Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
Crypto Hackers Stole Billions Last Year by Targeting DeFi
Crypto Hackers Stole Billions Last Year by Targeting DeFi
February 02, 2023  |  Cryptocurrency

Adding to the cryptocurrency sector’s 2022 woes, hackers stole $3.8 billion from crypto companies last year. This, as a new crypto crime report from blockchain...

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Is Crypto Market’s Rally a Good Thing for FTX Creditors?
Is Crypto Market’s Rally a Good Thing for FTX Creditors?
February 01, 2023  |  Cryptocurrency

A he-said-they-said war of words has been swirling around FTX’s solvency since its bankruptcy. The Securities and Exchange Commission (SEC) estimated that the crypto exchange’s...

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FTX Judge Agrees to ID Bankman-Fried’s Bail Guarantors
FTX Judge Agrees to ID Bankman-Fried’s Bail Guarantors
January 31, 2023  |  Cryptocurrency

The names of the people who guaranteed bail for Sam Bankman-Fried will be made public. Eventually. A federal judge on Monday (Jan. 30) ruled that...

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Crypto’s New Congressional Subcommittee Aims for ‘Responsible Innovation’
Crypto’s New Congressional Subcommittee Aims for ‘Responsible Innovation’
January 26, 2023  |  Cryptocurrency

Cryptocurrency industry regulation in the post-FTX era has emerged as a pressing concern for the new Congress. It is no less pressing a concern for...

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Crypto Banks Hit Reset While Shedding Risky Innovation Ambitions
Crypto Banks Hit Reset While Shedding Risky Innovation Ambitions
January 25, 2023  |  Cryptocurrency

Smaller banks that sought to serve once-hot sectors like cryptocurrency are now exiting those verticals. This, as long-time crypto industry partner Silvergate Bank reports steep...

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SEC and Nexo Settle Charges Around Crypto Asset Lending Product
SEC and Nexo Settle Charges Around Crypto Asset Lending Product
January 20, 2023  |  Legal

Nexo has settled the federal and state charges brought against its crypto asset lending product. The Securities and Exchange Commission (SEC) said in a Thursday...

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Crypto Firm Genesis Global Holdco Files for Bankruptcy Owing $3.4B
Crypto Firm Genesis Global Holdco Files for Bankruptcy Owing $3.4B
January 20, 2023  |  Cryptocurrency

Cryptocurrency firm Genesis Global Holdco and two of its subsidiaries have filed for Chapter 11 bankruptcy protection. The filing includes two of its lending business...

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FTX Revival News Lifts Token and Adds Millions to Coffers
FTX Revival News Lifts Token and Adds Millions to Coffers
January 20, 2023  |  Cryptocurrency

As FTX mulls a return to operations, its FTT token stash is growing more valuable. This, as the CEO tasked with steering the collapsed cryptocurrency...

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Report: CoinDesk Considers Putting Itself Up for Sale
Report: CoinDesk Considers Putting Itself Up for Sale
January 19, 2023  |  Cryptocurrency

Cryptocurrency-centric news outlet CoinDesk is reportedly seeking a buyer. CEO Kevin Worth told the Wall Street Journal (WSJ) the company had hired investment bankers at Lazard Ltd. to...

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