Wyre winding down as crypto winter bites
(Reuters) – Cryptocurrency infrastructure provider Wyre is winding down, feeling the pinch of dwindling interest in a market that was once hailed as the next …
Crypto
BlackRock files for bitcoin ETF in push into crypto
(Reuters) -BlackRock, the world’s biggest asset manager, on Thursday filed for a bitcoin exchange-traded fund (ETF) that would allow investors to get exposure to the …
US charges two Russians in hack of Mt. Gox crypto exchange
By Raphael Satter WASHINGTON (Reuters) -The United States has charged two Russian nationals in the hack of collapsed cryptocurrency exchange Mt. Gox, one of the …
SEC Sues World’s Largest Crypto Exchange
SEC Sues World’s Largest Crypto Exchange Jason Cohen on June 5, 2023 The Securities and Exchange Commission (SEC) filed 13 charges Monday against the world’s …
US DOJ to crackdown on crypto exchanges, NCET director says – FT
(Reuters) – The U.S. cryptocurrency enforcement tsar has said that the country was stepping up scrutiny of crypto exchanges to target illicit behavior on the …
SEC looks down on UpToken, imposes crypto fines
By Jonathan Stempel (Reuters) – The U.S. Securities and Exchange Commission has fined Seattle-based Coinme and related defendants nearly $4 million for conducting an unregistered …
Mastercard seeks to expand crypto card tie-ups
By Elizabeth Howcroft LONDON (Reuters) – Mastercard will expand its cryptocurrency payment card programme by seeking more partnerships with crypto firms, the company’s head of …
Hong Kong woos mainland China crypto firms in push to bolster finance hub status
By Josh Ye HONG KONG (Reuters) – After years of bankers quitting Hong Kong amid a China security crackdown and tight COVID curbs, the city …
Executives At Signature Bank Dumped $100 Million In Stock During Crypto Uptick
Executives At Signature Bank Dumped $100 Million In Stock During Crypto Uptick Jason Cohen on April 4, 2023 When recently-failed Signature Bank began to prioritize …
Crypto exchange Binance expands in Argentina
By Anna-Catherine Brigida BUENOS AIRES (Reuters) – Crypto exchange Binance, which has been sued by U.S. regulators, said on Tuesday it is expanding services in …
Former Crypto CEO And Major Dem Donor Charged With Attempting To Bribe Chinese Gov’t Officials
Former Crypto CEO And Major Dem Donor Charged With Attempting To Bribe Chinese Gov’t Officials Jason Cohen on March 28, 2023 Federal prosecutors in Manhattan …
World’s Largest Crypto Exchange Sued By US Regulators
World’s Largest Crypto Exchange Sued By US Regulators Jason Cohen on March 27, 2023 The Commodity Futures Trading Commission (CFTC) sued Binance, the world’s largest …
Australia regulator seeks risk reports from banks on startups, crypto -report
SYDNEY (Reuters) – Australia’s prudential regulator has started asking the country’s banks to declare their exposure to startups and crypto-focused ventures following the collapse of …
Standard Chartered-owned crypto custodian registers with Luxembourg regulator
By Elizabeth Howcroft LONDON (Reuters) – Zodia Custody, a crypto custodian owned by Standard Chartered, said on Friday it has registered its Irish unit with …
Crypto lender Silvergate’s descent into voluntary liquidation
(Reuters) – Crypto-focused bank Silvergate Capital Corp became the latest casualty of a meltdown in the industry after announcing plans to wind down operations and …
JPMorgan ending banking relationship with crypto exchange Gemini – source
By Niket Nishant (Reuters) – JPMorgan Chase & Co is cutting ties with Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, according to …
Crypto lender Voyager’s customers vote in favor of bankruptcy plan
(Reuters) – Customers of Voyager Digital voted in favor of the crypto lender’s Chapter 11 bankruptcy plan, the company said in a tweet on Tuesday. …
Trade group argues U.S. SEC case unfairly labels crypto as securities
By Hannah Lang (Reuters) – Cryptocurrency trade association Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S. …
