Cryptocurrencies News

ECB President Lagarde opened the Sixth Annual Conference of the European Systemic Risk Board and digital assets were the hot topic.

(Reuters) – U.S. House of Representatives Financial Services Committee Chair Maxine Waters tweeted on Wednesday that a subpoena of FTX founder Sam Bankman-Fried was “definitely on the table.”

By Medha Singh (Reuters) – Total funding at crypto startups this year is set to exceed investments in 2021, research firm Pitchbook said on Thursday though the pace of capital deployment is slowing as a series of crypto blowups sapped private equity investment appetite.

(Reuters) – U.S. federal prosecutors are investigating whether FTX’s founder Sam Bankman-Fried manipulated the market for two cryptocurrencies this May that led to their collapse and resulted in the implosion of his own cryptocurrency exchange, the New York Times reported on Wednesday.

By Dietrich Knauth (Reuters) – A U.S. bankruptcy judge on Wednesday ruled that some customers of crypto lender Celsius Network should receive their deposits back, giving relief to a relatively small group of customers whose deposits were never commingled with other Celsius funds.

By Jody Godoy (Reuters) – A federal judge in California on Wednesday dismissed a lawsuit against reality TV star Kim Kardashian, boxing legend Floyd Mayweather Jr. and others over their role in promoting a cryptocurrency, saying it was not clear that the investors who sued actually

LONDON (Reuters) – U.S. crypto firm Genesis is working to preserve client assets and strengthen liquidity, it said in a letter to clients on Wednesday, adding that it would take “weeks rather than days” to form a plan.

(Reuters) – Cryptocurrency exchange Coinbase Global Inc revenue is set to reduce to half this year, Bloomberg News reported, citing an interview with chief executive officer Brian Armstrong.

By Tom Hals and Dietrich Knauth WILMINGTON, Del. (Reuters) – A U.S. judge this week is considering for the first time the question of who owns bitcoin and other tokens in frozen accounts at a bankrupt digital asset exchange in a case that could shape customer

By Divya Rajagopal TORONTO (Reuters) – Canada’s biggest pension fund, CPP Investments, has ended its effort to study investment opportunities in the volatile crypto market, two people familiar with the matter told Reuters.

WASHINGTON (Reuters) – U.S. Securities and Exchange Commission Chair Gary Gensler said that companies that help facilitate transactions in the cryptocurrency market should come into compliance with law.

By Huw Jones LONDON (Reuters) – Lessons will be applied swiftly from the collapse of crypto exchange FTX that left 80,000 UK investors nursing losses even though the platform was not registered in Britain, the UK Financial Conduct Authority said on Wednesday.

FRANKFURT (Reuters) – Crypto assets are here to stay so their regulation is urgently needed to protect investors and the stability of the global financial landscape, European Central Bank board member Fabio Panetta said on Wednesday.

WASHINGTON (Reuters) – The chair of the Federal Trade Commission, Lina Khan, on Tuesday said giant companies like Ticketmaster, which faces a tsunami of criticism for problems in selling tickets to a 2023 Taylor Swift tour, can become “too big to care.”

By Chris Prentice NEW YORK (Reuters) – FTX founder and former chief executive Sam Bankman-Fried has hired former prosecutor Mark S. Cohen to represent him, as U.S. authorities probe the crypto exchange’s collapse, a spokesperson for Bankman-Fried said on Tuesday.

By Kevin Buckland TOKYO (Reuters) – The U.S. dollar held firm against major peers on Tuesday, following its biggest rally in two weeks after strong services data in the United States fuelled bets the Federal Reserve may lift interest rates more than recently projected.

NEW YORK (Reuters) – Most cryptocurrency tokens will likely be regulated as securities under existing securities laws in the fallout of the collapse of crypto exchange FTX, Jeff Sprecher, chief executive officer of NYSE-owner Intercontinental Exchange Inc, said on Tuesday.

By Iain Withers and Lawrence White LONDON (Reuters) – Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuations and dampened investor interest.

By Martin Coulter LONDON (Reuters) – Tony Fadell, a well-known Silicon Valley executive known as the father of the iPod, on Tuesday unveiled his latest project – a hardware wallet used to store cryptocurrency offline.

By Marc Jones LONDON (Reuters) – The Bank for International Settlements (BIS) has warned that pension funds and other ‘non-bank’ financial firms now have more than $80 trillion of hidden, off-balance sheet dollar debt in the form of FX swaps.