Page 9 - Cryptocurrency

Crypto.com mistakenly sends Ethereum worth $400 mn to another exchange

The Crypto.com CEO said the transfers that generated so much speculation on Twitter "were made over three weeks ago, on October 21 to Crypto.com's whitelisted corporate account at Gate.io."

Binance-FTX saga deepens crypto investors' fears, Bitcoin near two-year low

With the fall deepening, experts said that the markets may not reach the November 2021 level anytime soon

What's happening at bankrupt crypto exchange FTX? All you need to know

FTX had valued its assets between USD 10 billion to USD 50 billion, and listed more than 130 affiliated companies around the world, according to its bankruptcy filing.

Crypto exchange FTX's collapse being scrutinised by Bahamas authorities

FTX filed for bankruptcy on Friday, one of the highest profile crypto blowups, after traders rushed to withdraw $6 billion from the platform in just 72 hours

I hope to attract a bunch of interns from IIT-Bombay: Binance's Rohit Wad

Binance's Chief Technology Officer Rohit Wad talks to with Shivani Shinde about hiring more interns from India, making crypto easy to use and ensuring regulatory compliance

Despite regulatory uncertainties, investors betting big on Web3 startups

Money is pouring into a sector that is still evolving, despite regulatory uncertainties

Collapsed FTX hit by rogue transactions, analysts saw over $600 mn outflows

By Summer Zhen, Vidya Ranganathan and Elizabeth Howcroft

Crypto exchange FTX says investigating 'unauthorised transactions'

FTX filed for U.S. bankruptcy protection on Friday and founder Sam Bankman-Fried resigned as chief executive

White House monitoring FTX collapse, calls for crypto industry regulation

The collapse this week of FTX dealt another blow to the cryptocurrency industry, which has seen severe volatility and bankruptcies of other high-profile firms, including Celsius Network Ltd

Crypto's most urgent question: Where will FTX's aftershock be felt?

From blue-chip venture investors to celebrity endorsements, from Silicon Valley to Washington, from lenders to yield farmers and market makers, the three-year-old firm cut a wide swath through online

How Sam Bankman-Fried fooled the crypto world and maybe even himself

The scandal has shocked the crypto players who giddily celebrated Bankman-Fried as the J.P. Morgan of their times and left them grasping for parallels

Sam Bankman-Fried: 'Crypto genius' who lost $14.5 billion in a single day

Bankman-Fried vanished from the Bloomberg Billionaires Index after his net worth just vaporised, falling 94% in a single day

FTX to start US bankruptcy proceedings, CEO Sam Bankman-Fried to exit

Firm says it will begin process to review and monetise assets for stakeholders

Binance backs out of rescue deal, FTX.com on brink of collapse

On a call before Binance pulled an about-face and bailed on its takeover offer, Bankman-Fried informed investors his crypto exchange faced a shortfall of up to $8 billion

US authorities probe crypto exchange FTX for potential violations: Report

FTX had agreed earlier this week to sell itself to bigger rival Binance after experiencing the cryptocurrency equivalent of a bank run.

Crypto exchange Coinbase to lay off more employees amid FTX saga: Report

The layoffs were announced internally and the company is likely to sack around 60 employees in its recruiting and institutional onboarding teams, reports The Information.

Crypto wrap: Amid a volatile week, experts want regulators to collaborate

On Friday, the crypto market cap was above $871 billion with Bitcoin trading at $17,301 and Ethereum at $1,271

Need high regulatory standard globally to deal with crypto risks: Yellen

International collaboration is really important among public authorities, private sector and other stakeholders, she added

Amid Binance-FTX deal fallout, calls for 'proof of reserve' grow louder

Binance CEO Changpeng Zhao recently announced that the largest crypto exchange in the world will start Merkle-tree proof of reserve soon

How Binance, FTX deal rocked the Crypto world and later collapsed

On Tuesday, the world's biggest exchange, Binance Holdings Ltd., was set to acquire troubled rival FTX.com. On Wednesday, Binance walked away from the deal citing problems with FTX's finances