Bitcoin miners sell their holdings amid crypto winter’s chill

A small toy figure and representations of the virtual currency bitcoin stand on a motherboard in this picture illustration taken May 20, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register June 27 (Reuters) – Bitcoin miners have been forced to tap into their cryptocurrency stashes as a plunge in prices, … Baca Selengkapnya

Explainer: Can crypto holders recoup losses in court?

Representations of virtual cryptocurrencies are placed on U.S. Dollar banknotes in this illustration taken November 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register June 24 (Reuters) – A downturn in cryptocurrency prices and crash of one stablecoin has led some investors to try to recover their losses in U.S. … Baca Selengkapnya

Does Crypto Put In Danger The Global Payment Systems?

Fast and simple payments are only two of the many advantages that crypto assets provide. Financial services that are cutting-edge in nature, access to previously “unbanked” regions of the globe – the crypto-ecosystem enables all of this. However, it should be stated that apart from the benefits that are typical of digital assets, they are … Baca Selengkapnya

Financial watchdogs should do more to protect crypto investors, Swiss regulator says

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register ZURICH, June 22 (Reuters) – Cryptocurrency trading increasingly resembles the U.S. stock market of the late 1920s, Switzerland’s top market … Baca Selengkapnya

Crypto giant Tether to launch sterling-pegged stablecoin

Smartphone with Tether logo is placed on displayed U.S. dollars in this illustration taken, May 12, 2022. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, June 22 (Reuters) – Major crypto firm Tether said on Wednesday it will launch next month a “stablecoin” pegged to the British pound, a … Baca Selengkapnya

Crypto fears now materialising, central bank body BIS says

LONDON, June 21 (Reuters) – Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for International Settlements has said. The BIS, the global umbrella body for central banks, sounded the warning in an upcoming annual report, in which it also urged more effort in developing … Baca Selengkapnya

Crypto’s latest meltdown leaves punters bruised and bewildered

LONDON/MUMBAI/ANKARA, June 21 (Reuters) – For Jeremy Fong, U.S. crypto lender Celsius was an ideal place to stash his digital currency holdings – and earn some spending money from its double-digit interest rates along the way. “I was probably earning $100 a week,” at sites like Celsius, said Fong, a 29-year civil aerospace worker who … Baca Selengkapnya

Cryptoverse: Crypto lenders face a DeFi drubbing

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 June 21 (Reuters) – Crypto lending may not be down and out, but it’s certainly on the ropes. Crypto lenders have boomed over … Baca Selengkapnya

Crypto hedge fund Three Arrows Capital considers asset sales, bailout – WSJ

June 17 (Reuters) – Cryptocurrency hedge fund Three Arrows Capital Ltd is exploring options, including the sale of assets and a bailout by another firm, the Wall Street Journal reported on Friday. The crypto market has suffered heavy losses, with companies such as Coinbase (COIN.O), Gemini, Blockfi and Crypto.com laying off thousands of employees, as … Baca Selengkapnya

Column: Crypto crash exposes regulators’ complacency

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register ORLANDO, Fla., June 16 (Reuters) – If regulators thought crypto was a dangerous place that lured investors into ‘too good … Baca Selengkapnya