Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Internal Letter
FTX founder and former CEO Sam Bankman-Fried "froze up in the face of pressure" as his company collapsed, he...
Senate Banking Committee Warns of SoFi
SoFimonths after receiving approval to be considered a bank holding company Senatewas examined by Digitalfinancial company that handles asset...
US Senators Take Action: They Asked About These 2 Altcoins!
US Senators Sherrod Brown, Jack Reed, Chris Van Holland, and Tina Smith have written open letters to Bitcoin and...
First Mover Asia: Bitcoin Falls to 2-Year Low on Renewed Contagion Fears
Good morning. Here’s what’s happening: Prices: Bitcoin fell to a fresh two-year low as crypto traders speculated over the...
US Senators Ask Bank Regulators to ‘Review’ SoFi’s Crypto Listings
U.S. Senators Sherrod Brown (D-Ohio), Jack Reed (D-R.I.), Chris Van Holland (D-Md.) and Tina Smith (D-Minn.) wrote open letters...
Wall Street Banks Seen as Unlikely Saviors as Crypto Firms Struggle
It took years for the crypto industry to gain trust – and capital – from the major institutional players...
BofA Downgrades The Giant Bitcoin Exchange With FTX Effect!
Bank of America (BofA) downgrades one of the largest surviving Bitcoin exchanges to neutral. The events around FTX were...
Shares of Crypto Bank Silvergate Continue to Fall Despite CEO’s Remarks
Silvergate Capital (SI) shares fell Friday morning in a sign that FTX’s rapid unraveling continues to rattle investors. On...
Here’s How Some FTX Account Holders Can Get Their Money Back – But Time Is Running Out
Some FTX account holders can get their investments back, but they will have to act fast, according to Joshua...
Bank of America Downgrades Coinbase As FTX Effect Continues
Bank of America downgraded Coinbase to neutral amid the effects of FTX's collapse. The bank lowered its COIN price...
BofA: Don’t Tarnish Blockchain Technology With Speculative Crypto Trading
It is important to separate speculative crypto trading and token prices from the underlying blockchain technology, Bank of America...
Bank of America Addresses Cryptocurrency Exchanges
of the USAOne of the largest banks, Bank of America ( BAC), noted that cryptocurrency exchanges' proof of reserve...
German Banks’ Crypto Interest Is Limited as Industry Is Plagued by ‘Crooks,’ Regulator Says
German banks have seen limited interest in handling crypto, the President of Germany’s financial regulator Bafin, said in an...
FTX Employees Were Encouraged to Keep Life Savings in the Now-Bankrupt Exchange, Sources Say
Retail and institutional investors weren’t the only ones to get rug pulled by FTX’s swift and stunning collapse last...
Market Wrap: Bitcoin Rises on Encouraging Inflation News
Price Action The latest inflation data on Tuesday suggested that the U.S. central bank was winning its campaign against...
Banking Heavyweights Commence Wholesale Digital Dollar Pilot With New York Fed
A group of major banks have commenced a pilot project alongside the Federal Reserve Bank of New York to...