cryptocurrencies

For many Americans across the country, meals will be had with families on Thursday to celebrate the Thanksgiving holiday. One topic of conversation could be dreaded by some family members. What Happened: The Thanksgiving Day holiday traditions for many include watching parades, eating a delicious...

Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here, new FTX CEO John J. Ray III said in scathing remarks of the mismanagement at bankrupt cryptocurrency exchange FTX. Ray, who was hired after...

El Salvador President Nayib Bukele and Tron cryptocurrency founder Justin Sun plan to accumulate one Bitcoin (CRYPTO: BTC) every day, notwithstanding the possibility of a prolonged crypto winter. “We are buying one #Bitcoin every day starting tomorrow,” Bukele tweeted. Sun, who is also...

Cryptocurrency exchange Huobi has disclosed the quantity and value of its digital assets held in reserves. According to the Seychelles Islands-based company's " inexhaustive overview" of its digital asset holdings, the crypto exchange has: 9.7 billion Tron (CRYPTO: TRX) tokens around...

Major international banks are teaming up with the New York Federal Reserve for a 12-week digital dollar pilot that will attempt to quantify the impact of digital dollar tokens and how their presence in a common database can help speed up payments. Along with payments major Mastercard (NYSE: MA),...

FTX Founder Sam Bankman-Fried on Tuesday said the U.S. arm of the cryptocurrency exchange, which filed for Chapter 11 bankruptcy on Friday, had enough money in its reserves to pay all the customers who lost money due to the collapse of the FTX Token (CRYPTO: FTT), the native token of the...

Cathie Wood's Ark Invest has purchased Grayscale Bitcoin Trust’s (OTCQX: GBTC) shares worth $2.8 million. The deal was announced days after the beleaguered crypto fund’s discount hit a new low. Ark Invest lapped up 315,259 shares of GBTC, according to a disclosure made by the...

More than $600 million in cryptocurrency mysteriously vanished from the wallets of bankrupt exchange FTX (CRYPTO: FTT) late on Friday. Now, a crypto address linked to the alleged drain of the FTX accounts is exchanging decentralized stablecoin DAI (CRYPTO: DAI) for Ethereum...

A day after Binance (CRYPTO: BNB) CEO Changpeng Zhao revealed he would offload all the FTT tokens in the company’s kitty, FTX’s native token (CRYPTO: FTT) nose-dived about 35% and made a low of $15.56, from a high of $23.15 it had made over the last 24 hours. FTT is currently...

Bankrupt cryptocurrency exchange FTX’s affiliated trading firm Alameda Research accumulated large amounts of tokens over the course of a year before FTX announced it would list them, according to an investigation of open blockchain data by analytics company Argus. Blockchain data...

Technology company Wonderfi Technologies Inc (OTC: WONDF) on Monday announced its "Proof of Reserves & Platform Due Diligence Audit" for its operating subsidiaries Bitbuy Technologies Inc. and Coinberry Limited, even as significant cryptocurrency exchanges scramble to...

Kraken had frozen accounts connected to the FTX Group, Alameda Research and their executives after a discussion with authorities. The U.S.-based crypto exchange stated these accounts were frozen to protect FTX creditors while it maintained full reserves and...

Binance CEO (CRYPTO: BNB) Changpeng Zhao on Monday said Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin is planning to come up with a protocol for exchanges to automatically disclose their proof of reserves to users. Asked by Benzinga whether exchanges are sending funds to each...

Canaan (NASDAQ: CAN), a manufacturer of Bitcoin (CRYPTO: BTC) mining equipment, reported lackluster third-quarter financial results on the heels of a difficult few months for the crypto industry. According to the Beijing-based company: Net income plummeted 88% to 61.1 million yuan ($8.6 million)...

Amid the chaos which wiped out more than $100 billion dollars overnight from the cryptocurrency market, there was an epic fall in the price of Bitcoin (CRYPTO: BTC), which made a low of $15,742 on Wednesday. According to a report, 95% of Coinbase Global Inc (NASDAQ: COIN) users are buying...