According to a leading trade group, the surge in the power requirements for the miners has prevented cryptocurrency bankruptcy cases and concerns about electric power
Category: CURRENCIES
North Korean hackers stole over $1b worth of crypto in 2022, the highest amount on record. – UN.
According to a secret UN report obtained by reporters on Monday, North Korean hackers stole more bitcoins in 2022 than in any other year. This
Mastercard must provide competing payment networks, customers’ data to process debit transactions. – FTC.
The Biden administration announced on Friday that it has ordered Mastercard Inc. to stop preventing the processing of debit payments through competitor networks. The Federal
Eurozone embraces digital payments, as cash declines in popularity.
A European Central Bank study released on Tuesday revealed that cash is no longer the most popular form of payment in the eurozone, marking a
FX swap debt of over $80 trillion threatens global financial system – BIS
Pension funds and other “non-bank” financial institutions now have more than $80 trillion in secret, off-balance sheet dollar debt in the form of FX swaps,
FTX Bankruptcy: Crypto assets worth $740m in safe custody, billions may be lost.
A fraction of the billions of dollars missing from the company’s coffers, according to the company tasked with seizing the assets of the defunct cryptocurrency
FTX collapse: Crypto emerges as a threat to the banking industry and needs intense regulation. – BoE
According to the deputy governor of the Bank of England, the failure of the cryptocurrency exchange FTX has demonstrated the necessity for more restrictions for
Crypto collapse: FTX owes the top 50 creditors almost $3.1 billion.
The cryptocurrency exchange FTX claims it owes its 50 largest creditors close to $3.1 billion and has applied for bankruptcy court protection in the United
Client funds totaling over $1 billion are missing from FTX.
According to two persons with knowledge of the situation, the defunct crypto exchange FTX has lost at least $1 billion in customer assets. FTX customer
Crypto goes into free fall after Binance backed out of the acquisition of rival FTX.
After cryptocurrency exchange Binance announced it was backing out of a plan to acquire struggling rival FTX Trading, cryptocurrency values fell for the second day