November. This averages out at nearly $10 billion per day, with retail investors, ... ( read original story ...)
SEC Commissioner Does Not Support Crypto Bailouts, Says Market Crash Reveals True Innovators
Count SEC Commissioner Hester Peirce among those believing that the recent crash could give the industry a more sustainable foundation for the future. But first the crypto market may need to go ... ( read original story ...)
Naomi Osaka Launching Media Company With LeBron James’ SpringHill
Tennis superstar Naomi Osaka is getting into the entertainment business, launching a media company in partnership with LeBron James’ and Maverick Carter’s The SpringHill Company. As detailed ... ( read original story ...)
Naomi Osaka Launching Media Company ‘Hana Kuma’ in Partnership with LeBron James
Tennis star Naomi Osaka is launching a mediacompany in collaboration with SpringHill Company, the entertainment venture co-founded by Los Angeles Lakers star ... ( read original story ...)
Crypto’s hiring spree goes in reverse as prices continue to decline
Rising interest rates, worsening inflation and falling stock prices have taken their toll on all Americans, but digital currencies have been hit especially hard. ( read original story ...)
A legal challenge over crypto reporting could strike down decades-old anti-money laundering laws
A new provision passed as part of the infrastructure package tried to tackle that issue, but it’s running into stiff opposition from cryptocurrency groups — and a legal challenge that could have huge ... ( read original story ...)
Cloudflare Outage Impacts Crypto, Dating, and Shopping Platforms
Cloudflare, the web performance and security company, experienced a widespread outage around 2:30 a.m. on Tuesday, impacting multiple sites across the web. "The Cloudflare team is aware of the current ... ( read original story ...)
Turkish crypto investor tells his story after latest crash
STORY: If you’ve invested in crypto how devastating is a crash?21-year-old Halil Ibrahim Gocer from Ankara in Turkey put almost all of his savings into crypto holdings, 60% of which is now gone. ( read original story ...)
Crypto ‘structural flaws’ shows it is unfit as money, warns world banking association
Crypto provides promising technological possibilities but cannot fulfil the requirements of a digital monetary system. ( read original story ...)
Three Leadership And Entrepreneurial Lessons From The Crypto Crash
Cryptocurrencies have crashed. What can leaders and entrepreneurs in that field and beyond learn from this downturn? Confidence, learning from failure and resilience will be crucial skills in a new ... ( read original story ...)
Yen Remains Under Heavy Pressure As Bank Of Japan Sticks By Its Dovish Policies
The BoJ’s dovish policies are out of sync with global trends, but they left policy unchanged at last week’s meeting. Maintaining the 0-0.25% target range for 10-year bonds is taking more and more ... ( read original story ...)
NRI Deploys Second OCI Dedicated Region to Run Key Financial Services on a Highly Available, Secure Cloud Platform
Oracle today announced that Nomura Research Institute (NRI) has implemented a second OCI Dedicated Region at its Osaka data center, following the successful adoption at its Tokyo data center. Running ... ( read original story ...)
The Sandbox’s US CEO explains his vision for the metaverse platform and why people are still flocking to web3 during the crypto winter
"We want to be the Manhattan of the metaverse, a concentration of exciting brands and artists — but our vision isn't to replace reality." ... ( read original story ...)
Crypto fears now materialising, central bank body BIS says
Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for International Settlements has said. ( read original story ...)
Japan’s central bank stands firm as yen plummets in value
The decade of currency stability has come to an end with the rising cost of necessities and dear luxuries. But the central bank seems to be determined to keep its weak yen policy. ( read original story ...)
Japan PM Kishida Says No Numerical Targets for Defense Spending
In the face of Russia’s invasion of Ukraine and an increasingly tense situation in Asia with missile tests from North Korea and a more assertive China, Fumio Kishida has vowed to strengthen defense fu ... ( read original story ...)