June 24 (Reuters) – Cryptocurrency exchange FTX is in talks to acquire a stake in crypto lender BlockFi, the Wall Street Journal reported, citing people familiar with the matter. The companies had previously announced on Tuesday that BlockFi had signed a term sheet with FTX for a $250 million revolving...
Representations of virtual cryptocurrencies are placed on U.S. Dollar banknotes in this illustration taken November 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register June 24 (Reuters) – A downturn in cryptocurrency prices and crash of one stablecoin has led some investors to try to...
NEW YORK, June 22 (Reuters) – Digital assets platform FalconX was valued at $8 billion in a new funding round led by Singapore’s sovereign wealth fund GIC and B Capital, more than doubling its valuation in 10 months, its chief executive and founder Raghu Yarlagadda told Reuters, despite the recent...
June 22 (Reuters) – Crypto broker Voyager Digital Ltd (VOYG.TO) said on Wednesday its subsidiary may issue a default notice to Three Arrows Capital Ltd if the cryptocurrency hedge fund fails to repay its loan. Voyager’s total exposure to Three Arrows Capital consists of 15,250 bitcoin (nearly $310 million) and...
A representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register June 20 (Reuters) – Babel Finance, the Hong Kong-based crypto lender which suspended withdrawals and redemption of crypto assets on Friday, said it has reached an agreement with...
Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/File Photo Register now for FREE unlimited access to Reuters.com Register HONG KONG, June 20 (Reuters) – The cryptocurrency industry was on edge on Monday morning...
Representation of cryptocurrency bitcoin is seen in this illustration taken November 29, 2021. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register DUBAI, June 19 (Reuters) – BitOasis, a Middle East-focused cryptocurrency exchange based in the United Arab Emirates, said on Sunday it laid off nine of its...
June 17 (Reuters) – Cryptocurrency hedge fund Three Arrows Capital Ltd is exploring options, including the sale of assets and a bailout by another firm, the Wall Street Journal reported on Friday. The crypto market has suffered heavy losses, with companies such as Coinbase (COIN.O), Gemini, Blockfi and Crypto.com laying...
Celsius Network logo and representations of cryptocurrencies are seen in this illustration taken, June 13, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 16 (Reuters) – Liquidity troubles at crypto lending platform Celsius Network, which have left its 1.7 million customers unable to...
A woman walks past an exhibition stand showing the logo of Binance at the Delta Summit in St Julian’s, Malta October 4, 2018. REUTERS/Darrin Zammit Lupi/File Photo Register now for FREE unlimited access to Reuters.com Register June 15 (Reuters) – Cryptocurrency exchange Binance has opened 2,000 positions for hiring, Chief...
