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Acclaimed Mt. Gox Villain Mark Karpeles launches New Blockchain Venture

By CCN: Mark Karpeles, disgraced CEO of the infamous Mt. Gox's crypto exchange, has revealed new plans in blockchain space. According to the Associated Press, he will launch a new company aimed at making Japan a "global leader in blockchain". Karpeles found himself guilty of manipulating data at Mt. Gox and left a suspended sentence earlier this year. Now he …

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Dollars hovering near seven weeks low as Fed officials open door for interest rate cut by Reuters

© Reuters. US dollar banknote is seen in this illustration illustration By Daniel Leussink TOKYO (Reuters) – The dollar struggled to bounce off seven weeks of downturns on Wednesday after US central bank officials hinted at the possibility of an interest rate cut. global growth. On Tuesday, Federal Reserve chairman Jerome Powell dropped his default reference to the Fed as …

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My new company will make Japan Blockchain Leader

Former CEO of defunct cryptocurrency exchange Mt. Gox, Mark Karpeles, wants to start a new Blockchain company in Japan. Karpeles Blockchain Gift To Japan It was the plans Karpeles told told the press in comments on June 5, when he appealed a conviction for data profiling as part of Mt. Gox's legal proceedings. Although the details are sparse, Associated Press …

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Jeff Bezos draws $ 80 million on 3 apartments in this city

Amazon CEO Jeff Bezos buys three apartments in a Manhattan building for about $ 80 million. Bezos buys the penthouse and the two apartments below in a building on Fifth Ave. The three apartments in combination are more than 17,000 square feet and have 12 bedrooms, The Wall Street Journal reported Tuesday. Miguel Bezos and Jeff Bezos arrive at the …

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China fines Ford's Changan venture $ 24 million to violate Reuters monopoly law

© Reuters. China Fines Ford's Changan Wager $ 24 Million to Break the Monopoly Law SHANGHAI (Reuters) – China's market regulator said on Wednesday that it has fined Ford Motor (NYSE 🙂 Cos joint venture with Changan Automobile Group 162.8 million yuan (23.55 million dollars) to violate anti-monopoly legislation. The State Market Administration said on its website that the joint …

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China has not targeted Apple in trade war with US

Apple CEO Tim Cook speaks at Apple's annual Worldwide Developers Conference in San Jose, California, June 3, 2019. Mason Trinca | Reuters China has not targeted Apple at all in the ongoing trade disputes between Beijing and Washington, according to CEO Tim Cook. "The Chinese have not targeted Apple at all, and I don't anticipate that happening, to be honest," …

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Forget our money, Big Tech has a monopoly on our minds

Wall Street Journal May 31, reports that the Justice Department is preparing an antitrust investigation against Google yuge . And The Washington Post on June 1, reports that the Federal Trade Commission (FTC) will review Amazon as much. Whatever one thinks of President Donald Trump, superlative about size is in order with regard to these investigations – if it is …

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The SEC case against Kik's ICO seems strong, experts say

The US Securities and Exchange Commission has raised the messenger app maker Kik for its $ 100 million ICO – which the agency claims was an unregistered securities sale – and the regulator appears to have built a strong case at its first court hearing. [19659002] In a complaint filed on Tuesday, the SEC claimed that Kik was violated by …

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Asia markets jump on the Wall Street rally

Tokyo Nikkei ( N225 ) led the charge and rose 1.9% in the morning trade. Hong Kong Hang Seng ( HSI ) and Shanghai Composite ( SHCOMP ) increased about 0.5%. 19659005] The march market upturn was comments from US central bank governor Jerome Powell, who said the central bank closely followed the trend on the trade front. "As always, …

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