Crypto exchange FTX saw around $6 billion of withdrawals in the 72 hours before Tuesday morning, according to a message to staff sent by its CEO Sam Bankman-Fried that was seen by Reuters.
Crypto Exchange Binance to Acquire Rival FTX Trading
Crypto exchange Binance signed a letter of intent to acquire rival FTX Trading, the companies said Tuesday. The move comes as FTX faces a liquidity crunch, Binance founder Changpeng Zhao noted on ...
How a dodgy crypto influencer got rich on YouTube and Twitter—while the platforms and the SEC failed to act
Wayne Kacheche believed in Dogecoin because Elon Musk did. The Tesla founder and billionaire kept talking up the popular meme token on Twitter, and in May 2021 even joked about Dogecoin during a ...
Bitcoin Falls Below $20,000 After Twitter Row Between Billionaire Crypto Executives Triggers Withdrawals From FTX
FTX CEO Sam Bankman-Fried insisted the exchange and its assets are safe while engaging in a war of words with fellow crypto executive and Binance CEO Changpeng Zhao.
What’s the Howie Test and Why Does It Matter In Crypto?
Determining what’s considered a security is essential in the digital asset market. Today we’ll be entering the extreme world of Amber Mozo, the daughter of legendary surf p ...
Morning Bid: Midterms vigil and new crypto wobble
FTX token , the native token of crypto exchange FTX, plunged 20% amid a range of reports and speculation that dragged the whole crypto complex lower and saw drop 5%. FTX has come under pressure after ...
Feds Seize Over $1 Billion in Crypto Originally Stolen from Dark Web Drug Marketplace Silk Road
A Georgia man hid more than 50,000 stolen bitcoin on a disconnected single-board computer in a popcorn tin in his bedroom closet.
How the midterm elections could impact the crypto industry
CNBC's Kate Rooney joins 'Squawk Box' to report what a shift in political leadership after the midterms could mean for the crypto industry.
Japanese Banking Giant’s Subsidiary To Launch Bitcoin, Crypto Trading In 2023: Report
Laser Digital, Nomura’s bitcoin and crypto focused unit, will reportedly launch an institutional trading platform by the first quarter of next year.
Japan’s foreign reserves fall again as Tokyo carries on dumping dollars and buying the yen
The value of the country's reserve assets dropped by $43.5 billion to $1.19 trillion at the end of October, according to Japanese Ministry of Finance data published Tuesday. It's the second month of ...
Inside BlackRock’s long journey toward crypto adoption
BlackRock's embrace of digital assets didn't happen overnight. Here's why it's been years in the making for the massive money manager.
Japan’s Nikkei ends at near 8-week high on tech boost
Japan's Nikkei share average ended at a near eight-week high on Tuesday, as investors scooped up chips and other technology stocks, with overnight Wall Street gains aiding sentiment.
Crypto Prices Fall Most in Two Weeks Amid FTT and Macro Risks
Bitcoin and Ether dropped to their lowest in two weeks on Tuesday, following a renewed slump in cryptocurrency exchange FTX’s token and amid broader caution ahead of US midterm elections and inflation ...
Roundup: Japan’s Nikkei ends at 2-month high, tech shares gain
Japan's benchmark Nikkei stock index closed at a near two-month high on Tuesday as semiconductor and other technology issues followed their U.S. peers higher overnight. The 225-issue Nikkei Stock ...
Japan’s Nikkei hits near eight-week high on tech boost
Japan's Nikkei share average hit a near eight-week high on Tuesday (Nov 8), as investors scooped up chips and other technology stocks, with overnight Wall Street gains aiding sentiment.The Nikkei had ...
Japan’s Finance Ministry: Cabinet approves 2nd extra budget worth 29.1 trln Japanese Yen
The additional budget is worth 29.1 trillion Japanese Yen (JPY), the MOF reports. Japanese Finance Minister Shunichi Suzuki said that they “will quickly prepare to present an extra budget with ...