The Federal Reserve has reversed its 2022 Supervisory Letter, which had required banks to give advance notice before engaging in any cryptocurrency activities. This follows many regulatory bodies in the United States, which are taking a different sta

Sam “SBF” Bankman-Fried, the disgraced co-founder of collapsed cryptocurrency exchange FTX, to a low-security US federal correctional institutionBankman-Fried was moved to the low-security Terminal Island federal correctional institution. Previously,

Arthur Hayes, the co-founder of BitMEX who now runs the family-office-style fund Maelstrom, believes the macro cocktail that ignited Bitcoin’s six-fold advance from late 2022 into early 2025 is being mixed again. Speaking on the “Forward Guidance” po

Changpeng “CZ” Zhao, former CEO of Binance, has denied claims that he agreed to provide evidence against Tron founder Justin Sun as part of a plea deal with the United States Department of Justice (DOJ).In an April 11 report, The Wall Street Journal

FTX, 27 months following the exchange's dramatic collapse in early November 2022, is set to begin repaying claims worth more than $50,000 on May 30, moving the long and controversial bankruptcy process one step closer to its end. Bankruptcy attorney

Top Stories of The WeekMarket is underestimating how quickly Bitcoin will hit new ATH: AnalystBitcoin will break past its $109,000 all-time high sooner than expected despite recent volatile US macroeconomic conditions, according to a crypto analyst. 

U.S. lawmakers peppered potential incoming Securities and Exchange Commission Chair Paul Atkins about his ties to bankrupt crypto exchange FTX while also criticizing the agency's former chair, Gary Gensler.Senate Banking Committee Chair Tim Scott, R-

The Delaware bankruptcy court handling the FTX estate approved a petition on Thursday from Three Arrows Capital (3AC) to significantly expand its claim against the estate from $120 million to $1.53 billion, marking a major development in the ongoing

Understanding liquidity crises A liquidity crisis occurs when an organization lacks sufficient liquid assets, such as cash or assets readily convertible to cash, to meet its short-term financial obligations.Major hacks in the cryptocurrency exchang

Deribit's options market for Solana's SOL token has become active, with whales engaging in bearish bets as the token's price continues to decline ahead of an impending multi-billion dollar unlock.Last week, SOL block trades totaling $32.39 million in

The FTX crypto exchange going down will forever be remembered as a dark day in crypto. But props to the company for finally starting to repay creditors. It went through with its first round of repayments on February 18, where it paid out the ‘Conveni

A court document from a US District Court shows the extent of Sam “SBF” Bankman-Fried’s accumulated property forfeited: roughly $1 billion in assets, including two private jets, many political donations, countless crypto balances, and a healthy stake

Today in crypto, Bitcoin’s price action is raising concerns of possible market manipulation, according to Samson Mow, the US Senate has confirmed Howard Lutnick as commerce secretary, and FTX initiated its first round of creditor repayments and set M

Bitcoin’s price action is raising concerns of possible market manipulation as the cryptocurrency continues trading in a tight range despite billions of dollars in institutional inflows.Bitcoin has been range-bound for over two months, trading betwee

FTX has started repaying creditors today (Tuesday), beginning with those in the “Convenience Class.” This group includes creditors with claims of $50,000 or less.These individuals will receive full repayment along with 9% annual interest accrued sinc

By Alexander OsipovichStarting Tuesday, some FTX customers are set to get their money back, more than two years after Sam Bankman-Fried's cryptocurrency exchange filed for bankruptcy.Initial payouts starting this week will go to smaller customers wit

A growing number of white-collar convicts, including former FTX CEO Sam “SBF” Bankman-Fried, are exploring pathways for clemency following the election of US President Donald Trump. However, as pardon backlogs continue to grow, the chances of convict

The cryptocurrency market experienced a significant selloff following US President Donald Trump’s announcement of new tariffs on imports from Canada and Mexico, along with threats of increased duties on goods from the European Union. This triggered b

Bitcoin (BTC) has had a volatile 24 hours, plunging from $99,500 to as low as $91,231 amid mounting concerns over impending US trade tariffs on Canada, Mexico, and China. However, some crypto analysts see this sharp decline as a buying opportunity, s

Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, stated that a prolonged tariff war could have a substantial positive impact on Bitcoin over time.Over the weekend, President Donald Trump imposed tariffs on Canada, Mexico, and China.Ta