The beleaguered cryptocurrency industry has faced severe scrutiny from policymakers and regulators following a series of high-profile insolvencies.Most notably, crypto exchange FTX — a broker-like service that provided a platform on which customers could buy and sell cryptocurrency, and that was once worth $32 billion — listed for Chapter 11 bankruptcy in November amid a … Read more
Collapsed cryptocurrency exchange FTX says that around $415m (£338m) of crypto has been stolen by hackers.About $323m was hacked from its international exchange and $90m from its US platform since the firm filed for bankruptcy, FTX's CEO says.FTX co-founder Sam Bankman-Fried has been accused of stealing billions of dollars from FTX users to pay debts … Read more
4 Most Profitable Cryptocurrencies in 2023 – Crypto list Hindustan Timessource
Updated: Jan 17, 2023, 1:24pm 2022 has been a roller coaster ride for cryptocurrency markets. The market capitalization cryptocurrency market has slid from its peak of $3 trillion to nearly $800 billion, in just a span of one year. Most of the top-performing crypto coins have turned red and are witnessing double-digit losses. The crypto … Read more
The seemingly limitless innovations that are springing out of information technology have created enormous opportunities for all kinds of predatory behavior uninhibited by social regulation. Cryptocurrencies are one of the leading contestants in this competition. Crypto is a Ponzi scheme. It’s the IT version of what Bernie Madoff did in a mutual fund fraud in … Read more
Bitcoin, the world’s largest and most popular digital currency, has increased by 4% in the last 24 hours and by more than 15% in the last seven days. Ethereum, the second most valuable currency, is up 14% in a week to $1,420.The University of Michigan’s Consumer Confidence Index rose to 64.6 in early January from … Read more
Published: Jan 13, 2023, 4:22pm From Bitcoin and Ethereum to Dogecoin and Tether, there are thousands of different cryptocurrencies, which can make it overwhelming when you’re first getting started in the world of crypto. To help you get your bearings, these are the top 10 cryptocurrencies based on their market capitalization, or the total value … Read more
South Korea to deploy cryptocurrency tracking system in 2023 Cointelegraphsource
by Kevin Helms The White House has published a “roadmap to mitigate cryptocurrencies’ risks.” The roadmap calls for authorities to “ramp up enforcement where appropriate” and Congress “to step up its efforts” to regulate the crypto sector. It also notes that legislation should not greenlight mainstream institutions “to dive headlong into cryptocurrency markets.”The White House … Read more
