The hedge-fund manager referenced Steve Jobs as he called for openly engaging with the subject while maintaining healthy skepticism. ( read original story ...)
Crypto investments: how niche opportunities become mainstream
By Rhian Lewis, author of The Cryptocurrency Revolution February 2021 marked some key moments in the evolution of Bitcoin. Tesla’s SEC filing on February 8 stating that it had bought $1.5 billion ... ( read original story ...)
Coupang Sets IPO Terms Pushing Market Cap Above $48 Billion
A pricing at the $28.50 midpoint of that range would yield net proceeds of about $2.8 billion and would give the Seoul company a market capitalization topping $48 billion. Coupang said current ... ( read original story ...)
South Korea’s Coupang Seeks Up to $3.6 Billion in New York IPO
South Korean e-commerce giant Coupang Inc. is seeking to raise as much as $3.6 billion from an initial public offering in New York, which will rank as one of the largest-ever Asian listings in the U.S ... ( read original story ...)
Coinbase, Kraken, Gemini, And Other Crypto Exchanges Must Embrace DeFi To Capture Growth
DeFi offers a fast-growing ecosystem of continuous innovation as distributed project teams interact with open source protocols and create novel use cases previously unimaginable. To be competitive and ... ( read original story ...)
Grimes just made $5.8 million in under 20 minutes selling crypto-based artwork
The singer's digital art collection includes images of a baby guarding Earth and Mars. Some of the pieces are set to new music from Grimes. ( read original story ...)
China Region Declares War on Crypto Mining, Stirring Wider Fear
China’s Inner Mongolia has banned cryptocurrency mining and declared it will shut all such projects by April, spurring fears the world’s No. 2 economy will take more steps to eradicate the ... ( read original story ...)
What should we expect from a crypto market with Gary Gensler head of the Securities and Exchange Commission?
What should we expect from the authority of the new candidate Gary Gensler? Gensler clearly and profoundly realizes the market, its particular value, and the existing development of cryptocurrencies. ( read original story ...)
Bitcoin Rises After China Region Declares War on Crypto Mining
China’s Inner Mongolia has banned cryptocurrency mining and declared its intention of shutting all such projects by April, spurring fears the world’s No. 2 economy will take more steps this year to ... ( read original story ...)
Top crypto lawyers – Walmart lures Goldman bankers – Wall Street moves of the week
The top finance stories for March 1, including the latest news on Carlyle's five-year effort to improve diversity at Novolex. ( read original story ...)
Japan’s Mizuho restores ATMs, online banking after glitch halts services
Mizuho Bank, one of Japan's major retail banks, said on Monday it had restored cash machines and online banking services after a data glitch closed down about 80% of its automated teller machines ... ( read original story ...)
An ‘industry custom’: Little-known fees help Japan trust banks dominate profitable niche market
When Japan’s Honda Motor Co. Ltd. stopped using Sumitomo Mitsui Trust Bank Ltd. as its stock transfer agent last year, the lender slapped it with a roughly $4 million termination fee, according to two ... ( read original story ...)
Japan debates fresh cash payouts to help the poor cope with COVID-19 pandemic: Sources
Japanese government and ruling party officials are discussing possible additional cash payouts to low-income households to help them cope with the ... ( read original story ...)
Bank of Japan Shares May Have Become the Latest Meme Stock
GameStop. Nokia. The Bank of Japan?Japan’s central bank joined the ranks of equities with puzzling surges in valuation led by retail investors on Monday, as its shares surged by their daily limit. The ... ( read original story ...)
5 Things I Wish I Knew Before Getting Into Crypto
Bitcoin and the cryptocurrency industry have gained popularity in recent months, in tandem with Bitcoin’s price journey up to $50,000 and beyond. Given the likely influx of new market participants, ... ( read original story ...)
Cheers in Asia as stocks jump, Nikkei 225 adds 697 points
SYDNEY, NSW, Australia - Stocks in Asia were sharply higher on Monday, while profit-taking trimmed recent gains in the U.S. dollar. In Japan, the Nikkei 225 led the way with a major 697.49 points or 2 ... ( read original story ...)