Business

$740M in crypto assets recovered in FTX bankruptcy so far

The company tasked with locking down the assets of the failed cryptocurrency exchange FTX said they've managed to recover and secure $740 million in assets so far, a fraction of the potential billions of dollars likely missing ...

Business

Three out of four bitcoin investors have lost money: study

Roughly three-quarters of people who have bought bitcoin have lost money according to a study published Monday as the cryptocurrency sector reels from the collapse of a major exchange that has sapped confidence.

Business

Binance proposes fund to save crypto from future failures

Cryptocurrency exchange giant Binance is proposing the creation of a rescue fund that would save otherwise healthy crypto companies from failure, aiming to stave off the cascading effects of last week's implosion of FTX, ...

Business

S.Africa paves way for cryptocurrency regulation

South Africa's financial watchdog on Thursday declared cryptocurrency a financial product, paving way for the regulation of the assets in the continent's most advanced economy.

page 1 from 8