Digital Money

Crypto Lending Teeters On Brink Of Extinction After Genesis Collapse
January 23, 2023 924 860

The bankruptcy of crypto’s marquee lender, Genesis Global Capital, may be one more blow than the industry can withstand, at least in its current ... Read more To Cut 20% Jobs As Industry Rout Deepens After FTX Collapse
January 13, 2023 1315 1225 said on Friday it would be reducing about 20 per cent of its workforce, as cryptocurrency exchanges face industry-wide challenges brough... Read more

Crypto Crime Hits Record $26.6 Billion In 2022, Report Says
January 13, 2023 956 899

Illicit use of cryptocurrencies hit a record US$20.1 billion (S$26.6 billion) last year as transactions involving companies targeted by US sanction... Read more

‘I Didn’t Steal Funds And Stash Billions Away’ – FTX Chief Sam Bankman-Fried
January 13, 2023 929 874

The disgraced founder of bankrupt crypto exchange FTX said he ‘didn’t steal funds’ and appeared to blame the boss of a rival company for its ... Read more

Crypto Lender Nexo Raided By Authorities In Bulgaria
January 13, 2023 682 649

Authorities in Bulgaria are probing crypto lender Nexo on the accusation of laundering money, tax fraud, unregistered banking, and online scams. Ac... Read more

Australia Becomes Crypto ATM Hub, Overtakes El Salvador
January 3, 2023 1201 1134

Australia has overtaken El Salvador to become the fourth-largest ATM hub. Australia recorded a total of 216 crypto ATM installations going into 202... Read more

Bitcoin, Ethereum Starts 2023 Flat As Analysts Hold Bullish Views For The Year
January 3, 2023 899 856

The top two digital assets, Bitcoin and Ethereum, started 2023 essentially unchanged as the crypto space tries to recover from the record-high bear... Read more

Ethereum Price Faces Hurdles, Why ETH Is Vulnerable Below $1,250
January 2, 2023 784 726

Ethereum price attempted an upside break above the $1,210 zone. ETH faced resistance below $1,220 and remained in a bearish zone, similar to bitcoi... Read more

Bitcoin Projections Fail As It Ends Down 60% In 2022
January 2, 2023 699 648

A year ago, crypto analysts, riding high from the successes of 2021, had big hopes for Bitcoin, with some of them seeing the token hitting $100,000... Read more

Crypto Twitter Reacts To Bitcoin Core Developer Losing Over 200 BTC
January 2, 2023 661 610

Bitcoin core developer Luke Dashjr on Monday said his PGP key was compromised, resulting in the theft of over 200 Bitcoin worth about $3.5 million.... Read more

Bahamas Watchdog Seizes $3.5bn Of FTX Crypto Assets
January 2, 2023 586 549

The Securities Commission of The Bahamas said it seized more than $3.5 billion worth of digital assets from collapsed crypto exchange FTX's Bahamia... Read more

FTX Japan Will Begin Customer Refunds In February 2023
December 31, 2022 661 626

In a statement released Thursday, FTX Japan confirmed plans to begin returning customer assets by February next year.Customers looking to withdraw ... Read more

FTX Founder SBankman-Fried Agrees To Extradition To The US
December 21, 2022 1174 1089

When the Bahamas Attorney General's office announced that it had arrested former FTX CEO Sam Bankman-Fried, it noted that the former FTX CEO was li... Read more

Bitcoin Price Crashes To 2020 Level As Crypto Battering Continues
December 19, 2022 1176 1113

Bitcoin fell alongside equity markets on Monday, dipping below $17,000 (£20,774) to prices not seen since October 2020.Bitcoin (BTC-USD) fell 2.1%... Read more

Customers Withdraw $1.9bn In 24 Hours From Crypto Exchange Binance
December 14, 2022 1284 1207

Binance has seen withdrawals of $1.9bn (€1.79bn) in the space of 24 hours, blockchain data firm Nansen said on Tuesday, as the world's biggest cr... Read more

China Cracks Down Criminal Group Accused Of Laundering $1.7 Billion Using Crypto
December 12, 2022 1229 1170

Money laundering has been a significant part of crypto crimes, keeping regulators and watchdogs under constant stress. In a recent revelation, Chin... Read more

Ethereum Price Bulls Hold Strong, Indicators Suggest Fresh Rally To $1,400
December 9, 2022 1250 1174

Ethereum price extended its decline below the $1,250 level. ETH even moved below the $1,240 support level and the 100 hourly simple moving average,... Read more

FTC Launches Formal Investigation Into Crypto Firms
December 6, 2022 1189 1135

A U.S. government body that looks into complaints of dishonest behavior acknowledged that it was looking into multiple cryptocurrency companies for... Read more

Australian Cryptocurrency Firm Swyftx Fires 90 Staff Amid Fallout From FTX Collapse
December 6, 2022 1026 970

Australian cryptocurrency exchange Swyftx has fired 35 per cent of its staff saying they are preparing for a long 'crypto winter' as the industry r... Read more

Reserve Bank Of India Launches Country’s First Retail CBDC Pilot
December 4, 2022 1094 1043

The Reserve Bank of India (RBI) has kickstarted the first pilot for its central bank digital currency (CBDC), the e–rupee.The pilot began on Dece... Read more

Crypto Lender BlockFi Files For Bankruptcy, Cites FTX Exposure
November 29, 2022 1627 1530

Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest crypto casualty after the firm was hurt... Read more

FTX Remains Focus Of 'Active' Investigation, Bahamas Attorney General Says
November 28, 2022 1405 1337

Collapsed cryptocurrency exchange FTX remains the subject of "an active and ongoing investigation" by Bahamian authorities, Bahamian Attorney Gener... Read more

DOGE Spikes As Elon Musk Considers Making An ‘Alternative Phone’
November 26, 2022 1557 1481

Dogecoin surges again as the community speculates on a possible Dogecoin integration if Elon Musk launches a smartphone.Dogecoin saw a 6.7% surge i... Read more

Bitcoin Price Struggles To Rebound As Binance Launches $1 Billion Recovery Fund
November 26, 2022 1413 1352

Bitcoin (BTC) price is trading in the red Friday despite Binance's efforts to calm markets down after the spectacular collapse of the U.S.-based cr... Read more

Binance CEO Changpeng Zhao Says Don’t Fight Crypto, Regulate It
November 26, 2022 1237 1188

Binance chief executive officer Changpeng Zhao said on Friday regulation rather than opposition of the crypto sector is a better option for world g... Read more

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