Bitcoin hovers near 13-month high as investors cheer Ripple ruling
By Tom Westbrook, Rae Wee and Hannah Lang SINGAPORE/WASHINGTON (Reuters) – Bitcoin was hovering near its highest so far this year on Friday after crypto investors took encouragement from a…
Founder of crypto lender Celsius Network arrested, charged with fraud
By Niket Nishant, Hannah Lang and Elizabeth Howcroft (Reuters) – Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a…
FTX seeks to claw back over $240 million from Embed acquisition
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt crypto exchange FTX is seeking to claw back more than $240 million it paid for stock trading platform Embed, saying former FTX…
Silvergate’s deepening crisis jolts crypto stocks
By Manya Saini (Reuters) – Shares of Silvergate Capital Corp fell as much as 11% on Monday after the bank suspended its crypto payments network and expressed doubts over the…
The many companies in Digital Currency Group’s crypto empire
By Elizabeth Howcroft and Hannah Lang (Reuters) – U.S. crypto company Digital Currency Group (DCG) is at the center of the industry’s latest meltdown after one of its companies, Genesis,…
Cryptoverse: Bitcoin digs in for a bumpy new year
By Lisa Pauline Mattackal (Reuters) – Bitcoin is looking steady in 2023. But it’s only been a week. Cryptocurrencies have crept into the new year, licking their wounds after the…
Bahamas regulator sticks to estimate of FTX assets
By Kanjyik Ghosh (Reuters) – The Securities Commission of the Bahamas (SCB) rebuffed on Monday FTX‘s claims about the digital assets of its Bahamas unit held by the regulator, saying…
FTX Japan to return assets to clients from February
By Junko Fujita TOKYO (Reuters) – The Japanese unit of failed cryptocurrency exchange FTX said on Friday it would return its customer assets from February. FTX Japan is developing a…
FTX customers file class action to lay claim to dwindling assets
By Tom Hals and Dietrich Knauth (Reuters) – FTX customers filed a class action lawsuit against the failed crypto exchange and its former top executives including Sam Bankman-Fried on Tuesday,…
Crypto exchange Kraken to stop operations in Japan
By Rhea Binoy (Reuters) – U.S.-based crypto exchange Kraken said on Wednesday it would cease its operations in Japan next month, citing the current market conditions in the country and…