Cryptocurrency
Cryptocurrency
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Revelations about the failed cryptocurrency exchange FTX's inroads into the banking system raise important questions about how limited the crypto crash really is.
November 29 -
A blueprint for a shared ledger for digital money would include central bank digital currencies, bank deposits and e-money from companies like PayPal — but not unsupervised cryptocurrencies.
November 28 -
Crypto boosters are quick to caution jittery investors that other, better-regulated industries have not been immune to scandals.
November 23 -
Moves by cryptocurrency exchanges to reassure markets about their stability are having little effect on jittery users, who keep pulling funds from the venues.
November 21 -
You can't use a loss to offset gains if you're not able to take a loss because you can't access the exchange.
November 18 -
Most of the largest U.S. state and local government pension funds have dodged the ongoing fallout from the collapse of crypto exchange FTX by not directly investing in digital tokens.
November 18 -
The cryptocurrency lender BlockFi is preparing to file for bankruptcy within days, according to people with knowledge of the matter who asked not to be named because discussions are private.
November 16 -
In hindsight, Sam Bankman-Fried's April interview with Bloomberg's "Odd Lots" podcast was a harbinger of his epic collapse last week. He described a "box" that has value only because other people put money in it, and, when confronted with the idea that he described a Ponzi scheme, admitted there was a "depressing amount of validity" to that.
November 14 -
Experts say getting a handle on the repercussions of FTX's demise is likely to take months.
November 14 -
House Financial Services Committee Chair Maxine Waters joined her Republican counterpart on the panel saying FTX's unwinding hastens the need for legislation that outlines crypto regulation.
November 10