Here’s how to make sense of the industry-shaking Binance-FTX deal. Story Published at: November 9, 2022 at 07:58PM Continue Reading…
Is This Crypto’s Lehman Moment?
Fall of a Crypto Titan Puts an Industry on Edge
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. Story Published at: November 9, 2022 at 07:44PM Continue Reading…
Binance to Buy FTX in Megadeal of Crypto Exchanges
Binance, the world’s largest cryptocurrency exchange, said it reached a deal to buy one of its biggest rivals, FTX, amid fears that the crypto industry could be entering another meltdown. Story Published at: November 8, 2022 at 04:42PM Continue Reading…
British Soccer, Brought to You by American Crypto Optimism
A group of American cryptocurrency investors is trying to turn an obscure English soccer club into “the internet’s team,” with a global following of crypto enthusiasts. Story Published at: November 6, 2022 at 10:00AM Continue Reading…
For Many, Elon Musk’s Buying Twitter Is a Moment of Celebration
The way forward for Twitter is uncertain. But that means Mr. Musk can innovate and change the platform for the better, his supporters say. Story Published at: October 28, 2022 at 06:00PM Continue Reading…
In a Record, Crypto Exchange Is Fined $24 Million for Breaking U.S. Sanctions
Bittrex allowed customers in Cuba, Iran, Sudan, Syria and the Crimea region of Ukraine to trade virtual currencies, according to the Treasury Department. Story Published at: October 11, 2022 at 04:01PM Continue Reading…
Binance Blockchain Hit by $570 Million Hack, Exposing Crypto Vulnerabilities
The world’s biggest cryptocurrency exchange confirmed that assets were stolen from the Binance Smart Chain network, the latest in a series of attacks on so-called cross-chain bridges. Story Published at: October 7, 2022 at 05:40PM Continue Reading…
Crypto Needs More Rules and Better Enforcement, Regulators Warn
The Financial Stability Oversight Council said that the growing crypto market could pose risks to the broader financial system. Story Published at: October 3, 2022 at 09:34PM Continue Reading…
The Crypto World Is on Edge After a String of Hacks
More than $2 billion in digital currency has been stolen in hacks this year, shaking faith in the experimental field of decentralized finance known as DeFi. Story Published at: September 28, 2022 at 10:00AM Continue Reading…
On Portugal’s ‘Bitcoin Beach,’ Crypto Optimism Still Reigns
In crypto havens such as Meia Praia beach, the confidence in digital currencies remains undimmed even after this summer’s crash. Story Published at: September 28, 2022 at 08:00AM Continue Reading…