Tag: bitcoin

Shares in the Asia-Pacific are poised to fall Thursday ahead of U.S. CPI data and a day after U.S. midterm results.

But within the crypto world, it is already being referred to as the industry’s “Lehman moment” — a reference to the 2008 collapse of Lehman Brothers, which set off a global financial panic and made it ...

The rapid collapse of the cryptocurrency exchange built by the billionaire Sam Bankman-Fried suggests that no company in the freewheeling, loosely regulated crypto industry is safe.

Fried, the crypto entrepreneur known for providing a financial lifeline to struggling firms in the industry, is now in need of a bailout himself.

Sam Bankman-Fried was angling to be a major player in Washington. Now his firm and his reputation are in tatters, and even crypto’s D.C. allies are asking questions.

We’ll send you a myFT Daily Digest email rounding up the latest FTX Trading Ltd news every morning. Binance will abandon its deal to rescue Sam Bankman-Fried’s FTX cryptocurrency exchange, citing ...

The legendary investor is not surprised by the recent crash in the cryptocurrency market.Investor Michael Burry has built his reputation by being skeptical of financial assets and products that arouse ...

We have seen over the last several years that the crypto ecosystem is becoming more resilient and we believe in time that outliers that misuse user funds will be weeded out by the free market. As ...

Binance, the world's largest crypto exchange, said it is dropping its offer to buy rival FTX after a review of the company turned up serious problems.

Bank of Japan policy may become the most crucial element in deciding the nation’s creditworthiness, S&P Global Ratings said, suggesting the central bank’s action has the potential to trigger its first ...

By Godwin Oritse with agency report FOLLOWING its heavy financial commitment to Climate Change finance, Japan yesterday took the lead amongst other countries to clinch the ...

Governor Kathy Hochul faces an end-of-the-year deadline to sign or veto a crypto mining moratorium. Climate and clean energy goals hang in the balance.

Bitcoin fell to $17,000 for the first time since November 2020, while Coinbase stock fell more than 20% since Monday.

On Tuesday, the world’s largest crypto exchange Binance announced it signed a non-binding letter of intent to acquire one of its biggest rivals: FTX, headed by Sam Bankman-Fried. The man called ...

Fried's crypto exchange FTX attracts scrutiny from U.S. regulators for its handling of customer funds, liquidity troubles ...

FTX’s crisis is a reminder of what is right about traditional finance.