Category Archive

Bitcoin miner Riot Platforms Inc said on Thursday it expects to delay its annual financial report as it has to correct errors identified in earlier financial statements.

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Shares of Silvergate Capital Corp slumped 29% in premarket trading on Thursday, after the cryptocurrency-focused lender warned it was delaying its annual report and said it was evaluating its ability to operate as a going concern.

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U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook faith in the industry, people familiar with the matter told Reuters.

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Satoshi Nakamoto would be proud. Adolescent bitcoin may finally be repaying its creator’s faith.

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A push by Group of 20 (G20) president India to regulate cryptocurrencies gained support from both the International Monetary Fund and the United States on Saturday as finance chiefs of the bloc wrap up two-days of talks.

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The International Monetary Fund has laid out a nine-point action plan for how countries should treat crypto assets, with point number one a plea not to give cryptocurrencies such as bitcoin legal tender status.

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The U.S. Securities and Exchange Commission and New York’s top financial regulator have opposed Binance.US’s $1 billion deal to buy defunct crypto lender Voyager, according to court filings, the latest in a string of regulatory moves against crypto firms.

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Coinbase Global Inc reported a fourth-quarter loss on Tuesday, as trading volume at the cryptocurrency exchange came under pressure from an industry-wide downturn triggered by a string of high-profile bankruptcies.

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The world of stablecoins is suddenly looking shaky.

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About $2.5 billion flowed out from Binance’s stablecoin this week, Binance’s CEO said on Twitter, after U.S. regulators turned their sights on the cryptocurrency.

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