Cryptocurrencies News

SINGAPORE (Reuters) – Broker Robinhood has no direct exposure to crypto exchange FTX, chief executive Vlad Tenev said on Twitter.

(Reuters) – Cryptocurrency exchange Kraken said on Thursday it was not affected by the recent FTX news “in any material way,” and that it had no exposure to FTX Chief Executive Officer Sam Bankman-Fried’s trading firm Alameda Research.

SINGAPORE (Reuters) – Cryptocurrencies were jittery and groping for a floor on Wednesday, after a sharp and broad drawdown when nerves about the stability of exchange FTX turned to a rush of withdrawals and ultimately a bailout deal from bigger rival Binance.

(Reuters) – Two top U.S. financial regulators are probing whether crypto exchange FTX.com properly handled customers’ funds, and its relationship with other parts of Sam Bankman-Fried’s crypto empire, Bloomberg News reported on Wednesday.

Binance walks away from the FTX deal today, leaving the crypto market down at sub-$800bn and FTX on the brink of bankruptcy.

(Reuters) – FTX Chief Executive Sam Bankman-Fried told investors on Wednesday that the cryptocurrency exchange needs an emergency funding to cover a shortfall of up to $8 billion due to withdrawal requests received in recent days, the Wall Street Journal reported, citing people familiar with the

WASHINGTON (Reuters) – The cryptocurrency industry events of the last few days highlight the risks in the industry of co-mingling of intermediary functions, the chair of the U.S. Securities and Exchange Commission said on Wednesday.

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares rose and the dollar wobbled on Wednesday as investors awaited U.S. inflation data as well as the results of the U.S. midterm elections that could signify a power shift in Washington.

(Reuters) – Gemini cofounder Cameron Winklevoss assured investors that the crypto exchange has no exposure to FTX, digital coin FTT and crypto trading platform Alameda, as a liquidity crunch at FTX sparks concerns of another crypto contagion.

Solana is down 40% as Crypto.com halts USDC and USDT withdrawals on Solana blockchain.

(Reuters) – Binance, the world’s biggest cryptocurrency exchange, on Tuesday signed a non-binding agreement to buy rival FTX’s non-U.S. unit.

By Hannah Lang (Reuters) – FTX CEO Sam Bankman-Fried approached cryptocurrency exchange OKX Monday morning about a deal before he announced Tuesday that Binance had signed a nonbinding agreement to acquire FTX in the face of an apparent liquidity crunch, an OKX spokesperson said.

(Reuters) – Crypto financial services company Galaxy Digital Holdings Ltd said on Wednesday it would cut its exposure to embattled crypto exchange FTX by $47.5 million.

By Vidya Ranganathan SINGAPORE (Reuters) – It’s no joke. Elon Musk’s acquisition of Twitter has put fresh wind in the sails of dogecoin, the meme cryptocurrency he catapulted to fame.

By Hannah Lang (Reuters) – The cryptocurrency industry has spent millions of dollars on U.S. midterm election races during a year of heavy losses and upheaval in the sector, which hopes to gain sway among legislators as Congress debates tighter regulation of digital assets.

SINGAPORE (Reuters) – Cryptocurrencies fell heavily on Tuesday and the native token of crypto exchange FTX collapsed by 15% as investors appeared to take fright at talk of pressure on FTX’s financials.

By Hannah Lang (Reuters) – Crypto exchange Binance signed a nonbinding agreement on Tuesday to acquire rival crypto exchange FTX, in a dramatic move that capped off a series of back-and-forth salvos between the CEOs of both companies.

On Tuesday, the crypto market went into freefall, decoupling from the NASDAQ Composite Index on news of the FTX collapse and Binance acquisition.

WASHINGTON (Reuters) – The U.S. Treasury has broadened its justification for sanctioning virtual currency mixing service Tornado Cash on allegations it supports North Korea, despite criticism from users that the Treasury is targeting a service and not an organization.

(Reuters) – Binance Chief Executive Changpeng Zhao said on Tuesday the company had signed a non-binding agreement to buy rival FTX’s unit, FTX.com, to help cover a “liquidity crunch” at the cryptocurrency exchange.