Bitcoin

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.

Solana, a poster coin of the crypto future, is in trouble.

The US authorities have been able to unearth a huge stash of nearly £3 billion in bitcoin stolen almost a decade ago.

After months of tears and tantrums, bitcoin wants to split up with stock markets.

A growing number of funds are betting on the long-term appeal of bitcoin and ether, a gritty gambit in the depths of a crypto winter.

Cryptocurrency sceptics look to bend the ear of regulators

Celsius Network LLC on Tuesday sued a former investment manager, accusing him of losing or stealing tens of millions of dollars in assets before the crypto lender went bankrupt last month.

The DeFi dream is shaken. And stirred.The grand crypto project has declined in 2022: total user funds deposited in decentralized finance has shrunk to about $61 billion from over $170 billion at the start of the year, according to figures from data aggregator Defi Llama.

Blockchain at heart is a ledger, a way of storing transactions that is -- according to fans -- secure, transparent and permanent.

Retail investors find well-established stocks and bond markets to be more arcane than the wild world of cryptocurrencies.

U.S. crypto firm Nomad has been hit by a $190 million theft, blockchain researchers said on Tuesday.

Celsius and its CEO Alex Mashinsky had billed the platform as a safe place for people to deposit their crypto currencies in exchange for high interest, while the firm lent out and invested those deposits.

If you're waiting for a bitcoin recovery, you may have to sweat it out for months. That's the conclusion of some technical specialists seeking method from the madness.

Global rules are needed to regulate international crypto firms like Binance and "keep markets clean", Britain's Financial Conduct Authority said on Thursday.

The shrimps of the crypto world have joined the whales in a glorious last stand to banish the bleak bitcoin winter.

The European Union on Thursday reached a provisional deal on the world's first set of comprehensive rules to regulate what one lawmaker called the "Wild West" crypto market.

For Jeremy Fong, U.S. crypto lender Celsius was an ideal place to stash his digital currency holdings - and earn some spending money from its double-digit interest rates along the way.

The cryptocurrency industry was on edge on Monday as bitcoin struggled to stay above a key level, with investors fearing that problems at major crypto players could unleash a wider market shakeout.

Major U.S. cryptocurrency lending company Celsius Network on Monday froze withdrawals because of "extreme market conditions," in the latest sign of pressure on the sector from tumbling crypto markets.

Bitcoin slumps under $25,000, lowest in 18 months

As the crypto winter creeps into June, the first signs of a thaw are emerging.

A New York couple accused of laundering $4.5 billion in cryptocurrency tied to the 2016 hack of digital currency exchange Bitfinex are still negotiating a possible plea deal while reviewing more than 1.1 gigabytes of evidence in the case, prosecutors said.

The central bank has warned repeatedly about the risk of investing in volatile digital currencies, and some adopters are taking it carefully.

Fintech users still need to link their digital accounts to licensed banks, requiring a visit to traditional brick-and-mortar branches