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.
Bitcoin Futures Investment Firm Valkyrie Cuts 30% of Staff
Bitcoin Futures Investment Firm Valkyrie Cuts 30% of Staff
November 14, 2022  |  Personnel

Digital asset investment firm Valkyrie Investments has reportedly cut about one-third of its 23-person staff over the last few weeks, joining many other companies in...

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Fed Vice Chair Brainard: Crypto Needs ‘Strong Regulatory Guardrails’
Fed Vice Chair Brainard: Crypto Needs ‘Strong Regulatory Guardrails’
November 14, 2022  |  Regulation

Noting the losses that retail investors have suffered in the cryptocurrency market, Federal Reserve Vice Chair Lael Brainard has reportedly reiterated her view that the...

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FTX Blowup May Force Banks and VC to Retreat from Crypto Plans
FTX Blowup May Force Banks and VC to Retreat from Crypto Plans
November 11, 2022  |  Cryptocurrency

The FTX blowup and bankruptcy will reshape the crypto industry. That much is certain. It’s unclear where the next shoes will drop and whether the...

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Rep. Waters: FTX.com Collapse Highlights ‘Urgent Need for Legislation’
Rep. Waters: FTX.com Collapse Highlights ‘Urgent Need for Legislation’
November 10, 2022  |  Regulation

The recent news around cryptocurrency exchange FTX.com has highlighted the need for legislation to protect consumers, Congresswoman Maxine Waters, chairwoman of the House Financial Services...

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CFPB: Frauds and Scams Make up 40% of Crypto Complaints
CFPB: Frauds and Scams Make up 40% of Crypto Complaints
November 10, 2022  |  Security & Fraud

They call it “pig butchering.” A scammer spends time getting their victim’s confidence and trust to convince them to set up cryptocurrency accounts in an...

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SEC’s Gensler Puts Exchanges in Crosshairs Amid Crypto’s Ongoing Upheaval
SEC’s Gensler Puts Exchanges in Crosshairs Amid Crypto’s Ongoing Upheaval
November 10, 2022  |  Cryptocurrency

Insolvency looms for FTX. Cryptocurrencies are plummeting. Securities and Exchange Commission (SEC) Chair Gary Gensler’s comments to CNBC Thursday morning (Nov. 10) show that the...

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Report: FTX Used Customer Funds to Prop up Alameda Research
Report: FTX Used Customer Funds to Prop up Alameda Research
November 10, 2022  |  Cryptocurrency

In a bid to prop up his trading firm Alameda Research, Sam Bankman-Fried reportedly loaned the firm billions of dollars from his FTX platform, including...

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FTX Deal Collapse Shines Light on Shaky Crypto Ecosystem
FTX Deal Collapse Shines Light on Shaky Crypto Ecosystem
November 09, 2022  |  Cryptocurrency

Binance seemingly smelled blood in the water in its move to snap up its key, struggling rival, FTX. And now the deal is done —...

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FV Debuts Puerto Rico’s 1st Bank-Based Digital Asset Custody Service
FV Debuts Puerto Rico’s 1st Bank-Based Digital Asset Custody Service
November 09, 2022  |  Cryptocurrency

Puerto Rico’s FV Bank has launched digital asset custody and settlement services for clients around the world, becoming the first bank in the commonwealth to...

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