Cryptocurrency

New Delhi : Popular cryptocurrency broker Genesis has filed for Chapter 11 bankruptcy following the meltdown of the FTX exchange, media reports said. According to bankruptcy documents, the company listed over 1,00,000 creditors in a "mega"…

New Delhi : Crypto finance firm BlockFi has filed for bankruptcy to help "stabilise its business," as investors are yet to recover from the fall of crypto exchange FTX. BlockFi and eight of its affiliates has filed for Chapter 11 bankruptcy…

San Francisco : Leading crypto exchange Coinbase will lay off more employees soon in a fresh round of job cuts, as the world of crypto faces another existential threat after the FTX collapse, the media reported. The layoffs were…

New Delhi : Leading cryptocurrency exchange Coinbase has clarified that it only has $15 million worth of deposits on FTX to facilitate business operations and client trades, as it faced a partial outage. In its bid to provide clarity,…

New Delhi : More than 51 per cent of the total Bitcoin trading volume on various crypto exchanges this year is fake amid volatile global economic conditions, a new report has claimed.Bitcoin is the blue chip of cryptocurrency and represents…

New Delhi : The world saw crypto losses up to $428 million in the third quarter (Q3), down 36 per cent from Q2, from hacks and frauds, a new report has shown.An analysis of the crypto losses by bug bounty platform Immunefi found that fraud…

San Francisco : Leading crypto exchange Coinbase paused transactions for users in the US owing to some technical issues, and resolved it hours later.In a tweet, the company said they were unable to take payments or make withdrawals…

New York : Cryptocurrency platform Nexo has been sued by New York, California and six other state regulators for failing to register with the state as securities and commodities brokers or dealers and lying to investors about their…

San Francisco : Crypto exchanges are now required to notify the UK authorities of any suspected sanctions violations under new regulations introduced in response to concerns that bitcoin and other cryptoassets are being used to dodge…

Sydney : Due to an unfortunate typo, cryptocurrency exchange Crypto.com mistakenly issued a customer A$10.5 million ($7.2 million) rather than the expected A$100 ($68), media reports say. Seven months later, when the exchange finally…