The multilevel marketing model based on referral fees is highly risky.Sanjay Kamble hit the jackpot when an obscure token he'd invested in surged about 3,100% in eight months. He.
US cryptocurrency brokerage Genesis said it was seeking to avoid bankruptcy after Bloomberg news reported on Tuesday that creditors to the firm are organizing with restructuring lawyers to prevent.
Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest industry casualty after the firm was hurt by exposure to the spectacular collapse.
By Associated Press NEW YORK: A host of Hollywood and sports celebrities including Larry David and Tom Brady were named as defendants in a class-action lawsuit against cryptocurrency exchange.
Crypto's FTX CEO looking at all options as Binance deal collapsesFTX Chief Executive Officer Sam Bankman-Fried told employees he was exploring all options for his firm after a deal.
Changpeng Zhao, co-founder and chief executive of Binance, said the exchange signed a letter of intent to acquire the non-US assets of FTX, after the latter “asked for help”.
Sam Bankman-Fried, the billionaire founder of crypto exchange FTX, sought to reassure crypto investors on Monday after a rival exchange, Binance, said it would liquidate its holdings of FTX's.
Hong Kong is "back in business" and exploring whether to legalise crypto trading by retail investors, the city's finance chief announced Monday, kicking off a week of conferences aimed.
Voyager, the crypto lending platform that declared bankruptcy earlier this year, is analysing buy-out offers for its assets from other players in the crypto sector. At present, crypto exchanges.
The UK's Financial Conduct Authority (FCA) has issued a consumer warning against cryptocurrency exchange FTX for operating within the jurisdiction of the UK watchdog without authorisation. The FCA has.
FTX is not planning to acquire crypto exchange Huobi, the company's founder and CEO Sam Bankman-Fried said on Twitter. Bankman-Fried's comments arrive after a recent Bloomberg article named FTX.
Young Indian Grandmaster R Praggnanandhaa produced a superb performance, wining three straight games including two in the blitz tie-breaks to outwit world No.1 Magnus Carlsen 4-2 in the final.
File photo of Praggnanandhaa© TwitterTeenager Indian Grandmaster R Praggnanandhaa went down to Poland's Jan-Krzystof Duda via the tie-break in the sixth round of the FTX Crypto Cup, the American finale.
A US bank regulator ordered crypto exchange FTX on Friday to halt what it called "false and misleading" claims the exchange had made about whether funds at the company.
FTX said on Friday it was planning to offer Voyager Digital's customers access to some of their funds, the latest relief measure by the Sam Bankman-Fried-led cryptocurrency exchange for.
Sam Bankman-Fried, head of one of the largest cryptocurrency exchanges, FTX, said he and his company still have a "few billion" on hand to shore up struggling firms that.