Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
New Twitter owner Elon Musk recently sent his first company-wide email to staff, halting remote work culture.
Following the recent liquidity crisis, SEC and the CFTC have launched an investigation into the operations of FTX US and understanding its relationship with its international entity FTX.com.
The US arm of troubled company FTX is closing trading activities soon but still permits customers to make withdrawals.
American multinational technology company, Amazon is reportedly undergoing a comprehensive review of its business units in an effort to identify areas it needs to prune workers from.
As FTX tries to survive a difficult time, CEO Sam Bankman-Fried is seeking to raise a rescue package of up to $9.4 million to help the situation.
As the inflation data showed some relief, innovation stocks rallied hard pushing up the ARKK Innovation ETF to its biggest single-day gains.
Tron and Tron-based tokens have surged between 500% and 4000% on the FTX exchange as the exchange pursues alternative options to get out of its liquidity crunch.
Leading exchange Binance recently announced that users can now make payments for crypto using a debit/credit card.
As inflation data cooled down the markets reacted with a very strong rally. Ath the same time, the Treasury Yields also plunged.
The data has sent a positive signal to investors that inflation in the US has peaked, a good development for the broader economy.
The options left for FTX and Alameda Research are notably streamlined at this time. The expectation that the company’s assets outside of its US subsidiary will be acquired by Binance exchange fell apart as Binance pulled out of the deal.
Amid the FTX crisis, Genesis Trading said that its management is working to effectively handle the company’s lending book and credit exposure.
NFL legend Tom Brady, and his former wife, are among several household names to lose sizable stakes following the recent FTX collapse.
While no particular country has gotten a perfect check when it comes to the evolution of digital currencies, some nations are arguably more advanced in terms of the regulation governing the industry than others.
Amid the ongoing FTX financial crisis, Sequoia Capital has marked its $210 million investment with the exchange down to zero.