Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

SEC and Nexo Settle Charges Around Crypto Asset Lending Product
SEC and Nexo Settle Charges Around Crypto Asset Lending Product
January 20, 2023  |  Legal

Nexo has settled the federal and state charges brought against its crypto asset lending product. The Securities and Exchange Commission (SEC) said in a Thursday...

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Crypto Firm Genesis Global Holdco Files for Bankruptcy Owing $3.4B
Crypto Firm Genesis Global Holdco Files for Bankruptcy Owing $3.4B
January 20, 2023  |  Cryptocurrency

Cryptocurrency firm Genesis Global Holdco and two of its subsidiaries have filed for Chapter 11 bankruptcy protection. The filing includes two of its lending business...

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FTX Revival News Lifts Token and Adds Millions to Coffers
FTX Revival News Lifts Token and Adds Millions to Coffers
January 20, 2023  |  Cryptocurrency

As FTX mulls a return to operations, its FTT token stash is growing more valuable. This, as the CEO tasked with steering the collapsed cryptocurrency...

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Report: CoinDesk Considers Putting Itself Up for Sale
Report: CoinDesk Considers Putting Itself Up for Sale
January 19, 2023  |  Cryptocurrency

Cryptocurrency-centric news outlet CoinDesk is reportedly seeking a buyer. CEO Kevin Worth told the Wall Street Journal (WSJ) the company had hired investment bankers at Lazard Ltd. to...

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Crypto Industry Continues Balancing Contagion With Cleanup Post-FTX
Crypto Industry Continues Balancing Contagion With Cleanup Post-FTX
January 18, 2023  |  Cryptocurrency

Crypto continues battling through a historic shock to its system, while industry lessons accumulate. In just the past two weeks alone, bitcoin (BTC) has risen...

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Bitcoin Rallies to Pre-FTX Levels as Exchange’s Creditors Find Billions
Bitcoin Rallies to Pre-FTX Levels as Exchange’s Creditors Find Billions
January 17, 2023  |  Cryptocurrency

Bitcoin broke $21,000 for the first time this year, and FTX’s management uncovered more assets. This, as the group of affiliated FTX Debtors announce they’ve...

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Blockchain Missing Use Case at Scale Bank of America CEO Says
Blockchain Missing Use Case at Scale Bank of America CEO Says
January 17, 2023  |  Digital-First Banking

Bank of America CEO Brian Moynihan claims the company has “hundreds” of blockchain patents.  The issue in deploying the technology behind those patents? The all-important fact is...

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Binance and Huobi Recover Some Funds From 2022 Harmony Hack
Binance and Huobi Recover Some Funds From 2022 Harmony Hack
January 16, 2023  |  Security & Fraud

Cryptocurrency exchanges Binance and Huobi have recovered some of the funds stolen in last year’s hack of Harmony. “We detected Harmony One hacker fund movement,”...

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Binance’s Bahrain Launch Welcomed by Country’s Central Bank
Binance’s Bahrain Launch Welcomed by Country’s Central Bank
January 16, 2023  |  Cryptocurrency

Cryptocurrency exchange Binance is open for business in Bahrain. The world’s largest crypto exchange by volume said in a Monday (Jan. 16) press release it...

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