The Latest Breaking News from Cryptocurrency

International exchange for crypto assets is in effect unregulated – and may have been built on sand

The cryptocurrency market continued its downward trajectory on Thursday morning, reeling under the implications of a failed deal between cryptocurrency exchange Binance and its rival FTX, with prices of major digital assets, including altcoins, trading at levels not seen

Life in the cryptocurrency industry is rarely quiet for long, and after a tumultuous summer, it seems the market is now entering a “crypto winter”. Over the past week, the founders of two of the largest cryptocurrency exchanges – Binance and FTX – have had a public Twitter spat that…

Firm valued at $25bn in 2021 suffered bank run-style crisis as investors rushed to withdraw money

Binance said it would not be pursuing a deal after completing due diligence.

Cryptocurrency markets endured heavy losses on Thursday, with bitcoin near a two-year low as investors fretted about the fallout from the implosion of FTX, the world’s second-largest crypto exchange.

Major coins plunged sharply on Wednesday evening amid a wider rout as the cryptocurrency market capitalization dropped 11.3% to $812.9 billion at 8:30 p.m. EST.

Binance pulled out of the deal after its corporate due diligence and reports of mishandled funds.

For a while there, Sam Bankman-Fried looked like the real thing.

Whether you’re looking to buy the dip or sell your crypto, here’s how to protect your wallet and your information while doing so.

In a startling revelation amid the fiasco surrounding FTX, Galaxy Digital Holdings Ltd (OTC: BRPHF) revealed it has a $76.8 million exposure to the beleag