PayPal's crypto offering could be facing its last days if activist hedge fund Elliott Management has its say. The hedge fund recently took a stake in the beleaguered payments behemoth, according to ...
Crypto’s nightmare scenario is here
While Coinbase’s problems with the SEC have flared up just in the past week, they represent the exact scenario that has been keeping crypto executives up at night for far longer. In fact, Coinbase ...
Apple And Google Are Hosting Fake Crypto Apps Designed To ‘Defraud Investors,’ Senator Says
The chairman of the Senate Banking Committee, Sen. Sherrod Brown, has written letters to Tim Cook of Apple and Sundar Pichai of Google about the proliferation of fake crypto apps in their app stores.
Crypto Lender Voyager Ordered by US Regulators to Stop Misleading Customers
Crypto lender Voyager Digital has been ordered by U.S. banking regulators to stop making incorrect claims that the company was insured by the government. The Federal Reserve and Federal Deposit ...
Bitcoin rallies, Meta reports $2.8 billion metaverse loss, and what’s next for DeFi: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ...
Ethereum Leads Crypto Rally on Software-Upgrade Optimism
Cryptocurrencies rallied for a second day, with Ethereum-related tokens leading gains, as risk aversion eases and optimism grows about the long-anticipated software upgrade of the blockchain network.
El Salvador still has plans for a bitcoin bond even as the country sees a 50% loss on its crypto investment
El Salvador has snapped up 2,381 bitcoins since making it legal tender last year, but it has taken a significant loss, Bloomberg data shows.
Martin Shkreli’s Crypto Startup Under Investigation by Two Separate Attorneys General
Pharma Bro Martin Shkreli is under investigation by two attorneys general for his new company, Druglike, which he says isn't a pharmaceutical company.
Crypto market stands like Nasdaq in the early 2000s. Here’s why
Nasdaq in the early 2000s? The current crypto market “looks very much like Nasdaq in the early 2000s after the washout,” IDX’s McMillan said in a phone interview. During the ...
Crypto scams must be reined in, Senate Banking Committee says
At a Senate Banking Committee hearing, Democrats and Republicans agreed that rampant crypto scams must be dealt with.
Crypto trading, lending platforms should offer similar customer protections as stock exchanges, warns SEC chairman Gary Gensler
Crypto trading and lending platforms should offer similar customer protections as stock exchanges provide, according to SEC Chairman Gary Gensler.
Crypto ‘citizen’s arrests’ may continue until Congress wrangles ‘Wild West’
The SEC, DOJ and Treasury are all patrolling the digital asset space. The CFTC is calling for unity. And lawmakers’ vision for a cohesive strategy just took a summer vacation.
Startup valuations slashed, crypto projects failed and billions lost: The private markets are crying out for a universal infrastructure
By Serkan Ferah, Founder and CEO of PitchSpace Since 2020, we have been witnessing a paradigm shift in the relationship amongst startups, capital and investors – both on a professional and retail ...
Gov’t: US Bank workers opened fake accounts for sales goals
For more than a decade, US Bank pressured its employees to open fake accounts in their customers' names in order to meet unrealistic sales goals, the Consumer Financial Protection Bureau said Thursday ...
Apple and Google come under scrutiny for scammy crypto apps
In letters to Apple CEO Tim Cook and Google CEO Sundar Pichai on Thursday, Sen. Sherrod Brown (D-OH) asked that the companies explain their processes in reviewing and approving crypto trading and ...
The regulatory framework is shaping up well for crypto, says Binance CEO
Changpeng Zhao, Binance CEO, joins 'Squawk on the Street' to discuss why he believes the $20k level for Bitcoin has been defended so staunchly, what the catalyst is for the next move in Bitcoin and ...