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⿻ 3574 results found.

Crypto-laundering suspect arrested as dutch cite link to Tornado
Dutch authorities arrested a 29-year-old man in Amsterdam suspected of being involved in concealing criminal financial flows and facilitating money laundering through cryptocurrency service Tornado Cash.
Aug 12
12:29 PM
Derivatives Suggest a 'Sell-the-News' End to the Ethereum Rally
Ether is surging in anticipation of a groundbreaking software upgrade to its blockchain. Sophisticated traders are positioning for the rally to continue until that happens -- and then for the cryptocurrency to plummet afterward. (ETH )
Aug 12
05:21 AM
China Crypto Mogul Seeks to Sell Huobi Stake at $3 Billion Value
Huobi Group founder Leon Li is in talks with a clutch of investors to sell his majority stake in the crypto-exchange at a valuation of as much as $3 billion, in what could be the industry's largest takeover since a $2 trillion global crypto rout began.
Aug 11
11:20 PM
Coinbase's Stock Rebound Obscures Market Share Loss to Peers
The doubling of Coinbase Global Inc.'s stock since the end of June is masking one of the biggest concerns for investors -- the largest US cryptocurrency exchange is losing ground.
Aug 11
06:32 AM
Unlockingthe Value in NFTs
At the recent Bloomberg Crypto Summit in NYC, a panelled by Managing Editor Stacy-Marie looked at innovative ways to harnessNFTs.
Aug 11
02:29 AM
FTC Probes BitMart Exchange Breach, Marking Agency's First Crypto Case
The Federal Trade Commission is investigating the operators of the BitMart cryptocurrency exchange over a December 2021 hack that led to consumer losses between $150 million and $200 million -- marking the agency's first known probe into crypto markets.
Aug 10
01:43 PM
Ether Leads Crypto Market Surge After CPI Report Release
Cryptocurrencies surged on Wednesday after a softer-than-expected inflation report, with Ethereum leading the pack with a greater-than-7% gain. (ETH )
Aug 10
08:32 AM
Crypto Broker Genesis Says Lending Fell Again in Second Quarter
Genesis, one of the largest cryptocurrency lenders and brokerages for institutional investors, said it originated more than $40 billion in new loans in the second quarter, a 9% drop from the previous three-month period.
Aug 10
07:47 AM
Coinbase disappoints with user forecast, quarterly revenue miss
Coinbase posted a US$1.1 billion second-quarter loss and lower-than-expected revenue as the largest US cryptocurrency exchange was battered by tumbling digital-asset prices.
Aug 09
02:40 PM
Coinbase Falls After Second-Quarter Revenue Misses Estimates
(Bloomberg) -- Coinbase Global Inc. posted a $1.1 billion loss and lower-than-expected revenue as the largest US cryptocurrency exchange was battered by tumbling digital-asset prices.
Aug 09
01:45 PM
Circle Won't Support Ethereum Offshoots After Software Upgrade
Circle Internet Financial, issuer of the crypto stablecoin USDC, said it won't support any offshoots of Ethereum when the blockchain network undergoes a major software update expected to be completed as soon as next month. (ETH )
Aug 09
12:57 PM
Metaverse Crypto Use Raises Systemic Risk, Bank of England Says
Widespread adoption of cryptoassets in a fully developed metaverse may pose a systemic risk to financial stability and would require robust consumer protection frameworks, staffers at the Bank of England said.
Aug 09
08:23 AM
Norwegian Bitcoin Miner Heads North to Escape Record Power Bills
Soaring power prices are forcing a Bitcoin miner and data center operator in southern Norway to head north. (BTC )
Aug 09
05:54 AM
Cash Is Back As Brits Try To Control Spending, Says Post Office
The pandemic brought a shift toward digital payments, but now it seems more and more consumers are turning back to cold hard cash to help budget during the cost-of-living crisis.
Aug 09
02:35 AM
Cathie Wood Says Regulatory 'Uncertainty' Spurred Paring of Ark's Coinbase Stake
Cathie Wood said Ark Investment Management's sale of some of its Coinbase Global Inc. holdings last month came after what the firm viewed as regulatory uncertainty in the cryptocurrency world.
Aug 08
12:06 PM
Goldman Sachs Lends $150 Million to Mexican Startup Clara
Goldman Sachs Group Inc has extended a $150 million credit line to Mexican startup Clara, which lends to corporations and helps manage their spending, the latest Latin American fintech to receive support from the New York-based banking giant.
Aug 08
05:44 AM
Asian Crypto Lender Hodlnaut Halts Withdrawals
Hodlnaut, a cryptocurrency lender operating in Asia, said it has halted withdrawals making it the latest company in the digital-assets sector affected by a series of defaults.
