Berkshire Hathaway Vice Chairman Charlie Munger has restated his contempt for the cryptocurrency industry in the wake of FTX’s collapse. “It’s partly fraud and partly delusion,” the 98-year-old billionaire...
The cryptocurrency exchange he launched may be broke and under investigation, but FTX founder Sam Bankman-Fried is still hoping to raise enough cash to cover...
To say bitcoin has been volatile would be an understatement. After slumping more than 70% from its peak a year ago, it has most recently...
Digital asset investment firm Valkyrie Investments has reportedly cut about one-third of its 23-person staff over the last few weeks, joining many other companies in...
Noting the losses that retail investors have suffered in the cryptocurrency market, Federal Reserve Vice Chair Lael Brainard has reportedly reiterated her view that the...
The FTX blowup and bankruptcy will reshape the crypto industry. That much is certain. It’s unclear where the next shoes will drop and whether the...
The recent news around cryptocurrency exchange FTX.com has highlighted the need for legislation to protect consumers, Congresswoman Maxine Waters, chairwoman of the House Financial Services...
They call it “pig butchering.” A scammer spends time getting their victim’s confidence and trust to convince them to set up cryptocurrency accounts in an...
Insolvency looms for FTX. Cryptocurrencies are plummeting. Securities and Exchange Commission (SEC) Chair Gary Gensler’s comments to CNBC Thursday morning (Nov. 10) show that the...