Bitcoin ends the year slumped in an alleyway, robbed of its cocktail of cheap money and leveraged bets, and shunned by the establishment.
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Promoted | Leading cryptocurrency exchange and OTC desk OVEX has had a very busy 2022.
Now that Sam Bankman-Fried’s fall from grace is complete, uneasiness is growing around the dominance that his rival holds in the cryptocurrency market.
A judge denied FTX founder Sam Bankman-Fried bail on Tuesday, hours after US prosecutors accused him of misappropriating billions of dollars.
FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest of US prosecutors on Monday
Jack Dorsey’s Block is among the companies contributing to a funding round for a bitcoin miner in Africa fired by renewable power.
Cryptocurrency broker Genesis and its parent DCG owe customers of crypto exchange Gemini $900-million, the FT reported.
Bitcoin should not be legitimised by regulators or financial companies as it heads for “irrelevance”, the European Central Bank said.
Bitcoin spiked higher on Wednesday in the countdown to a speech by US Federal Reserve chairman Jerome Powell.
Major cryptocurrency lender BlockFi became the latest crypto casualty on Monday after it filed for bankruptcy protection.