The Commodity Futures Trading Commission had sued the cryptocurrency exchange over its derivatives offerings. ( read original story ...)
Japan’s Jan-June current account surplus up 50% on surging exports
Japan's current account surplus grew 50.3 percent in the first half of 2021 from a year earlier to 10.5 trillion yen ($95 billion), boosted by a remarkable improvement in exports from a slump caused ... ( read original story ...)
Japan FSA chief: Country has to wait for crypto-restrictions relief
Japan Financial Services Agency (FSA) said the country needs more persuasive rules in order to turn cryptocurrency investing into a more convincing way of trading for its population. ( read original story ...)
Hackers siphon $600m in digital tokens, crypto network says
A decentralised financial network has claimed hackers absconded with about $600m worth of cryptocurrencies in one of the largest heists in the rapidly growing digital asset industry. Poly Network, ... ( read original story ...)
The US Senate’s infrastructure bill passed with a privacy problem for crypto
The US Senate passed a $1 trillion infrastructure bill on Tuesday with a glaring problem for the cryptocurrency industry. The bill includes vague new tax reporting requirements that digital rights ... ( read original story ...)
Crypto Lobbyists Falter in Bid to Fix Broad Tax Provision
Cryptocurrency lobbyists were caught ill-equipped in one of the first legislative battles for their nascent industry, despite a Herculean push that impressed Washington insiders with its intensity. ( read original story ...)
Senate approves $1 trillion infrastructure package as crypto worries loom
After weeks of negotiations, the Senate approved a bipartisan $1 trillion infrastructure package Tuesday authorizing over $500 billion in new spending to improve roads, bridges, and other physical ... ( read original story ...)
With 72% of total loan portfolio, Japan still PHL top ODA source
JAPAN has been the Philippines’s largest bilateral source of Official Development Assistance (ODA) for the past two decades, accounting for the bulk of the country’s total bilateral loans during the ... ( read original story ...)
More Than $600 Million Stolen In Ethereum And Other Cryptocurrencies—Marking One Of Crypto’s Biggest Hacks Ever
Hackers allegedly breached blockchain platform Poly Network and extracted more than $600 million in cryptocurrencies, the company announced Tuesday, marking the biggest hack ever in the decentralized ... ( read original story ...)
Venmo is letting its credit cardholders convert cash-back to crypto for free
Venmo launched a credit card feature Tuesday that allows users to convert their cash-back rewards into bitcoin and other cryptocurrencies for free. Robinhood offers fee-free crypto trades. Coinbase ... ( read original story ...)
How an anonymous crypto founder convinced heavyweights like Andreessen Horowitz and Sequoia to invest over $40 million into his company
The BitClout founder Diamondhands and the Sequoia partner Shaun Maguire explain why top VCs invested millions into the controversial company. ( read original story ...)
Crypto Infrastructure fight: ‘we need consistency’
Yahoo Finance’s Julie Hyman, Myles Udland, and Brian Sozzi discuss outlook for crypto after the change to its provision in the Senate Infrastructure bill was blocked with Anne Fauvre, COO at Oasis ... ( read original story ...)
Ether investment accounts for 26% of total crypto assets under management, the most since May, after the London hard fork, CoinShares data shows
Investors held a higher percentage of ether and ether-linked products at the end of last week than at any time since May. ( read original story ...)
Beijing’s tech crackdown casts long shadow over South Korea’s biggest IPO in a decade
Battlegrounds creator’s disappointing launch has come after Chinese state media’s latest broadside against video gaming and market leader Tencent. ( read original story ...)
A Swiggy IPO could provide good returns, says SoftBank’s Masayoshi Son
Swiggy closed a $1.25-bn fundraise, marking the first investment in the category by SoftBank Vision Fund 2, and raising its valuation by more than 50 to $5.5 bn ... ( read original story ...)
History-maker Kinsella backing fervent Olympic fever to unite the nation
Olympic medallist Alice Kinsella says there’s no better time to bring people together and unite the nation than straight off the back of Tokyo 2020, writes Oscar Maung-Haley. ( read original story ...)