Cryptos

Bitcoin (BTC) has again been making headlines and capturing the attention of crypto enthusiasts and traders. The popular digital currency has recently surged to levels not seen in almost eighteen months. Since taking out the $32,000…

October has always been good for…

Before it filed for bankruptcy last November, many of the entities in Sam Bankman-Fried’s colossal FTX empire had never held a board meeting. The crypto exchange operator itself, once valued at $32 billion with $1.8 billion in venture…

A recent World Bank report on the cost of remittances found that the average cost of transferring a relatively modest $200 was 6.3%. Cryptos have slashed that to fractions of a percent in many cases. Remittances, where people living and…

Paxful Loses Trust in Crypto’s Future in the US; Says CEO Ray Youssef declared that Paxful doesn’t see any future for cryptocurrencies in the US.Previously, he announced that the company is suspending the marketplace.Youssef added that…

Binance, the world’s largest digital-asset exchange, indicated a full audit of its assets and liabilities is some way off amid calls for more transparency following the collapse of rival FTX. The company’s goal is to hire an auditor for…

© Reuters. SEC Charges Avraham Eisenberg for Stealing Cryptos Worth $116 M Avraham Eisenberg is charged with market manipulation of the MNGO token, Mango’s governance.Eisenberg was arrested in Puerto Rico in December and will now be…

This year will go down as one of the worst in the short but storied history of cryptos, comparable perhaps with the disastrous Mt. Gox hack of 2014, when thieves made off with 740 000 bitcoin (BTC) from customers and 100 000 from the…

The Iraqi dinar was ahead of its time. Years before Bitcoin was invented, day traders were lured by the viral economic narrative that the Iraqi currency was a ticket to retirement riches following Saddam Hussein’s downfall.Economists and…

The collapse of global exchange FTX has been referred to as crypto’s Lehman Brothers moment. Last month FTX sought voluntary bankruptcy following a run by customers to get their funds out after learning that the company’s balance sheet may…