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CATEGORY

Crypto

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...

Elon Musk Reveals Talks With Sam Bankman-Fried: ‘My Bullshit Meter Was Redlining’

Elon Musk didn’t waste any time jumping into the Twitter fray after an apparent hack of bankrupt crypto lender FTX drained hundreds of millions...

FTX Files For Bankruptcy, Sam Bankman-Fried Resigns As CEO

As widely expected, FTX - which was clearly insolvent after the biggest fraud in crypto history - has filed for bankruptcy, and its boss...

JPMorgan Warns of Bitcoin Crash

The financial troubles of major cryptocurrency hub FTX threaten to wreak havoc on crypto firms and transform how they’re run, JPMorgan strategists warned on...

Bitcoin Price Hits 2-week Lows as FTX ‘Bank run’ Drains BTC Reserves

Bitcoin and crypto markets fell heavily into Nov. 8 as contagion from the FTX debacle spilled over. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to $19,351...

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