Even if you’ve been living under a rock, you’re probably familiar with Bitcoin. Now, just as crypto disrupted the concept of value, decentralized finance is poised to disrupt finance itself. The populist movement promises huge returns for daring investors. But with DeFi’s promise of inclusion comes risk and uncertainty.
Your Saturday UK Briefing: Sunak Under Attack; Lacklustre Lions
S&P Turns More Positive on Bahrain as Oil Prices Surge
Euro Zone’s Double-Digit Inflation Is Reckoned to Have Lingered
Swiss Inflation Probably Still at 3%, Supporting More SNB Action
Why Inflation Heats Up and Is So Hard to Cool Down
Macau’s Casino Operators Get New Licenses; Genting Loses Out
Activision Sinks on Concern US Will Block Microsoft’s $69 Billion Deal
India Banking Regulator Asks Paytm Unit to Reapply for License
China’s ‘IPhone City’ Sends 870 Workers Away Without Notice
SoftBank-Backed Oyo Posts Narrower Loss After Curbing Expenses
Ukraine Latest: Russia Racing to Force ‘Demographic Change’
Singapore Deputy PM Gets Key Party Role as Succession Advances
Kuala Lumpur Is Top Global City for Expats
Can Jedi Mind Tricks Sell a £16 Million Home in London?
US Frustrates England Again At a World Cup in 0-0 Draw
Bills Overcome Deficit, Chaotic Week; Rally to Beat Lions
If China Invades Taiwan, Who Will Stand With the US?
Rishi Sunak Is Trapped in a Tory Civil War
Diversifying? Volatility Matters More Than Size
Professor Behind Effective Altruism on What SBF’s Fall Means
Apple’s Reliance on China Grows Perilous With Chaos in iPhone City
The Robot Tractors Are Coming, Just as Soon as We Crush a Few Bugs
India’s Top Court to Consider Legalizing Same-Sex Marriage
China Jails Chinese-Canadian Pop Star Kris Wu for 13 Years on Rape Charges
World’s Biggest Nuclear-Fusion Project Faces Delays as Component Cracks
The UK Car Industry’s Prospects Go From Bad to Worse
Where ‘Vision Zero’ Is Working
Thailand's Cannabis Industry Clouded as Legal Threats Emerge
A Skyscraper in Jakarta Offers Lessons for Quake-Prone Indonesia
Crypto Lender Seeks $1.5 Billion Funding Value Despite FTX Chaos
FTX Invoked by Canada Banks Group in Call for Payment Safeguards
Revisiting the “Magic Money Box” After the FTX Collapse
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IRS criminal investigators see cryptocurrencies and nonfungible tokens as ripe for fraud, including money laundering, market manipulation and tax evasion -- and even celebrities could get caught up in the agency’s probes.