As regulators scrutinise FTX, rival exchanges try to reassure investors

Crypto.com CEO says it will publish proof of reserves Bitcoin steadies around $16,700 Binance CEO plans “industry recovery fund” Smaller exchange AAX halts withdrawals SINGAPORE/LONDON, Nov 14 (Reuters) – Bitcoin and other cryptocurrencies remained under pressure on Monday following last week’s collapse of crypto exchange FTX while rival exchanges sought to reassure jittery investors of … Read more

FTX looks for $9.4 bln in rescue funds from investors, rivals

Nov 10 (Reuters) – FTX is scrambling to raise about $9.4 billion from investors and rivals, a source said on Thursday, as Chief Executive Sam Bankman-Fried urgently seeks to save the cryptocurrency exchange that has been buffeted by a rush of customer withdrawals. Over the past few hours, Bankman-Fried has discussed raising $1 billion each … Read more

Cryptoverse: Hack jitters push bitcoin investors back to the future

Oct 11 (Reuters) – It’s not easy being a crypto investor. They’ve seen the value of their holdings drop like a brick this year, and now many are stewing over the safety of their crypto cash after a series of heists that’s seen around $2 billion spirited away by hackers. Enter the ghost of technology’s … Read more

Cryptoverse: Bitcoin miners get stuck in a bear pit

A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register Sept 27 (Reuters) – Spare a thought for the beleaguered bitcoin miner. In late 2021, miners were the toast of the town with … Read more