Cryptocurrency

Bitcoin Bounces Above $20,000 For First Time In Nearly A Week

Bitcoin Bounces Above $20,000 For First Time In Nearly A Week

Reuters | Tuesday September 27, 2022

Bitcoin broke above $20,000 on Tuesday for the first time in about a week, as cryptocurrencies bounced, along with other risk-sensitive assets, in Asian trade.

Crypto Gaming Developer Animoca Brands Raises $110 Million

Crypto Gaming Developer Animoca Brands Raises $110 Million

Reuters | Monday September 26, 2022, London

Hong Kong-based blockchain gaming developer Animoca Brands has raised $110 million from investors, the company said in a statement on Thursday.

Bankrupt Crypto Lender Voyager's CFO To Exit Months After Appointment

Bankrupt Crypto Lender Voyager's CFO To Exit Months After Appointment

Reuters | Monday September 26, 2022

Voyager Digital Ltd Chief Financial Officer Ashwin Prithipaul is preparing to step down from his role within months of his appointment at the crypto lender that filed for bankruptcy in July.

Crypto Exchange Kraken Has No US Watchdog Registration Plans: New CEO

Crypto Exchange Kraken Has No US Watchdog Registration Plans: New CEO

Reuters | Friday September 23, 2022

Cryptocurrency exchange Kraken has no plans to delist tokens the U.S. Securities and Exchange Commission has labeled as securities, or to register with the agency as a market intermediary, said incoming chief executive officer Dave Ripley on Thursday.

Liverpool Expands Partnership With NFT Fantasy Sports Startup Sorare

Liverpool Expands Partnership With NFT Fantasy Sports Startup Sorare

Reuters | Friday September 23, 2022, London

Liverpool football club is deepening its ties with the crypto world by expanding a partnership with French blockchain-based sports startup Sorare, the company said in a statement on Thursday.

Major Crypto Trader Wintermute Loses $160 Million In A Hack, Says CEO

Major Crypto Trader Wintermute Loses $160 Million In A Hack, Says CEO

Reuters | Friday September 23, 2022, London

Hackers have stolen digital assets worth around $160 million from crypto trading firm Wintermute, its CEO tweeted on Tuesday, the latest heist to hit a sector long plagued by cybercrime.

Crypto Shakeout Engulfs The C-Suite As CEOs Start Stepping Down

Crypto Shakeout Engulfs The C-Suite As CEOs Start Stepping Down

Yueqi Yang, Bloomberg | Thursday September 22, 2022

The cryptocurrency industry's epic shakeout, having cost thousands of jobs and set off a round of consolidation, is reaching the corner office.

What Crisis? High-Stakes Crypto Lending Looks Here To Stay

What Crisis? High-Stakes Crypto Lending Looks Here To Stay

Reuters | Wednesday September 21, 2022, London/ Washington

On May 11, Scott Odell, an analyst at British crypto lender Blockchain.com, instant messaged Edward Zhao of Three Arrows Capital asking that the Singapore hedge fund repay at least part of a $270 million loan.

After Merge, Ether Heads For A $20 Billion Shanghai Splurge

After Merge, Ether Heads For A $20 Billion Shanghai Splurge

Reuters | Tuesday September 20, 2022

The Merge came, saw and conquered. Not that you'd guess from crypto prices.

FTX May Be Operating In UK Without Authorisation: Britain Financial Watchdog

FTX May Be Operating In UK Without Authorisation: Britain Financial Watchdog

Reuters | Monday September 19, 2022, London

Britain's Financial Conduct Authority said on Friday cryptocurrency exchange FTX may be offering financial services or products in the UK without its authorisation.

Bitcoin Falls Below $19,000 To 3-Month Low As Cryptos Creak Under Rate Hike Fears

Bitcoin Falls Below $19,000 To 3-Month Low As Cryptos Creak Under Rate Hike Fears

Reuters | Monday September 19, 2022

Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy on risky assets with interest rate rises looming around the world.

Crypto Developer Do Kwon Wanted For Fraud Not In Singapore: Police

Crypto Developer Do Kwon Wanted For Fraud Not In Singapore: Police

Reuters | Monday September 19, 2022

Singapore Police Force said on Saturday the wanted crypto developer Do Kwon, who is accused of fraud by investors following the collapse of his cryptocurrencies Luna and TerraUSD, is currently not in the city-state.

Bitcoin Once Again Slips Below $20,000

Bitcoin Once Again Slips Below $20,000

Reuters | Sunday September 18, 2022

Bitcoin on Sunday dropped 1.54% to $19,804, slipping from the 20,000 mark after losing $310 from its previous close.

Inside Web 3.0: The New Iteration Of The Internet

Inside Web 3.0: The New Iteration Of The Internet

Reported by Aprameya Venkatanarasimha Rao, Edited by Rahul Karunakar | Saturday September 17, 2022

If the number of investments and the accompanying buzz are considered, Web3 or Web 3.0 is clearly the future of the internet.

Celsius Files For Permission To Sell Its Stablecoin Holdings

Celsius Files For Permission To Sell Its Stablecoin Holdings

Reuters | Friday September 16, 2022

Bankrupt crypto lender Celsius Network on Thursday, filed a request for sale of its stablecoin holdings, in a bid to generate liquidity to fund its operations.