The crypto market has shed almost $2 trillion in value, triggering some concern it could hurt the larger economy. Experts aren't too worried... yet. ( read original story ...)
Japan signs $100 million loan agreement with Ukraine
Japan signed a 13 billion yen ($100 million) loan agreement with Ukraine, Japanese outlet Japan Today reported on May 17, citing the Japan International Cooperation Agency. ( read original story ...)
Crashing Crypto: Is This Time Different?
But there are reasons to believe that this time may be different. In the past, cryptocurrencies kept going up by attracting an ever-growing range of investors. Crypto was once held by a small clique ... ( read original story ...)
How The DeFi Space Has Become A Massive Breeding Ground For Crypto Ponzi Schemes
A large number of recent Ponzi schemes have used decentralized finance (DeFi) infrastructure to defraud their customers. ( read original story ...)
U.S. Government Issues Warning About Undercover North Koreans Working in the Crypto and IT Industries
The U.S. government is increasingly alarmed about the thousands of North Korean tech workers that are being dispatched to American IT companies, including crypto firms, to earn re ... ( read original story ...)
Japan’s Nomura Bank to Establish New Subsidiary Company Abroad
Nomura is on its way to establish a new subsidiary company. The company will help clients invest in cryptocurrency and non-fungible tokens. The bank also recently started offering Bitcoin (BTC) ... ( read original story ...)
Highest-Paid Athletes: 25 and Under Led by Allen, Osaka, Mbappe
Professional athletes are earning more than ever, as highlighted by Sportico’s ranking last week of the world’s 100 best-paid stars, who made a combined $4.5 billion over the past 12 months from ... ( read original story ...)
Crypto’s Great Reset: How Digital Asset Investors Will Recover From The Market’s $1 Trillion Meltdown
The DAO’s implosion and the ICO crash set the groundwork for the growth of DeFi and cambrian explosion of DAOs today, and it is hard to imagine companies like Tesla buying bitcoin before covid. ( read original story ...)
Circle CEO says Terra’s implosion has given lawmakers the impetus to speed up crypto regulation
Circle CEO Jeremy Allaire said the collapse of Terra has accelerated the need for the federal government to regulate the crypto industry. ( read original story ...)
Crypto industry wields its influence in Washington after pouring over $30 million into campaigns
Crypto executives and lobbyists are moving to gain a foothold in Washington as lawmakers scramble to find a way to regulate the industry. ( read original story ...)
Small players lose faith in crypto after sell-off
By Hannah Lang, Savio Shetty and Lisa Pauline Mattackal WASHINGTON/MUMBAI (Reuters) - Nofe Isah, a 25-year old based in Nigeria, has been investing in crypto since January. Last week, she lost all ... ( read original story ...)
Crypto On May 17: Market Gains Some Momentum Back As Top Tokens See A Surge
Top blue-chip tokens Bitcoin and Ethereum surged Tuesday driving the cryptocurrency market back into the green. While the Terra debacle had led to a market crash, investors have still maintained trust ... ( read original story ...)
Japan loans $100-M to Ukraine amid war with Russia
Ukraine has inked a 13 billion yen (USD100 million) loan agreement with Japan amid the ongoing war with Russia.The deal was signed by Ukrainian Finance Minister Sergii Marchenko and Akihiko Tanaka, ... ( read original story ...)
Ukraine inks USD100M financing deal with Japan
Despite the current conflict with Russia, Ukraine has signed a 13 billion yen (USD100 million) financing arrangement with Japan. Sergii ... ( read original story ...)
Japan Approves $21 Billion Extra Budget to Ease Price Pain
The budget is part of a package of measures announced by Prime Minister Fumio Kishida last month that aims to ease the impact of inflation, particularly from rising energy costs a ... ( read original story ...)
Crypto: Stablecoin storm spreads after billions of tether is cashed out
Crypto's stablecoin storm spreads as $7.6bn of USD tether is redeemed in the past week. The cashout looks likely to continue on Tuesday with impact on all major tokens including bitcoin. On Tuesday ... ( read original story ...)