Cryptocurrencies News

(Reuters) – Troubled cryptocurrency lender Genesis Global Capital has hired investment bank Moelis & Company to explore options including a potential bankruptcy, the New York Times reported on Tuesday citing three people familiar with the matter.

By Rae Wee SINGAPORE (Reuters) – The dollar pared some of its strong overnight gains on Tuesday after investors flocked to the safe-haven currency on nerves over China’s COVID flare ups, though cautious risk sentiment kept the greenback in demand.

By Koh Gui Qing NEW PROVIDENCE, Bahamas (Reuters) – Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, official property records show.

By Medha Singh and Lisa Pauline Mattackal

(Reuters) – Bankrupt cryptocurrency exchange FTX said on Tuesday it was seeking to indemnify unidentified individuals for actions they took and continue to take in connection with assets that represent a significant share of the company’s estate.

(Reuters) – Coinbase Global’s bonds have fallen heavily, and its shares have hit record lows, as investors ditched crypto following rival FTX’s collapse earlier this month.

(Reuters) – Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, had a total cash balance of $1.24 billion as of Nov. 20, according to a court filing on Monday.

(Reuters) – Crypto exchange FTX was on the radar of federal prosecutors in Manhattan months before its collapse, Bloomberg News reported on Monday citing people familiar with the investigation.

(Reuters) – The U.S. Senate Agriculture Committee on Thursday said it will hold a hearing on Dec. 1 to examine the sudden collapse of FTX, one of the world’s biggest crypto exchanges.

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Institutional investors rushed to crypto products that bet on price declines, posting record inflows, as the collapse of digital asset exchange FTX rippled across the industry and significantly weighed on market sentiment, according to weekly data from digital asset

(Reuters) – The Golden State Warriors were sued on Monday by an FTX account holder who accused the reigning National Basketball Association champions of fraudulently promoting the now-bankrupt cryptocurrency exchange.

By Dina Kartit (Reuters) – Criminal networks in the Western Balkans have become key actors in both regional and European Union drug markets, a report by the bloc’s drugs agency (EMCDDA) said on Monday.

The Bank of England’s Sir Jon Cunliffe shares his views on the collapse of FTX, which could give some clues on what platforms can expect.

(Reuters) – Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, said it owes its 50 biggest creditors nearly $3.1 billion.

(Reuters) – Collapsed crypto exchange FTX said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganisation of some businesses.

LONDON (Reuters) – The implosion of cryptocurrency exchange ETX shows the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said on Monday.

(Reuters) – Cryptocurrency exchange FTX, which recently filed for U.S. bankruptcy court protection, has fired some top executives, including co-founder Gary Wang, the Wall Street Journal reported on Friday, citing an FTX spokeswoman.

(Reuters) – Berkshire Hathaway Inc, run by billionaire Warren Buffett, on Friday warned investors it has no affiliation with a purported cryptocurrency brokerage website using the Berkshire Hathaway name.

By Andrew Goudsward (Reuters) – FTX founder Sam Bankman-Fried, facing mounting legal challenges over the collapse of his cryptocurrency exchange, may have harmed his defense by speaking publicly in recent days, legal experts said.

(Reuters) – FTX founder Sam Bankman-Fried sold a stake in the company worth $300 million when the crypto exchange raised capital last year, the Wall Street Journal reported on Friday, citing the firm’s financial records and people familiar with the transaction.