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Crypto
Crypto Exchange Binance Will Suspend U.S. Dollar Transfers
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Binance, the world’s largest cryptocurrency exchange, will suspend U.S. dollar deposits and withdrawals, the company said Monday, without providing a reason for the decision.
“We...
Bitcoin Recovers all its Losses Since FTX Collapse
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Bitcoin has held steady above $21,000 for the last two days, bringing it back above the price it was when Sam Bankman-Fried’s crypto exchange,...
Bitcoin Rally To $21K Prompts Analysts To Ask Where BTC Price Will Go Next
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After Bitcoin BTC hit a yearly high of $21,095 on Jan. 13, reversing the entire FTX crash, where is it headed next? As CoinTelegraph writes, Bitcoin...
FTX Founder Sam Bankman-Fried Agrees to be Extradited
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Sam Bankman-Fried, the former boss of the failed cryptocurrency exchange FTX, has agreed to be extradited to the US to face charges.
The 30-year-old, who...
Binance Proof-of-Reserve Auditor Stops all Work With Crypto Clients
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Mazars Group, the accounting firm that conducted the audit of Binance’s proof-of-reserve, has discontinued its relationship with all its crypto clients. The move ends...
More Pain for Crypto Investors as Binance Under Criminal Investigation
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Nigerian and other investors in crypto tokens may feel more pain in the coming weeks as U.S. Department of Justice prosecutors are reportedly close...
Former FTX CEO Bankman-Fried Arrested in Bahamas After U.S. Files Charges
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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
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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
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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
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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...