Showing 1 - 10 of 23
US and Korea seek extradition of crypto fugitive
AFP, Published on 29/03/2023
» PODGORICA, Montenegro: The United States and South Korea have sought the extradition from Montenegro of fugitive cryptocurrency entrepreneur Do Kwon, the country's minister of justice said on Wednesday, just days after he was arrested in the Balkan nation.
Crypto-linked bank failures fuel regulation debate
AFP, Published on 17/03/2023
» LONDON: The global cryptocurrency industry has been slammed by setbacks, scandals and high-profile failures in recent months, sparking a regulatory rush to protect consumers from fraud and scams.
Cryptocurrency platform FTX files for bankruptcy
AFP, Published on 12/11/2022
» NEW YORK: Crisis-struck cryptocurrency platform FTX has gone bankrupt in the United States and its chief executive Sam Bankman-Fried has resigned, it said Friday, the latest blow in a saga that has reverberated across the digital currency landscape.
FTX collapse gives crypto sector 'another black eye'
AFP, Published on 09/11/2022
» NEW YORK: Even for a sector regularly rocked by bankruptcies, the collapse of FTX –- a cryptocurrency platform worth $32 billion at the beginning of the year -- came as a shock.
El Salvador marks 1st year of Bitcoin use as confidence wanes
AFP, Published on 07/09/2022
» EL ZONTE, El Salvador: A year ago, El Salvador began accepting Bitcoin as legal tender following a controversial and much-criticised decision by President Nayib Bukele.
US tech titans stumble after pandemic boom
AFP, Published on 29/07/2022
» SAN FRANCISCO: Amazon and Apple were a relative bright spot in a week of otherwise lackluster earnings results for an industry reckoning with the end of heady pandemic-era growth.
Facebook's crypto project Diem sold after pushback
AFP, Published on 01/02/2022
» SAN FRANCISCO: The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million sale of its technology, capping a years-long initiative that drew significant concern from regulators.
From Squid coin to memes, the 'Wild West' of crypto
AFP, Published on 10/11/2021
» LONDON: From a dodgy digital currency inspired by Netflix hit "Squid Game" to highly-volatile dog-themed coins, the cryptocurrency sector has become riskier than ever as it soars in value.
First fund linked to bitcoin futures debuts on NYSE
AFP, Published on 20/10/2021
» NEW YORK: Bitcoin took another step closer to mainstream investing Tuesday with the launch of a new security on Wall Street tied to futures of the cryptocurrency.
Bitcoin tops $60,000 on US fund approval hopes
AFP, Published on 16/10/2021
» NEW YORK: Bitcoin breached the $60,000 mark for the first time since April on growing optimism that American regulators will greenlight the first US futures exchange-traded fund for the cryptocurrency.