Along the Davos Promenade in 2023 there were fewer crypto companies than in previous years after the market crash. Circle, the company behind the stablecoin USDC, was one the few present.Arjun Kharpal | CNBCDAVOS, Switzerland — Over the past few years at the World Economic…

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.2023 is shaping up to be a big year for crypto, with Algorand (ALGO), Polygon (MATIC), and Orbeon Protocol (ORBN) being the must-have coins. Algorand (ALGO) is a fast and secure blockchain…

Alvin Chau, once one of Macau’s highest-profile gambling promoters, has been sentenced to 18 years in prison, in a signal of Beijing’s crackdown on capital outflows and cross-border offences in the Chinese territory’s gaming industry.Chau, the former chair of Suncity Group, the Chinese gambling hub’s…

Technology companies now account for a larger share of Wall Street’s primary gauge of “value” stocks than after any previous rebalancing in the benchmark’s near-30-year existence.The metric is a sign of the humbling of the once high-flying sector, with last year’s sharp sell-off sending a…

The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-easy monetary policy, defying market expectations that rising inflation could force the central bank to move away from low interest rates. The BOJ kept its yield curve control (YCC) targets unchanged…

The arrival of a Russian oligarch in the disputed enclave of Nagorno-Karabakh has added to escalating tensions in a volatile region where Moscow is struggling to maintain its influence. Russian-Armenian billionaire Ruben Vardanyan was appointed last autumn as first minister in the South Caucasus enclave,…