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Agency 63

Bitcoin Price Tumbles After Wall Street Selloff

Bitcoin and other cryptocurrencies fell sharply Saturday, another sign that investors were pulling back from riskier bets after this week’s stock-market selloff. Bitcoin, the largest cryptocurrency by market value, plunged more than 20% to $42,000 at midnight Eastern Time on Saturday before bouncing back, according to data from CoinDesk. It was trading at $49,000 Saturday…

“Steal Our Approach To Sustainability” Allbirds Co-CEO Joey Zwillinger On How The Company Responds To Copycats

Copying is rampant in the fashion industry. The idea of “fast fashion” is even built on quickly replicating popular styles, with products designed for a low price-point and so usually made of low quality and frequently environmentally destructive materials . Many companies have taken a stand against this trend and the associated increase in over-consumption.…

VIE Demise “Not True” According To China’s Financial Regulator

Key News Asian equities were largely higher with Japan underperforming as investors come to grips with the Omicron outbreak and Fed Chair Powell’s taper talk. Hong Kong internet stocks were mixed following yesterday’s Bloomberg article that China will ban the VIE structure. The CSRC, China’s SEC, said succinctly in response that “the news is not…