Recently valued at more than ten billion dollars, the 29-year-old founder of cryptocurrency exchange FTX accumulated his wealth faster than anyone in modern history for one expressed purpose. ( read original story ...)
If you can stomach sudden drops in the crypto space, Jim Bianco believes it will ultimately pay off
Bianco Research's Jim Bianco suggests crypto's wild swings will abate once the space matures. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ... ( read original story ...)
Tokyo’s Nikkei share average opens down 0.35 pct
Japan's benchmark Nikkei average opened down 0.35 percent at 28,543.32 on Thursday, while the broader Topix shed 0.32 percent at 1,914.46. T Reuters, the news and media division of Thomson Reuters, is ... ( read original story ...)
LDP lawmaker’s spectacularly offensive remarks further embarrass Japan
Avoid the spectacularly dumb and offensive. Apparently, the toxic spectacle of the five-ring Olympic circus crashing Tokyo's pandemic is not enough for Yana. Why not further embarrass Japan globally? ( read original story ...)
Japan Ruling Party Executive Calls for $239 Billion Extra Budget
Japan's government is expected to compile an extra budget in October or November, senior ruling party lawmaker Kozo Yamamoto said on Wednesday, calling for spending of around $239 billion to cushion ... ( read original story ...)
Japan PM adviser steps down after tweets downplaying COVID-19 situation
An outspoken economic adviser to Prime Minister Yoshihide Suga has stepped down after his recent online posts drew fire for downplaying the COVID-19 situation in Japan and ridiculing growing calls for ... ( read original story ...)
PayPal will allow users to withdraw crypto funds into third-party wallets
"We want to give choice to our consumers, something that will let them pay in any way they want to pay," PayPal told CoinDesk. ( read original story ...)
Nikkei to reach 30-year high on economic reopenings
Japanese shares are expected to recover and reach a 30-year peak by the end of year as an acceleration of vaccinations after initial delays helps the economy to reopen, according to respondents in a ... ( read original story ...)
Japan’s corporate service prices creep up as freight costs pinch firms
Japan's corporate service prices rose for the second straight month in April due to a rebound in advertising and freight fees, data showed on Wednesday, a sign the economy was gradually emerging from ... ( read original story ...)
The Biden Administration Took a New Stance on Crypto. Here’s What Investors Should Know
Government agencies are beginning to signal an interest in increased cryptocurrency regulation. Here’s how that may affect your crypto investments. ( read original story ...)
Meme Stocks And Crypto Surge Again As Experts Warn Of ‘Dangerous’ Market Conditions
Risky market pockets—including cryptocurrencies that are fresh off a massive crash—skyrocketed Wednesday morning as the broader market bounced back from the recent inflation-spurred rout, but analysts ... ( read original story ...)
The Week Crypto Crashed — Market Drops $700 Billion After Chinese Crackdown And Elon Musk’s Environmental Worries
The cryptocurrency market shrunk by around 27% this week after Tesla billionaire Elon Musk raised concerns over bitcoin’s environmental impact and China renewed its regulatory crackdown on digital ... ( read original story ...)
Museum of Crypto Art will raise money to support NFT community artists
The Museum of Crypto Art (MOCA) will raise money through sales of cryptocurrency tokens to help cryptocurrency artists. ( read original story ...)
Coronavirus: Yale doctor warns that upcoming Tokyo Olympics ‘looks like a superspreader event’
As the number of COVID-19 cases surge in Japan, preventive medicine specialist Dr. David Katz warns of a potential ‘superspreader event’ given Japan’s high case count and slow vaccine rollout. ( read original story ...)
Top Stories this AM: JP Morgan’s crypto keepers; China goes to war with Fauci; Lindell turned away by GOP
After previously disputing the theory, Fauci now says there needs to be further investigation into whether or not COVID-19 was leaked from a Wuhan lab. ( read original story ...)
China’s crypto crackdown speeds shift to central Asia, North America mining
A crackdown by Beijing is rapidly accelerating a shift in focus by makers of machines that 'mine' cryptocurrencies like bitcoin from China to North America and Central Asia as Chinese clients face an ... ( read original story ...)