Crypto fraud value surged 32 per cent to £226m this year November 28, 2022 Crypto fraud has surged during the tough economic climate by almost a third this year alone. More than 10,000 crypto fraud reports were made this year, a 16 per cent rise on 2021, as thousands of people were scammed. The value of UK crypto fraud surged by 32 per cent from £171m to £226m this [...]
Letters: 2008, for crypto November 28, 2022 [Re: FTX implosion shows urgent need for crypto rules, says Bank of England, Nov 21] The sudden interest by global regulators in response to the FTX fiasco only serves to further highlight that the events of the past few weeks might well be looked back on as our industry’s version of the Lehman collapse. Just [...]
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.
Opportunity is still in the air if we address the state of the markets head-on November 25, 2022 Jason Deane reflects on the last few days of the Crypto AM Summit, suggesting there is room for optimism despite the state of the markets.
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.
Bitcoin steadies the ship as industry market cap steers a course towards $850 billion November 24, 2022 Bitcoin’s price change over the last week is steady at 0% this morning - a welcome respite from the volatility of the last few weeks.
Letters: Time to regulate cryptocurrencies November 24, 2022 [Re: Bitcoin tumbles below £13,500 as FTX turmoil continues, Nov 21] The collapse and ensuing investigation of FTX has cast a spotlight on the cryptocurrency ecosystem, sparking a wider public discourse on whether decentralised finance has a future role to play. While not downplaying the impact this collapse will continue to have on the crypto [...]
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.