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.
Investors Pull $3B From Binance Over Crypto Unease
Investors Pull $3B From Binance Over Crypto Unease
December 14, 2022  |  Cryptocurrency

Investors withdrew $3 billion from Binance Tuesday (Dec. 13) over worries about the crypto industry. Chanpeng Zhao, the cryptocurrency firm’s chief executive, had initially written...

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FTX Crypto Founder Hit With Eight Counts of Fraud and Conspiracy
FTX Crypto Founder Hit With Eight Counts of Fraud and Conspiracy
December 13, 2022  |  Legal

Sam Bankman-Fried has been arrested in the Bahamas on charges filed by U.S. prosecutors. He reportedly awaits extradition to the United States from the Bahamas,...

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Binance Opens Payments System to US Customers
Binance Opens Payments System to US Customers
December 13, 2022  |  Cryptocurrency

Cryptocurrency exchange Binance has opened its payments system Binance Pay to its American customers. The feature, which lets users send money via mobile app, has...

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Canada Expands Oversight Into Crypto Platforms
Canada Expands Oversight Into Crypto Platforms
December 13, 2022  |  Cryptocurrency

Canada has joined a list of countries increasing oversight into cryptocurrencies following the FTX collapse. The Canadian Securities Administrators (CSA) said in a Monday (Dec....

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FTX CEO’s Testimony and Restructuring Plan: 5 Things to Know
FTX CEO’s Testimony and Restructuring Plan: 5 Things to Know
December 13, 2022  |  Cryptocurrency

FTX’s caretaker CEO is offerings fresh insights hours after the bankrupt exchange’s former CEO was arrested. Sam Bankman-Fried’s (SBF’s) appointed successor, John J. Ray III,...

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Binance Audit Raises Red Flags From Own Team
Binance Audit Raises Red Flags From Own Team
December 12, 2022  |  Cryptocurrency

Consumers are hungry for reassurance as fear, uncertainty and doubt pollute the crypto landscape. At the same time, the crypto industry is equally eager to...

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Report: Legal Bills Will Likely Wipe Out SBF’s Parents
Report: Legal Bills Will Likely Wipe Out SBF’s Parents
December 12, 2022  |  Cryptocurrency

Among those facing financial ruin from the FTX collapse: the parents of the company’s founder. That’s according to a report Monday (Dec. 12) from The...

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Expect a Tale of Two CEOs at Dec. 13 FTX Hearing or Not
Expect a Tale of Two CEOs at Dec. 13 FTX Hearing or Not
December 12, 2022  |  Cryptocurrency

It’s a short witness list for the House Financial Services Committee’s FTX hearing Tuesday (Dec. 13). The title of the hearing, “Investigating the Collapse of...

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Bitcoin Investors Withdrew Nearly $1.5B in November, a Record
Bitcoin Investors Withdrew Nearly $1.5B in November, a Record
December 11, 2022  |  Cryptocurrency

Fearful cryptocurrency investors are pulling their funds in record numbers following the collapse of FTX. That’s according to a Sunday (Dec. 11) report by The...

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