A $200,000 pet-rock NFT shows how crypto is relapsing into FOMO“As prices rise, investors on the sidelines think they need to get in,” said Campbell Harvey, a finance professor at Duke University. “Many...
25 Nov, 2023, 12.26 PM IST
What charges was Sam Bankman-Fried convicted of?Prosecutors say Bankman-Fried embezzled customer money to plug losses at Alameda Research, a crypto hedge fund he owned, as well as to make...
03 Nov, 2023, 02.48 PM IST
Explained: What charges does Sam Bankman-Fried face over FTX's collapse?Bankman-Fried, who will go on trial on Tuesday, faces seven charges. He has pleaded not guilty. Here are all the charges explained.
03 Oct, 2023, 04.31 PM IST
US SEC charges FTX's former auditor over independence violationsThe U.S. Securities and Exchange Commission (SEC) has charged accounting firm Prager Metis with multiple violations of auditor independence...
30 Sep, 2023, 11.18 AM IST
Why private capital in India is ready for a resetDespite the recent downtrend, Indian private capital markets have come of age. At more than US$50 billion a year, private equity (PE) and v...
12 Mar, 2023, 06.20 PM IST
Another crypto company goes bustOne of the world’s largest crypto lenders, Genesis froze withdrawals in November after the spectacular collapse of FTX.
22 Jan, 2023, 12.18 PM IST
Crypto Price Today Live: Bitcoin below $17K; Dogecoin, Shiba Inu & Cardano shed up to 5%CoinDCX published its proof of reserves with an audited report on Monday, which furnishes both sides of its reserve balance i.e. assets and...
20 Dec, 2022, 12.48 PM IST
Binance's books are a black box, filings show, as crypto giant tries to rally confidenceThe exchange said it dealt with net outflows of around $6 billion over 72 hours last week "without breaking stride" because its finances ar...
19 Dec, 2022, 06.40 PM IST
The crypto industry struggles for a way forwardExecutives who just a year ago were reveling amid crypto's seemingly unstoppable growth are now scrambling to prove that they can learn fro...
06 Dec, 2022, 09.53 AM IST
The crypto industry struggles for a way forwardLast month, the actions of a single crypto firm - the $32 billion exchange FTX - plunged the emerging industry into its own version of a 20...
05 Dec, 2022, 07.01 PM IST
Why India may not face FTX kind of cryptocurrency meltdownAs the rules stand now, all securities are held by the clients at depositories and unused funds are sent back into customer accounts period...
24 Nov, 2022, 11.56 PM IST
At least $1 billion of client funds missing at Sam Bankman-Fried's FTXFTX's founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Rese...
12 Nov, 2022, 11.04 AM IST
Credit cards on UPI soon, says RBI; two senior execs quit BharatPe in post-audit churnThe move is expected to boost the use of UPI, which clocked 594.6 crore transactions totalling Rs 10.40 lakh crore in May alone.
08 Jun, 2022, 07.37 PM IST
How to avoid 'rug pulls,' the latest cryptocurrency scamThe scam, which gets its name from the expression "pulling the rug out," involves a developer attracting investors to a new cryptocurrency ...
28 May, 2022, 12.21 PM IST