Cryptocurrency exchange Coinbase Global Inc on Wednesday said it will halt operations in Japan due to volatile market conditions.All Coinbase Japan customers will have until Feb. 16 to withdraw their fiat and crypto holdings, the company said in a blog post.
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Japan pushes global counterparts to regulate crypto like banksJapan’s rules have helped to shield investors, who are set to be able to withdraw funds from beleaguered crypto exchange FTX’s local subsidiary. Read more at straitstimes.com.
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FTX reports S$548 millon in hacked crypto, Bankman-Fried says FTX US is solventFTX said on Tuesday (Jan 17) that significant shortfalls remained at both its international and US crypto exchanges. However, indicted founder Sam Bankman-Fried later challenged aspects of the company's report in a blog post.
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FTX says $415 million in crypto was hackedBankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen as a result of hacks. Some $323 million in crypto had been hacked from FTX's international exchange and $90 million had been hacked from its U.S. exchange since it filed for bank
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FTX reports US$415 million in hacked crypto, Bankman-Fried says FTX US is solventBankrupt crypto exchange FTX said in a report to creditors on Tuesday (Jan 17) that about US$415 million in cryptocurrency had been stolen in hacks. FTX has said it had recovered over US$5 billion in crypto, cash and liquid securities, but that significant shortfalls remained at both its international and
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German online bank N26 to expand crypto tradingFRANKFURT : German online bank N26 said on Tuesday that it would expand the list of countries where its customers may trade cryptocurrencies to include those in Germany and Switzerland.In addition, N26 said it would provide the service for customers in Belgium, Portugal and Ireland.Last year, N26 b
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Crypto hedge funds ended 2022 down almost 50% - BarclayHedge dataLONDON : Hedge funds trading crypto currencies tracked by index provider BarclayHedge ended 2022 down almost 50 per cent, the research firm said on Tuesday, a sign that the collapse of the cryptocurrency exchange FTX continues to ripple through the industry. FTX filed for Chapter 11 bankruptcy protection
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