Many crypto traders in Africa who used FTX-linked platforms are left in shock, unable to withdraw their funds and with nowhere to file their grievances.Sam Bankman-Fried has quickly become...
Better regulations are needed to protect the financial system after the collapse of the FTX cryptocurrency exchange, a senior Bank of England official has said.Digital currencies are still too...
A string of high-profile crypto crises could set the industry back by almost a decade, according to the co-founder of Three Arrows Capital, whose June implosion was one of...
Banks should embrace crypto as a way to mitigate risk and prevent losses that consumers at the hands of rogue crypto exchanges according to cointelegraph.FTX — the three letters...
South Africa’s financial watchdog has classified cryptocurrency assets as financial products, a notice in the government gazette said on Wednesday, enabling them to be regulated according to Reuters. In...
Crypto hackers busted through the gates of 2022 mounting up record hauls of swiped assets, already closing in on last year’s tally. So far this month, fraudsters stole an...
The world’s largest cryptocurrency exchange Binance lost at least $100 million in a hack on Thursday, the company disclosed Thursday. The release noted decentralized chains are not designed to...
Stablecoins have experienced periods of rapid growth, accelerated links with traditional finance according to a new report by IMF. The report noted without proper regulation, contagion risks to wider...
Fintech and cryptocurrency firms competing with banks but subject to fewer regulations are “getting away with murder,” said Eugene Ludwig, a former Comptroller under the Bill Clinton administration according...
The new FixxFi app offers hybrid lending and borrowing options creating a new crypto solution for making payments on unexpected repairs. One of the arguments against cryptocurrencies has been,...