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...
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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...
Analysis: FTX debacle prompts investors to rethink the battered crypto market
NEW YORK/LONDON, Nov 10 (Reuters) – With major cryptocurrency exchange FTX on the brink of collapse, some investors are beginning to question the viability of a...
What crisis? High-stakes crypto lending looks set to stay
LONDON/WASHINGTON, Sept 21 (Reuters) – On May 11, Scott Odell, an analyst at UK crypto lender Blockchain.com, sent a direct message to Edward Zhao of Three...
US SEC’s crypto guidelines raise costs for lenders, disrupting projects
WASHINGTON, Sept 16 (Reuters) – Banks’ cryptocurrency projects have been upstaged by U.S. Securities and Exchange Commission (SEC) accounting guidance that would make it too capital...
Exclusive: US seeks documents on Binance chief for crypto money laundering probe
LONDON, Sept 1 (Reuters) – U.S. federal prosecutors have asked Binance, the world’s largest cryptocurrency exchange, to provide extensive internal documents about its anti-money laundering controls,...
EXCLUSIVE The World Bank’s IFC uses blockchain for carbon offsets
A tree about to be planted is seen during a reforestation project in Nova Mutum, Brazil, February 19, 2020. Picture taken February 19, 2020. REUTERS/Alexandre Meneghini/File...
Analysis: Clients of cryptocurrency lender Celsius face a long wait due to the fate of their funds
WASHINGTON / LONDON, JULY 15 (Reuters) – Crypto lender Celsius’s customers face a long and anxious wait to know how, when and even if they will...
Exclusive: Binance served crypto traders in Iran for years despite US sanctions, clients say
Seven Iranians say they used Binance for crypto after the United States reintroduced Iran sanctions Weak background check, deep liquidity drew Iranians to Binance, traders say...
The blockchain payment company Roxe will be announced via a SPAC agreement of 3.6 billion dollars
June 21 (Reuters) – Blanks check company Goldenstone Acquisition Ltd (GDST.O) said late Tuesday that it has entered into an agreement with blockchain-based payment company Roxe...