Genesis says NY AG lawsuit may force “no deal” bankruptcy liquidation
NEW YORK : Crypto lender Genesis Global said on Tuesday a New York civil fraud lawsuit could lead to a bankruptcy liquidation that does not resolve its claims against parent…
Crypto lender BlockFi begins post-bankruptcy wind-down
BlockFi emerged from bankruptcy on Tuesday, saying it will wind down operations and begin returning crypto assets to customers 11 months after it was swept away by the turbulence in…
What are some common methods used by criminals to launder money through Bitcoin?
Cybercriminals have made cryptocurrency like Bitcoin their preferred method for laundering money and hiding the source of their illegal earnings. The anonymity offered by cryptocurrencies is exploited by these criminals…
House Majority Whip Tom Emmer’s cozy ties with FTX cloud bid for Speaker’s gavel: sources
House Majority Whip Tom Emmer — the latest Republican nominated to replace Kevin McCarthy as speaker of the House — is facing scrutiny over his links to doomed crypto firm…
Bitcoin crosses $34,000 to its highest value since May 2022
Bitcoin rose 6% on Tuesday to $35,100 (€33,100), its highest in nearly a year-and-a-half, on mounting speculation that an exchange-traded bitcoin fund is imminent. The 10% surge on Monday gave…
Grayscale launches crypto indices in partnership with FTSE Russell
Oct 24 (Reuters) - U.S. digital currency asset manager Grayscale Investments on Tuesday introduced five crypto sector indices along with FTSE Russell, less than two months after winning a court…
Why have Bitcoin prices doubled since the start of the year?
The price of Bitcoin has doubled since the start of the year in signs of a resurgence of investor confidence in the cryptocurrency after its value tumbled last year. Bitcoin…
Coinbase shares rise 7% as Grayscale ETF ruling takes effect
Shares of cryptocurrency exchange Coinbase rose about 7% Tuesday afternoon as optimism about a long-awaited bitcoin spot ETF approval buoyed the stock. It could be a turning point for the…
Why bitcoin is surging again
Bitcoin is rocketing higher, topping $35,000 for the first time since May 2022. It’s up 20% over the past five days. The famously volatile cryptocurrency has more than doubled in…
Bitcoin Crosses $34,000 To Its Highest Value Since May 2022 – WorldNewsEra
Bitcoin rose 6% on Tuesday to $35,100 (€33,100), its highest in nearly a year-and-a-half, on mounting speculation that an exchange-traded bitcoin fund is imminent. The 10% surge on Monday gave…
