/cloudfront-us-east-2.images.arcpublishing.com/reuters/GDB4YV3UQFNHJMGZVA7FACCKJ4.jpg)
LONDON, Dec 19 (Reuters) – The world’s biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token. The exchange said it dealt with net outflows of around $6 billion over 72 hours last week “without breaking stride” because … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/7QVSYVEXYFOPXLT6M3RBW4YWBU.jpg)
Dec 13 (Reuters) – Plucky bitcoin’s been holding steady since seeing off the chaos of the FTX collapse, gathering its strength to rally towards the dizzy heights of $30,000 in 2023. Battered bitcoin’s been unresponsive since being clobbered by the FTX collapse, taking in a deep ragged breath before plunging towards the depths of $5,000. … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/BE5Q5YJS3RNQXENCM3WMPXUTKM.jpg)
Nov 28 (Reuters) – Bitfront, a U.S. crypto exchange backed by Japanese social media firm Line Corp, said it has suspended new sign-ups and credit card payments and will cease operations in a few months despite efforts to overcome challenges in the rapidly evolving industry. “However, despite our efforts … we have regretfully determined that … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/NYIG7YKQGVLBTFRVKAD2YL4SAA.jpg)
NEW YORK, Nov 15 (Reuters) – Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday. Citigroup Inc , HSBC Holdings Plc (HSBA.L), Mastercard Inc (MA.N) and Wells Fargo & Co (WFC.N) are among the financial companies participating in the experiment alongside … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/VHZXVTOXGRLIBNCGJ6BU2NCKKY.jpg)
Nov 10 (Reuters) – (This story contains language some readers may find offensive in paragraph 2) On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off-guard with a somber message. “I’m sorry,” he told them. “I fucked up.” The reason for the mea culpa: His announcement half an hour earlier that … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/HIDVAZOKRFI2JIH7BSDAMKEB2A.jpg)
Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 20 (Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto prices. The Ethereum blockchain’s mega-upgrade finally went … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/36XAVNUD7ZKANCOL2HEUR2FOKU.jpg)
Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept 19 (Reuters) – Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy on risky assets with interest rate rises looming around the world. Bitcoin , the biggest cryptocurrency by market value, fell about 5% to a three-month … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/QQABWUBD6JJ3JJLRDJTC3IQMFI.jpg)
Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 13 (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/OYDHPYZAUZL6ZL4SDUAX6PV53M.jpg)
A representations of cryptocurrency Ethereum is seen in front of a stock graph and U.S. dollar in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 9 (Reuters) – Ethereum, the blockchain that underpins the world’s second-largest crypto token ether, will soon undergo a major … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/VEMNAX3DIBMGZGCA5HIDFVEFVM.jpg)
Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug 19 (Reuters) – Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week low. Bitcoin fell as much as 7.7% to $21,404 over a few minutes during the … Read more