Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the latest bitcoin and crypto market crash The bitcoin price has this week crashed under $16,000, with some warning ...
How Crypto’s Collapse May Have Done the Economy a Favor
Most creditors listed in bankruptcy filings of crypto platforms Voyage Digital Holdings, Celsius Network and FTX Trading are customers or crypto-related companies—and not banks, highlighting the ...
After the collapse of FTX, Binance will become the Amazon of the crypto market
Buyers should beware as the ‘self-regulated’ organisation could become a feeding ground for ill-intentioned investors, says crypto consultant Carol Alexander ...
Crypto exchanges enabled online child sex-abuse profiteer
In the eight years he ran an online market selling images of violent child sexual abuse, Michael Mohammad made the equivalent of more than 100,000 euros. At his trial in May, while some of his victims listened,
Crypto Sentiment ‘As Bad As It Could Get’ After FTX (Audio)
Overnight on Wall Street is morning in Europe.Monitor your investments 24 hours a day, around the clock from around the globe. Hosted by Caroline Hepker and Roger Hearing.
New York Governor Hochul Signs Moratorium to Curb Crypto Mining
New York Governor Kathy Hochul has signed one of the most restrictive laws in the US on regulating cryptocurrency mining, becoming the first state to impose such a ban.Most Read from BloombergViolent Protests Erupt at Apple’s Main iPhone Plant in ChinaElizabeth Holmes Judge Proposes Texas Prison Camp,
Here’s where Sam Bankman-Fried spent some of his crypto fortune: Bahamas properties, donations to key Democrats, and sponsoring sports teams
Fried's net worth was $26 billion. Here is how he spent some of that money.
Bank of Japan to Run CBDC Experiments With Country’s Megabanks: Report
The Bank of Japan (BoJ) has planned experiments on a digital yen with three megabanks and regional banks in the country, Nikkei reported on Wednesday. Starting in the spring of 2023, the BoJ will work ...
BOJ to Conduct Digital Yen Trial With Japan’s 3 Megabanks, Others – Nikkei
The Bank of Japan will start a trial with an eye on launching a digital yen with Japan's three megabanks and regional banks next spring, the Nikkei newspaper reported. The central bank could decide in ...
Japan’s Mitsubishi UFJ to buy two Asia units of Home Credit for 600 million euros
JAPAN’S Mitsubishi UFJ Financial Group plans to buy the Philippines and Indonesian units of Dutch consumer finance company Home Credit Group BV for about 600 million euros (S$857.1 million), a person ...
Jim Chanos on Crypto, Tech and the Golden Age of Fraud
Earlier this year we talked to the legendary short seller Jim Chanos, during which he warned of more pain ahead for speculative areas of tech. That call proved to be prescient by a number of measures.
It’s going to ‘get worse’ for crypto before it gets better, NEXO co-founder says
Antoni Trenchev, MD and co-founder at Nexo, says it’s going “to get worse” for crypto before it gets better.
Tokyo Finance Standalone September 2022 Net Sales at Rs 0.18 crore, up 24.86% Y-o-Y
Reported Standalone quarterly numbers for Tokyo Finance are: Net Sales at Rs 0.18 crore in September 2022 up 24.86% from Rs. 0.14 crore in September 2021. Quarterly Net Profit at Rs. 0.06 crore in ...
FTX collapse: Sam Bankman-Fried’s crypto exchange run as ‘personal fiefdom,’ faces hacks, missing assets, say attorneys
In the highest-profile crypto blowup to date, FTX filed for protection in the United States after traders pulled $6 billion from the platform in three days and rival exchange Binance abandoned a rescu ...
FTX meltdown threatens to end ‘Wild West’ era for crypto
Japan’s Softbank is expecting to write down $100m. Other large investors include Sequoia, BlackRock, Tiger Global, Insight Partners and Paradigm. FTX founder Sam Bankman-Fried resigned as chief ...
FTX Collapse: Binance, Largest Crypto Exchange, Is Under Investigation
The bankruptcy of the FTX cryptocurrency exchange is pushing regulators to increase their scrutiny of the crypto space.