Defunct crypto group FTX seeks to claw back $1.8bn from Binance NEW YORK: The liquidators of the defunct cryptocurrency exchange FTX have sued to try to claw back $1.8 billion paid... Published 12 Nov, 2024 12:23pm
Markets IMF and regulators set out roadmap to contain crypto risks LONDON: Global financial regulators and the International Monetary Fund on Thursday set out a roadmap to coordinate... Published 07 Sep, 2023 01:37pm
Markets FTX’s Bankman-Fried, seeking to avoid jail, denies witness tampering NEW YORK: Sam Bankman-Fried, the indicted founder of the bankrupt FTX cryptocurrency exchange, on Tuesday said he... Published 02 Aug, 2023 10:28am
World US congressional committee set to weigh crypto bills By Hannah Lang WASHINGTON: A key congressional committee is set to vote this week on several bills that would develop a regulatory... Published 26 Jul, 2023 10:25am
Business & Finance FTX begins talks to relaunch cryptocurrency exchange: WSJ WASHINGTON: Bankrupt FTX is moving ahead with efforts to revive its flagship international cryptocurrency exchange,... Published 03 Jul, 2023 06:04am
World US charges Sam Bankman-Fried for bribing Chinese officials NEW YORK: US officials alleged that former FTX chief Sam Bankman-Fried authorized bribes of at least $40 million to... Published 30 Mar, 2023 06:35am
Markets Crypto banking titan Silvergate closing shop SAN FRANCISCO: Crypto banking colossus Silvergate on Wednesday said it will shut down in the face of market turmoil... Published 09 Mar, 2023 12:31pm
Technology Cryptoverse: Bitcoin investors take control Paranoid? The domino downfall of FTX and other crypto custodians is enough to make the most trusting investor grab... Published 24 Jan, 2023 11:59am
Markets Crypto exchange Huobi to cut staff 20% in ‘bear market’ SINGAPORE: Crypto exchange Huobi plans to lay off about 20% of its staff, the company told Reuters on Friday, in the... Published 06 Jan, 2023 10:11pm
World Sam Bankman-Fried to enter plea in FTX fraud case NEW YORK: Sam Bankman-Fried is expected to enter a plea next week to criminal charges he defrauded investors and... Published 28 Dec, 2022 11:53pm
Technology Crypto exchange Kraken to stop operations in Japan US-based crypto exchange Kraken said on Wednesday it would cease its operations in Japan next month, citing the... Published 28 Dec, 2022 10:49am
Markets How 2022 shocked, rocked and rolled global markets LONDON: Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and... Updated 22 Dec, 2022 02:52pm
Technology Crypto firm Binance endures wild weeks in wake of FTX collapse PARIS: Even by the extreme standards of cryptocurrency trading, the past few weeks have been a wild ride for... Published 22 Dec, 2022 10:50am
World Two Bankman-Fried associates plead guilty to fraud, as FTX founder heads to US NEW YORK/NASSAU: FTX founder Sam Bankman-Fried left the Bahamas on Wednesday on a US-bound flight to face fraud... Published 22 Dec, 2022 09:31am
Markets Crypto could cause next financial crisis: India central bank chief MUMBAI: India’s central bank governor warned Wednesday that cryptocurrency markets risked causing the next global... Published 21 Dec, 2022 03:23pm
Technology Cryptoverse: Bye-bye to the year that broke bitcoin Bitcoin staggered into 2022. It ends the year slumped in an alleyway, robbed of its cocktail of cheap money and... Published 20 Dec, 2022 03:18pm
Markets Crypto assets need to be regulated at a global level, ECB’s De Guindos says MADRID: European Central Bank Vice-President Luis de Guindos said on Monday that crypto assets need to be regulated... Published 19 Dec, 2022 02:50pm
Technology Insurers shun FTX-linked crypto firms as contagion risk mounts Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital... Published 19 Dec, 2022 11:21am
Business & Finance FTX debtors file bidding procedures motion for sale of four businesses BENGALURU: FTX and its affiliated debtors said on Friday the company had filed a motion with the Bankruptcy Court... Published 19 Dec, 2022 06:00am
Business & Finance FTX founder charged with fraud in crypto exchange’s collapse NEW YORK: US federal prosecutors on Tuesday alleged Sam Bankman-Fried committed fraud and violated campaign finance... Published 14 Dec, 2022 07:19am
Technology Former FTX CEO Bankman-Fried arrested in Bahamas after US files charges FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest of US prosecutors on Monday, the day before... Updated 13 Dec, 2022 02:05pm
Business & Finance Yellen says crypto-currencies need regulation NEW YORK: US Treasury Secretary Janet Yellen on Wednesday said recent turmoil in the cryptocurrency market has not... Published 01 Dec, 2022 07:06am
Business & Finance Collapsed FTX owes nearly $3.1bn to top 50 creditors NEW YORK: Cryptocurrency exchange FTX, which has filed for US bankruptcy court protection, said it owes its 50... Published 21 Nov, 2022 05:59am
Business & Finance Crypto turmoil ‘not a surprise’, says ECB FRANKFURT: The recent collapse of a major cryptocurrency exchange platform that has sent shockwaves through the... Published 17 Nov, 2022 05:59am
Technology Binance CEO Zhao: significant interest in crypto industry recovery fund ABU DHABI: Binance chief executive Changpeng Zhao said on Wednesday there was significant interest from industry... Published 16 Nov, 2022 01:33pm
Opinion After FTX collapse, cryptocurrency sector fights back The failure of the FTX platform has undermined investor confidence and threatened the young cryptocurrency sector,... Published 16 Nov, 2022 05:50am
Business & Finance FTX collapse being scrutinized by Bahamas investigators NEW YORK: The collapse of FTX is the subject of scrutiny from investigators in the Bahamas, who are looking at... Updated 14 Nov, 2022 10:03am
Technology FTX working to secure assets after 'unauthorized' transactions NEW YORK: The new CEO of troubled cryptocurrency platform FTX said Saturday the company was making "every effort to... Updated 13 Nov, 2022 05:31pm
Markets Cryptos attempt to steady as Binance-FTX deal chills market SINGAPORE: Cryptocurrencies were jittery and groping for a floor on Wednesday, after a sharp and broad drawdown when... Published 09 Nov, 2022 01:38pm
Business & Finance FTX wins full approval to operate crypto exchange in Dubai DUBAI: Cryptocurrency exchange FTX said on Friday it was fully approved to operate its exchange and clearing house ... Published 30 Jul, 2022 03:39am