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Tag: cryptocurrency

Pakistan decides to suspend online cryptocurrency services

KARACHI: The federal government has decided to ban cryptocurrency services available online in Pakistan, citing the potential risks for the country following its removal...

Bitcoin breaks above $30,000

Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its steady gains as investors...

Do Kwon: US charges Crypto fugitive after reported arrest

Fugitive South Korean cryptocurrency entrepreneur Do Kwon, accused of orchestrating a multi-billion-dollar fraud that shook global crypto markets last year, has been arrested in...

Bitcoin jumps to highest since June

Bitcoin hit a nine-month high on Tuesday, taking gains past 30% in four days as it shrugged off chaos in global markets after last...

Crypto exchange Binance to halt sterling transfers

Binance is halting its sterling deposits and withdrawals, a company spokesperson said on Tuesday, a month after the world's largest crypto exchange ceased dollar...

Silvergate suspends crypto payments network

Silvergate Capital said on Friday it made a "risk-based decision" to discontinue the Silvergate Exchange Network, its crypto payments network, two days after the...

India’s push to regulate cryptocurrency gains IMF, US support

A push by Group of 20 (G20) president India to regulate cryptocurrencies gained support from both the International Monetary Fund (IMF) and the United...

Crypto firm Genesis’s lending unit files for US bankruptcy

 The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, owing creditors at least $3.4 billion, after being toppled by...

SHC seeks reply over FIA’s action against cryptocurrency

KARACHI: The Sindh High Court (SHC) on Friday sought reply from the secretary finance and State Bank of Pakistan over FIA's action against cryptocurrency,...

Cowed crypto crowd feel winter freeze at WEF

In the snow and ice on the main drag in Davos, the impact of the crypto winter is plain for WEF attendees to see. Last...

FTX to return assets to clients from February

The Japanese unit of failed cryptocurrency exchange FTX said on Friday it would return its customer assets from February. FTX Japan is developing a system...

Cryptocurrencies at crossroads after annus horribilis

To borrow from Britain's Queen Elizabeth, 2022 is not a year on which the cryptocurrency world shall look back with undiluted pleasure. Crashes, contagion, collapses...

US Justice Dept is split over charging Binance

Splits between US Department of Justice prosecutors are delaying the conclusion of a long-running criminal investigation into the world's largest cryptocurrency exchange Binance, four people...

FTX secretly funded crypto news site, Axios reports

Cryptocurrency exchange FTX secretly funded media company the Block for over a year with money sent to the Block's chief executive, Axios reported on...

Cryptocurrency meltdown has some gainers too!

Turmoil in the cryptocurrency industry has rattled major exchanges and sent the value of digital assets tumbling, but at least one group stands to...

Crypto lender files for bankruptcy

US cryptocurrency lender BlockFi said on Monday it had filed for Chapter 11 bankruptcy protection along with eight affiliates in a New Jersey court,...

FTX fires three of its top executives

Cryptocurrency exchange FTX, which recently filed for US bankruptcy court protection, has fired three of its top executives, including co-founder Gary Wang, the Wall...

What are FTX’s investors saying?

FTX, formerly one of the world's largest crypto exchanges, is seeking new funding after a rush of customer withdrawals left it on the brink...

FTX scrambles for funds as regulators take action

Regulators froze some assets of distressed cryptocurrency exchange FTX and industry peers raced to limit losses on Friday amid worsening solvency problems at the...

Crypto exchange FTX’s token leads major coins in slide

Cryptocurrencies fell heavily on Tuesday and the in-house token of major crypto exchange FTX slumped by over 15% as investors appeared to take fright...
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