Tag: FTECH

Crypto lender Celsius propped up its token, benefiting insiders – U.S. bankruptcy examiner
Crypto

Crypto lender Celsius propped up its token, benefiting insiders – U.S. bankruptcy examiner

DNNS January 31, 2023

SINGAPORE/LONDON, Jan 31 (Reuters) - Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance ... Read More

U.S. Federal Reserve rejects crypto-focused bank’s application to be supervised by the Fed
Crypto

U.S. Federal Reserve rejects crypto-focused bank’s application to be supervised by the Fed

DNNS January 27, 2023

Jan 27 (Reuters) - The U.S. Federal Reserve on Friday rejected crypto-focused Custodia Bank's application to become a member of the Federal Reserve System, saying ... Read More

Exclusive: Binance moved $346 mln for seized crypto exchange Bitzlato, data show
Crypto

Exclusive: Binance moved $346 mln for seized crypto exchange Bitzlato, data show

DNNS January 24, 2023

LONDON, Jan 24 (Reuters) - Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by ... Read More

Factbox: The many companies in Digital Currency Group’s crypto empire
Crypto

Factbox: The many companies in Digital Currency Group’s crypto empire

DNNS January 20, 2023

Jan 20 (Reuters) - U.S. crypto company Digital Currency Group (DCG) is at the center of the industry's latest meltdown after the lending arm of ... Read More

FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solvent
Crypto

FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solvent

DNNS January 18, 2023

Jan 17 (Reuters) - Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen ... Read More

Cryptoverse: Bitcoin is back with a bonk
Crypto

Cryptoverse: Bitcoin is back with a bonk

DNNS January 17, 2023

Jan 17 (Reuters) - Bitcoin is on the charge in 2023, dragging the crypto market off the floor and electrifying bonk, a new meme coin.The ... Read More

Revolut close to finalising 2021 accounts as fintech seeks U.K. licence – sources
Fintech

Revolut close to finalising 2021 accounts as fintech seeks U.K. licence – sources

DNNS January 13, 2023

LONDON, Jan 13 (Reuters) - Fintech firm Revolut Ltd. is close to finalising its long-overdue 2021 financial accounts, a move that could pave the way ... Read More

DCG’s crypto broker Genesis owes creditors more than $3 bln – source
Crypto

DCG’s crypto broker Genesis owes creditors more than $3 bln – source

DNNS January 12, 2023

Jan 12 (Reuters) - Crypto broker Genesis owes creditors more than $3 billion, a person familiar with the matter told Reuters, as woes pile up ... Read More

Failed crypto exchange FTX has recovered over $5 bln, attorney says
Crypto

Failed crypto exchange FTX has recovered over $5 bln, attorney says

DNNS January 11, 2023

FTX valued a year ago at $32 blnOver $8 billion in FTX customer funds missingPlan to sell FTX affiliates presented in courtNEW YORK/WILMINGTON, Del., Jan ... Read More

Cryptoverse: Bitcoin digs in for a bumpy new year
Bitcoin

Cryptoverse: Bitcoin digs in for a bumpy new year

DNNS January 10, 2023

Jan 10 (Reuters) - Bitcoin's looking steady in 2023. But it's only been a week.Cryptocurrencies have crept into the new year, licking their wounds after ... Read More