The founders of cryptocurrency exchanges face a mountain of regulatory challenges and billions in personal losses.
FTX Trading is examining restarting the crypto exchange with three bidders, according to a Bloomberg report Tuesday.
Binance is once again fighting off regulators, claiming the Commodity Futures Trading Commission’s (CFTC) lawsuit is an overreach of U.S. law. The largest cryptocurrency exchange in the world says the agency is trying to regulate foreign individuals and corporations operating outside the US.
Getty Images
Insider/Kai Xiang Teo
The same federal agency that once helped bring down the biggest crypto-based dark web drug marketplace Silk Road got swindled by one of the oldest tricks in the crypto scammer playbook. The U.S.
PayPal is diving into the messy world of crypto with a new stablecoin pegged to the US dollar, aptly and uninventively named PayPal USD.
Patrick Fallon/Getty Images
Tech hype comes in waves, and while the focus constantly changes (first crypto, then metaverse, and now AI), some things—like tech’s critics—remain the same. SEC Chair Gary Gensler has been the crypto community’s public enemy no. 1 for a few years now, but now he’s offering his somewhat caustic assessment on Silicon V…
Matt Cardy/Getty Images; REUTERS/Jon Nazca