Billionaire and FTX co-founder Sam Bankman-Fried said the leading crypto asset exchange aims to make a number of acquisitions and could spend up to $2 billion on such efforts. The FTX chief executive officer highlighted in a recent interview that a fraction of the funds raised by the company were...
Some of you may remember the crypto winter of 2018. crashed 25% in January of that year, while saw three straight months of double-digit losses. Even though we’re entering the summer months, we may remember last week as another great crypto winter. The algorithmic stablecoin, which was designed to remain...
Some of you may remember the “crypto winter” of 2018. Bitcoin crashed 25% in January of that year, while Ether saw three straight months of double-digit losses. Even though we’re entering the summer months, we may remember last week as another great crypto winter. The entire digital ecosystem fell under...
Investors will be focused on the U.S. central bank this Wednesday as Federal Reserve policymakers are expected to raise the benchmark interest rate aggressively. The top U.S. stock indexes saw significant losses at the end of the week, and the Nasdaq composite saw its worst four-month starting performance since 1971....
The Returns of Top Cryptocurrencies in 2021 2021 saw the crypto markets boom and mature, with different sectors flourishing and largely outperforming the market leader, bitcoin. While bitcoin only managed to return 59.8% last year, the crypto sector’s total market cap grew by 187.5%, with many of the top coins...
(Bloomberg) — Investors drawn to cryptocurrency startups are doing a lot of double-takes these days. Most Read from Bloomberg The industry continues to draw venture capital even amid broad market angst, luring roughly $5 billion in the first quarter, double the year-earlier period, according to data compiled by PitchBook Data...
iPhone and Android users could be at risk of having their crypto stolen by a “sophisticated malicious cryptocurrency scheme,” according to new research. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the latest crypto price rally Malicious apps are being distributed through fake websites, mimicking legitimate wallet...
