Tether says it has $66.4bn in reserves, down from $82.4bn at the end of March as coin holders cash out amidst volatility in cryptocurrencies
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Bitcoin, Cryptocurrencies Wracked By Fresh Volatility
Bitcoin, other cryptocurrencies in sudden plunge following gradual recovery from June, when Bitcoin dropped 37 percent in a single month
Dorsey’s Block To Cut Expenditures After Crypto Loss
Jack Dorsey-led Block, formerly Square, to cut hiring and investment target after Bitcoin volatility and slowing consumer demand drives down profits
Bankrupt Celsius Network To Pay CFO $90,000 Per Month – Report
Cash strapped cryptocurrency lender Celsius Network wishes to bring back former CFO Rod Bolger and pay him $92,000 per month
SEC Charges Founders Of Crypto Group Forsage With Fraud
US SEC complaint says 11 associated with 'smart contract' firm Forsage, including founders, ran fraudulent pyramid and Ponzi scheme for more than two years
Tesla Sells 75 Percent Of Bitcoin Holdings
Bitcoin price slides after Elon Musk says cryptocurrency sale was to maximise Tesla's cash position after a shaky second quarter
Lawsuit Alleges Antitrust Issues Over Apple Pay
Payment card issuer accuses Apple of abusing its market domination to thwart competition for its Apple Pay mobile wallet
Celsius Network Files For Bankruptcy Protection
Troubled cryptocurrency lender Celsius Network confirms it has filed for bankruptcy protection as it seeks to restructure
Celsius ‘Deeply Insolvent’, US State Regulator Believes
Vermont regulator warns crypto lending firm Celsius “lacks the assets and liquidity to honour its obligations to account holders and other creditors”
Amazon Faces UK Investigation For Suspected Anti-competitive Practices
Another probe. Busy week for the UK's CMA after it confirms investigation of Amazon over “suspected anti-competitive practices”
Central African Republic Pushes Crypto For Economic Inclusion
Central African Republic's cryptocurrency-based Sango plan aims to boost crypto adoption, tokenisation – and even includes metaverse platform
FBI Adds ‘Cryptoqueen’ To List Of Ten Most Wanted
FBI adds Ruja Ignatova, former leader of OneCoin cryptocurrency scheme, to list of ten most wanted over running 'one of largest Ponzi schemes in history'
Bitcoin Falls Below $19,000, But Recovers Slightly Friday
Ominous sign for crypto markets? The value of Bitcoin dropped over 6 percent to below the $19,000 mark on Thursday, but bounced back a bit on Friday
Taiwan Developing Own Digital Currency – Report
Central bank of Taiwan confirms it is still working on its digital currency, but has not revealed any timeframes as of yet
Bitcoin Recovers After Sinking Below $20,000
Bitcoin and other cryptocurrencies held on to Sunday gains after the biggest cryptocurrency dipped below $20,000 on Saturday, amidst industry gloom
Cryptocurrencies Plunge After Celsius Pauses Withdrawals
Bitcoin and other cryptocurrencies fall after $12bn crypto lender Celsius pauses withdrawals and transfers, citing 'extreme' market conditions
New York Signs Bill To Ban Certain Crypto Mining Operations
Lawmakers in New York have passed a bill to ban certain cryptocurrency mining operations that run on carbon-based power sources
Amazon Hits Out At US Congress Antitrust Bill
Online retail giant Amazon slams US antitrust bill for unfairly singling it out, while not targetting rival retailers such as Walmart and Target
Bitcoin Price Spikes After Weeks Of Declines
Bitcoin rises more than 7 percent to over $31,000 after eight weeks of declines, but crypto transaction volumes still low after collapse of Terra and Luna coins
Binance Registers In Italy Amidst Europe Push
Binance registers in Italy following France approval, almost a year after it was forced to scale back operations in Europe due to regulatory crackdown
BNP Paribas Joins JP Morgan Blockchain Trading Network
French bank BNP Paribas becomes first European bank to join JP Morgan's blockchain-based Onyx Digital Assets platform for repurchase trading
Crypto Investor Arrested After Visiting Home Of TerraUSD Founder
South Korean crypto investor under police investigation after visiting home of Do Kwon, creator of failed TerraUSD cryptocurrency, to ask for apology
Davos Forum Sees Major Influx Of Crypto Firms
Cryptocurrency and blockchain firms are major presence at this year's physical Davos economic summit, in spite of recent drop in crypto values
Crypto Executive Says Bitcoin Has ‘No Future’ As Payments Network
Billionaire Sam Bankman-Fried, founder of the digital asset exchange FTX, says Bitcoin tech cannot scale to meet demands of true payments network
TerraUSD Organisers ‘Spent $2bn’ In Bitcoin To Maintain Value
Organisers behind failed TerraUSD stablecoin say they spent more than $2bn in Bitcoin last week in vain attempt to keep virtual currency from crashing
Bitcoin Slide Continues As Regulators Weigh In
Bitcoin and other cryptocurrencies continue to slide after spectacular collapse last week of 'stablecoin' TerraUSD and broader market jitters
Cryptocurrency Crash Continues As Ethereum, Luna Plummet
After Bitcoin suffers major crash this week, Ethereum, Luna, terraUSD and other cryptocurrencies plunge, wiping $200 billion off entire market
Funding Round Values Cryptocurrency Exchange KuCoin At $10bn
New $150m funding round values Seychelles-based cryptocurrency exchange KuCoin at $10bn amidst soaring investment in 'web3' ventures
Bitcoin Falls 50 Percent From November High
Bitcoin, other cryptocurrencies slump amidst broader stock market sell-off amidst central bank interest rate hike and economic uncertainty
Nvidia Charged By SEC For ‘Inadequate Disclosures’ About Crypto Mining
US financial regulator charges GPU giant Nvidia for “inadequate disclosures” concerning the impact of crypto mining on the company’s gaming business”