Cryptocurrency
Cryptocurrency
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The former tech entrepreneur, "Razzlekhan" rapper and accused cryptocurrency thief Heather Morgan has a new job.
January 17 -
Silvergate Capital Corp. reported a $1 billion loss and said it would offboard some noncore digital-asset customers following a quarter that saw a dramatic draw-down in deposits after the collapse of Sam Bankman-Fried's FTX.
January 17 -
Signature Bank of New York is pulling back from crypto deposits and has increased borrowings from the Federal Home Loan Bank of New York.
January 17 -
Crypto pain deepens, credit union merger is official and more in banking news this week.
January 13 - AB - Policy & Regulation
Incoming Financial Services Committee Chairman Patrick McHenry has tapped Rep. French Hill, an Arkansas Republican and former banker, to lead a newly established subcommittee on digital assets, technology and inclusion.
January 12 -
Lenders are getting creative as to what to do with the mining machines they accepted as collateral for the some $4 billion in rig-backed loans they underwrote when the rally in bitcoin seemed unstoppable.
January 12 -
Across the U.S. financial industry, a pattern is emerging of small lenders plowing into crypto and a variety of other hot niches, sending their stocks soaring and eventually crashing.
January 12 -
Thieves have become adept at exploiting digital vulnerabilities, conducting heists that resulted in more than $3 billion in losses last year.
January 12 -
Sam Bankman-Fried offered one of his most detailed descriptions yet of the FTX debacle as he prepares to fight fraud charges, blaming crashing markets and an attack from a rival for the eventual bankruptcy of his exchange.
January 12 -
The Digital Currency Group founder, an entrepreneur who built a career in opaque markets, is now contending with a crisis of confidence among investors suddenly panicking about risks they may not see.
January 11 -
Voyager Digital Ltd. won court approval to sell its crypto platform to Binance.US for $20 million as part of Voyager's plan to liquidate in bankruptcy.
January 11 -
The U.S.-based cryptocurrency exchange Coinbase Global is closing the bulk of its operations in Japan as part of a move to adjust international investment amid a slump in the digital-asset sector.
January 11 -
Two months after Genesis suddenly halted withdrawals and forced Tyler and Cameron Winkelvoss to pause redemptions on Earn accounts, it's harder than ever to believe their customers will recoup the $900 million that is still stuck in limbo.
January 10 -
Revelations that Silvergate has $4.3 billion in Home Loan bank advances highlight another conduit by which the crypto winter could spread to the broader financial system.
January 10 -
The Federal Reserve governor urged regulators not to squeeze crypto activities into non-regulated spaces. She also discussed policies for payments and Community Reinvestment Act reform.
January 10 -
The embattled crypto-service bank got a lifeline of liquidity in the fourth quarter of 2022 from the Federal Home Loan Bank System, raising new questions about both the Home Loan banks' purpose and crypto contagion.
January 10 -
Sustainability and climate change continue to impact the business decisions of banks and fintechs looking to advance their green banking credentials.
January 10 -
The U.S. Commodity Futures Trading Commission filed a lawsuit against crypto trader Avraham Eisenberg for allegedly manipulating the price of swaps contracts as part of a scam to steal $114 million.
January 10 -
Coinbase Global is firing about 950 employees, or 20% of its workforce, as the worsening crypto slump spurs another round of layoffs at the biggest U.S. digital-asset exchange.
January 10 -
Crypto startups are facing a harrowing time attracting private financiers after the collapse of the digital-asset exchange FTX. Venture capital investment in the industry plunged to its lowest level in almost two years during the fourth quarter of 2022, according to data from the research firm PitchBook.
January 9






















