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Posted on 27/05/2021

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 ...)

Posted on 27/05/2021

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 ...)

Posted on 27/05/2021

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 ...)

Posted on 26/05/2021

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 ...)

Posted on 26/05/2021

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 ...)

Posted on 26/05/2021

Mark Cuban adds Ethereum-based crypto platform Polygon to his investment portfolio

Dallas Mavericks owner Mark Cuban is backing Polygon, a platform designed to scale Ethereum chains and develop the blockchain's infrastructure. ( read original story ...)

Posted on 26/05/2021

Tether’s Disclosures Make The Case For Crypto Specific Accounting Standards

The recent report out of Tether regarding the reserves behind USDT once again highlights the importance – and need – for crypto specific accounting, reporting, and disclosure standards. Stablecoins ... ( read original story ...)

Posted on 26/05/2021

Nvidia Seen Posting Sales Beat on Surging Crypto Mining Demand

Nvidia is seen posting strong sales and earnings when it releases its quarterly earnings amid surging demand for its gaming graphics cards used to mine Ethereum. ( read original story ...)

Posted on 26/05/2021

Indonesian crypto exchange Pintu gets $6M Series A led by Pantera, Intudo and Coinbase Ventures

Along with the stock market, cryptocurrency is also seeing an uptick among retail investors in Indonesia. Pintu, a platform focused on first-time cryptocurrency buyers, announced today it has raised a ... ( read original story ...)

Posted on 26/05/2021

Bitcoin price – live: Crypto market bounces back after Elon Musk proposes ‘green’ mining solution (cloned)

The market rebound at the start of the week has been partly assisted by comments from Elon Musk that he has been in talks with bitcoin miners about renewable energy solutions, as well as news that ... ( read original story ...)

Posted on 26/05/2021

Nikkei closes higher; Japan shares eke out small gains but key resistances loom

The Nikkei share average added 0.31 per cent to 28,642.19, extending its recovery from a four-month low hit earlier this month, but it faced multiple resistances around the current levels, including ... ( read original story ...)

Posted on 26/05/2021

Japan’s electronics chain Nojima to end partnership with Suruga Bank

TOKYO -- Japanese electronics retailer Nojima is set to begin procedures for selling its 18.52% stake in the embattled Suruga Bank, Nikkei has learned. The two companies have clashed over the ... ( read original story ...)

Posted on 26/05/2021

‘It’s wild out there’: crypto firms lure top bankers in price boom

Huge gains in digital asset values are helping crypto firms to poach previously out-of-reach executives from some of the biggest companies in mainstream finance. Among high profile executives ... ( read original story ...)

Posted on 26/05/2021

Defiant Ghosn pins hopes on French probes to clear his name

Auto magnate-turned-fugitive Carlos Ghosn is campaigning to clear his name, and hopes a visit by French investigators to his home in exile in Lebanon will be his first real opportunity to defend ... ( read original story ...)

Posted on 26/05/2021

Japan Ruling Party Heavyweight 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 ...)

Posted on 26/05/2021

Barring Armageddon, the Tokyo Olympics will go ahead, says IOC committee member Dick Pound

The Tokyo Olympics will go ahead as planned unless struck by an unprecedented “Armageddon”, according to leading International Olympic Committee member Dick Pound. Already foreign spectators have been ... ( read original story ...)

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