Cryptocurrency

Flurry Of Funds Bet Big On Bruised Bitcoin's Allure

Flurry Of Funds Bet Big On Bruised Bitcoin's Allure

Reuters | Tuesday October 18, 2022

A growing number of funds are betting on the long-term appeal of bitcoin and ether, a gritty gambit in the depths of a crypto winter.

Damien Hirst Burns Artworks After Collectors Pick NFTs (Tokens) Instead

Damien Hirst Burns Artworks After Collectors Pick NFTs (Tokens) Instead

Reuters | Tuesday October 18, 2022

Britain's Damien Hirst started burning hundreds of his artworks on Tuesday after collectors chose to keep their non-fungible tokens (NFTs), blockchain-based assets representing their digital images, instead.

Crypto.com Chooses Paris For European Headquarters

Crypto.com Chooses Paris For European Headquarters

Reuters | Tuesday October 18, 2022

Cryptocurrency platformCrypto.com will set up its European regional headquarters in Paris, the Singapore-based company said last week.

Crypto Firm 21Shares Lists Bitcoin Exchange-Traded Product On Nasdaq Dubai

Crypto Firm 21Shares Lists Bitcoin Exchange-Traded Product On Nasdaq Dubai

Reuters | Wednesday October 12, 2022

Crypto investment products firm 21.co said on Wednesday its subsidiary 21Shares AG has listed a bitcoin exchange-traded product on Nasdaq Dubai

Regulators Propose First Global Rules Before 'Crypto Winter' Thaw

Regulators Propose First Global Rules Before 'Crypto Winter' Thaw

Reuters | Tuesday October 11, 2022

Cryptoasset companies should set aside capital like banks when undertaking similar activities, regulators proposed.

Crypto Hack Worth $570 Million Hits Binance-Linked Blockchain

Crypto Hack Worth $570 Million Hits Binance-Linked Blockchain

Reuters | Tuesday October 11, 2022

A blockchain linked to Binance, the world's largest crypto exchange, has been hit by a $570 million hack, a Binance spokesperson said on Friday.

US Crypto Giant Coinbase Gets Licence To Operate In Singapore

US Crypto Giant Coinbase Gets Licence To Operate In Singapore

Reuters | Tuesday October 11, 2022

Coinbase, the largest crypto exchange in the United States, said it has received approval from Singapore's central bank to offer payment services in the city-state.

Binance-Linked Blockchain Hit By $570 Million Crypto Hack

Binance-Linked Blockchain Hit By $570 Million Crypto Hack

Reuters | Friday October 07, 2022, London

A blockchain linked to Binance, the world's largest crypto exchange, has been hit by a $570 million hack, a Binance spokesperson said on Friday, the latest in a series of hacks to hit the crypto sector this year.

Crypto Exchange WazirX Lays Off 40% Staff Amid Crypto Winter

Crypto Exchange WazirX Lays Off 40% Staff Amid Crypto Winter

Asian News International | Monday October 03, 2022, New Delhi

Indian exchange WazirX laid off 40 per cent of its total workforce, the company said in a statement. The company said the laid-off was done to weather the bearish week for the crypto market. It said its priority was to be financially stable and to continue serving our customers.

Crypto Lender Celsius Not Seeking Payments For Outstanding Loans

Crypto Lender Celsius Not Seeking Payments For Outstanding Loans

Reuters | Monday October 03, 2022

Bankrupt crypto lender Celsius Network said on Friday it is not seeking to enforce payment obligations for outstanding loans during its Chapter 11 proceedings and that borrowers do not need to repay such loans.

Crypto Lender Celsius Not Seeking Payments For Outstanding Loans

Crypto Lender Celsius Not Seeking Payments For Outstanding Loans

Reuters | Saturday October 01, 2022

Bankrupt crypto lender Celsius Network said on Friday it is not seeking to enforce payment obligations for outstanding loans during its Chapter 11 proceedings and that borrowers do not need to repay such loans.

UK Watchdog Dismisses Criticisms On Crypto Licenses And Rejections

UK Watchdog Dismisses Criticisms On Crypto Licenses And Rejections

Reuters | Friday September 30, 2022

Crypto firms were undeterred by initial failure to obtain licences to operate in Britain and were submitting new applications, the FCA said.

China Trials Cross-Border Settlement Involving Cenbank Digital Currencies

China Trials Cross-Border Settlement Involving Cenbank Digital Currencies

Reuters | Thursday September 29, 2022, Shanghai

A central bank digital currency trial focused on cross-border transactions has been completed, the Bank for International Settlements (BIS) said, with Chinese state-owned banks participating as Beijing tries to internationalise its digital yuan.

Euro Sculpture In Frankfurt Rescued By Crypto Firm

Euro Sculpture In Frankfurt Rescued By Crypto Firm

Reuters | Thursday September 29, 2022, Frankfurt

A giant blue euro sculpture in the heart of Frankfurt's financial district has a new benefactor: The firm behind a sharia-compliant cryptocurrency.

Bitcoin-Sterling Volumes Spike To Record High As British Currency Hits Historic Lows

Bitcoin-Sterling Volumes Spike To Record High As British Currency Hits Historic Lows

Reuters | Thursday September 29, 2022

Trading volumes between the British pound and thecryptocurrency bitcoin spiked to a record high after sterling dropped on Monday.