Bitcoin, the world's largest cryptocurrency by market value, dropped 5% to $84,201 at 21:56 GMT on Wednesday.Number two cryptocurrency Ether, gained 1.58% as of 22:06 GMT.

The founder of a cryptocurrency financial services firm has been extradited from Portugal to face U.S. charges that he participated in a wide-ranging scheme to manipulate the market for digital tokens on behalf of client companies.Aleksei Andriun

The U.K. government introduced a new crime bill on Tuesday that, if passed, aims to help law enforcement agencies retrieve money from crypto criminals.The Home Office's Crime and Policing Bill introduces measures that set out how to value destructed

The investment conversation around crypto has transitioned from questioning the survival of cryptocurrencies to discussing efficient allocation strategies. Most notably, institutional investors are moving on from testing the waters with bitcoin to se

U.S. stock index futures slipped on Tuesday, led by weakness across chip companies and megacaps, as investors digested fresh tariff comments from President Donald Trump and Nvidia dropped 1.5% a day ahead of its keenly awaited results. At 05:31

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3106.99, down 0.8% (-25.47) since last Friday at 4 p.m. ET.5 of 20 assets are tra

Bybit has returned to a 1:1 backing of client assets and has fully closed the “ether gap” it faced after an unprecedented $1.4 billion hack hit the exchange late Friday.The exchange has received 446,870 ether (ETH), worth $1.23 billion at current pri

Cryptocurrency exchange Bybit said on Friday an attacker gained control of an ether wallet and transferred around $1.5 billion worth of holdings to an unidentified address.The ether cold wallet was the only one that was attacked and all other wallets

CORRECT (Feb. 20, 14:35 UTC): Corrects attribution to Binance throughout, a previous version cited PCB block; adds Reuters article references.Nigeria's Federal Inland Revenue Service (FIRS) is suing Binance for $79.5 billion in economic losses as wel

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Nigeria's Federal Inland Revenue Service (FIRS) is suing Binance for $79.5 billion in economic losses as well as $2 billion plus interest in back taxes, the exchange said in its blog.This is a leap from the initial $10 billion figure that Nigeria's g

LayerZero, the bridging protocol that allows different crypto networks to communicate with each other, plans to connect to Bitcoin sidechain Rootstock in what would be its first integration with the world's original blockchain.Rootstock aims to end B

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. - - - - -EVENTS:*Nigeria's central bank announces its latest lending rate dec

The following factors could affect Italian markets on Thursday.Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).For a complete list of diary events in Italy please click on .POLITICSIt

Europe must avoid excessive regulation and could also consider simplifying existing rules, European Central Bank Governing Council member Fabio Panetta said on Wednesday.Addressing the steering committee of Italian Banking Association ABI, Panetta sa

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Hong Kong's financial secretary Paul Chan on Wednesday said the city's regulators have issued nine digital asset platform licences, adding that more approvals are in the pipeline.The government is also working to advance the regulation of stable coin

Creditors of the collapsed cryptocurrency exchange FTX with claims below $50,000 have started receiving their payouts, which include 9% annual interest accrued since November 2022.Multiple users on the FTX subreddit have reported receiving funds on a

-- Source link: https://tinyurl.com/5xw7h9j4-- Note: Reuters has not verified this story and does not vouch for its accuracy

Standard Chartered Plc , said on Monday its Hong Kong banking division, Animoca Brands and HKT will establish a joint venture to apply for a license from the Hong Kong Monetary Authority for issuance of a Hong Kong dollar-backed stablecoin.Standard