Blockchain analytics firm Nansen and regulatory filings suggest that the seeds of FTX's disaster were sown when TerraUSD collapsed months earlier.
Failing crypto could be a win for the environment
It's been a turbulent year for cryptocurrency. Crypto giant FTX is just the latest in a slew of bankruptcies, collapsing spectacularly after a run on the company and a mad scramble to recover customer ...
Japan’s Nikkei ends at 2-month low as BOJ move sends yen higher amid economic woes
Japan's benchmark Nikkei stocks index closed at a two-month low on Wednesday, following the new policy move of the Bank of Japan (BOJ) sending the yen higher against the U.S. dollar and underscoring ...
UPDATE 2-Japan government bond yields jump, stocks fall after BOJ’s policy surprise
Japan's Nikkei share average regained most of its early losses on Wednesday and the 10-year government bond yield jumped, after the Bank of Japan's surprise shift in its yield curve control policy ...
2022 was the year of crypto’s climate reckoning
Even though much of 2022 was a hellscape for the crypto industry, somehow, this year managed to mark a turning point for one of its most notorious issues: pollution. Lawmakers are cracking down on ...
Is crypto dead? Experts weigh in
A look back at cryptocurrency biggest news in 2022 including BlockFi, Bitcoin plunge, FTX, Sam Bankman-Fried arrest.
‘Mark My Words’—Surprise Crisis Prediction Sends Shockwaves Through Crypto Markets As The Price Of Bitcoin And Ethereum Swing Wildly
The governor of India's central bank has warned the highly-volatile crypto market will cause the world's next financial ...
The Download: worst tech of 2022, and crypto’s future
We're back with our latest list of the worst technologies of the year. Think of these as anti-breakthroughs, the sort of mishaps, misuses, miscues, and bad ideas that lead to technology failure. One ...
Who Lost the Least? Top Performing Crypto Assets of 2022
Bitcoin’s heavy price depreciation over the year was reflective of a general trend. Still, a few tokens weathered the industry storm well.
Mooners & Shakers: Visa eyes auto-payments of bills through crypto wallets; market ticks up
While the trad markets are in a tizz about a shock policy shift from the Bank of Japan, crypto assets quietly ticked up a fraction or two overnight.
Inside Tether, Crypto’s (So Far) Unbreakable Buck
Amid crypto’s existential crisis, its largest liquidity provider, Tether, has withstood multiple multi-billion dollar redemption runs. Will competition from rival stablecoins like USDC and regulatory ...
Crypto will ignite the next financial crisis if it’s not banned — just look at the FTX fiasco, India’s central bank boss says
"Mark my words, the next financial crisis will come from private cryptocurrencies," top G20 central banker Shaktikanta Das said Wednesday.
Crypto Giant Binance Offers Little Transparency After FTX Collapse
The exchange’s outsize role and complex setup had already drawn scrutiny from the Justice Department and the SEC.
What’s in Elizabeth Warren’s new crypto bill?
When Warren eventually took her seat at the hearing, her remarks were not about FTX, but instead the focus of her bill: the ways that crypto facilitates global crime. “Crypto has become the preferred ...
Tesla stock fall sinks crypto token dogecoin
Dogecoin's price plummeted on Wednesday, its value closely aligned with the fate of Tesla boss Elon Musk. Throughout November, dogecoin exhibited a price pump after Musk acquired ...
Japanese bonds sustain fresh blow in test of central bank’s low-rate resolve
Japanese government bond prices have lurched lower for the second straight day as markets forcefully challenged the central bank’s assertion that it was not planning to raise interest rates. Yields on ...