Aug 08
04:09 AM
Is Gaming a Good Use Case for Blockchain?
Addingdigital assets and NFTs to an alreadyhuge and complex industry has the potential to create even more complications. Here's what youneed to know.
Aug 08
02:21 AM
Zipmex to Ease Some Bitcoin, Ether Withdrawals After Altcoins
Asia crypto exchange Zipmex Pte will allow users to partially withdraw Bitcoin and Ether from their trading accounts starting later this week, providing some relief to those caught by the recent meltdown in the digital asset market. (BTC )
Aug 08
01:29 AM
Crypto Business Leaving Japan Due to High Tax, Entrepreneur Says
Japan should reduce corporate taxes on crypto to prevent entrepreneurs leaving the country, one of the nation's most high-profile crypto businesspeople said.
Aug 08
12:33 AM
Crypto Miner Pushback Suggests Ethereum Offshoots Are Coming
A monkey wrench is about to be thrown into the already complicated transition that the Ethereum blockchain is slated to go through soon. (ETH )
Aug 06
08:05 AM
Bankrupt Crypto Broker Voyager Plans to Resume Cash Withdrawals
Crypto platform Voyager Digital LLC, which filed for bankruptcy protection last month, said it expects to resume user access to the app for cash withdrawals next week.
Aug 05
12:18 PM
Lambo Dealers Are Keeping Warm Despite Crypto Winter
Many crypto buyers have been consumed by a single, persistent question as they've watched the prices of coins rise and fall over the past few years: When Lambo?
Aug 05
04:20 AM
Schibsted Prepares Sale of Loan Marketplace Lendo
Schibsted ASA, the largest Scandinavian media group, is preparing to kick off a sale of its Lendo fintech business, people with knowledge of the matter said.
Aug 04
07:44 AM
Buy Crypto Now, Pay for It Later
Does the popularonline shopping optionwork for digital assets?
Aug 04
02:21 AM
Solana Brings Crypto to Real World While Virtual Setbacks Abound
The hack of thousands of digital wallets related to Solana was the talk of the crypto world Wednesday, except at the recently opened retail space dedicated to the blockchain network that is located in New York's Hudson Yards.
Aug 03
01:35 PM
Jefferies Hires Credit Suisse Fintech Banker David Goldstein
Financial technology investment banker David Goldstein is leaving Credit Suisse Group AG for Jefferies Financial Group Inc., according to people familiar with the matter.
Aug 03
08:41 AM
Bitcoin Miner Made Millions in Credits by Shutting Rigs During Texas Heat
Riot Blockchain Inc. earned about $9.5 million in credits last month from shutting down its Bitcoin mining rigs at a Texas facility while the region weathered a historic heatwave. (BTC )
Aug 03
08:26 AM
Binance Co-Founder He to Lead $7.5 Billion VC Arm in Shuffle
Binance, the world's biggest crypto exchange, said its co-founder Yi He will serve as the new head of venture capital arm Binance Labs, replacing Bill Chin, who left earlier this year.
Aug 03
07:59 AM
MicroStrategy's Saylor Drops CEO Role as CompanyPosts $1 Billion Loss
MicroStrategy Inc. said co-founder Michael Saylor will no longer serve as chief executive officer and will assume the new role of executive chairman as the enterprise-software maker reported a second-quarter loss of about $1 billion, after taking a $917.8 million impairment charge related to the decline in the value of the Bitcoin it holds. (BTC )
Aug 02
01:44 PM
Robinhood Veterans' Fintech Raises $60 Million in Funding Round
Parafin, a financial-technology startup run by former Robinhood Markets Inc. staffers, raised $60 million in its second funding round.
Aug 02
07:00 AM
Funding Disparity Widens for UK Female Fintech Founders in 2022
Funding for UK female-driven fintechs dropped by two-thirds in the first half of this year compared with the same period last year, widening the gender investment gap in the male-dominated industry.
Aug 02
04:01 AM
Crypto Bridge Nomad Drained of Nearly $200 Million in Exploit
Nomad, a bridge protocol for transferring crypto tokens across different blockchains, lost close to $200 million in a security exploit on Monday, according to security firm PeckShield Inc.
Aug 02
01:08 AM
Bitcoin Down for Third Day as Caution Washes Over Global Markets
A bout of jitters in global markets over deepening US-China tension weighed on cryptocurrencies, pushing Bitcoin lower for a third day. (BTC )
Aug 01
11:35 PM
Billionaire Steve Cohen Exits Investment in Crypto Startup Radkl
Hedge fund billionaire Steve Cohen exited his investment in cryptocurrency trading startup Radkl, according to a spokesperson for the digital-asset company.
