Bitcoin price follows slide in Asia equity markets amid growing China protests against Covid-19 lockdowns
Reports of civil disobedience, protests and clashes with the police in cities and universities in China are unnerving financial markets in Asia
Genesis jitters keep investors on edge as contagion risks grow
Top blockchain and crypto news: Fear stalks crypto as Genesis wobbles. FTX cleanup begins. China’s NFT scene shrinks.
Bitcoin price falls to more than two-year low amid growing concerns about FTX fallout
Investors are unnerved by the possibility of more failures among companies linked to the now bankrupt FTX exchange, fearing a repeat of the Terra-Luna stablecoin collapse in May that also brought down other businesses.
Crypto exchanges see record-high week of BTC outflows, following FTX saga
Bitcoin outflows from centralized crypto exchanges rose to a historic high this week, as investors turned to self-custody options following the collapse of FTX.
FTX bankruptcy and fallout: Monday updates and commentary
The following is a running compilation of views and comments on the FTX bankruptcy and implications for the industry.
Crypto prices slide as investors pull funds on concerns other exchanges may follow FTX implosion
The collapse of one of the world’s biggest crypto exchanges last week has investors worried about the finances of other trading platforms. Cold wallet time?
Bitcoin hits lowest price in two years as Binance cancels FTX acquisition
Just over 24 hours after news of Binance’s planned acquisition of FTX shook the crypto market, a reversal of that decision sent prices even lower.
World’s largest Bitcoin miner Core Scientific’s stock tumbles amid liquidity crisis
The Nasdaq-listed company expects to deplete its cash resources by the end of this year.
US alleges Chinese spies used Bitcoin to bribe law enforcement officer
Two Chinese intelligence officers allegedly paid a double agent to help steal files related to a federal investigation into a China-based global telecom firm, reported to be Huawei.
EU targets Bitcoin with energy efficiency labeling for crypto
This isn’t the first time the bloc has examined cracking down on Bitcoin mining, and it comes amid a growing push from regulators to examine the industry’s carbon footprint.
Fintech Cooling Ahead?
Fintech’s growth in the EU has been described as “unprecedented”, but a report warns of consolidation in the years to come.