Latest Cryptocurrencies News

Binance Australia customers seen selling bitcoin at a discount

UPDATE 1-Binance Australia customers seen selling bitcoin at a discount Adds comments from Binance spokesperson in paragraphs 4-5, context on banking relationships in paragraphs 9-11 SINGAPORE, May 30 (Reuters) - Bitcoin prices on the Australian arm of Binance, the world's largest crypto-currency exchange, were at a 20% discount to rival exchanges on Tuesday, in a sign customers were seeking to exit their positions quickly.
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Binance Australia customers seen selling bitcoin at discount to rival exchanges

Binance Australia customers seen selling bitcoin at discount to rival exchanges SINGAPORE, May 30 (Reuters) - Bitcoin prices on the Australian arm of Binance, the world's largest crypto-currency exchange, were almost A$9,000 lower than prices on rival exchanges on Tuesday, in a sign customers were seeking to exit their positions quickly. The price of the world's biggest cryptocurrency, bitcoin BTC=BTSP , was at around A$34,000($23,062.20) on Binance Australia , compared with A$43,000 on BTC Mark
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Bankman-Fried charges should not be tossed, prosecutors say

Bankman-Fried charges should not be tossed, prosecutors say By Luc Cohen NEW YORK, May 29 (Reuters) - Prosecutors urged a Manhattan federal court judge on Monday to deny a request by FTX founder Sam Bankman-Fried to dismiss criminal charges accusing him of stealing billions of dollars from customers to plug losses at his hedge fund. Bankman-Fried, the 31-year-old former cryptocurrency billionaire, has pleaded not guilty to 13 counts of fraud, conspiracy, making illegal campaign contributions and

Binance names Teng as head of regional markets outside US

Binance names Teng as head of regional markets outside US May 29 (Reuters) - Binance has appointed Richard Teng to head its regional markets outside the United States, at a time when the world's largest cryptocurrency exchange has been facing scrutiny from U.S. regulators over compliance issues. Teng, who revealed his promotion on his LinkedIn profile, is already heading regions like Asia, Europe and the Middle East.

Singapore's Temasek cuts staff compensation after failed FTX investment

UPDATE 4-Singapore's Temasek cuts staff compensation after failed FTX investment No misconduct by Temasek's investment team Team, senior management took "collective accountability" Temasek did not detail the amount of compensation cut Adds analyst comment in paragraphs 5-6 and context in paragraphs 2 and 7 By Urvi Manoj Dugar and Yantoultra Ngui May 29 (Reuters) - Singapore's Temasek Holdings TEM.UL said it cut compensation for the team that recommended investing in the now-bankrupt FTX cryptocu

Singapore's Temasek cuts pay for those responsible for FTX investment

REFILE-Singapore's Temasek cuts pay for those responsible for FTX investment Corrects date May 29 (Reuters) - Singapore state investor Temasek Holdings said on Monday it had cut compensation for the team and senior management that recommended its investment in the now-bankrupt FTX cryptocurrency exchange. Reporting by Urvi Dugar in Bengaluru, editi

Temasek Releases Chairman's Statement On FTX Internal Review

BRIEF-Temasek Releases Chairman's Statement On FTX Internal Review May 28 (Reuters) - TEMASEK RELEASES CHAIRMAN'S STATEMENT ON FTX INTERNAL REVIEW TEMASEK-WITH FTX, AS ALLEGED BY PROSECUTORS AND ADMITTED BY EXECS, THERE WAS FRAUDULENT CONDUCT INTENTIONALLY HIDDEN FROM INVESTORS INCLUDING TEMASEK TEMASEK- WHILE THERE WAS NO MISCONDUCT BY INVESTMENT

Winklevoss twins' exchange seek dismissal of SEC lawsuit over Gemini Earn

Winklevoss twins' exchange seek dismissal of SEC lawsuit over Gemini Earn By Jonathan Stempel May 26 (Reuters) - An exchange run by the twins Tyler and Cameron Winklevoss on Friday asked a U.S. judge to dismiss a Securities and Exchange Commission lawsuit claiming it illegally sold unregistered securities in a program that promised high interest rates to hundreds of thousands of investors.

Dollar set for third week of gains as US debt talks loom large

FOREX-Dollar set for third week of gains as US debt talks loom large Updates prices, adds analyst comment, adds FX table By Hannah Lang WASHINGTON, May 26 (Reuters) - The dollar was set for a third straight weekly gain on Friday, as markets raised bets on higher-for-longer interest rates and amid closely watched last-ditch talks on the U.S. debt ceiling.
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Coinbase Says Investigating Issue Where Small Number Of Customers Seeing One Of Their Retail Wallets Displayed With Message "Held As Borrow Collateral"

BRIEF-Coinbase Says Investigating Issue Where Small Number Of Customers Seeing One Of Their Retail Wallets Displayed With Message "Held As Borrow Collateral" May 26 (Reuters) - Coinbase Global Inc COIN.O : COINBASE- INVESTIGATING ISSUE WHERE SMALL NUMBER OF CUSTOMERS SEEING ONE OF THEIR RETAIL WALLETS DISPLAYED WITH MESSAGE "HELD AS BORROW COLLATER

