Cryptocurrencies News

By Luc Cohen NEW YORK (Reuters) – A U.S. judge on Thursday is set to hear arguments on whether FTX cryptocurrency exchange founder Sam Bankman-Fried will be able to contact employees of companies he once controlled while out on bail ahead of his trial on fraud

LONDON (Reuters) – Bank of New York Mellon’s head of digital assets Michael Demissie said on Wednesday that digital assets are “here to stay”, citing a 2022 study of the custodian bank’s clients.

(Reuters) – Cryptocurrency exchange Kraken is under investigation by the U.S. Securities and Exchange Commission for the sale of unregistered securities, according to a Bloomberg report.

By Dietrich Knauth (Reuters) – Failed crypto firm FTX received court approval on Wednesday to issue subpoenas to its founder Sam Bankman-Fried and members of his family as part of the company’s investigation into “misappropriated and stolen” funds.

(Reuters) – Digital Currency Group (DCG) is selling shares in several of its cryptocurrency funds at a high discount, and has started offloading its holdings in investment vehicles run by subsidiary Grayscale, the Financial Times reported on Tuesday.

NEW YORK (Reuters) -A former Coinbase Global Inc product manager pleaded guilty on Tuesday in what U.S. prosecutors have called the first insider trading case involving cryptocurrency, his defense lawyer said in a court hearing.

By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) – A federal judge on Tuesday rejected a proposal to modify Sam Bankman-Fried’s bail conditions, despite an agreement between the FTX cryptocurrency exchange founder and prosecutors to address potential witness tampering concerns.

NEW YORK (Reuters) – U.S. prosecutors on Tuesday asked a judge to postpone civil cases brought against FTX founder Sam Bankman-Fried by federal regulators until a parallel criminal case against the former billionaire concludes.

(Reuters) – Canada’s Hut 8 Mining Corp. plans to merge with rival U.S. Bitcoin in an all-stock deal to create a mining giant in North America, the companies said on Tuesday.

By Medha Singh, Lisa Pauline Mattackal and Vidya Ranganathan

By Michelle Nichols UNITED NATIONS (Reuters) – North Korea stole more cryptocurrency assets in 2022 than in any other year and targeted the networks of foreign aerospace and defense companies, according to a currently confidential United Nations report seen by Reuters on Monday.

By Dietrich Knauth (Reuters) – A U.S. bankruptcy judge at a court hearing in Delaware will consider on Monday whether to greenlight a court-supervised investigation into the collapse of FTX, a course of action that the crypto exchange has opposed as redundant and wasteful.

By Marc Jones LONDON (Reuters) – Cryptomarkets have not been killed off by last year’s turmoil, while the new wave of central bank digital currencies will face geopolitical limits, the Bank for International Settlements’ new innovation head has predicted.

LONDON (Reuters) – Self-proclaimed bitcoin creator Craig Wright’s lawsuit against bitcoin network developers to try to recover billions of dollars can continue to trial, a London court said on Friday.

By Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried is in talks with U.S. prosecutors to resolve a dispute over the FTX cryptocurrency exchange founder’s bail conditions, his lawyer said on Thursday.

After a tumultuous 2022 in the digital asset space, investment opportunities have presented themselves in 2023, with Web3 a target for investment funds.

LONDON (Reuters) – The end of the easy-cash era is over and its impact yet to be felt on world markets, hopeful that the pain of aggressive rate hikes and high inflation has passed.

By Josh Smith SEOUL (Reuters) – Last year was the worst on record for cryptocurrency heists, with hackers stealing as much as $3.8 billion, led by attackers linked to North Korea who netted more than ever before, a U.S.-based blockchain analytics firm said in a report

By Nate Raymond BOSTON (Reuters) – The founder of a defunct cryptocurrency business was sentenced on Tuesday to more than eight years in prison for defrauding investors and customers out of millions of dollars by marketing a virtual currency called My Big Coin with lies and

SINGAPORE (Reuters) – The business model that crypto firm Celsius Network had advertised and sold to its customers was not the business it actually operated, a court-ordered examiner report released on Tuesday showed.