Crypto Financial News
19.12 / 10:03
FTX
Insurers Keep Away From FTX-Linked Crypto Firms As Contagion Risk Rises
FTX: Exclusions may act as a failsafe for insurers. (File)
17.12 / 20:51
cryptocurrency
Binance
FTX
Binance, alone at the top after FTX, stirs ‘too big to fail’ crypto worry
Now that Sam Bankman-Fried’s fall from grace is complete, uneasiness is growing around the dominance that his rival Changpeng Zhao’s Binance holds in the cryptocurrency market.
16.12 / 15:25
cryptocurrency
Binance
FTX
Mazars
Auditing firm Mazars pauses work for Binance, other crypto clients: Report
Mazars, the auditing firm working with major cryptocurrency exchange Binance, has paused all work for clients in the crypto industry, news outlet Coindesk reported on Friday, citing an emailed statement from Binance.
15.12 / 13:13
regulation
G20
G20 Governments Working Together to Develop a Unified Cryptocurrency Policy
The G20 countries plan to create a policy consensus on cryptocurrencies in a bid to better regulate the asset class.
14.12 / 12:37
cryptocurrency
NFT
Short video app Chingari looks to expand into new markets in 2023, ramp up hiring
Chingari, a short video platform, plans to expand into new global markets in 2023, including Latin America, Africa, and Europe. According to a company executive, the platform also plans to hire at least 400-500 people across its global offices, more than doubling its current headcount of approximately 250 people.
13.12 / 17:39
cryptocurrency
Binance
FTX
Crypto Exchange
Rivals' propaganda against Binance helped us grow, says CEO Changpeng Zhao
Binance CEO Changpeng Zhao on Tuesday spoke up against the propaganda or FUD (fear, uncertainty, and doubt) being spread against the crypto exchange by rivals. He, however, added that such attacks won the company allies who wanted to invest in Binance.
09.12 / 16:19
cryptocurrency
FTX
Inside the frantic texts exchanged by crypto executives as FTX collapsed
The day before the embattled cryptocurrency exchange FTX filed for bankruptcy, Changpeng Zhao, the chief executive of the rival exchange Binance, sent an alarmed text to Sam Bankman-Fried, FTX’s founder.
06.12 / 11:05
Bitcoin news
Bitcoin
Cryptoverse: 2022 Has Been The Year Of Bitcoin "Bloodbath"
The collapse of Sam Bankman-Fried's FTX exchange hammered a long nail into the market.
01.12 / 18:41
Ethereum
ETH
Ethereum Price Prediction as ETH Shoots Up 6.5% in 7 Days – How High Can it Go?
ETH, the cryptocurrency that powers the Ethereum blockchain, was last changing hands around $1,275, up around 6.5% in the last seven days according to CoinMarketCap. The cryptocurrency gained 6.5% alone on Wednesday as traditional risk assets like US equities rallied in wake of a more dovish-than-expected message from the chairman of the US Federal Reserve Jerome Powell on the prospect for further rate hikes in the coming months. Price predictions have become increasingly bullish in wake of the latest move higher.
01.12 / 13:05
Customers
Miami Nightclub Owners Mourn The Lack of Crypto Rich Customers as Market Prices Crash
Miami nightclub owners are facing slumping sales and dwindling revenue as the crypto rich are veer away from entertainment venues amid the recent collapse of FTX and the broader crypto market downturn.
01.12 / 08:52
cryptocurrency
Returns
Crypto Allures Indians With 3,100% Returns, They're Ignoring Risks
The multilevel marketing model based on referral fees is highly risky.
30.11 / 13:59
FTX
Fried
Sam
Sam Bankman-Fried Loses $17 Billion Fortune, Now Down to Just $100,000 in the Bank
Sam Bankman-Fried, former CEO and founder of collapsed crypto exchange FTX, is down to $100,000 from the approximately $17 billion he was worth earlier this year.
29.11 / 12:05
Crypto Exchange
US, Bitcoin, Cryptocurrency: Crypto Exchange Bitfront Shuts Down
Bitfront said it has suspended new sign-ups and credit card payments as of Nov 28.(Representational)
26.11 / 15:35
bull market
Bitcoin
Lee
analyst
Crypto Analyst Tommy Lee Changes His 2022 Bitcoin Prediction – This is What He Thinks Now
Top Wall Street strategist Thomas Lee, who is also co-founder of Fundstrat Global Advisors, believes crypto will reemerge despite a lackluster performance in 2022.
24.11 / 13:29
Binance
FTX
Binance's Changpeng Zao Flags Possible $1 Billion Fund For Distressed Assets: Report
Several crypto firms have been bracing for the fallout from the FTX collapse.
24.11 / 12:39
regulation
crypto ban
New York Attorney General Urges Congress to Prohibit Retirement Investments in Crypto Assets
New York Attorney General Letitia Games has urged lawmakers to ban the use of crypto assets as an investment option for retirement accounts.
24.11 / 10:13
FTX
Bitcoin
GlobalRegulatorsToTargetCryptoExchanges After FTX Crash
Madrid-based IOSCO is an umbrella body for market watchdogs.(File)
21.11 / 09:27
cryptocurrency
Football
How are crypto investors celebrating the FIFA World Cup?
As football season kickstarted with the 2022 FIFA World Cup, cryptocurrency investor fans are looking to own a piece of their favourite football teams through non-fungible tokens (NFTs). According to a survey conducted by cryptocurrency exchange KuCoin across 20,180 crypto investors between January and September of 2022, and 8,022 users in KuCoin communities in November 2022, nearly 48 percent of football fans want to trade fan tokens for sports teams.
20.11 / 12:25
cryptocurrency
FTX
Crypto Exchange
Bitcoin
creditors
Collapsed FTX owes nearly $3.1 billion to top 50 creditors
Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, said it owes its 50 biggest creditors nearly $3.1 billion.
19.11 / 13:05
cryptocurrency
Digital Currency
FTX launches strategic review, seeks court relief to pay critical vendors
Collapsed crypto exchange FTX said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganisation of some businesses.
18.11 / 09:55
FTX
Bankruptcy
Fried
Sam
Sam Bankman-Fried: What's Next In Crypto Exchange FTX's Bankruptcy
Customers who withdrew their assets from FTX before its collapse are not necessarily in the clear.
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