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Crypto

Crypto Exchange Binance Will Suspend U.S. Dollar Transfers

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

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

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

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

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

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

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...

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