EU calls for fast-track crypto capital rules for banks
By Huw Jones LONDON (Reuters) – Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union’s pending banking law if Europe …
Charlie Munger downplays risk of Taiwan invasion, says crypto fans are ‘idiots’
By Jonathan Stempel (Reuters) – Charlie Munger, the longtime business partner of Warren Buffett at Berkshire Hathaway Inc, on Wednesday said China remains a top …
Crypto exchange Kraken under scrutiny for sale of unregistered securities- Bloomberg
(Reuters) – Cryptocurrency exchange Kraken is under investigation by the U.S. Securities and Exchange Commission for the sale of unregistered securities, according to a Bloomberg …
Bankrupt Crypto Exchange Demands Politicians Return Donations From Alleged Fraudster Sam Bankman-Fried
Bankrupt Crypto Exchange Demands Politicians Return Donations From Alleged Fraudster Sam Bankman-Fried Nino Cambria on February 6, 2023 Bankrupt cryptocurrency exchange company FTX is requesting …
Exclusive-Record-breaking 2022 for North Korea crypto theft – UN report
By Michelle Nichols UNITED NATIONS (Reuters) – North Korea stole more cryptocurrency assets in 2022 than in any other year and targeted the networks of …
Alleged Perpetrator Of $100 Million Crypto Market Manipulation Scheme To Make Initial Appearance In The Southern District Of New York
Damian Williams, the United States Attorney for the Southern District of New York, Kenneth A. Polite, Jr., the Assistant Attorney General of the Justice Department’s …
Irish central bank chief calls for ban on crypto advertising
DUBLIN (Reuters) – Ireland’s central bank governor urged lawmakers on Wednesday to ban the advertising of crypto assets targetted at young adults, likening crypto not …
DCG’s crypto exchange Luno to cut 35% jobs amid harsh crypto winter
(Reuters) – Digital Currency Group-owned Luno said on Wednesday it would cut 35% of its total workforce, the latest in a slew of companies in …
U.S. Supreme Court spurns attorney-client privilege fight in crypto tax probe
By Nate Raymond (Reuters) – The U.S. Supreme Court on Monday threw out a case about the scope of attorney-client privilege involving a law firm’s …
EU lawmakers to vote on tighter crypto, ESG rules for banks
By Huw Jones LONDON (Reuters) – Banks would have to set aside a punitive amount of capital to cover holdings of cryptoassets under a draft …
New FTX chief says bankrupt crypto exchange could restart – WSJ
(Reuters) – Bankrupt crypto exchange FTX is looking into the possibility of reviving its business, Chief Executive Officer John Ray told the Wall Street Journal …
U.S. CFTC commissioner warns of risks if crypto firms self-certify
By Chris Prentice and Hannah Lang NEW YORK/WASHINGTON (Reuters) – A top official with the U.S. Commodity Futures Trading Commission (CFTC) on Wednesday plans to …
Crypto hedge funds ended 2022 down almost 50% – BarclayHedge data
By Nell Mackenzie LONDON (Reuters) – Hedge funds trading crypto currencies tracked by index provider BarclayHedge ended 2022 down almost 50%, the research firm said …
Crypto crime hits record $20 billion in 2022, report says
By Elizabeth Howcroft LONDON (Reuters) – Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions …
BlockFi says it repaid investor $15 million to settle over crypto crash
By Dietrich Knauth (Reuters) – Executives of bankrupt crypto lender BlockFi Inc have repaid an investor $15 million to settle a threatened lawsuit over the …
Crypto Firm With Ties To Sam Bankman-Fried’s Failed Hedge Fund Weighing Bankruptcy: REPORT
Crypto Firm With Ties To Sam Bankman-Fried’s Failed Hedge Fund Weighing Bankruptcy: REPORT John Hugh DeMastri on January 5, 2023 Prominent crypto firm Genesis Global …
Crypto firms off to rocky start in 2023 with outflows, layoffs and a lawsuit
By Hannah Lang (Reuters) – The crypto industry’s woes continued on Thursday as plunging deposits, layoffs and a lawsuit added to the tumult of 2022, …
Who is Alex Mashinsky, the man behind the alleged Celsius crypto fraud?
