Asia-Pacific markets reversed gains and fell on the first day of the new quarter as investors digested factory activity data from a private survey in China. ( read original story ...)
Crypto Prices Could Be In for Another Big Crash, With One Expert Predicting ‘It’ll Get Scary’
Will crypto prices crash and burn again this year? Experts say it’ll likely happen at least one time. Here’s how investors can prepare. ( read original story ...)
Crypto Minsky Moment Now Happening
Minsky actually died in 1995, and so was not alive to witness for the 1997 Asian currency crisis, nor to see his name used in a catchphrase for economic instability. Nevertheless, the term “Minsky ... ( read original story ...)
Crypto: Hedge Fund Debacle May Ruin Two Prominent Lenders
Two more. The carnage continues in the crypto industry. Two days after Singapore hedge fund Three Arrows Capital (3AC) was forced into liquidation, two of its lenders are being forced to take drastic ... ( read original story ...)
The government’s going after alleged crypto scammers as market crashes
One of the cases involves knock-off apes, one is the “largest fraudulent scheme involving Bitcoin charged in any CFTC case,” and one involves someone nicknamed “the Cryptoqueen.” The wave of ... ( read original story ...)
Voyager Digital suspends crypto withdrawals, trading and deposits
Benjamin Pimentel ( @benpimentel) covers crypto and fintech from San Francisco. He has reported on many of the biggest tech stories over the past 20 years for the San Francisco Chronicle, Dow Jones ... ( read original story ...)
Crypto Broker Voyager Digital Suspends Withdrawals
The brokerage says it is exploring strategic alternatives, after issuing a notice of default on Wednesday to crypto hedge fund Three Arrows Capital. ( read original story ...)
Yeehaw, the EU Agreed on Laws to Reign in the Crypto ‘Wild West’
Markets in Crypto-Assets (MiCA) would provide recourse for scammed investors and coin holders and require disclosure of environmental impact. ( read original story ...)
FTX US deal with troubled crypto lender BlockFi floats acquisition with ‘up to’ $240M purchase price
Fried’s FTX is taking advantage of rampant instability in the crypto lending market to assert itself while propping up major institutions. The company’s US-based arm has a deal in place with troubled ... ( read original story ...)
Deribit claims crypto hedge fund Three Arrows failed to repay $80mn
Three Arrows Capital fell into liquidation this week after exchange Deribit claimed the crypto hedge fund failed to repay $80mn, highlighting the severity of the crunch at the prominent digital asset ... ( read original story ...)
Fact-Checking 8 Claims About Crypto’s Climate Impact
While some experts say that there’s potential for positive impact from crypto mining, most agree there are few indications that the industry is going in the right direction. “There is a narrow path ... ( read original story ...)
How crypto marketers are pivoting their ad strategies through the ‘crypto winter’ to focus on education and responsible investing
Some crypto companies are capitalizing on the market turmoil to push marketing initiatives that focus on rebuilding trust in the sector. ( read original story ...)
BlockFi’s CEO denies that Sam Bankman-Fried’s FTX is nearing a deal to buy the struggling $1 billion crypto lender for $25 million
The boss of troubled crypto lender BlockFi has denied that Sam Bankman-Fried's FTX is set to buy the company for $25 million, despite speculation about a deal. Citing sources familiar with the ... ( read original story ...)
Coinbase Is Selling Data on Crypto and ‘Geotracking’ to ICE
A contract between the two organizations reveal what services the Immigration and Customs Enforcement agency may get from Coinbase. ( read original story ...)
Tokyo Bourse Works to Improve Chinese Investors’ Convenience, Chief Says
The Tokyo Stock Exchange is working on enhancing convenience for Chinese and Japanese investors, according to the chief of the Asian bourse. "We will continue to work on further developments of ... ( read original story ...)
Japan’s GPIF records 5.4% gain for fiscal year amid tumultuous markets
Japan's GPIF reported a 5.42% investment gain for its fiscal year, despite ending the period with a quarterly loss of $16 billion. ( read original story ...)