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Cryptocurrency

Ripple says it will fight the SEC lawsuit ‘all the way through’

by Betti Alver

In 2020, the U.S. SEC accused Ripple and its co-founders of breaching securities laws by selling its native cryptocurrency XRP without first registering it with the SEC. Jakub Porzycki | …

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‘Cryptoqueen’ partner gets 20 years prison in $4 billion ponzi fraud

by Betti Alver

Damian Williams, the top federal prosecutor in Manhattan, speaks at a press conference to announce the addition of “Cryptoqueen” Ruja Ignatova to the FBI’s most-wanted fugitives list, in New York, …

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Bitcoin, helped by possible short squeeze, rebounds from Monday slide

by Claribel Alegria

Jakub Porzycki | Nurphoto | Getty Images The price of bitcoin bounced Tuesday, reversing losses from the previous day that were driven by fears around FTX liquidations. Bitcoin was last …

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Standard Chartered-owned crypto firm Zodia launches in Singapore

by Claribel Alegria

A view of the Standard Chartered bank in Singapore, May 3, 2023. Caroline Chia | Reuters Zodia Custody, a company that helps large institutions store their crypto, launched in Singapore …

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Bitcoin briefly dips under $25,000 ahead of fresh inflation data

by Claribel Alegria

The cryptocurrency market fell to start the week as traders turned their focus to new inflation data and digested the latest in the SEC’s legal battle with Ripple. Bitcoin fell …

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First bitcoin ETF could be coming soon as court rules in favor of Grayscale over SEC

by Lotfi Akalay

The U.S. Court of Appeals for the D.C. Circuit has paved the way for bitcoin exchange-traded funds. On Tuesday, the court sided with Grayscale in a lawsuit against the Securities …

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crypto regulation: Information asymmetry can lead to big losses for crypto investors

by Adam Aitken

As the world transitions from Web2 to a decentralized Web3, there seems to be a wide-spread conviction in the promise of virtual digital assets (VDAs). One of the most popular …

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What it’s like in Europe’s crypto hub Portugal as the U.S. cracks down

by Claribel Alegria

Alexander Spatari | Moment | Getty Images LISBON, PORTUGAL — Matadors and bitcoin maximalists are regulars at Campo Pequeno, a neo-Moorish bullring in the northernmost reaches of the Portuguese capital …

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Texas paid bitcoin miner Riot $31.7 million to shut down in August

by Lotfi Akalay

During the crypto boom of 2021, Riot Platforms was raking in cash from bitcoin mining. Now the company is losing so much money that it’s counting on energy credits from …

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