However, fighting such a trend, or buying the Japanese yen on the grounds that it depreciated too much in a short time, is a risky strategy. That is particularly true because the Bank of Japan is ... ( read original story ...)
Inflation, not deflation, is now Japan’s political hot potato as election looms
While Japan's rate of inflation is still modest by global comparisons, it has shocked a population that has not experienced steady inflation for decades ... ( read original story ...)
Bank Of Japan May Upward Revise Price Forecast; Downgrade Growth Outlook: Report
The central Bank of Japan, Bank of Japan (BOJ), is in contemplation mode over readjusting its inflation and growth forecasts later in ... ( read original story ...)
Crypto Contagion Continues as Lender Voyager Digital Files for Bankruptcy
The cold winds of crypto winter keep blowing. On Tuesday cryptocurrency lender Voyager Digital filed for bankruptcy, becoming the latest crypto company to falter since the market began to crash in ... ( read original story ...)
Bank of Japan’s Assets Drop for 2nd Month in a Row
The total assets on the Bank of Japan’s balance sheet as of June 30 fell by ¥3.8 trillion from May, the second month in a row of declines after having already dropped by ¥2.2 trillion in May from ... ( read original story ...)
The crypto CEO who made waves for paying disgruntled employees to leave says he has no regrets about offending anyone
Kraken's Jesse Powell told Protocol that he wouldn't change his attitude about his now-controversial company culture, which prompted backlash in June. ( read original story ...)
Report: $540 Million Crypto Gaming Hack Made Possible By Elaborate Phishing Scheme
NFT Pokémon clone Axie Infinity went from being famous for players profiting off its “play-to-earn” gaming scam to infamous for getting hacked out of $540 million in cryptocurrency. Now according to a ... ( read original story ...)
What Skeptics Get Wrong About Crypto’s Volatility
One of the leading arguments against crypto is its volatility. In the wake of the most recent downturn, critics have doubled down on this point. But the argument misses an important insight about how ... ( read original story ...)
Crypto exchange FTX still has ‘a few’ billion dollars to backstop industry, says Sam Bankman-Fried
Fried, chief executive at FTX, said he and his company still have “a few” billion to backstop embattled digital asset companies. ( read original story ...)
Bitcoin crosses $20K, Voyager goes bust, and the state of crypto job market: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ... ( read original story ...)
Who’s afraid of crypto ATMs?
In one of my run-of-the-mill conversations about cryptocurrency and California — where I cover Sacramento’s tech policy beat — someone told me about crypto kiosks, where you could buy Bitcoin with ... ( read original story ...)
Japan PM Bets on World-Defying Inflation Policy to Win Election
As politicians around the globe rush to tamp down inflation, Japan Prime Minister Fumio Kishida is betting instead that older voters in particular will look past surging prices in a crucial election ... ( read original story ...)
What’s Wrong With Coins? Crypto Crisis Explained
The crypto industry is currently going through an unprecedented crisis. Here's a guide to what's going on, and what might be next.. ( read original story ...)
Crypto Crisis Brings Back Ghosts of Lehman Brothers
For Gen Z, the crisis in the crypto industry, in which many of them have made and lost their first investments, is a very painful situation. For millennials and older investors, t ... ( read original story ...)
The Last Fad of the Crypto Bubble
So when a new crypto trend called “move to earn” bubbled up this spring, there was all kinds of enthusiasm for it. (At the time, crypto markets were down but it wasn’t yet clear to everyone that it ... ( read original story ...)
Crypto crash: Bitcoin price sinks further as Voyager Digital files for bankruptcy
The price of bitcoin has fallen once again on Wednesday after Voyager Digital became the latest high-profile crypto firm to file for bankruptcy. The Canada-based cryptocurrency lender announced on ... ( read original story ...)