According to reports, cryptocurrency exchange Zipmex has not received the latest payment under the acquisition agreement with venture capital firm V Ventures.
European banks are heading into the weekend with fresh worries about their future, as shares of Deutsche Bank plunged more than 7% on the New York Stock Exchange on March 24 after a day of losses in Frankfurt.
Hong Kong-based blockchain gaming technology developer Animoca Brands has lowered its metaverse fund target by a further 20% to $800 million, Reuters reported, citing people familiar with the matter.
The U.S. Federal Reserve released an 86-page report on March 24 detailing the reasons for rejecting Custodia Bank’s application to join in January, including the bank’s foray into the crypto space.
Venezuela’s energy provider has shut down crypto mining facilities across the country as part of a restructuring of the state’s crypto sector and an ongoing corruption investigation involving the country’s oil company.
The U.S. Securities and Exchange Commission (SEC) announced on Wednesday that Tron founder Justin Sun and his company violated securities laws, charging him with market manipulation, fraud and airdropping unregistered securities to investors.
Republican Senator Ted Cruz proposed legislation late Tuesday to block the issuance of central bank digital currencies (CBDCs) in the United States, joining a growing number of high-profile Republican politicians opposing the idea.
U.S. Senators Elizabeth Warren and Ron Wyden said they were "disappointed" by the Public Company Accounting Oversight Board's (PCAOB) failure to hold auditors accountable for "bogus" crypto audits.
Shares in Germany's largest lender, Deutsche Bank, started to tumble on Friday as worries over the financial sector continued to spread following a string of global bank failures this month. Meanwhile, the cost of insuring the bank against a possible failure has risen to a four-year high.
American venture capital investor and entrepreneur Tim Draper advises founders to keep at least two bitcoins worth of cash Or alternative cryptocurrencies, among other diversification proposals in response to the uncertainty surrounding the collapse of Silicon Valley Bank (SVB).
Banking turmoil and regulatory crackdowns across the globe have not slowed down the continued convergence of traditional finance and decentralized finance (DeFi).
Optimistic lending protocol Kokomo Finance is involved in a $4 million “exit scam” in which user funds were withdrawn from the platform through smart contract vulnerabilities.
Cryptocurrency companies established in Hong Kong have reportedly found some unexpected allies in the region Chinese state-owned banks ahead of the introduction of a new cryptocurrency exchange licensing regime in June.
U.S. authorities are reportedly considering "extending" the bank's emergency credit line, which could give First Republic Bank a time buffer to fix its balance sheet, according to people familiar with the matter.
Terraform Labs co-founder Do Kwon will reportedly appeal a court decision to extend his detention for up to 30 days after he was arrested in Montenegro for attempting to use forged documents.
The CEO of California-based Titanium Blockchain has been sentenced to four years in prison - ending a 2018 initial coin offering (ICO) saga that robbed investors of $21 million.
Brazilian supermodel Gisele Bündchen said her financial advisor prompted her to invest in now-bankrupt exchange FTX, describing it as "a nice golden" opportunity.
