Crypto Financial News
12.01 / 20:34
Binance
FTX
Fried
Bankman-Fried Continues to Blame Binance for the Collapse of His Crypto Empire
Former FTX CEO Sam Bankman-Fried has released an extensive Substack article talking about how his crypto empire collapsed, once again putting the blame on rival crypto exchange Binance.
12.01 / 12:41
cryptocurrency
Web3
Zebpay
compliance
Former ZebPay CEO launches crypto tax compliance start-up TaxNodes
Former ZebPay CEO Avinash Shekhar on January 12 announced the launch of his Web3-based crypto tax compliance start-up TaxNodes, aimed at simplifying the tax computing process. Additionally, it will also help crypto exchanges increase their internal controls and automate reconciliation and accounting.
10.01 / 16:57
FTX
Terra
Financial
Financial Bubbles Expert: Crypto a Bubble Like No Other or a Ponzi Scheme. Is He Right?
Some financial experts with a specialty in bubbles believe crypto is either one of the biggest bubbles in history or a smart Ponzi scheme not seen before.
10.01 / 14:43
Wintermute
market makers
Wintermute is Now One of the Biggest Market Makers in Crypto and Has Birthed 36 Millionaires
Wintermute, a leading global crypto market maker, has paid its 36 British staff a total of $83 million in 2021, suggesting that the crypto company gave birth to 36 new millionaires.
07.01 / 15:11
Hack
Hackers
Web3
Lost
Web3 Lost Nearly $4 Billion To Fraudsters Last Year - Will Things Improve in 2023
The crypto industry lost approximately $4 Billion worth of digital assets to hacks, fraud, scams, and rug pulls last year, a more than 50% decline compared to over $8 billion stolen in 2021.
06.01 / 13:55
FTX
Silvergate Bank Suffers Run on Deposits as $8.1 Billion is Withdrawn - Will it Go Bust?
Silvergate Capital, a crypto-focused bank, suffered a bank run following the collapse of cryptocurrency exchange FTX, which forced the company to sell assets at a significant loss in order to honor $8.1 billion worth of customer withdrawals.
05.01 / 23:43
Carbon Credit
C+Charge
CCHG
This Carbon Credit and EV Charging Project has the Potential to 10x – Find Out How to Get Involved
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
05.01 / 17:33
FTX
Silvergate
crypto deposits
Silvergate in Trouble: Crypto Bank Cuts Staff by 40% Amid a 68% Decline in Crypto Deposits
Trouble is brewing for crypto bank Silvergate as the company cuts staff by 40% and sells assets at a loss to cover $8.1 billion worth of customer withdrawals. Furthermore, the company's crypto-related deposits saw a 68% decline in the fourth quarter of last year.
05.01 / 13:41
Exchange
Crypto Exchange
services
Financial
regulatory
Indonesia to Launch Crypto Exchange This Year as Regulatory Powers Shift to Financial Services Authority
Indonesia plans to launch a crypto exchange in 2023 amid a financial sector reform that will see a shift in regulatory powers over digital assets to the Financial Services Authority.
04.01 / 16:21
Tax
India's Crypto Space Has Been "Crippled" Under Crypto Tax Laws: Report
India's crypto industry has been "crippled" under the country's controversial tax laws in 2022.
04.01 / 11:55
business
FTX
US regulators
Customers
Customers, Banks Should Be Wary Of Risks From Crypto-Assets, Warn US Regulators
The dramatic collapse of the trading platform FTX in 2022 has led to concern among regulators. (File)
28.12 / 22:49
FTX
Customers
FTX Customers File Lawsuit To Lay Claim To Assets
Sam Bankman-Fried has said he does not believe he has criminal liability. (File)
28.12 / 05:51
cryptocurrency
Bitcoin price today
crypto prices
Top Cryptocurrency Prices Today December 28: Bitcoin, Ether in red; Polkadot top gainer
Major cryptocurrencies traded mixed early on December 28 as the global crypto market cap decreased 0.73 per cent to $807.13 billion, over the last day. The total crypto market volume over the last 24 hours is $26.85 billion, which is a 20.08 per cent increase.
25.12 / 13:25
CNBC
Jim Cramer: "I Wouldn't Touch Crypto in a Million Years" – Mad Money Host Urges SEC to Crack Down
CNBC's Mad Money host Jim Cramer has lashed out at crypto investors once again, saying he wouldn't get involved with it "in a million years."
23.12 / 13:57
Forecast
Popular Crypto Forecaster Scott Minerd of Guggenheim Partners Passes Away Unexpectedly
Scott Minerd, the chief investment officer of the multinational investment company Guggenheim Partners and a popular crypto forecaster, has died.
22.12 / 09:11
FTX
Fried
Sam
2 Sam Bankman-Fried Associates Plead Guilty To Fraud, FTX Founder Heads To US To Face Charges
Sam Bankman-Fried has said he does not believe he has criminal liability. (File)
22.12 / 05:15
cryptocurrency
FTX
Fried
Extradition
FTX's Bankman-Fried gives consent to extradition to US on fraud charges
Sam Bankman-Fried will be taken to an airport in The Bahamas on Wednesday evening local time, a person familiar with the matter said, after the FTX founder was taken to prison following a courthouse appearance where he consented to be extradited to the US.
22.12 / 05:15
cryptocurrency
Bankruptcy
Core Scientific files for bankruptcy as crypto winter bites
Core Scientific Inc, one of the biggest publicly traded cryptocurrency mining companies in the United States, said on Wednesday it filed for Chapter 11 bankruptcy protection, the latest in a string of failures to hit the sector.
21.12 / 14:49
cryptocurrency
Bankruptcy
Crypto miner Core Scientific files for bankruptcy as industry contagion bites
Core Scientific Inc, one of the biggest publicly traded cryptocurrency mining companies in the United States, said on Wednesday it filed for Chapter 11 bankruptcy protection, the latest in a string of failures to hit the sector.
21.12 / 12:27
Bankruptcy
Crypto Mining Firm Core Scientific To File For Chapter 11 Bankruptcy: Report
Bitcoin miners have been under severe pressure as their profitability dropped.(File)
20.12 / 10:27
business
Bitcoin
Cryptoverse: Bitcoin Took A Beating In 2022
Surging inflation led to investors fleeing higher-risk assets - tech stocks and cryptocurrencies.(File)
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