Asian stocks rose Friday as Chinese technology shares rebounded and Japan resumed a rally, bringing some relief from a bout of weakness in global equities this week.Shares climbed more than 1% in ... ( read original story ...)
A crypto social club that costs $8,000 to join just got a $100 million valuation from Andreessen Horowitz and other top VCs. Here’s why.
Friends With Benefits started as an informal crypto social club. But now, top VCs are taking notice and see huge benefits from backing the group. ( read original story ...)
G-20 likely to strike final global tax deal in Oct.: Japan’s Aso
The Group of 20 major economies are likely to reach a final agreement on global tax reforms when they hold high-level meetings in Oct ... ( read original story ...)
The whining from these crypto execs has got to stop
The complaining about regulation from the boy kings of crypto is pathetic, and it's even worse when it reveals they have no idea how finance works. ( read original story ...)
Crypto Flash Crash Brought Tax Problems Too
Crypto markets had a flash crash, and that means lots of taxes were probably triggered too. Investopedia defines a flash crash is an event in electronic securities markets wherein the withdrawal of ... ( read original story ...)
El Salvador’s shaky bitcoin roll-out is an ‘ill-conceived’ experiment, but won’t hurt the crypto market in the long term, JPMorgan says
JPMorgan said El Salvador's shaky bitcoin roll-out says more about the country's rushed mandate and less about the future use cases of crypto. ( read original story ...)
Peer-to-peer trades are sustaining Nigeria’s crypto activity despite a ban
The value of bitcoin traded on LocalBitcoins and Paxful grew from $32 million in January and February this year to more than $44 million in August. ( read original story ...)
Mastercard makes a big bet on crypto, buying blockchain analytics start-up CipherTrace
Mastercard has agreed to acquire blockchain analytics start-up CipherTrace, in the latest sign of how major companies are warming to cryptocurrencies. ( read original story ...)
Japan Airlines looking to raise US$ 2.7 billion -Nikkei
Japan Airlines Co Ltd is looking to raise 300 billion yen (US$2.72 billion) in funds to ride out anticipated funding challenges amid the continued slump in air traffic, Nikkei reported on Thursday, ... ( read original story ...)
WaPo Tokyo Chief Exits Paper After Allegations Surfaced in Bombshell Lawsuit
Alex WongThe Washington Post’s Tokyo bureau chief is leaving the paper just one month after it was revealed that he continued to cover stories about sexual harassment despite being accused of ... ( read original story ...)
Japan finmin Aso urges G7 to unite to seal global tax deal
The Group of Seven advanced countries must demonstrate leadership in reaching a final agreement on a global tax deal in October, Japanese Finance Minister Taro Aso said on Thursday. ( read original story ...)
Here’s the 34-page pitch deck a fintech that helps users invest their retirement plans in crypto and real estate assets used to nab $8 million
CEO Henry Yoshida said that traditional finance had "suppressed" the opportunity for individuals to invest their retirement savings into alternatives. ( read original story ...)
Mark Cuban says Coinbase should be aggressive in engaging with the SEC – and argues the crypto industry needs exemptions like the internet got in the 90s
The "Shark Tank" investor suggested it's better for Coinbase to go after the SEC rather than leave it battle the issues out with a small entity. ( read original story ...)
Japan’s SBI Holdings makes US$ 1 billion unsolicited bid for Shinsei Bank
Japanese financial group SBI Holdings Inc on Thursday announced an offer to buy a near majority stake in Shinsei Bank Ltd in an unsolicited bid to take effective control of the lender.SBI aims to ... ( read original story ...)
UPDATE 2-Japan’s SBI Holdings announces $1.06 bln tender offer for Shinsei Bank
Japanese financial group SBI Holdings Inc on Thursday announced an offer to buy a near majority stake in Shinsei Bank Ltd in what it indicated was an unsolicited bid to take effective control of the ... ( read original story ...)
Crypto Price Prediction: Bitcoin Could Hit $100,000 In 2021 But This Bank Sees Ethereum Soaring 10 Fold
U.K.-based banking giant Standard Chartered has issued a bitcoin and ethereum price prediction sees the bitcoin price rise three-fold from its current levels with ethereum potentially rising by a ... ( read original story ...)