Current Date:February 25, 2025

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Wall Street Banks Seen as Unlikely Saviors as Crypto Firms Struggle

It took years for the crypto industry to gain trust – and capital – from the major institutional players...

‘Grayscale Discount’ Widens to Record 43% as FTX Contagion Spreads

Shares of the Grayscale Bitcoin Trust (GBTC), the world’s largest publicly traded crypto fund, are trading at a new...

Cardano Is Launching New Privacy Blockchain and Token

Input Output Global (IOG), the firm behind the Cardano blockchain, is releasing a new privacy-focused blockchain called Midnight and...

Bitcoin Holds Fast Over 16K, but Crypto Winter Could Be Prolonged

Bitcoin held steady over its most recent $16,000 support for a 10th consecutive day, even as contagion triggered by...

Shares of Crypto Bank Silvergate Continue to Fall Despite CEO’s Remarks

Silvergate Capital (SI) shares fell Friday morning in a sign that FTX’s rapid unraveling continues to rattle investors. On...

Sorare, Under Pressure From France’s Gambling Regulator, Will Expand Free Access

NFT fantasy gaming platform Sorare has agreed to amend the rules for its non-fungible token soccer trading game under...

Here’s How Some FTX Account Holders Can Get Their Money Back – But Time Is Running Out

Some FTX account holders can get their investments back, but they will have to act fast, according to Joshua...

Bank of America Says Crypto Exchanges’ Proof of Reserves Have Too Many Shortcomings

Following the collapse of FTX and Alameda Research, crypto trading platforms are rushing to show that clients’ assets are...

First Mover Asia: Bitcoin Won’t Budge. Cryptos Ignore the FTX Chaos for Another Day

Good morning. Here’s what’s happening: Prices: Bitcoin continued to trade sideways and hold comfortably above its $16,000 support. Insights...

Bahamas Securities Regulator Says It Ordered FTX Crypto Transferred to Government Wallets

The Securities Commission of the Bahamas announced Thursday that it ordered the contents of FTX's crypto wallets to be...

Crypto Risk Management Remains Paramount in Coming Weeks

Funding rates have turned positive for bitcoin in an early, albeit hopeful sign that market sentiment is shifting positive....

US Senators Warren, Durbin Probe FTX Collapse

After the spectacular implosion of FTX last week, questions about what brought the once-mighty exchange to its knees are...

FTX Ventures Was a Disorganized Mess With Missing Financials, Bankruptcy Documents Say

Crypto exchange FTX established a $2 billion venture capital fund early this year, instantly becoming one of the crypto...

CFTC Has ‘Boots on the Ground’ at FTX Subsidiary LedgerX

Commodity Futures Trading Commission (CFTC) Commissioner Kristin N. Johnson said that the regulator had “boots on the ground” at...

Alameda Had ‘Secret Exemption’ From FTX Liquidation Protocols, New CEO Says

Alameda Research, the crypto hedge fund at the center of Sam Bankman-Fried’s and FTX’s downfall, had a “secret exemption”...

Hong Kong Regulator Calls for Tough Rules Despite Crypto Hub Ambitions

Crypto service providers are moving from the fringe to provide a full range of financial services, making a "light...

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