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Crypto

  • Crypto markets provide flat backdrop to Doge uplift on more Musk rumours

    November 27, 2022

    Weekend trading in the cryptocurrency markets has more-or-less flatlined, with only Doge breaking radio silence.

  • Binance launches next phase of user transparency updates

    November 27, 2022

    Binance has taken the next step in its effort to provide transparency of user funds, following the recent disclosure of its hot and cold wallet addresses.

  • Binance chief poised to snap up $1bn distressed crypto assets

    November 24, 2022

    The chief of crypto exchange Binance said he may snap up $1bn worth of distressed assets in the sector as firms fail amid the shockwaves of FTX’s collapse.

  • Crypto exchange OKX opens its balance sheet as sector scrambles to restore trust

    November 23, 2022

    Crypto exchange OKX has revealed the state of its balance sheet today to prove to customers it has not been gambling with their cash, as the industry scrambles to restore confidence in the wake of FTX’s collapse.

  • Exclusive: Government oblivious to scale of crypto tax-dodging despite ‘global hub’ plans

    November 23, 2022

    The government has made no calculations on the amount of dodged tax takings on cryptoassets despite the Treasury’s plans to turn the UK into a hub for crypto, City A.M. has learned.

  • FTX run as ‘personal fiefdom’ for Bankman-Fried, say lawyers

    November 22, 2022

    Lawyers representing collapsed crypto exchange FTX said the firm was “effectively run as a personal fiefdom” for founder Sam Bankman-Fried today, as court documents showed the firm had splurged nearly $121m in property in the past two years.

  • FTX bankruptcy team finds more than £1bn across Bankman-Fried’s crypto empire

    November 22, 2022

    The team overseeing the bankruptcy of collapsed crypto exchange FTX has managed to located more cash held by Sam Bankman-Fried’s sprawling crypto empire, bringing the total to $1.24bn (£1.04bn).

  • Crypto AM’s James Bowater crowned ‘Blockchain Advisor of the Year’

    November 22, 2022

    Crypto AM founder and editor-at-large James Bowater has been named 'Blockchain Advisor of the Year' at the prestigious AIBC Awards in Malta.

  • Bitcoin tumbles below £13,500 as FTX turmoil continues

    November 21, 2022

    Bitcoin has plunged below $16,000 (£13, 566) dollars today as investors flee to steadier ground amid turmoil sparked by the collapse of crypto exchange FTX.

  • FTX implosion shows urgent need for crypto rules, says Bank of England

    November 21, 2022

    The implosion of FTX has underlined the need to rapidly bring crypto within the remit of financial watchdogs before it threatens the stability of the wider financial system, the deputy governor of the Bank of England has warned today.

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