FTX files for court relief to pay vendors, begins review of assets
FTX filed Saturday morning for court relief in order to pay claims for its critical vendors. The cryptocurrency exchange is also beginning a review of its assets.
Crypto lender Genesis had sought emergency loan of $1 Billion
Crypto lender Genesis sought $1 billion in emergency loan to fend off a bank run, caused by FTX collapse, before suspending redemptions and loan issuance.
Who’s really to blame for FTX crypto collapse?
Who’s really to blame for FTX crypto collapse? Venture capitalists, investors and poor regulation share blame, while crypto problems drive investors to Bitcoin.
FTX-driven crypto chaos exposes weaknesses but not another 2000 dot-com debacle
The bankruptcy of FTX is not expected to trigger another year 2000-type dot-com meltdown but instead expose weaknesses in the business models of cryptocurrency exchanges.
Binance stops accepting FTX's token for deposit, CEO says
The CEO of Binance has announced his crypto exchange will no longer accept tokens from FTX for deposit.
White House says more crypto regulation needed to avoid 'harming' Americans
White House press secretary Karine Jean-Pierres said Thursday that more oversight of cryptocurrencies is needed in order to protect Americans from potential collapses.
FTX founder Sam Bankman-Fried's crypto collapse apology
FTX is crumbling and founder Sam Bankman-Fried is in crisis mode as he seeks a lifeline. China's Binance backed out of acquiring the company Wednesday.
Cryptocurrencies stabilize after FTX deal turmoil
Cryptocurrencies traded higher Thursday morning, stemming this week's declines following the collapse of a deal involving FTX.
Bitcoin wants to break its bond with stocks
The cryptocurrency Bitcoin is looking to distance itself from tech stocks like Meta and Amazon which it has seen a strong correlation with in the past.
Crypto broker NYDIG cuts one-third of staff in new focus
NYDIG laid off a third of its workforce last month resulting in the loss of about 110 jobs at the bitcoin trading and banking firm.
Calendar of former official provides insight into SEC regulatory intent, Satoshi stumble
Hinman was at the center of the agency’s crypto regulation efforts under former SEC Chairman Jay Clayton
Elon Musk $258B Dogecoin lawsuit adds plaintiffs
An amended complaint says billionaire Tesla CEO Elon Musk and his companies allegedly drove up the value of Dogecoin in a pyramid scheme.
Washington DC attorney general suing ex-MicroStrategy CEO Michael Saylor for alleged tax fraud
Washington, D.C.'s attorney general has filed a lawsuit against billionaire Michael Saylor and his former company MicroStrategy for tax fraud.
Cryptocurrency fraud prevention: House panel calls on regulators to explain how they're protecting consumers
Regulators are being asked by a House oversight committee to respond with what is being done to prevent people from being taken in cryptocurrency scams.
Gary Gensler's gross SEC overreach
Lawyer John Deaton, amici curiae in the landmark SEC vs. Ripple case weighs in on Gary Gensler's ruling iron fist when it comes to cryptocurrency regulation.
BlackRock launches spot Bitcoin private trust
The move comes as the world's largest asset manager has seen "substantial interest" from some institutional clients despite the digital asset market's recent downturn.
Coinbase reports loss amid crypto turmoil, shares fall
Coinbase shares fell in after-hours trading after the crypto exchange reported a loss for the second quarter. The company expects trading volumes in the current quarter to fall further.
Bitcoin’s price dip provides a ‘good accumulation point’ at a low expense: Crypto host
Coin Stories podcast host Natalie Brunell provides analysis of the cryptocurrency market as skepticism surrounding its long-term investment risks grows.
Ex-Coinbase manager charged in crypto insider trading case
A former product manager at Coinbase Global, Ishan Wahi, and two others were charged Thursday in Manhattan with wire fraud in the first insider trading case involving cryptocurrency.
Cryptocurrency lender Celsius Network files for bankruptcy as prices crash
The cryptocurrency lender Celsius said it will begin bankruptcy proceedings in Manhattan federal court as the prices of Bitcoin and other cryptocurrencies have taken a nosedive.