CoinDesk broke big news about FTX. Now the news is closer to home.Complications for CoinDesk are even greater. One of the businesses owned by its parent company, Digital Currency Group, a venture capital f...
16 Jan, 2023, 06.26 PM IST
BlockFi says it repaid investor $15 million to settle over crypto crashThe settlement resolved claims by the investor, identified only as "Counterparty A," who had purchased equity shares that were issued as pa...
10 Jan, 2023, 05.21 PM IST
Crypto exchange Huobi to lay off 20% of staffSun, a Chinese cryptocurrency entrepreneur who is also a member of Huobi's global advisory board, said in an internal memo to Huobi staff t...
06 Jan, 2023, 03.14 PM IST
Govt unveils revamped data bill; Twitter staff start leaving after Elon Musk's ultimatumIn August, the union government withdrew the Personal Data Protection Bill, 2021 after working on it for five years. It said it would soon ...
18 Nov, 2022, 07.27 PM IST
FTX's new CEO helped bolster Enron victims' recoveryJohn J. Ray III took over from founder Sam Bankman-Fried as FTX's chief executive after a disastrous week for the company that started with...
15 Nov, 2022, 04.48 PM IST
Zomato Q2 net loss narrows to Rs 251 crore; Amagi raises over $100MFood delivery firm Zomato reported its Q2 (July-September) earnings on Thursday evening. Company’s consolidated net loss narrowed more than...
10 Nov, 2022, 08.14 PM IST
US probes FTX empire over handling of client funds and lendingThe investigations by the Securities and Exchange Commission and the Commodity Futures Trading Commission relate to the liquidity crisis at...
09 Nov, 2022, 10.23 PM IST
ETtech Explainer: FTX’s collapse jolts crypto, raises monopoly fearsIf Binance acquires FTX, it will be bigger in terms of volume than the other eight biggest crypto exchanges combined and control an estimat...
09 Nov, 2022, 07.55 PM IST
Don't borrow if you run a crypto business: Binance CEO Changpeng ZhaoZhao also said that all crypto exchanges should do merkle-tree proof-of-reserves. In bitcoin and other cryptocurrencies, Merkle trees serve...
09 Nov, 2022, 08.19 AM IST
CCI’s Google fines draw global interest; crypto giant Binance to acquire rival FTXAntitrust regulators in Australia and Germany are among those following recent action by the Competition Commission of India against Google...
09 Nov, 2022, 07.20 AM IST
World's largest crypto exchange Binance to acquire rival FTX unitThe company had signed a non-binding agreement to buy rival FTX's unit, FTX.com pending due diligence, Zhao said. However, Binance has the ...
08 Nov, 2022, 11.19 PM IST
Crypto week at a glance: Bitcoin tops $21,000; Dogecoin in focus after Musk's Twitter takeoverThe payments giant is one of many that have gathered in the crypto space. Last Thursday, Visa filed for trademarks for cryptocurrency walle...
06 Nov, 2022, 10.46 AM IST
Richest billionaires lose $1.4 trillion in worst half everIt’s a sharp departure from the previous two years, when the fortunes of the ultra-rich swelled as governments and central banks unleashed ...
02 Jul, 2022, 10.06 AM IST
Wall Street rallies, weekly losing streak continuesGains were led by a rebound in megacap tech and tech-adjacent stocks, which sold off in recent sessions as benchmark Treasury yields climbe...
14 May, 2022, 11.42 AM IST