Aug 01
05:15 PM
Binance.US DelistsAmp Token That SEC Deemed a Security
(Bloomberg) -- Crypto exchange Binance.US announced Monday that it's delisting one of the crypto assets the US Securities and Exchange Commission identified as a security in a recent insider-trading case.
Aug 01
03:29 PM
Revival of Bear Market's Laggards Shows Perils of July Rebound
Last month, an index of meme stocks rallied 12% and Cathie Wood's flagship exchange-traded fund added 13%. Even cryptocurrencies recovered in July, with Bitcoin posting its best month since October. (BTC )
Aug 01
01:27 PM
Uber Misses Out on Reopening Trade as Investors Crave Profitability
Consumers have rediscovered the desire to travel following the pandemic, but the reopening trade isn't filtering through to ride-hailing companies, which are poised to report quarterly results in an unfriendly environment for the stocks. (CRAVE )
Aug 01
08:23 AM
Short Bets Against MicroStrategy Surge to a Record After Its Shares Rebound
Skeptics who are betting against MicroStrategy Inc.'s Bitcoin strategy are piling onto positions that the cryptocurrency company's latest rebound will flame out. (BTC )
Aug 01
08:05 AM
Women's Health, Semiconductors, Crypto Spur Recharge Capital Dealmaking
Some of the world's most controversial and crisis-prone sectors are exactly where Lorin Gu wants to put his firm's $6 billion of capital.
Aug 01
07:38 AM
North Koreans Suspected of Using Fake Resumes to Steal Crypto
Suspected North Korean thieves are plagiarizing resumes and pretending to be from other countries as part of a wider effort to raise money for the government in Pyongyang, according to interviews with cybersecurity experts and data provided to Bloomberg News.
Aug 01
05:45 AM
Pearson Says Blockchain Could Make It Money Every Time E-Books Change Hands
The chief executive officer of Pearson Plc, one of the world's largest textbook publishers, said he hopes technology like non-fungible tokens and the blockchain could help the company take a cut from secondhand sales of its materials as more books go online.
Aug 01
03:29 AM
Singapore Grants Vauld Parent Three-Month Creditor Protection
The Singapore High Court granted the parent of troubled crypto lender Vauld a three-month protection from creditors, giving the company breathing room as it seeks to sell itself to rival Nexo.
Aug 01
03:11 AM
'Wen Flippening?' Crypto Fans Wager on Ether Surpassing Bitcoin
Bitcoin, the world's biggest cryptocurrency, has always reigned supreme in the land of digital assets. But now, thanks to an eye-popping surge by Ether, fans of the No. 2 token by market value are reviving predictions that it is destined to one day take over the throne. (BTC )
Jul 31
08:08 AM
Crypto Wallet Maker Ledger Seeks New Funding at Higher Valuation
Ledger, which makes hardware wallets for crypto investors, is in talks to raise at least $100 million in a funding round that will give it a higher valuation than what it commanded at its most recent financing, according to people familiar with the plans who declined to be identified discussing confidential matters.
Jul 30
09:07 AM
Fintech Startup Orchard Seeks $75 Million in Convertible Funding
Orchard, a startup that offers cash to homebuyers upfront so they can purchase a new residence before selling their old one, is seeking to raise about $75 million, according to people with knowledge of the matter.
Jul 29
12:20 PM
Ex-Voyager Executive Explores Competing Restructuring Plan for Crypto Lender
An erstwhile executive of bankrupt crypto lender Voyager Digital Ltd. is exploring a competing restructuring plan that would oust existing management and take the platform out of the lending business.
Jul 29
10:53 AM
Troubled Crypto Lender Babel Lost Big While Trading Client Funds
Babel Finance, the Hong Kong-based crypto lender that froze withdrawals last month, incurred massive losses while using customer funds for its own proprietary trading, according to a restructuring plan seen by Bloomberg.
Jul 29
10:44 AM
Ethereum Leads Crypto Rally on Energy-Efficiency Optimism
Cryptocurrencies rallied for a second day, with Ether-related tokens leading gains, as risk aversion eases and optimism grows about the long-anticipated software upgrade of the blockchain network. (ETH )
Jul 28
10:19 AM
Three Arrows Liquidators May Try to Force Founders to Cooperate
Liquidators overseeing the wind-down of Three Arrows Capital may soon try to force founders Kyle Davies and Su Zhu to help clean up the mess left behind by the crypto hedge fund's collapse.
Jul 28
09:44 AM

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