The People's Bank of China said it summoned payments firm Alipay and several major lenders to tell them they must not provide crypto-related services. ( read original story ...)
Bitcoin’s Biggest Corporate Backer Invests Another $500 Million As Crypto Prices Crash
Two weeks after announcing a debt offering to fund the investment, business analytics firm MicroStrategy, which owns more bitcoin than any other corporation in the world, has spent nearly $500 million ... ( read original story ...)
China’s Crypto Crackdown Could Help Usher in a Return to Sanity for GPU Prices
Finding new graphics cards at reasonable prices has been almost impossible as of late, but that might be about to change after prices for GPUs in China fell by as much as 66 percent following a number ... ( read original story ...)
Crypto billionaire Sam Bankman-Fried discusses why dogecoin should be named asset of the year — and how its rise reflects the meme-stock trend
"Elon is a powerful piece of this, he is actually the most influential man in the world when it comes to financial assets," Bankman-Fried said. ( read original story ...)
Coinbase-Backed Platform Raises $100 Million To Become Latest Crypto Unicorn
Despite the recent price drawbacks in bitcoin, ether, and other digital assets, the minting of crypto’s latest unicorn, Amber Group, proves that institutional interest in the emerging asset class is ... ( read original story ...)
Naomi Osaka-backed salad chain confidentially files for U.S. IPO
Salad chain sweetgreen Inc said on Monday it had confidentially filed for an initial public offering in the United States, hopeful of strong investor interest as demand for plant-based food products ... ( read original story ...)
Ex-Tesla president sells shares, Olympics to allow fans, Vivendi sells 10% of UMG
Julie Hyman breaks down Monday’s business headlines, including: Former Tesla President Jerome Guillen selling $274 million worth of shares after exercising stock options, the Tokyo Olympics allowing ... ( read original story ...)
UPDATE 1-Naomi Osaka-backed salad chain sweetgreen confidentially files for U.S. IPO
Salad chain sweetgreen Inc said on Monday it had confidentially filed for an initial public offering in the United States, hopeful of strong investor interest as demand for plant-based food products ... ( read original story ...)
Japan pledges $10 bln financial support for Asia’s energy transition
Japan on Monday pledged to offer $10 billion financial aid for decarbonisation projects in Asia, such as renewable energy, energy-saving and conversion to gas-fired power generation from coal-fired ... ( read original story ...)
Tokyo Olympic Fans Will Not be Allowed to Cheer in Bid to Limit COVID Spread
"If there is an announcement of a state of emergency during the Games, all the options like no-spectator games will be examined," said Seiko Hashimoto, president of the Tokyo Olympic Organizing ... ( read original story ...)
Tokyo to Allow 10,000 Spectators for Olympic Games
Tokyo 2020 officials announced on Monday that they will allow up to 10,000 spectators at each sporting event of the Olympic Games. During a meeting held between the International Olympics Committees, ... ( read original story ...)
Tokyo Olympics to allow spectators amid ongoing coronavirus crisis
Organizers for the upcoming Tokyo Olympics said on Monday that venues could welcome fans up to 50% capacity. And, Health officials in Brazil confirmed a grim milestone over the weekend: The country ... ( read original story ...)
Olympics-Up to 10,000 Fans Allowed at Tokyo 2020 Venues, Despite Warnings
TOKYO (Reuters) -Up to 10,000 domestic spectators will be allowed in Tokyo 2020 venues, Olympics organisers said on Monday, a decision that cuts against the recommendation of medical experts who said ... ( read original story ...)
Olympics to allow limited spectators at Tokyo Games
The Tokyo Olympics will allow 50% capacity or up to 10,000 spectators inside venues hosting competitions this summer, officials announced on Monday. ( read original story ...)
Tokyo 2020 spectators capped at 10,000 per venue
Olympics organizers will cap the number of spectators for each 2020 Tokyo Games venue at 10,000 - just days after experts said hosting the event without fans was the "least risky" option.Now, those ... ( read original story ...)
Tokyo 2020: Up to 10,000 Japanese fans will be permitted at Olympic venues
Up to 10,000 Japanese fans will be permitted at venues at the Tokyo 2020 Olympics. Capacity will be set at 10,000 spectators, provided it does not exceed 50% of a venue's capacity. Fans will not be ... ( read original story ...)