2 years ago
Adding digital assets and NFTs to an already huge and complex industry has the potential to create even more complications. Here’s what you need to know.
2 years ago
Marshall Wace is building out a team that invests in private blockchain-related companies, hiring William Benattar for its crossover investment fund, according to people familiar with the matter.
3 years ago
Investcorp Holdings, the biggest alternative asset manager in the Middle East, started raising money for a new fund aimed at taking stakes in startups developing blockchain technology.
3 years ago
The financial metaverse would be better served by truly stable currencies but the powers-that-be need to join in.
3 years ago
Coinbase Global Inc., the biggest U.S. cryptocurrency exchange, is wading into the international money-transfer business, seeking to tap into a huge market dominated by firms like Western Union Co.
3 years ago
McLaren Racing has terminated its relationship with Bitci.com, the Turkish-based crypto group, after less than a year.
3 years ago
In a strong warning to Prime Minister Narendra Modi’s government, a top official at India’s central bank reiterated concerns over cryptocurrency trading, likening the virtual coins to Ponzi schemes.
3 years ago
Pakistan’s central bank said that risks posed by cryptocurrencies outweigh its benefits, doubling down on its earlier message to stay away from investments in digital currencies.
3 years ago
Crypto proponents have argued for years that regulators shouldn’t apply decades-old rules to the burgeoning asset class. But in a move with sweeping implications for the industry, at least one prominent company is now planning to register its offerings with the Securities and Exchange Commission.
3 years ago
A hack at IRA Financial Trust, which offers self-directed retirement accounts, resulted in the theft of $36 million in cryptocurrency, according to a person familiar with the investigation.
3 years ago
A pair of big Bitcoin miners are poised to sell their stock in the face of a drop in token prices that has led other miners to trade in some their Bitcoin holdings.
3 years ago
The U.S. Securities and Exchange Commission is warning investors about risks associated with accounts that pay clients high interest rates for depositing crypto assets.
3 years ago
Cryptocurrency exchanges and other financial services companies were stars amid a Super Bowl ad blitz that featured the return of many longtime sponsors and an overall more upbeat mood than last year.
3 years ago
The venture capitalist and other backers of the blockchain-based future of the internet view web3 as a game changer. But will anyone want to play?
3 years ago
BlockFi Inc. is poised to pay $100 million to settle allegations from the Securities and Exchange Commission and state regulators that it illegally offered a product that pays customers high interest rates to lend out their digital tokens, according to people familiar with the matter.
3 years ago
Coinbase Global Inc., the largest U.S. cryptocurrency exchange, resumed operations of a recently launched advanced trading feature that was halted earlier when an unverified Twitter user warned of a possible vulnerability.
3 years ago
This surge should be seen as a success. Politicians need to resist the populist impulse to intervene and drag down prices.
3 years ago
(Bloomberg) -- Jamaica’s Prime Minister said the country is on track to launch its own e-currency this year, as the island joins the ranks of those embracing digital fiat.
3 years ago
Binance Holdings Ltd., parent of the world’s largest cryptocurrency exchange, is making a strategic investment of $200 million into the more than 100 year-old news publisher Forbes.
3 years ago
Criminals netted $1.3 billion in ransom payments from hacking victims in the past two years, reflecting a massive surge in cybercrime that has prompted a global effort to stop it, according to a new report from Chainalysis Inc.
3 years ago
Yes, it could raise electricity demand and encourage extra solar and wind power, but there are other ways to do that.
3 years ago
(Bloomberg) -- Sam Bankman-Fried, the chief executive officer and co-founder of cryptocurrency exchange FTX, said 95% of crypto trading volume occurs offshore and urged for greater regulatory clarity to attract businesses to the U.S.
3 years ago
(Bloomberg) -- Battery startup Northvolt AB says Sweden should stop wasting state-funded green energy on a local Bitcoin mine, in a sign that competition for access to the country’s renewable power supplies is heating up.
3 years ago
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3 years ago
Zambia’s central bank expects to complete research on forming a digital currency that could cut transaction costs and boost participation in the formal financial system by the fourth quarter.
3 years ago
The cryptocurrency known as Unus Sed Leo, which was issued in part to recapitalize the Bitfinex exchange following a 2016 hack, surged more than 50% after the U.S. announced that most of the stolen funds were recovered.
3 years ago
Investment in the cryptocurrency and blockchain sector in Singapore jumped more than 10 times last year to a record, according to a report, cementing the city-state’s status as a crypto hub even as it remains wary of speculative digital assets.
3 years ago
(Bloomberg) -- Treasury Undersecretary for Domestic Finance Nellie Liang is set to underscore the need to oversee stablecoin issuers, regulate all crypto intermediaries and address potential risks posed by increased leverage against digital assets when she appears before U.S. lawmakers Tuesday.
3 years ago
(Bloomberg) -- Polygon, the operator of an eponymous protocol used by developers to make Ethereum transactions quicker and cheaper, raised $450 million by selling its Matic crypto token to investors led by Sequoia Capital India.
3 years ago
British fintech firms attracted $37.3 billion of investment last year, up from $5.2 billion in 2020, bolstered by the completion of London Stock Exchange Group Plc’s purchase of Refinitiv and surging valuations across the industry.