Binance CEO Changpeng Zhao was grilled by CNBC reporters regarding hiccups with withdrawals from the exchange this week and the firm’s solvency. Binance earlier this week temporarily pause...
Tag: Breaking
Bankman-Fried lieutenant alerted regulators to misuse of customer funds
One of Sam Bankman-Fried’s top lieutenants told Bahamian authorities that customer funds from the firm were used to plug holes in the balance sheet of his investment fund, Alameda Research. In a...
Bitcoin miner CleanSpark reports $42.3 million net loss, missing estimates
Bitcoin miner CleanSpark reported $26.2 million in revenue, missing the average estimate of $27.1 million. The non-GAAP net loss of $42.3 million was also worse than the estimate of $15.4 million for ...
Gemini reports third-party phishing campaign that affected some customer data
Crypto exchange Gemini said Wednesday that a phishing campaign led to the collection of some customer email addresses and partial phone numbers. “Some Gemini customers have recently been t...
Bitcoin, crypto prices fall on Fed’s latest decision, US stock indices drop
Crypto markets pared gains alongside traditional counterparts as the Federal Reserve increased interest rates by 50 basis points. Bitcoin dropped 2%, trading at $17,926 at 2:20 p.m. EST followi...
Bitcoin slips below $18,000 as Federal Reserve raises interest rates by 50 basis points
The U.S. Federal Reserve raised the federal funds rate by 50 basis points, increasing it to a range of 4.25% to 4.5%, the highest since 2007. Today’s interest rate decision was largely exp...
Legal fight escalates around ‘collusion’ between Bankman-Fried and Bahamian government
A federal bankruptcy judge will hear evidence about the potentially criminal movement of assets out of FTX and its affiliated companies, in what is the latest escalation of a heated legal struggle bet...
Bitcoin trades around $18,000, U.S. dollar sinks as all eyes are on the Fed
Bitcoin soared ahead of the Federal Reserve’s last interest rate decision of the year while the U.S. dollar has erased much of its 2022 gains. Bitcoin was trading at $18,080 at 10:53 a.m....
Warren, Marshall introduce bill to tighten money laundering rules for crypto
Sens. Elizabeth Warren, D-Mass., and Roger Marshall, R-Kan., introduced legislation to tighten U.S. anti-money laundering rules to digital assets. The bill would expand know-your-customer rules ...
Atlas Trading founders targeted by SEC for alleged fraud via Twitter and Discord
Known on Twitter as Zack Morris and PJ Matlock, the founders of Atlas Trading and several alleged co-conspirators have been accused of stock manipulation by the U.S. Securities and Exchange Commission...
Coinbase CEO says market fear and volatility are a ‘moment to shine’
With Coinbase’s shares are at an all-time low, CEO Brian Armstrong sent out a memo to staff reassuring them that unlike other struggling or failed crypto exchanges, their company would persevere...
Bankman-Fried denied bail, remanded to custody in the Bahamas: Reuters
Sam Bankman-Fried is headed to jail after a magistrate judge in the Bahamas denied his bail application and remanded him to the Department of Corrections, Reuters said. The disgraced former CEO of FT...
Bitcoin, crypto prices buoyant, while Coinbase hits all-time low as Silvergate sinks 12%
Bitcoin and other crypto prices are holding onto gains after better-than-expected inflation data ahead of the Fed’s last rate decision of the year. Crypto stocks didn’t fare so well,...
Bitcoin hurtles toward $18,000 as inflation comes in below expectations, crypto stocks soar
Bitcoin and crypto prices soared following lower-than-expected U.S. inflation data for November. Crypto stocks bounced in line with U.S. stock futures. Bitcoin was hurtling toward $18,000 shortl...
U.S. inflation shows signs of cooling at 7.1% in November, below estimates
Inflation in the U.S. came in at 7.1% in November, compared to the 7.3% year-on-year forecast. The month-on-month increase was 0.1%, down from 0.4% in October. Cryptocurrencies and traditional ...
Sam Bankman-Fried charged with fraud over FTX collapse
Sam Bankman-Fried was charged with fraud by the U.S. Securities and Exchange Commission over the collapse of FTX, the crypto exchange he founded. The former CEO was charged with “orchestr...
Breaking Down The San Francisco 49ers’ Quarterback Situation After Jimmy Garoppolo Injury
SANTA CLARA, CA – DECEMBER 04: San Francisco 49ers quarterback Jimmy Garoppolo (10) gets sacked … [+] during the NFL professional football game between the Miami Dolphins and San Francisco...
Breaking: Gemini Exchange Owed Nearly $1 Billion By Genesis, DCG
Gemini Genesis News: Crypto exchange Gemini appears to be the latest victim of the contagion from FTX collapse, followed by adverse effects for BlockFi, Genesis and the Digital Currency Group (DCG). E...
DXY bounces at major support, reducing Bitcoin’s chance at breaking the $17.2K resistance
On Dec. 2, the United States dollar index (DXY), an index that measures the dollar’s strength against a basket of top foreign currencies, reached 104.40 which was the lowest level seen in 5 mont...
ADA Price Prediction – After Breaking Back Above $0.316, Is $0.32 Next?
Join Our Telegram channel to stay up to date on breaking news coverage Cardano’s ADA token has once again broken above the $0.326 mark. With the digital asset following the market on the second day of...
BTC Price Prediction – After Breaking Back Above $17000, Where Next?
Join Our Telegram channel to stay up to date on breaking news coverage The BTC price is back above $17k for the first time since mid-November. It happened in response to Fed Chair Powell setting groun...
Blockchain breaking down the doors in electronic music community
Electronic music is big business. According to a report by the International Music Summit, in 2021, the electronic music sector was valued at $6 billion dollars and that sector is poised for significa...
Breaking Down The Yankees’ Reported Offer To Aaron Judge
ARLINGTON, TX – OCTOBER 4: Aaron Judge #99 of the New York Yankees smiles as he rounds the bases … [+] after hitting his 62nd home run of the season against the Texas Rangers during the fi...
Ethereum breaking above this crucial level could push it toward $1,550
After a period of difficulty, the largest digital assets on the cryptocurrency market are finally recording some noticeable gains, including Ethereum (ETH), leading analysts to identify crucial levels...
Terra LUNA Classic [LUNC] Price Prediction 2025-2030: What are the chances of LUNC breaking its ATH?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. The Terra Luna Classic (LUNC) see...
Big banks are for boomers — Why more and more young Americans are breaking up with their parents’ banks
Big banks are for boomers — Why more and more young Americans are breaking up with their parents’ banks Move over millennials: Gen Z is eager to share the spotlight when it comes to shaping the consum...