The New York couple behind El Salvador’s Bitcoin Experiment
Bitcoin enthusiast and former Russian state TV hosts advise the government of El Salvator and have extensive crypto investments in the country.
How Bitcoin is benefiting from the banking crisis
The crypto winter that battered Bitcoin prices appears to be thawing as the U.S. banking crisis roils investors and calls into question the Federal Reserve's rate hike strategy.
Credit Suisse and banking crisis, Fed meeting, Nike earnings top week ahead
The future of First Republic Bank and Credit Suisse will dominate the headlines in the coming week ahead of the Federal Reserve's decision on interest rates.
FTX transferred $2.2B to Sam Bankman-Fried, new management says
Sam Bankman-Fried reportedly had received more than $2 billion from FTX entities, according to court filings made by the new management of the cryptocurrency exchange.
Bitcoin spikes amid Silicon Valley Bank collapse
Cryptocurrency got a boost of $70 billion and topped $1 trillion on Monday amid the downfall of Silicon Valley Bank, with Bitcoin alone spiking 10%.
Crypto firm Circle has $3.3B exposure to Silicon Valley Bank
The cryptocurrency firm Circle says that $3.3 billion of its $40 billion USD Coin reserves are held by Silicon Valley Bank, a lender that was shutdown on Friday.
U.S. crypto exchanges could face possible class-action lawsuit
Securities lawyer Tom Grady, known as one of the nation’s leading investment fraud attorneys, is preparing for potential litigation against the nation’s biggest crypto exchanges
Bitcoin slides on Silvergate fallout
The price of bitcoin is down on Thursday after another cryptocurrency exchange, Silvergate Capital, prepares to liquidate following a $1B quarterly loss and dip in digital asset demand.
White House watching Silvergate in crypto fallout
White House press secretary Karine Jean-Pierre said in her Monday briefing the Biden Administration has its eyes on Silvergate after the California crypto bank delayed its annual report and announced the shuttering of its exchange network last week.
Bitcoin hits two week low, Silvergate unravels
Bitcoin’s price on Friday at one point marked a two-week low for the cryptocurrency, with it later selling at roughly $22,300 in the afternoon.
FTX fallout hits Silvergate, bitcoin
Silvergate has delayed its annual report with the Securities and Exchange Commission after reporting a $1 billion loss for fourth quarter and is now concerned about ability to operate.
IMF against making crypto legal tender, issues action plan
The International Monetary Fund has made recommendations on how countries should handle crypto assets.
Bitcoin hits six-month high
Bitcoin, a digital asset and cryptocurrency, has risen to a six-month high as investors gravitate back to more riskier assets.
Crypto exchange settles with SEC over 'staking'
The settlement with Kraken and one of its business practices could spell headaches for other platforms with similar services.
The unusual crew behind Tether, crypto’s pre-eminent stablecoin
Tether is a stablecoin traded more frequently than bitcoin which is redeemable for US Dollars, however like a bank, the cryptocurrency is not immune from a run.
Why America should ban crypto
Charlie Munger, Vice Chairman of Berkshire Hathaway, compares cryptocurrencies to gambling, and advises the US to follow England's solution to the South Sea Bubble of 1720.
Cryptoverse: Big investors edge back to bitcoin
Bitcoin investors might finally be returning to cryptocurrency after the FTX collapse caused a crypto winter that saw the cryptocurrency industry take heavy losses.
Bitcoin world's most hated cryptocurrency
Bitcoin’s recent beatdown didn’t do the cryptocurrency any favors among global investors, but it did give rivals Ethereum and Solana a boost, according to a new survey.
Coinbase halting operations in Japan a week after laying off hundreds of employees
Coinbase will stop its operations in Japan due to market conditions after announcing the company would layoff 950 employees to reduce operating expenses.
Brutal year for bitcoin and almost $3B in crypto hacks marked 2022: report
Bitcoin is up over 25% in the past two weeks after dropping 64% in 2022, though questions remain about whether the virtual currency can find long-term support at those levels.