Cryptoverse: Forget crypto winter, this is a bitcoin ‘bloodbath’
Dec 6 (Reuters) – “I’m almost bankrupt,” said Jad Fawaz, a crypto trader in Abu Dhabi. “I’m laughing because there’s no point in exerting more depression...
Tagged: DBT
ECB says Bitcoin is artificially backed, should not be legitimized
FRANKFURT, Nov 30 (Reuters) – Bitcoin is being artificially propped up and should not be legitimized by regulators or financial firms as it is heading towards...
US banking regulator warns against crisis risk from fintech proliferation
NEW YORK, Sept 7 (Reuters) – The rise of fintech services and digital banking could spur financial risk and potentially a crisis in the long term,...
Analysis: US banks pounce on fintech deals as valuations plunge
NEW YORK, Nov 17 (Reuters) – Financial technology companies, long seen as a threat by the likes of JPMorgan Chase & Co ( JPM.N ), are...
Cryptoverse: So long, Solana? Ether Rival was beaten by FTX crash
Nov 15 (Reuters) – Solana, a poster coin for the crypto future, is in trouble. The cryptocurrency, which had been praised by FTX’s founder Sam Bankman-Fried,...
EXCLUSIVE At least $1 billion of client funds missing from failed crypto firm FTX – sources
FTX founder Bankman-Fried secretly moved $10 billion in funds to trading company Alameda – sources Bankman-Fried showed spreadsheets to colleagues that revealed the change in funding...
Factbox: Sam Bankman-Fried: The crypto mogul whose empire crumbled
Nov 11 (Reuters) – Sam Bankman-Fried stepped down from his role as CEO of FTX on Friday, and the crypto exchange said it will enter bankruptcy...
Crypto markets in turmoil after FTX bankruptcy
Nov 11 (Reuters) – Crypto exchange FTX filed for U.S. bankruptcy on Friday and Sam Bankman-Fried stepped down as CEO, following a liquidity crisis that has...
Take Five: A UK Budget and Trouble in Cryptoland
LONDON, Nov 11 (Reuters) – The long-awaited UK fiscal plan is (almost) here and after the ruckus triggered by September’s mini-budget, markets are watching closely. Chaos...
Crypto derivatives trading increases as investors hedge positions after FTX shock
Nov 10 (Reuters) – Trading volumes in bitcoin futures and exchange-traded funds (ETFs) have exploded as investors sought to hedge their positions following this week’s decline...