Dollar pares losses after inflation data, set for third week of gains

FOREX-Dollar pares losses after inflation data, set for third week of gains Updates prices, adds details of PCE data By Hannah Lang and Iain Withers WASHINGTON/LONDON, May 26 (Reuters) - The dollar pared losses on Friday after a fresh readout of inflation data and was on track for a third straight weekly gain, as markets raised bets on higher-for-longer interest rates and nervously eyed last-ditch talks on the U.S.
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Dollar set for third week of gains as US debt talks loom large

FOREX-Dollar set for third week of gains as US debt talks loom large Updates prices, adds ECB chief economist; paragraph 12 By Iain Withers LONDON, May 26 (Reuters) - The dollar eased on Friday but stayed on track for a third straight weekly gain, as markets raised bets on higher-for-longer interest rates to curb sticky inflation and nervously awaited resolution of last-ditch talks on the U.S.
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Dollar set for third week of gains as US debt talks loom large

FOREX-Dollar set for third week of gains as US debt talks loom large By Iain Withers LONDON, May 26 (Reuters) - The dollar eased on Friday but remained on track for a third straight weekly gain, as markets raised bets on higher-for-longer interest rates to curb sticky inflation and nervously awaited a resolution to last-ditch U.S. debt ceiling talks.
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US Bitcoin Corp Selected To Manage Restructured Mining Division Of Celsius Network

BRIEF-US Bitcoin Corp Selected To Manage Restructured Mining Division Of Celsius Network May 25 (Reuters) - US BITCOIN CORP SELECTED TO MANAGE RESTRUCTURED MINING DIVISION OF CELSIUS NETWORK LLC USBTC- WILL ENTER INTO ONE OR MORE OPERATING AND SERVICES AGREEMENTS WITH RESTRUCTURED COMPANY TO BECOME EXCLUSIVE OPERATOR OF ALL MINING ASSETS USBTC - WILL ALSO RECEIVE FROM FAHRENHEIT A FEE OF $15 MILLION PER YEAR NET OF OPERATING EXPENSES TO MANAGE MINING DIVISION OF RESTRUCTURED COMPANY USBTC-EXPECT

Am Group Enters Non-Legally Binding MOU On Strategic Cooperation

BRIEF-Am Group Enters Non-Legally Binding MOU On Strategic Cooperation May 25 (Reuters) - Am Group Holdings Ltd 1849.HK : ENTERED INTO A NON-LEGALLY BINDING MEMORANDUM OF UNDERSTANDING ON STRATEGIC COOPERATION WITH HONG KONG DIGITAL ASSET EXCHANGE MOU TO EXPLORE EFFECTIVE USE OF RESOURCES TO EXTENSIVELY COOPERATE IN FIELD OF DIGITAL CURRENCY, AMONG

Digital Financial Technology Firm Circle Announces Launch Of Euro Coin On Avalanche

BRIEF-Digital Financial Technology Firm Circle Announces Launch Of Euro Coin On Avalanche May 25 (Reuters) - DIGITAL FINANCIAL TECHNOLOGY FIRM CIRCLE - LAUNCH OF EURO COIN ON AVALANCHE Source text for Eikon: ID:nPn2nQ1RRa

OpenAI's Sam Altman raises $115 mln for Worldcoin crypto project

OpenAI's Sam Altman raises $115 mln for Worldcoin crypto project May 25 (Reuters) - OpenAI Chief Executive Sam Altman has raised $115 million in a Series C funding round led by Blockchain Capital for a cryptocurrency project he co-founded. The project, Worldcoin, aims to distribute a crypto token to people "just for being a unique individual". The project uses a device to scan irises to confirm their identity, after which they are given the tokens for free.

EU watchdog calls for curbing leverage in crypto trading

EU watchdog calls for curbing leverage in crypto trading FRANKFURT, May 25 (Reuters) - European Union authorities should curb leveraged bets on crypto assets by introducing limits for investment funds, exchanges and other firms to stop shocks in that industry from jeopardising financial stability elsewhere, an EU watchdog said on Thursday. It was one of several recommendations made by the European Systemic Risk Board, which ranged from demanding regular reports from all companies involved with c
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Blockchain.com CEO says US default would hit crypto initially

UPDATE 1-Blockchain.com CEO says US default would hit crypto initially Adds detail, quotes By Andrew Mills DOHA, May 25 (Reuters) - A U.S. government default would trigger an initial pull-back from crypto currencies followed by a "push upward" the CEO of London-based crypto firm Blockchain.com said on Thursday. The U.S. government could fall behind on its bills next month - and even default on its debt - if Congress does not raise a $31.4 trillion cap on government borrowing , a failure that cou

Norway should move faster on crypto rules, central bank says

Norway should move faster on crypto rules, central bank says OSLO, May 25 (Reuters) - Norwegian authorities should move to establish a national regulatory framework for cryptoassets and not wait for European legislation to come into effect, Norway's central bank said on Thursday. "An international regulatory framework is crucial. Nevertheless, the Norwegian authorities should assess whether to proceed more quickly rather than wait for international regulatory solutions," the central bank said in



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