Crypto

Bonds are beating Bitcoin as doubts gather over crypto rebound
Bonds are beating Bitcoin as doubts gather over crypto rebound
STOCKS and bonds have delivered better returns than Bitcoin this quarter, raising the possibility that a crypto boom is running out of steam.Gauges of global equities, fixed income and...
Crypto exchange Kraken is in talks for pre-IPO fundraising round
Crypto exchange Kraken is in talks for pre-IPO fundraising round
KRAKEN, one the oldest cryptocurrency exchanges, is considering raising a final funding round ahead of a possible initial public offering (IPO) after receiving inquiries from potential investors during the...
Robinhood to buy crypto exchange Bitstamp in global push
Robinhood to buy crypto exchange Bitstamp in global push
ROBINHOOD Markets will acquire the European cryptocurrency exchange Bitstamp for US$200 million as part of the financial technology company’s expansion outside of its home market in the US.The deal,...
US crypto advocacy group tops one million members after Biden veto
US crypto advocacy group tops one million members after Biden veto
STAND with Crypto, an advocacy organisation for voters who own cryptocurrencies, saw its membership surpass one million on Wednesday (Jun 5), as crypto backers push politicians to create a...
Hong Kong says 11 crypto exchanges are closer to getting permits
Hong Kong says 11 crypto exchanges are closer to getting permits
Hong Kong’s securities regulator said 11 cryptocurrency exchanges are a step closer to obtaining licences, one year after rolling out a digital-asset rulebook to try and foster a hub...
Crypto exchange-traded products get UK regulatory approval
Crypto exchange-traded products get UK regulatory approval
THE United Kingdom’s financial regulator approved the first cryptocurrency exchange-traded products (ETPs), a step towards catching up to other financial centres in digital assets.WisdomTree said it received the green...
US lawmakers seek to clean up crypto regulation
US lawmakers seek to clean up crypto regulation
THE US House of Representatives on Wednesday adopted a bill that would create a new legal framework for digital currencies, in a move cheered by crypto supporters but opposed...
US dollar edges down, Ether’s 2-month high fuels crypto rally
US dollar edges down, Ether’s 2-month high fuels crypto rally
THE US dollar struggled for direction on Tuesday (May 21) as investors stuck to their views for the expected timing of Federal Reserve monetary easing this year.
Crypto lender Genesis to return US billion to customers in bankruptcy wind-down
Crypto lender Genesis to return US$3 billion to customers in bankruptcy wind-down
CRYPTO lender Genesis Global received court approval on Friday to return about US$3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital...
Crypto boom, erratic rain spark outages in Laos, Asia’s clean power export hub
Crypto boom, erratic rain spark outages in Laos, Asia’s clean power export hub
HIGHER electricity demand in Laos due to cryptocurrency mining and erratic rainfall have led to power shortages, an advisor to its state-run utility said, revealing challenges to the nation’s...