Crypto
China’s shadowy crypto brokers lure US$75 billion as economy toils
CHINA’S over-the-counter (OTC) cryptocurrency brokers are attracting unprecedented inflows, a study shows, reflecting a hunger for alternative investments amid weak equity and property markets in a struggling economy.The inflows...
Crypto CEO and Bankman-Fried ex Caroline Ellison gets two-year sentence
CAROLINE Ellison, who testified against her former boyfriend and FTX founder Sam Bankman-Fried at his crypto fraud trial, was sentenced on Tuesday to two years in prison for her...
OpenAI news account on X compromised, sends crypto posts
OPENAI said one of its accounts on X was compromised on Monday (Sep 23), when an unauthorised individual sent out posts soliciting users to click through to a crypto...
US SEC, Coinbase clash in court over crypto rulemaking
COINBASE and the US securities regulator faced off in a federal appeals court in Philadelphia on Monday (Sep 23) as the cryptocurrency exchange pressed the agency to create new...
Sony joins a crypto push in Japan as calls grow for looser rules
ENTERTAINMENT giant Sony Group is the latest company to jump onto a bandwagon of Japanese businesses seeking to tap blockchain technology, a trend that poses challenges for the nation’s...
Trump unveils crypto project, says US should dominate sector
DONALD Trump headlined an event billed as the unveiling of a crypto platform promoted by the Republican nominee and his sons, putting the spotlight on a niche sector of...
Losses from crypto scams grew 45% in 2023, FBI says
LOSSES from cryptocurrency-related frauds and scams increased 45 per cent in 2023 from 2022, totalling more than US$5.6 billion, as scammers increasingly took advantage of the speed and irreversibility...
Trump family crypto project vows to ‘ensure dollar’s dominance’
A CRYPTOCURRENCY project that’s being promoted by Donald Trump and his sons is starting to take shape, with a focus on encouraging the dominance of the US dollar in...
