Optimism is a fresh project helping Ethereum achieve greater scalability without complex configurations or a decline in speed and security. ( read original story ...)
Crypto prices update: Bitcoin’s dominance takes a downturn, struggles below $30k
Heavyweight Bitcoin dragged the global crypto market as it struggled below $30,000 and even erased previous strong gains. The crypto leader's market cap has also slumped below the $600 billion mark. ( read original story ...)
Japan’s Nikkei reverses early losses on tech recovery; energy shares rally
Japan's Nikkei share average eked out small gains erasing earlier losses on Monday, helped by a turn up in U.S. stock futures and a rise in Chinese equities, while energy stocks rallied on higher oil ... ( read original story ...)
Nikkei ends at fresh 2-month high on travel subsidy hopes, weak yen
The Nikkei index ended Monday at its highest level in over two months on hopes the Japanese government will restart its domestic travel subsidy campaign soon, with gains supported by the yen's ... ( read original story ...)
BoJ: Monetary tightening not ‘suitable’ for Japan
Bank of Japan (BoJ) governor Haruhiko Kuroda stated on Monday that the central bank is not in a position to impose monetary tightening as a ... ( read original story ...)
Monetary tightening not ‘suitable’ at all: Bank of Japan chief Kuroda
Monetary tightening is not a "suitable" measure at all for the Bank of Japan as the Japanese economy is still in the middle of recovery from the COVID-19 pandemic and higher commodity prices are ... ( read original story ...)
Crypto winter has come, and Coinbase is in trouble
Coinbase is pulling back on its hiring efforts. In a memo posted to Coinbase’s site, chief people officer L.J. Brock announced that Coinbase is putting a pause on hiring new employees, as well as ... ( read original story ...)
Crypto Power Usage Is Helping To Spur Renewable Energy Investments
Ever since cryptoassets first burst into the mainstream financial conversation there has been an ongoing debate around just how much power and energy are consumed by crypto transactions. Statistics ... ( read original story ...)
FirstFT: American and European IPO valuation tumbles 90%
4. Japan passes stablecoin law As part of a five-year effort to protect consumers investing in cryptocurrencies, Japan has passed a landmark law clarifying the legal status of stablecoins. The bill ... ( read original story ...)
Japan’s Kishida Set to Stay on Kuroda Path, Party Official Says
Prime Minister Fumio Kishida is likely to want the Bank of Japan to stick with its current policy direction even after a change of governor, according to a senior ruling party member. ( read original story ...)
The arrest heard ’round the crypto world
Hey everyone, and welcome back to Chain Reaction. Last week, we discussed $4.5 billion in new crypto funds from a16z. This week, we’re talking about the arrest that has everyone in the NFT space ... ( read original story ...)
Coinbase Confirms ‘Crypto Winter’
Coinbase (COIN) , the most popular of American digital currency trading platforms, has just announced new cost-saving measures. These include an indefinite suspension of hiring. Worse, the firm will ... ( read original story ...)
India’s taking a go-slow approach to crypto
The world’s largest democracy hasn’t rolled out the welcome mat for crypto. Does that mean it’s missing its crypto moment, or avoiding the technology’s growing pains? Lindsey Choo is a San ... ( read original story ...)
Forces Opposed To Crypto In D.C. About To Make A Big Move?
A faction of Washington, D.C. regulators is apparently considering a move to tighten the vice on digital assets that could – if implemented – perversely incentivize unregulated crypto activity in the ... ( read original story ...)
Crypto: Coinbase and the Winklevoss Twins Confirm Tough Times Are Ahead
The tough time that the crypto sphere is going through is not about to go away. Judging by the recent decisions announced by the big names in the sector, it is even logical to say that what industry ... ( read original story ...)
Lunatics See Meager Gains Since Relaunch of Failed Crypto Token
Results aren’t living up to expectations for a quick recovery held by many of the investors who received new Luna tokens following last month’s collapse of the cryptocurrencies tied to the failed ... ( read original story ...)