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Crypto

Former FTX CEO Bankman-Fried Arrested in Bahamas After U.S. Files Charges

FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest of U.S. prosecutors on Monday, the day before he was due to...

Feds Probing Bankman-Fried’s Manipulation Of TerraUSD, Luna – NY Times

NYT reports that federal prosecutors are investigating whether FTX founder Sam Bankman-Fried and his hedge fund orchestrated trades in a way that led to the collapse...

Stablecoin Issuer Circle Cancels Plan to Go Public

Circle, the company behind stablecoin USDC, has terminated its agreement with special-purpose acquisition company Concord Acquisition Corp., thereby stepping back from its plan to...

Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year

Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more...

Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan

A licensed firm has finalized Russia’s first deal with digital financial assets denominated in foreign fiat. The transaction involved the issuing of DFAs worth 58...

AAX Executives Disappear as Suspension of Crypto Withdrawals Spark Panic in Nigeria

The Stakeholders in Blockchain Technology Association of Nigeria (SIBAN) has appealed against the assault of AAX staff by angry Nigerians, following the suspension of...

Crypto Exchange Kraken to Lay Off 30% of Staff

The cryptocurrency exchange Kraken is laying off 30 per cent of its workforce amid the fallout from this year’s digital asset market meltdown. “We’re reducing our...

Fidelity Begins Opening Retail Bitcoin Trading Accounts

Fidelity, one of the world’s largest financial services providers, has officially started opening retail bitcoin trading accounts. The development comes after their announcement of a...

Nigerian Crypto Exchange Quidax Lays Off 20% of its Workforce

Nigerian crypto startup Quidax has laid off 20% or 20 of its just over 100-strong staff, according to a company statement. The startup’s confirmed that this...

Solana Foundation Invested in FTX, Held Millions in Sam Bankman-Fried-Linked Cryptos

The Solana Foundation said Monday it has tens of millions of dollars in cryptocurrencies stranded on FTX – as well as 3.24 million common...

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