On Wednesday, the Bahamas’s prime minister Philip Davis told parliament the country could not have prevented the failure of digital asset exchange FTX and has found no “deficiencies” in its…
Bankman-Fried told FTX.com investors Wednesday that without a cash injection the company would need to file for bankruptcy.
Meta, the company once known as Facebook, said last week that creators will be able to make their own NFTs and sell them directly to fans, both on and off…
Coinbase reported net revenue of US$576mn in the third quarter, down from over US$1.2 billion a year before, and US$803 million the previous quarter.
While salaries, rent and electricity have to be paid for in fiat currency, cryptocurrency miners are now struggling to make those payments given falling prices of digital assets.
Binance, the world’s largest cryptocurrency exchange by volume, was one of Musk’s financial backers in his multi-billion acquisition of Twitter, contributing a staggering US$500 million.
Hong Kong’s financial authorities said on Monday that the Chinese territory’s regulators are also exploring the listing of crypto exchange traded funds as the city’s rivalry with Singapore intensifies.
Weekend trading had initially produced an early return above the $21,000 mark, but was short-lived on the back of thin volumes as bulls failed to offer the critical mass to sustain higher levels.
China’s latest President, Xi Jinping, has secured his third term as the head of China. Many felt that his third term may herald even greater uncertainty as Xi presses for…
Morningstar Direct data show that crypto ETFs which were launched in the heady days of 2021 just before prices tumbled, account for five of the worst seven debuts in the history…