Dollar heads for first weekly loss in five, crypto falls
LONDON, March 3 (Reuters) – The U.S. dollar fell from a 2-1/2-month high against the yen on Friday and appeared poised for its first weekly loss...
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Crypto lending unit of Genesis files for US bankruptcy
Jan 20 (Reuters) – The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, owing creditors at least $3.4 billion after being...
Charlie Munger Downplays Taiwan Invasion Risk, Says Crypto Fans Are ‘Idiots’
Feb 15 (Reuters) – Charlie Munger, the longtime business partner of Warren Buffett at Berkshire Hathaway Inc ( BRKa.N ), said on Wednesday that China remains...
Crypto hacks stole record $3.8 billion in 2022, led by North Korea groups – report
SEOUL, Feb 1 (Reuters) – Last year was the worst on record for cryptocurrency heists, with hackers stealing as much as $3.8 billion, led by attackers...
Exclusive: Binance Moves $346M for Seized Crypto Exchange Bitzlato
LONDON, Jan 24 (Reuters) – Crypto giant Binance processed nearly $346 million in bitcoin for digital currency exchange Bitzlato, whose founder was arrested by U.S. authorities...
How Ant fell into fintech’s middle-income trap
HONG KONG, Feb 9 (Reuters Breakingviews) – It has been almost a decade since the company now known as Ant turned China’s clumsy financial system on...
China’s regulator tells Futu and UP Fintech to stop seeking mainland clients
SHANGHAI/HONG KONG, Dec 30 (Reuters) – China’s securities regulator said on Friday that online brokers Futu Holding and UP Fintech Holding have been operating illegal securities...
Exclusive: China to fine Ant Group over $1 billion, signaling renewal nearing end sources
HONG KONG, Nov 22 (Reuters) – Chinese authorities are poised to fine Jack Ma’s Ant Group more than $1 billion, six sources with direct knowledge of...
JD.Com fintech unit aims to win Beijing approval for HK listing as soon as year ends – sources
HONG KONG/SYDNEY, Nov 15 (Reuters) – The fintech arm of Chinese e-commerce firm JD.Com ( 9618.HK ) aims to win Beijing regulators’ approval to list in...
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...