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Billionaire Dairy Producer Joins Ranks Of Indonesia’s 50 Richest
This story appears in the December 2022 issue of Forbes Asia. Subscribe to Forbes Asia Bambang Sutantio Forbes Indonesia This story is part of Forbes’ coverage of Indonesia’s Richest 2022. See the ful...
3AC Co-Founders Su Zhu, Kyle Davies Subpoenaed in Bankruptcy Case
A federal bankruptcy judge has approved the issuance of subpoenas to the co-founders of the collapsed hedge fund – Three Arrows Capital (3AC) – Su Zhu and Kyle Davies. In a document published on Tuesd...
Minimart Chain Alfamart’s Expansion Binge More Than Doubles Founder’s Fortune
This story appears in the December 2022 issue of Forbes Asia. Subscribe to Forbes Asia Djoko Susanto Sumber Alfaria Trijaya This story is part of Forbes’ coverage of Indonesia’s Richest 2022. See the ...
Lucky Mystery Box Announces Launch of its Crypto lottery on the TRON Network With a 1M USDT Prize Pool
Advertisement     Lucky Mystery Box has launched a TRC-20 Crypto lottery with a reward pool of 1M worth of USDT. The project utilizes the principle of Block Hash which...
Filecoin Price Prediction: FIL Crypto’s Symmetrical Imaging Need Your Attention!
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Technical Chart Hints LUNC May Plunge To $0.0001 Mark
Published 11 hours ago The LUNC coin price losing for three consecutive days, has reverted from a descending trendline and breached local support of $0.000167. The coin price currently trades at the $...
Tobacco Tycoon’s Wealth Declines As Indonesia Ratchets Up Taxes To Curb Smoking
This story appears in the December 2022 issue of Forbes Asia. Subscribe to Forbes Asia Susilo Wonowidjojo Gudang Garam This story is part of Forbes’ coverage of Indonesia’s Richest 2022. See the full ...
Institutional investors still eye crypto despite FTX collapse
The negative effects caused by the FTX debacle have placed the crypto space in an unfavorable light. However, institutional investors continue to show interest in the industry, even at the height of t...
Jefferies Suggests 2 High-Yield Dividend Stocks — Including One With 13% Yield
The rollercoaster ride continues in the stock market, and equities have been falling across the board this week. The S&P 500 is down 3.5%, and the Dow has lost some 870 points. The market drop was...
Cardano Receives Stunning Prediction for 2023, Here’s How Tables Would Turn
Cardano-focused Twitter account ADA Whale has taken to Twitter to make a stunning prediction for Cardano in the year 2023. The Cardano network is moving into its next era, the Age of Voltaire, which u...
Indonesian Coal Billionaire Low Tuck Kwong Mines Super-Profits To Become The Country’s Second Richest Person
This story is part of Forbes’ coverage of Indonesia’s Richest 2022. See the full list here. Bayan Resources’ Low Tuck Kwong, whose wealth jumped nearly fivefold in the past year, is confident that coa...
Japanese regulators recommend against algorithmic stablecoins in late response to UST
Japanese regulators advise against the adoption of algorithmic stablecoins in what appears to be a late response to the fall of TerraUSD (UST). Japanese financial regulator Financial Service Agency (F...
Senate Banking Committee calls on Bankman-Fried to testify on Dec. 14
The U.S. Senate Banking Committee wants Sam Bankman-Fried to testify on the collapse of his crypto exchange, FTX and linked trading firm, Alameda Research. “As the Founder and CEO of FTX ...
UK-based Crypto Tax Firm ‘Koinly’ Announces 14% Layoff
Bitcoin News The FTX collapse had a terrible effect on the crypto industry with several firms taking hits. Koinly, founded in 2018, is the tax partner for a number of cryptocurrency exchanges. Koinly,...
Binance auditor confirms reserves, 3AC founders subpoenaed, and Crypto Twitter drama
The biggest news in the cryptoverse for Dec. 6 includes Polygon co-founder hitting back against ‘jealous’ competition, Crypto.com CEO addressing ‘FUD,’ Binance auditors confirming Bitcoin reserves, an...
Indonesia Wealth Creation: Powered Up In 2022
This story appears in the December 2022 issue of Forbes Asia. Subscribe to Forbes Asia Getty This story is part of Forbes’ coverage of Indonesia’s Richest 2022. See the full list here. Amid intensifyi...
FTC Probes ‘Possible Misconduct’ in Cryptocurrency Advertising
The U.S. Federal Trade Commission (FTC) is investigating several unnamed crypto firms over deceptive or misleading crypto advertising, according to a Bloomberg report. “We are investigating several fi...
Bitcoin miner Marathon explores Compute North bid: Bloomberg
Marathon Digital Holdings Inc. has hired advisers to help navigate a potential bid for its partner Compute North, a troubled crypto miner currently going through bankruptcy, according to Bloomberg. Ma...
Techfest IIT Bombay Presents International Blockchain Summit
Techfest IIT Bombay, Asia’s Largest technology festival is hosting the International Blockchain Summit which will take place from December 16-18, 2022, at IIT Bombay Campus, Powai. The Techfest Blockc...
Why This Market Rally Is So Dangerous; Tesla Nears Bear Lows On This Move
Dow Jones futures fell slightly in extended trading, along with S&P 500 futures and Nasdaq futures. The stock market rally had a flat-to-lower session Wednesday. X The Nasdaq led declines as Apple...
Bitcoin takes a bullish stance but does that guarantee a buyer interest in BTC
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin sees hefty outflows from exchanges to suggest an accumulat...
Algorand Price Prediction: What about this Sudden Price Drop of ALGO Crypto?
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Will Slow Down In BTC Mining Hamper Bitcoin’s Short Term Price?
After a tumultuous month for Bitcoin in November, few indicators are pointing out that the BTC price can see a major downtrend in the month of December and in the near short term. The core factor lead...
Combined Wealth Jumps To A Record $180 Billion
Newcomer No. 32 Eddy Sugianto Mandiri Coal This story is part of Forbes’ coverage of Indonesia’s Richest 2022. See the full list here. Buoyed by high global prices for Indonesia’s commodity exports, t...
Mad Money’s Jim Cramer Advises Investors to Get out of Crypto — Says ‘It’s Never Too Late to Sell’ – Markets and Prices Bitcoin News
The host of Mad Money, Jim Cramer, has advised investors to sell their crypto, emphasizing that “it’s never too late to sell an awful position.” Regarding FTX, Cramer predicted that the collapsed trad...
Bitcoin Holders Show Rapid New Accumulation For First Time This Bear, Bottom Signal?
On-chain data shows Bitcoin holders have done some rapid fresh accumulation recently, something that may lead to bottom formation for the cycle. Bitcoin 1w-1m Realized Cap UTXO Age Bands Have Sharply ...
4 More REITs Hit New Yearly Lows
Worries about whether the Federal Reserve might slow the pace of interest rate hikes are taking a toll on a few real estate investment trusts (REITs). These four interest-sensitive REITs dropped to ne...
Bank of Russia wants to ban miners from selling crypto to Russians
The Russian central bank continues to maintain an extremely negative stance on cryptocurrencies, proposing to ban local miners from selling coins to local people. The Bank of Russia has supported the ...
Tesla has a demand problem, or so a Tesla bear says
Tesla Inc.’s recent price cuts on vehicles sold in the U.S. and China point to a possible demand problem, one that could persist into 2023 and cut down on the electric-vehicle maker’s margins. That’s ...