Ft Financial News

16.06 / 03:27

HSBC Standard Chartered Ft HSBC, StanChart face pressure from Hong Kong to take on crypto clients - FT

HSBC and Standard Chartered are among lenders facing pressure from Hong Kong's banking regulator to take on crypto exchanges as clients, the Financial Times reported on Thursday, citing three people with knowledge of the matter. The UK-based lenders and the Bank of China were questioned by the Hong Kong Monetary Authority (HKMA) last month on why crypto exchanges were not being accepted as clients, according to the report. Standard Chartered is in regular dialogue with regulators on different subjects, it said in an emailed statement to Reuters, declining to comment further on the FT report. HSBC and the HKMA did not immediately respond to a Reuters request for comments.

18.04 / 13:09

Blockchain COST Provident Maxim CEO Platform Ft open Crypto Family Token (FT) and Family NFTs Renting Open For Community To Join

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

13.01 / 00:47

UPS Digital Fallout creditors Ft Crypto lender Genesis Crypto lender Genesis owes creditors $3bn - FT

Genesis parent Digital Currency Group (DCG) is considering selling some of the assets in its venture portfolio to raise money to help pay off the creditors, says the FT, citing sources. Earlier this month, Genesis laid off about 30% of its workforce as it faced up to the FTX fallout, which had already forced to it to stop customer withdrawals.

12.11 / 10:19

cryptocurrency FTX hedge fund Ft Hedge fund Galois Capital says half its capital stuck on FTX exchange -FT

Galois Capital is the latest hedge fund caught off guard after close to half its assets were trapped on collapsed crypto exchange FTX, the Financial Times said on Saturday, estimating the amount to be around $100 million.

03.10 / 05:15

business Court Taxes Bankruptcy Ft Celsius founder reportedly withdrew $10M before bankruptcy filing: FT

Celsius Network founder and former CEO Alex Mashinsky allegedly withdrew $10 million from the crypto lending platform just weeks before the company froze customer funds and declared bankruptcy.

29.08 / 11:53

Ethereum ETH Lowe's Ft Ethereum: Yet another ETH 2.0 deposit contract HIGH ft. holders’ anti-selling narrative

The cryptocurrency market, especially Ethereum, continues to see red signals throughout the ecosystem. However, despite such cautionary signs, stakers & holders continue to build their Ethereum (Merge) castle.

16.08 / 02:51

UPS BTC CryptoQuant Bitcoin Ft A take on Bitcoin’s less volatile cycle ft. a potential price uptick

Bitcoin and volatility are two words that often go hand in hand. Volatility means that the price of an asset might change rapidly and unpredictably, especially, for the worse.

08.08 / 21:09

UPS Ethereum ETH Lowe's Ft ETH 2.0 deposit contract crosses the 13M mark ft. a bullish ETH twist

Ethereum‘s much-anticipated Merge continues to see bullish developments over the ETH 2.0 deposit contract. However, unlike on previous occasions, the main ‘OG’ token too has been creating a sense of belonging. Here’s the latest record sheet –

26.07 / 17:39

Ethereum ETH Ft Pre Merge track: ETH’s grim on-chain metrics ft. a surprising uptick

Following the broader market cues, the largest altcoin Ethereum had a good rally in July. However, the scenario seems to be changing for ETH now.

15.07 / 04:01

UPS FIVE Platform Ft Cardano’s new impressive developments ft. same old problem

Different speculations around the Cardano [ADA] Vasil hard fork have been circulating in the crypto space for the last month. Fair to say, the Cardano community has been buzzing with excitement. Nonetheless, ADA’s price failed to showcase the same enthusiasm despite a number of attempts to climb up the price charts.

19.05 / 21:33

UPS Waves Ft WAVES: How to make your investors angry ft. developers

The #71 biggest crypto by market cap, Waves [WAVES] made a splash earlier in the year due to its prices which took a deep-sea dive in April 2022. Have former troubles evaporated yet or will they come raining back down? These metrics had some insights to share.

16.05 / 13:37

proof-of-work FTX Lightning Network Bitcoin Fried Ft FTX's Bankman-Fried Accused of Misleading Public Over Bitcoin as FT Picks His Words 'Selectively'

Sam Bankman-Fried, CEO and founder of major crypto exchange FTX, and investor in Solana (SOL), was accused of misleading the public as he omitted important facts while bashing Bitcoin (BTC). The CEO claims that his quotes were chosen "very selectively" by a mainstream media outlet, known for skepticism towards Bitcoin and crypto.

16.05 / 11:39

Ethereum cryptocurrency Bitcoin Future network Ft FTX chief says Bitcoin isn't efficient or green enough to have a future as a payments network: FT

The founder of cryptocurrency exchange FTX has said that Bitcoin has no future as a payments network because of its inefficiency and high environmental costs, the Financial Times reported on Monday.

07.04 / 13:45

Facebook Reuters Digital Platform Ft Meta Plans to Introduce Virtual Tokens: FT

Meta is planning to introduce virtual tokens and cryptocurrencies, the Financial Times reported.

21.02 / 10:05

UPS Ft Boutique Boutique FT Partners sets new bar with $140,000 starting salary for junior bankers

A boutique investment bank run by a former Goldman Sachs banker has just upped the ante on junior pay as the battle for talent continues.

17.02 / 13:41

UPS Ft Boutique Boutique FT Partners sets new bar with $140,000 starting salary for junior bankers

A boutique investment bank run by a former Goldman Sachs banker has just upped the ante on junior pay as the battle for talent continues.

20.12 / 14:15

UPS Progressive crypto framework Framework Ft Benoît Cœuré: regulators likely to agree on crypto framework in 2022 – FT

Cœuré commented that the boom of decentralised finance (DeFi) throughout 2021 has been something of a “wake up call.” The new avenues and opportunities presented by DeFi create new forms of systemic risk that can no longer be ignored by regulators, he continued. “These [new] services will be competing with traditional finance, and money will flow in and out from one universe to another.

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