Former high-ranking Chinese government official apologises in television broadcast for helping cover up crypto-mining amidst crackdown
News Cryptocurrency
US Bank Silvergate Covers $8bn In Crypto Withdrawals
US bank Silvergate hit by more than $8 billion in customer crypto withdrawals in late 2022 amidst 'rapid changes' in industry
FTX’s Sam Bankman-Fried Pleads Not Guilty To Fraud Charges
Faced a possible 115 years in prison, FTX's Sam Bankman-Fried pleads not guilty to fraud charges, as trial is slated for October
Taiwan Temple Sells NFTs For Popular Pilgrimage
Temple in Taiwan sells thousands of NFTs to increase followers' engagement in popular pilgrimage around sea goddess Mazu
NFT Sales, Search Interest Drop Sharply In 2022
Online searches and sales of non-fungible tokens (NFTs) decline sharply this year after a peak of $4.9 billion in sales in January 2022
Binance.US To Acquire Assets Of Voyager Digital For $1bn
Binance US subsidiary to pay $1bn for assets of bankrupt crypto exchange Voyager Digital as crypto turmoil continues
FTX’s Bankman-Fried ‘Set To Agree To Extradition’
FTX's Sam Bankman-Fried set to appear in Bahamas court Monday to drop extradition fight amidst charges of massive fraud, money laundering
Top City Law Firm Loses Funds In FTX Crash
'Silver Circle' law firm Herbert Smith Freehills loses $120,000 in FTX failure as disgraced Bankman-Fried charged with fraud
Trump Digital Trading Cards Quickly Sell Out
Digital trading cards offered as NFTs by former US president Donald Trump sell out in less than a day, with price more than doubling
Binance Founder Reassures After $1 Billion Withdrawn In A Day
Founder Changpeng Zhao admits “stress test” after more than a billion dollars is pulled out of Binance in a single day
Crypto Lender BlockFi Files For Chapter 11 Bankruptcy
FTX collapse cited, as cryptocurrency lender BlockFi files for Chapter 11 bankruptcy protection in New Jersey court
FTX Under ‘Active’ Investigation In Bahamas
Collapsed crypto exchange FTX under 'active' investigation in Bahamas, attorney general says, as he defends regulator's asset seizure
New York Governor Signs Bill To Limit Crypto Mining
Green move. Clampdown on crypto mining that runs on carbon-based power sources signed into law by New York Governor
FTX Owes Top 50 Creditors $3.1bn
Bankrupt crypto exchange FTX discloses it owes 50 biggest creditors more than $3.1 billion after spectacular collapse this month
Failed FTX Exchange Could Have A Million Creditors
As regulators begin investigations into FTX's bankruptcy, filings indicate the failed crypto exchange could have 1 million creditors
Binance Chief Warns Of Crypto ‘Bad Players’
Head of biggest crypto exchange Binance says regulations are needed but can't protect people from a 'bad player'
Crypto.com Reassures Investors After FTX Collapse
Cryptocurrency exchange Crypto.com reassures users company is 'secure' after spectacular fall of major player FTX last week
FTX Crypto Exchange Files For Bankruptcy, CEO Resigns
Chapter 11 for cryptocurrency exchange FTX, after it failed to secure rescue bid and additional funding. CEO Sam Bankman-Fried resigns
Crypto Market Rocked As Binance Drops FTX Rescue Deal
Cryptocurrency prices plunge after crypto exchange platform Binance withdraws from purchase of its failing rival FTX Trading
Binance Hit By $570m Crypto Theft
Hackers steal $570 million of Binance BNB crypto tokens amidst soaring thefts from cross-blockchain bridges
Interpol Issues Red Notice For Terra’s Do Kwon
Do Kwon denies being on the run and says he is making “zero effort to hide,” after Interpol issues global arrest warrant
Crypto Exchange Kraken Has ‘No Plans To Register’ With SEC
Incoming chief executive of Kraken says company has no plans to register as intermediary as regulatory environment tightens
JPMorgan Boss Calls Cryptocoins ‘Decentralised Ponzi Schemes’
JPMorgan chief executive Jamie Dimon tells US Congress cryptocurrencies are 'decentralised Ponzi schemes' that put billions at risk
White House Moves Toward Crypto Regulation
US administration issues initial framework for future cryptocurrency regulation balancing risks and opportunities
Celsius Seeks Permission To Sell Stablecoin Assets
Bankrupt cryptocurrency lender Celsius Network files request to sell its stablecoin assets, as it seeks funds to continue operations
South Korea Issues Arrest Warrant For TerraUSD’s Do Kwon
Do Kwon, the co-founder of failed TerraUSD cryptocurrency, is the subject of an arrest warrant issued by South Korean authorities
Stablecoin Tether Touts $66.4bn In Reserves After $16bn Sell-Off
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
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
Nvidia Warns Of 44 Percent Drop In Gaming Sales
Nvidia warns gaming sales set to come in significantly lower than expectations amidst end of pandemic-era surge in demand and slump in crypto-mining
Tinder Ditches Metaverse, Digital Coin Plans As Investors Swipe Left
Tinder parent Match Group suspends plans to develop metaverse-based dating and Tinder Coins after announcing disappointing third-quarter expectations