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Ex-SoftBank rainmaker Akshay Naheta eyes stake sale in his stablecoin startupAfter a two-year lull following spectacular blowups in the cryptocurrency market, such as FTX, BlockFi Inc., and Three Arrows Capital Ltd.,...
Sam Bankman-Fried, the fallen wunderkind of cryptocurrencyHe was the face of cryptocurrency, and a young one at that -- a media darling seemingly destined to unite the sector. The young man known a...
Crypto group DCG says bankrupt unit Genesis' creditors renege on dealDCG, a conglomerate in the digital asset space, had been looking to sell Genesis to repay some of the $3.4 billion, at a minimum, it owes c...
Another crypto company goes bustOne of the world’s largest crypto lenders, Genesis froze withdrawals in November after the spectacular collapse of FTX.
Lending unit of crypto firm Genesis files for US bankruptcyGenesis Global Capital, one of the largest crypto lenders, froze customer redemptions on November 16 after FTX stunned the financial world ...
Crypto Price Today: Bitcoin marches towards $17K; Dogecoin continues to fallTop crypto tokens were trading mixed. Bitcoin moved towards $17,000 level. Ethereum regained the $1,200 mark and topped the gainers with a ...
Crypto meltdown: These 5 crypto companies crashed into bankruptcy in 2022For more such web stories click on the ET icon below
BlockFi tells U.S. bankruptcy court it is 'the antithesis of FTX'BlockFi filed for Chapter 11 protection on Monday, citing FTX's collapse and volatility in the crypto markets.
Crypto Price Today: Bitcoin firms at $16k; Dogecoin, Litecoin & Solana gain up to 7%The global cryptocurrency market cap was trading at $825 billion, down about a per cent in the last 24 hours. However, the total trading vo...
Systems, protocols in place to avoid FTX-like crisis: Indian crypto companiesLeading crypto investment platform Mudrex said it always keeps investors informed on all activities regarding their funds; it does not take...
Indian crypto startups assure no FTX-like messAs the FTX contagion continues to reverberate across the crypto ecosystem, investors have been worried about the transparency, reserve leve...
How did FTX fleece the world’s shrewdest investors?In total, FTX raised $1.9 billion from 80 investors in just two years. The now-bankrupt company’s cap table reads like a list of the world’...
Fed Vice Chair Brainard is 'reassured' by inflation reportThe Fed is considering raising rates in smaller increments after having increased its key short-term rate, which affects many consumer and ...
FTX bust may be the last straw for Indian crypto investorsOn Monday, crypto exchange AAX suspended withdrawals while users at another exchange, Bitcoke were facing withdrawal problems. Crypto lende...
Binance-FTX saga: Ongoing bloodbath in crypto and what to expect aheadFor crypto investors, this entire week has been a rollercoaster ride
How Binance, FTX deal rocked the crypto world and then collapsedFTT, the utility token of the FTX exchange, collapsed by more than 40% Wednesday following a tumble of more than 70% Tuesday. But just abou...
Binance pulls out of deal to acquire rival crypto exchange FTXRival Changpeng Zhao, the CEO of a bigger crypto exchange called Binance, agreed to bail out FTX. But FTX's future grew murkier Wednesday w...
FTX signs deal with option to buy BlockFi for up to $240 millionFTX has also agreed to provide BlockFi with a $400 million revolving credit facility, Prince said in a tweet.
Sam Bankman-Fried's FTX says no talks to acquire Robinhood"There are no active M&A conversations with Robinhood," Bankman-Fried said in an emailed statement."We are excited about Robinhood's busine...
Crypto Price Today Live Updates: Shiba Inu, Dogecoin zoom up to 21%; Bitcoin holds $20,000Bitcoin dipped marginally but sustained above $20,000, whereas Ethereum was also under some pressure. Market experts see the volatility in ...