Industry Keyword: Cryptocurrencies
FinTech Platforms
Crypto exchange Coinbase’s trading volumes surge on retail interest
Leading cryptocurrency exchange Coinbase Global Inc has reported a surge in quarterly trading volumes on a sequential basis as volatility in prices drew in retail traders, but warned that growth would slow in the...
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FBI to form digital currency unit, Justice Dept taps new crypto czar
The US Justice Department has tapped a seasoned computer crimes prosecutor to lead its new national cryptocurrency enforcement team and announced that the FBI is launching a unit for blockchain analysis and virtual asset...
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Bitcoin runs into Russian rules and regiments
Bristling tensions and looming laws in Europe could offer clues to two questions: Can bitcoin be a safe-haven asset? And can Russia emerge as a crypto superpower?
The answer to the first, for now at...
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Coinbase removes cryptocurrency links after ‘rug pull’ warnings
Coinbase Global has removed 'how to buy' instructions for at least three crypto tokens which have been the subject of 'rug pull' warnings that investors may lose their money, saying on Thursday it plans...
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Head of US derivatives regulator urges key crypto role for agency
The head of the US Commodity Futures Trading Commission told lawmakers on Wednesday his agency should take on a leading role in policing cryptocurrency.
Testifying before the Senate Agriculture Committee, CFTC Chairman Rostin Behnam said...
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Binance hopes Russia will help regional growth
Binance, the world's largest cryptocurrency exchange, wants to expand in Russia and neighbouring states where it sees prospects for new regulations that will boost its business, an executive said.
Russian politicians have pressed for a...
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Facebook’s cryptocurrency venture to wind down and sell tech assets
Meta Platforms Inc's digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate Capital Corp for about $200 million, the Wall Street Journal has reported, citing a person familiar...
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Teenage bitcoin throws an interest rate tantrum
Bitcoin is growing up. The original cryptocurrency turns 13 this year and is showing signs of becoming a more mature financial asset - but watch out for the teenage tantrums.
This drift towards the mainstream,...
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Bitcoin investors dig in for long haul in ‘staggering’ shift
As bitcoin heads into 2022, a growing cohort of long-term investors is doubling down on its stashes of the cryptocurrency, hoping a December dip was merely a festive blip.
Some industry watchers point to the...
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China’s digital yuan wallets swell but usage lags
China's digital currency has debuted on app stores with fanfare, with online wallets for the electronic yuan seeing mass adoption in the two weeks since a public launch, yet its actual use in transactions...
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Macro and technical headwinds accrue for bitcoin
A weak start to 2022 and a host of looming macro and technical headwinds are setting cryptocurrencies up for a rough ride in the weeks to come.
The biggest of them, bitcoin, has not managed...
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Cryptocurrency crime in 2021 hits all-time high in value
Cryptocurrency-linked crime surged to a record high last year in terms of value, with illegal addresses receiving $14 billion in digital currencies, up 79% from $7.8 billion in 2020, according to a blog from...