Crypto

Bitcoin sinks further 70% in Standard Chartered list of possible 2023 upsets

Speculators cleaving to the view that the crypto rout is mostly over are at risk of a rude awakening in…

2 days ago

Binance buys Japanese crypto exchange Sakura

TOKYO, Japan | The world’s largest cryptocurrency platform Binance on Wednesday announced its first licence in East Asia with the acquisition…

7 days ago

Bankman-Fried says collateral crashed by US$51b as FTX fell

Sam Bankman-Fried, disgraced founder of the now collapsed crypto exchange FTX and trading house Alameda Research, apologized to staff in…

2 weeks ago

Bankrupt FTX hit by mysterious outflow of about US$662m

Sam Bankman-Fried’s bankrupt digital-asset exchange FTX was hit by a mysterious outflow of about $662 million in tokens in the…

3 weeks ago

Binance backs out of FTX rescue, citing finances, investigations

CHANGPENG “CZ” Zhao (picture) walked away from his bailout for Sam Bankman-Fried’s FTX.com almost as quickly as he offered a rescue.…

4 weeks ago

Sam Bankman-Fried bows to rescue from Binance’s CZ as FTX buckles

BILLIONAIRE Changpeng “CZ” Zhao became the undisputed king of the crypto world on Tuesday, shocking the industry with a move…

4 weeks ago

Terra founder Kwon says he hasn’t seen Korean arrest warrant

Crypto fugitive Do Kwon, who faces charges in South Korea related to his collapsed stablecoin ecosystem, said he’s cooperating with…

2 months ago

Crypto hackers set for record year after looting over RM13b

CRYPTOCURRENCIES may have crashed this year but they remain a digital cash-machine for one potent constituency: Hackers. At least US$718…

2 months ago

A US$568m hack of Binance Coin roils crypto sector anew

AN ALREADY bad year for cryptocurrencies took another turn for the worse after a US$568 million (RM2.64 billion) hack affecting…

2 months ago

Key player in Ethereum infrastructure Infura rejects centralization claim

ONE of the most influential entities in crypto is pushing back in its own way against criticism that Thursday’s revision…

3 months ago

Terra founder Do Kwon says he ‘never’ has been in touch with Korea authorities

DO KWON, the co-inventor of the failed Terra stablecoin system whose collapse wreaked havoc in the crypto sector, said investigators…

4 months ago

US sanctions crypto ‘laundering’ service Tornado

WASHINGTON – The US placed sanctions Monday on Tornado Cash, a leading “crypto mixer” for transactions in virtual currency that…

4 months ago

Bitcoin believers are back to watching stocks after crypto crash

AFTER a gut-wrenching bout of turbulence and existential angst, digital-asset investors are back to focusing on the mood of the…

4 months ago