Page 12 - Cryptocurrency

Bitcoin soars above $84,000 as Donald Trump's win boosts crypto prospects

Trump's decisive victory in the presidential election has prompted celebratory chest-thumping from the digital-asset industry

FTX sues Binance, Ex-CEO Zhao seeking 'fraudulently transferred' $1.8 bn

Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison

Bitcoin rises above $80,000 for first time on optimism over Trump's victory

The cryptocurrency climbed as much as 4.7% to an unprecedented $80,092 on Sunday

What a Trump victory means for tech world: Boost for crypto, Musk

Another Trump presidency will be good for crypto and Elon Musk, but every big tech company may not benefit

Bitcoin hits record as traders bet Trump's victory will boost crypto

Bitcoin is the one asset that was always going to soar if Trump returned to the White House," said Russ Mould, investment director at AJ Bell, a British online investment platform. After touching its

Bitcoin hits record high as traders bet on Trump's win in election

(A) Democrat win would have felt like a short term nail in the coffin," he said. "Probably not the case long term but the market is placing high importance on it." Smaller cryptocurrency ether also

Bitcoin tops $71,000 for first time since June as US election nears

Bitcoin is viewed by some as a so-called Trump trade because Republican presidential nominee Donald Trump embraced digital assets during campaigning

9,000 WazirX users wrongly receive moratorium support confirmation

WazirX, which is facing liabilities amounting to $546.5 million, had floated a user poll to measure potential interest in its moratorium application

WazirX creditors quiz founder, legal team on firm restructuring in townhall

Investors raised their concerns about losing out on a potential bull run in Bitcoin prices in the next six months

US SEC appeals decision that restricted its ability to regulate crypto mkts

The decision by US District Judge Analisa Torres meant the sales of the token, totaling about $757 million, were not subject to investor protection laws

Singapore court grants 4-month moratorium to WazirX after $230 mn hack

Thankful for the court's decision, it will allow us to focus on our path to resolution, recovery and restructuring, says Nischal Shetty, co-founder, WazirX

Donald Trump launches cryptocurrency venture World Liberty Financial

Experts have said a presidential candidate launching a business venture in the midst of a campaign could create ethical conflicts

Two more offshore crypto bourses may get nod to resume India operations

The financial intelligence unit is reportedly reviewing requests from four crypto exchanges previously banned for non-compliance with anti-money laundering laws

WazirX hacker behind $234 mn crypto theft in India starts washing funds

Blockchain intelligence firm Arkham Intelligence highlighted the flows, which underline the difficulty of recovering the digital assets

WazirX hacker behind $234 mn crypto theft in India starts washing funds

Blockchain intelligence firm Arkham Intelligence highlighted the flows, which underline the difficulty of recovering the digital assets

Cryptoverse: Bitcoin ETFs take $50 bn baby steps toward bigger milestone

The path to wide acceptance as a mainstream asset may be slow and twisting

Binance Holdings to hire 1,000 people as compliance spending tops $200 mn

Chief Executive Officer Richard Teng, who is visiting the US to talk to monitors and officials, outlined the employment goals for the world's largest crypto trading platform

To ban or regulate? Govt's cryptocurrency paper likely by October 2024

In October 2023, G20 finance ministers and central bank governors adopted the roadmap on crypto assets proposed in the synthesis paper, calling for its swift and coordinated implementation

Legal bind for cryptocurrency investors caught in WazirX's fine print

The fine print in WazirX's user agreement limits the options available for dispute resolution

Capula, Schonfeld, Point72 among hedge funds riding Bitcoin ETFs: Report

Among the most well-known buyers that have emerged are hedge funds like Millennium Management, which held shares in at least five Bitcoin ETFs