After Richard Nixon scrapped Bretton Woods, the U.S. currency’s exorbitant privilege only grew — because the U.S. embraced innovation, not regulation. ( read original story ...)
These 13 banks have invested the most in crypto and blockchain to date
Blockdata compiled a list of the 13 banks that have invested the most in cryptocurrency and blockchain companies to date. Coinbase, Ripple, and NYDIG have landed financial backing from big banks. 55% ... ( read original story ...)
Black, Latino, LGBTQ investors see crypto investments like bitcoin as ‘a new path’ to wealth and equity
Bitcoin, dogecoin and crypto are hot, but Black, Latino, LGBTQ investors buy it more than white Americans, seeing it has a path to equity and wealth. ( read original story ...)
Japan and South Korea Tensions Flare on War-End Anniversary
South Korean President Moon Jae-in left the door open for talks with Japan in a speech marking his neighbor’s World War II surrender as several Japanese cabinet members visited a war-linked shrine ... ( read original story ...)
Nikkei shares slip as Japan chip stocks take hit from outlook worries
The country's worsening coronavirus infections hit shares of travel-related sectors anew, while falling support for Prime Minister Yoshihide Suga raised more concerns about political stability ahead ... ( read original story ...)
Crypto is reshaping the world economy, 50 years after Nixon ended the dollar’s peg to gold. Here’s how some are playing it
Sunday marks the 50th anniversary of what has been described as the dropping of a “monetary bombshell” on the world financial system, when President Richard Nixon announced that the U.S. dollar would ... ( read original story ...)
Bitcoin Surge Fuels $100,000 Price Predictions As Massive Ethereum, Cardano, BNB, XRP And Dogecoin Rally Pushes Crypto Over $2 Trillion
As cryptocurrency prices rally across the board, some bitcoin and crypto investors are feeling confident the bitcoin price could exceed its all-time high of over ... ( read original story ...)
Nixon reshaped the world economy 50 years ago. Is crypto on the brink of doing the same now?
Is the global economy steering toward a Bretton Woods for the digital-currency age? Sunday marks the 50th anniversary of what has been described as the dropping of a “monetary bombshell” on the world ... ( read original story ...)
From all-night gaming sessions to a life-changing epiphany: Inside the college years of the 29-year-old crypto billionaire Sam Bankman-Fried
While at MIT, the now-crypto billionaire was struggling to find his direction in life until he joined an altruistic movement. ( read original story ...)
The crypto crowd gets loud and proud on Capitol Hill
It has proved conclusively that it can make itself heard on Capitol Hill. The crypto crowd piped up as the US Senate was finishing work on President Joe Biden’s $1tn infrastructure plan. In the days ... ( read original story ...)
Poly Network Offers $500,000 Reward to Hacker Who Stole and Then Returned $611 Million in Crypto
The hacker reportedly refused to take the crypto platform up on its offer, opting instead to post a series of public messages in one of the crypto wallets that was used to return funds. Dubbed “Q & A ... ( read original story ...)
Tokyo Admits Covered-Up COVID Case Was Olympic Visitor
The first case of the deadly Lambda variant of the coronavirus identified in Japan—and then kept under wraps—was a woman who had come to the country to work at the Tokyo Olympics, The Daily Beast has ... ( read original story ...)
Lower USD Index and Huge IPO-Related Dollar Inflows Favour a Decline in USD/INR
USD/INR opened the week mostly unchanged from its previous day’s close, encouraged by a lower USD index and huge IPO-related dollar inflows into India. The fall in the short-term and long-term US bond ... ( read original story ...)
Tokyo Olympic wrestling stars, share a wish: ‘hopefully colour of medal will change in 2024’
For Ravi Dahiya, who won India’s second individual silver medal in wrestling in Olympics after wrestler Sushil Kumar’s silver medal in London Olympics, it was an emotional moment. ( read original story ...)
Japan’s “Net Zero Leaders Summit” Sets World Challenge to Reach Carbon Neutrality
NET ZERO Leaders Summit sets world challenge. Prime Minister Yoshihide Suga expresses his hope that the summit, like the Olympic Games, can give dreams and hopes to the people around the worldJETRO ... ( read original story ...)
‘Mr White Hat:’ The story behind a $600m crypto caper
An hour after the world discovered an alleged hacker had made off with $600m in one of the largest-ever cryptocurrency heists, the thief tipped a bystander $42,000 for warning that some of the assets ... ( read original story ...)