Today: September 12, 2024
Today: September 12, 2024

Cryptocurrency

Economy|Finance

Michigan state pension fund makes $6.6 million bitcoin ETF investment

The State of Michigan Retirement System, which oversees some $143.9 million in pension fund assets for state employees, has invested $6.6 million in the ARK 21Shares

Michigan state pension fund makes $6.6 million bitcoin ETF investment
Business|Europe|Technology

Ferrari extends cryptocurrency payment system to Europe after US launch

Ferrari said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars to its European dealers network from the end of this month, after

Ferrari extends cryptocurrency payment system to Europe after US launch
Economy|Finance

US spot ether ETFs see net inflows of $106 million on first day

The nine exchange-traded funds (ETFs) tied to the spot price of ether, the world's second-largest cryptocurrency, scooped up net inflows of $106 million on Tuesday as they

US spot ether ETFs see net inflows of $106 million on first day
Economy|Finance|Technology

Ether set for biggest daily fall in three months, no US ETF bounce

Cryptocurrency ether dropped as much as 7% on Thursday as it got caught up in the broad market sell-off and failed to get a lift from this week's launch of the first U.S. exchange

Ether set for biggest daily fall in three months, no US ETF bounce
News|Technology|World

Hong Kong to scrutinize cryptocurrency regulation after arrests linked to JPEX exchange

Hong Kong’s leader says the territory will scrutinize the regulation of digital assets after police arrested eight people over allegations of fraud at an unlicensed cryptocurrency exchange that impacted more than 1,600 investors and over $150 million in assets

Hong Kong to scrutinize cryptocurrency regulation after arrests linked to JPEX exchange
Business|Technology

Chase UK will soon bar its customers from making crypto transactions due to an uptick in scams

Chase UK, JP Morgan’s British digital bank, says it will bar customers from making cryptocurrency transactions starting next month — citing an uptick in scams and fraud

Chase UK will soon bar its customers from making crypto transactions due to an uptick in scams
Business

Valkyrie Funds to add 'ether' futures in exchange-traded fund after SEC approval

Investment manager Valkyrie Funds LLC has begun adding ethereum futures to its existing Bitcoin futures exchange-traded fund, after getting the green light from the U.S.

Valkyrie Funds to add 'ether' futures in exchange-traded fund after SEC approval
News

Bankman-Fried may face 'very long sentence' if convicted, judge says

Sam Bankman-Fried, the indicted founder of now-bankrupt cryptocurrency exchange FTX, may face a "very long sentence" if convicted at his fraud trial starting next

Bankman-Fried may face 'very long sentence' if convicted, judge says
Business

Bankman-Fried trial poses biggest test to date for crypto's top cop

Sam Bankman-Fried's upcoming trial on fraud charges marks a major test for a broader crackdown on white collar crime led by Manhattan's top federal prosecutor: Damian

Bankman-Fried trial poses biggest test to date for crypto's top cop
Business

US SEC charges FTX's former auditor over independence violations

The U.S.

US SEC charges FTX's former auditor over independence violations
Business|News|Technology

Jury selection begins in trial of fallen cryptocurrency mogul Sam Bankman-Fried

Sam Bankman-Fried's trial on charges that he defrauded thousands of customers and investors in his FTX digital coin exchange began with a full day of jury selection

Jury selection begins in trial of fallen cryptocurrency mogul Sam Bankman-Fried
Business

Cryptoverse: 'It's a knife fight' as traders get tokenized

Bitcoin? It's a bit old hat, say a cohort of crypto investors who are betting on blockchain technology breathing new life into traditional assets.

Cryptoverse: 'It's a knife fight' as traders get tokenized
Business

The crypto market still bears the scars of FTX's collapse

The global cryptocurrency market remains badly scarred following the tumultuous collapse of crypto exchange FTX and other big players last year, with

The crypto market still bears the scars of FTX's collapse
Business

Explainer-What charges does Sam Bankman-Fried face over FTX's collapse?

Sam Bankman-Fried is set to go on trial on Tuesday on fraud and conspiracy charges related to the collapse of FTX, the now-bankrupt cryptocurrency exchange he founded

Explainer-What charges does Sam Bankman-Fried face over FTX's collapse?
Business

Key moments leading up to FTX founder Sam Bankman-Fried's trial

Sam Bankman-Fried's fraud trial, which is set to kick off on Tuesday, marks the culmination of a yearlong legal saga stemming from the dramatic collapse of the FTX

Key moments leading up to FTX founder Sam Bankman-Fried's trial
Business

Sam Bankman-Fried's father, ex-Trump staffer among possible trial witnesses

Sam Bankman-Fried's father and brother, as well as Donald Trump's former spokesman Anthony Scaramucci, are among possible witnesses at the

Sam Bankman-Fried's father, ex-Trump staffer among possible trial witnesses
Business

US SEC asks judge to deny Coinbase motion to dismiss its lawsuit

The U.S.

US SEC asks judge to deny Coinbase motion to dismiss its lawsuit
Business

FTX's COO Wang agreed to be witness for US authorities in Bankman-Fried probe, book says

Former FTX chief operating officer Constance Wang agreed to serve as a witness for U.S. prosecutors in their case against the crypto exchange's founder and former CEO Sam

FTX's COO Wang agreed to be witness for US authorities in Bankman-Fried probe, book says
Business

US SEC cannot appeal Ripple Labs decision, judge rules

A federal judge on Tuesday refused to let the U.S.

US SEC cannot appeal Ripple Labs decision, judge rules
Business

Explainer-Sam Bankman-Fried's fraud trial - who are the key names?

Sam Bankman-Fried's trial places the former billionaire in a Manhattan courtroom alongside prosecutors steeped in financial crimes and political corruption cases, a

Explainer-Sam Bankman-Fried's fraud trial - who are the key names?
Business

Sam Bankman-Fried's trial: four key points raised in opening statements

Jurors in the trial of FTX founder Sam Bankman-Fried heard from both sides for the first time on Wednesday, receiving dueling portrayals of key events and

Sam Bankman-Fried's trial: four key points raised in opening statements
Business

FTX customers are still grappling with crypto platform's collapse

For Lee Rees, 43, FTX was one of a handful of exchanges on which the London-based cryptocurrency trader earned a good living, profiting off

FTX customers are still grappling with crypto platform's collapse
Business

US regulators weigh penalizing bankrupt crypto lender Voyager's ex-CEO - Bloomberg

Investigators at the U.S.

US regulators weigh penalizing bankrupt crypto lender Voyager's ex-CEO - Bloomberg
News

Caroline Ellison testifies she committed fraud with Sam Bankman-Fried

Caroline Ellison, the former chief executive officer of Sam Bankman-Fried's hedge fund Alameda Research, testified on Tuesday that she committed fraud

Caroline Ellison testifies she committed fraud with Sam Bankman-Fried
News

Sam Bankman-Fried's trial to resume with more testimony from Caroline Ellison

Caroline Ellison, the former co-head of Sam Bankman-Fried's hedge fund and a pivotal witness in his trial on fraud charges tied to the collapse of his

Sam Bankman-Fried's trial to resume with more testimony from Caroline Ellison

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