The cryptocurrency market's massive crash worsened Sunday as a wave of crackdown measures in China continues to rattle investor sentiment, pushing losses to nearly $1.3 trillion since May 12, the day ... ( read original story ...)
Huobi Stops Crypto Miner Hosting in China, Coindesk Says
Cryptocurrency exchange Huobi has stopped its miner hosting services on mainland China and is scaling back services and products in some markets following warnings from the Chinese government that it ... ( read original story ...)
Crypto looks ‘bubbly’ and physical gold is a better inflation hedge, argues research report
"To the extent investors are worried about medium-term inflation risks, they should probably hedge this threat using traditional securities such as gold." ... ( read original story ...)
A crypto expert breaks down who could be behind the dogecoin whale address that holds $12 billion
A single address that holds 28% of dogecoin's total supply has investors scratching their heads as to who-or what, it belongs to. ( read original story ...)
The Week in Business: Crypto’s Crashes
Bitcoin and other digital currencies fell as much as 20 percent after China effectively banned its financial institutions from providing services related to cryptocurrency transactions. ( read original story ...)
‘I Won’t Sell’ Dogecoin—Tesla Billionaire Elon Musk Reveals Where He Stands In ‘The True Battle’ Between The Dollar And Crypto
Elon Musk, the meme-loving TeslaTSLA chief executive that moves markets with his irreverent tweets, is apparently readying for ... ( read original story ...)
HRTech startup SmartHR becomes Japan’s 6th unicorn after raising $110M+: Nikkei
SmartHR Founder and CEO Shoji Miyata Nikkei reported on Friday Japanese HRTech startup SmartHR has secured about 12.5 billion yen (about $115 million US) in the latest series D round, which ... ( read original story ...)
Aung San Suu Kyi in court, JD Logistics IPO, HSBC coal plan
After more than 100 days under house arrest, Aung San Suu Kyi will appear in court on Monday as the junta levies five criminal charges against her. And with 60 days to go before Tokyo welcomes 15,000 ... ( read original story ...)
Click: 3D chat, two-legged robots and a crypto scam
D chat, two-legged robots and a crypto scam Up Next. Video, 00:01:46Italy wins Eurovision: 'Rock and roll never dies' Why Iranians have been queueing for chicken. Video, 00:02:33Why Iranians have been ... ( read original story ...)
Japan export growth at decade high driven by cars, electronics
Japan exports grew 38 percent in April the highest growth recorded since 2010 fueled by a growing demand for cars and electronics led by its key markets in the US and China ... ( read original story ...)
Bitcoin pizza day? Laszlo Hanyecz spent $3.8 billion on pizzas in the summer of 2010 using the novel crypto
It's Bitcoin Pizza day in the crypto community! About 11 years ago on May 22, Laszlo Hanyecz, one of the early adopters of the newfangled cryptocurrency ... ( read original story ...)
A crypto crash wiped out $1 trillion this week. Here’s what happened
Wild, stomach-churning moments are part of the experience when you buy a ticket to the crypto circus. But the past week's volatility was enough to make some of the crypto faithful wonder whether ... ( read original story ...)
Musk says he supports crypto in battle with fiat money
Musk has previously compared bitcoin to fiat money and often tweets about cryptocurrencies that have sent values for bitcoin and the meme digital currency dogecoin up and down. In February, bitcoin ... ( read original story ...)
Summers Says Crypto Has Chance of Becoming ‘Digital Gold’
Former U.S. Treasury Secretary Lawrence Summers said cryptocurrencies could stay a feature of global markets as something akin to “digital gold,” even if their importance in economies will remain ... ( read original story ...)
2 crypto pros break down why bitcoin in the clear for now after plunging 35% in a matter of days
"We believe that most of the leverage is out of the system now and bitcoin should start to form a base here," said Pankaj Balani of Delta Exchange. ( read original story ...)
The US Treasury Wants $10K+ Crypto Transfers to Be Reported to the IRS
The IRS has already started tracking taxpayers who own cryptocurrencies and can legally seize assets of tax evaders. The Treasury’s proposal is also part of Biden’s comprehensive tax compliance plan, ... ( read original story ...)