Cryptocurrencies News
- Reuters
By Hannah Lang (Reuters) – Silvergate Capital Corp reported a net loss of $1 billion in the fourth quarter, after reporting earlier this month that investors spooked by the collapse of crypto exchange FTX pulled out more than $8 billion in deposits in the last three
- Reuters
By Nell Mackenzie LONDON (Reuters) – Hedge funds trading crypto currencies tracked by index provider BarclayHedge ended 2022 down almost 50%, the research firm said on Tuesday, a sign that the collapse of the cryptocurrency exchange FTX continues to ripple through the industry.
- Reuters
By Medha Singh and Lisa Pauline Mattackal
- Reuters
By Divya Chowdhury and Lisa Pauline Mattackal
- Reuters
(Reuters) – Bitcoin rose 5.58% to $21,044 at 2344 GMT on Saturday, adding $1,113 to its previous close.
- Reuters
(Reuters) – Bitcoin rose 5.54% to $19,897 at 22:13 GMT on Friday, adding $1,044 to its previous close.
- Reuters
By Luc Cohen and Jody Godoy NEW YORK (Reuters) – Several FTX employees have turned to law firm Covington & Burling to help them deal with questions from U.S. authorities investigating the collapse of the cryptocurrency exchange and actions by its founder Sam Bankman-Fried, three people
- Reuters
By Elizabeth Howcroft LONDON (Reuters) – Chinese crypto entrepreneur Justin Sun is willing to spend $1 billion of his own funds on buying assets belonging to Digital Currency Group (DCG), the parent company of embattled crypto lender Genesis, Sun told Reuters.
- Reuters
(Reuters) – Singapore-based crypto exchange Crypto.com said on Friday it had decided to reduce global workforce by approximately 20%.
- Reuters
By Chris Prentice and Hannah Lang NEW YORK/WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Thursday said it has charged Genesis Global Capital LLC and Gemini Trust Company LLC with illegally selling securities to hundreds of thousands of investors through their crypto lending
- Reuters
By Elizabeth Howcroft LONDON (Reuters) – Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain analytics firm Chainalysis showed on Thursday.
- Reuters
By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) – Eight major media outlets on Thursday asked the U.S. judge overseeing Sam Bankman-Fried’s criminal case to make public the names of two people who helped guarantee the FTX cryptocurrency exchange founder’s $250 million bond.
- Reuters
(Reuters) – Bitcoin rose 6% to $19,005 at 21:04 GMT on Thursday, adding $1,075 to its previous close.
- Reuters
By Chris Prentice, Angus Berwick and Luc Cohen
- Reuters
By Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried said he did not steal money and blamed the collapse of his now-bankrupt FTX exchange on a broad crash in cryptocurrency markets, in a highly unusual blog post on Thursday, a month after his arrest on U.S.
- Reuters
By Nelson Renteria SAN SALVADOR (Reuters) – El Salvador, which became the first country in the world to recognize bitcoin as a legal tender two years ago, approved on Wednesday a law that would regulate the issuance of other digital assets by both the state and
- Reuters
By Dietrich Knauth and Tom Hals (Reuters) – Crypto exchange FTX will ask a U.S. bankruptcy court on Wednesday to allow it to auction off pieces of its business and to keep customer names secret for at least six months while it works to recover funds
- Reuters
By Dietrich Knauth (Reuters) – Bankrupt crypto lender Voyager Digital is working to expedite a U.S. national security review that could delay or block its proposed $1 billion sale of its assets to Binance.US, its attorneys said on Tuesday.
- Reuters
(Reuters) – Cryptocurrency exchange Coinbase Global Inc said on Tuesday it will reduce its workforce by about 950 employees as part of a restructuring plan.
- Reuters
By Luc Cohen NEW YORK (Reuters) – The brother of a former Coinbase Global Inc product manager was sentenced on Tuesday to 10 months in prison after pleading guilty in September to a wire fraud conspiracy charge, in what U.S. prosecutors have called the first insider