Bitcoin climbed to a nine-month high on Monday as turmoil in the banking sector drives some investors to turn to digital assets, as the cryptocurrency built on its best week in four years.
The global cryptocurrency industry has been slammed by setbacks, scandals and high-profile failures in recent months, sparking a regulatory rush to protect consumers from fraud and scams.
Imagine digitally inscribing 3D images of objects such as multi-colored spheres onto a tiny fragment of bitcoin. Then imagine selling them for $16.5 million.
Shares of crypto-focused companies fell on Thursday after Silvergate Capital Corp disclosed plans to wind down operations and voluntarily liquidate, as the aftermath of FTX's implosion last year reverberates through the industry.
As property prices begin to fall, experts and investors alike analyse whether property continues to be a good investment given the macroeconomic changes in the world.
Federal appellate court judges are set to hear arguments on Tuesday in Grayscale Investments' case against the U.S.
For investors living on the digital edge, bitcoin is starting to look a little old-fashioned.
Satoshi Nakamoto would be proud. Adolescent bitcoin may finally be repaying its creator's faith.
The world of stablecoins is suddenly looking shaky.
New York's chief financial regulator has ordered Paxos, the company behind the stablecoin of major crypto exchange Binance, to stop issuing the token, Paxos and the regulator said in separate statements on Monday.
Last year was the worst on record for cryptocurrency heists, with hackers stealing as much as $3.8 billion, led by attackers linked to North Korea who netted more than ever before, a U.S.-based blockchain analytics firm said in a report on Wednesday.
Big investors are dipping their toes into crypto waters again after a bumper month for bitcoin.
A lawyer for the bankrupt Genesis Global Capital said on Monday that the cryptocurrency lender had some confidence it could resolve its disputes with creditors this week, with a goal of emerging from Chapter 11 by late May.
Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S.
Bitcoin's looking steady in 2023. But it's only been a week.
The crypto industry's woes continued on Thursday as plunging deposits, layoffs and a lawsuit added to the tumult of 2022, which was dominated by sinking prices and high-profile bankruptcies.
Binance, the world's biggest crypto exchange, saw withdrawals of $1.9 billion in the last 24 hours, blockchain data firm Nansen said on Tuesday, as the platform said it had "temporarily paused" withdrawals of the USDC stablecoin.
The Netherlands is the world's biggest tulip producer and also the second biggest agricultural exporter overall after the United States, with much grown in greenhouses.
"I'm nearly bankrupt," says Jad Fawaz, a crypto trader in Abu Dhabi. "I'm laughing because there's no point in exerting more depression and more frustration about it."
Turmoil in the cryptocurrency industry has rattled major exchanges and sent the value of digital assets tumbling, but at least one group stands to gain: bankruptcy lawyers.
As the crypto castle crumbles, some true believers say the answer is to double down on DEX. Decentralized exchanges, that is.
Crypto products and funds saw inflows of $44 million, as of the week ended Nov. 18, but 75% of those flows represented investments in short crypto products, data showed.