The world's largest cryptocurrency exchange won't allow deposits or withdrawals involving U.S. currency and accounts beginning Wednesday.
Elon Musk's car maker revealed it lost $ 204 million in “impairment losses” on bitcoin last year and managed to recoup just $64 million through trading.
The ACCEPT Resolution could see the Capitol Complex accepting cryptocurrency for payment at vending machines.
The Hermit Kingdom's hackers have been accused of pillaging cryptocurrency projects for years.
The world’s biggest exchange has reportedly been under investigation by federal law enforcement for nearly four years.
A small-town bank and its parent company received a multi-million dollar investment from Alameda to transform the company into a crypto/weed business.
CoinDesk is reportedly thinking about selling its site after the debacle involving Sam Bankman-Fried and FTX, which was first reported by CoinDesk.
House Speaker Kevin McCarthy and Senate Majority Leader Chuck Schumer are part of a group of 196 lawmakers who received FTX money, a new report says.
The exchange has also seen a continuing wave of withdrawals over the past few months as it has tried to convince customers it has enough collateral to survive.
“Today’s sentence makes clear that the cryptocurrency markets are not lawless,” one prosecutor on the case said.
CEO Brian Armstrong announced the layoffs and broader cost cuts in a message to employees on Tuesday. About 950 people lost their jobs.
The company now has a reported workforce of 160, down from 245 after this second round of layoffs.
The cryptocurrency exchange was not properly vetting users upon signup, leading to criminal activity running unmoderated on the platform.
One of the original developers behind crypto's most popular token says that hackers ripped him off late last year and stole nearly all of his BTC.
The company plans to keep mining as it reaches a deal with its lenders, who harbor most of the debt.
Binance announced they wanted to support a “regulatory framework” for crypto, and the exchange has replaced FTX in buying the failed Voyager Digital's assets.
Mazars, the company that conducted Binance's ‘proof-of-reserve’ review, no longer has a working website, though CEO Changpeng Zhao has resisted a full audit.
Changpeng “CZ” Zhao told staff and anybody else who would listen that even $3.7 billion in withdrawals wouldn’t sink their ship.
Warren said the crypto industry should face the same scrutiny as banks or Western Union, but
CEO Changpeng Zhao said the pause is the result of a token swap with the USDC stablecoin.