By John McCrank and Hannah Lang (Reuters) – Alex Mashinsky, a co-founder of bankrupt crypto lender Celsius Network who prosecutors allege bilked investors out of …
U.S. examining crypto wallets linked to FTX’s Bankman-Fried – Bloomberg News
(Reuters) – Federal prosecutors are looking into a series of crypto transactions that online analysts have tied to digital wallets associated with Sam Bankman-Fried, Bloomberg …
Solana crypto token loses most of its value in 2022, FTX collapse weighs
NEW YORK (Reuters) – The price of Solana, a cryptocurrency token that had been lauded by FTX founder Sam Bankman-Fried, fell 10.36% on Wednesday, and …
Regulators Crack Down On Crypto Company Audits After FTX Scandal
Regulators Crack Down On Crypto Company Audits After FTX Scandal John Hugh DeMastri on December 22, 2022 The U.S. Securities and Exchange Commission is increasing …
U.S. SEC heightening scrutiny of auditors’ crypto work – WSJ
(Reuters) – The U.S. Securities and Exchange Commission (SEC) is heightening the scrutiny of the work audit firms do for cryptocurrency companies, a senior official …
Fox Business Contributor Claims Liz Warren’s Crypto Bill Is A ‘Bullet To Financial Privacy’
Fox Business Contributor Claims Liz Warren’s Crypto Bill Is A ‘Bullet To Financial Privacy’ Harold Hutchison on December 16, 2022 A Fox Business contributor blasted …
Amid crypto turmoil, Hong Kong debuts first crypto futures ETFs
By Georgina Lee HONG KONG (Reuters) – Two exchange traded funds (ETF) that track U.S.-listed cryptocurrency futures have raised a combined $73.6 million ahead of …
Dem Rep Says Politicians ‘Should Return’ Donations From Disgraced Former Crypto CEO
Dem Rep Says Politicians ‘Should Return’ Donations From Disgraced Former Crypto CEO Harold Hutchison on December 14, 2022 Democratic Rep. Henry Cuellar of Texas said …
Germany calls for global regulation of crypto industry
FRANKFURT (Reuters) – Germany’s top regulator this week called for global regulation of the cryptocurrency industry to protect consumers, prevent money laundering and preserve financial …
Billionaire Dem Donor And Former Crypto CEO Sam Bankman-Fried Arrested In Bahamas
Billionaire Dem Donor And Former Crypto CEO Sam Bankman-Fried Arrested In Bahamas John Hugh DeMastri on December 12, 2022 Editor’s note: This article has been …
Crypto Chief Hired IRS Agents From Department Investigating Him For Potential Money Laundering: REPORT
Crypto Chief Hired IRS Agents From Department Investigating Him For Potential Money Laundering: REPORT John Hugh DeMastri on December 12, 2022 Cryptocurrency firm Binance, the …
Crypto winter end in sight as Ethereum looks to shake the chills- analysts
(Reuters) – Most big banks and investment managers expect the cryptocurrency market to pick up in 2023 after a brutal year that saw bitcoin sink …
FTX secretly funded crypto news site – Axios
(Reuters) – Cryptocurrency exchange FTX secretly funded media company the Block for over a year with money sent to the Block’s chief executive, Axios reported …
Senators Warren, Smith ask Fed for accounting of banks’ crypto ties
(Reuters) – U.S. Senators Elizabeth Warren and Tina Smith are demanding an accounting from the Federal Reserve and other U.S. financial regulators of banks’ cryptocurrency …
Slowing crypto startup funding may still surpass 2021 record – Pitchbook
By Medha Singh (Reuters) – Total funding at crypto startups this year is set to exceed investments in 2021, research firm Pitchbook said on Thursday …