Updated Trading News

SEC fines Nexo $45 million in penalties
SEC fines Nexo $45 million in penalties

American regulatory authority, the Securities and Exchange Commission (SEC) charged crypto asset platform Nexo $45 million in penalties for the unauthorised sale of a crypto lending product.

FTX reboot could falter due to long-broken user trust, say observers
FTX reboot could falter due to long-broken user trust, say observers

Crypto industry observers have been skeptical of FTX CEO John Ray's potential revival of the bankrupt crypto exchange.

FTX chief John Ray mulls resurrection of collapsed crypto exchange
FTX chief John Ray mulls resurrection of collapsed crypto exchange

FTX is exploring options to revive its bankrupt international cryptocurrency exchange, FTX.com, CEO John Ray told the Wall Street Journal.

Crypto lending unit of Genesis files for U.S. bankruptcy
Crypto lending unit of Genesis files for U.S. bankruptcy

Genesis Global Capital, one of the largest crypto lenders, froze customer redemptions on Nov. 16 after FTX stunned the financial world with its bankruptcy...

Crypto lending unit of Genesis files for U.S. bankruptcy
Crypto lending unit of Genesis files for U.S. bankruptcy

Genesis Global Capital, one of the largest crypto lenders, froze customer redemptions on Nov. 16 after FTX stunned the financial world with its bankruptcy...

Crypto lending unit of Genesis files for US bankruptcy
Crypto lending unit of Genesis files for US bankruptcy

Genesis#39; lending unit said it had both assets and liabilities in the range of $1 billion to $10 billion in its filings with the U.S. bankruptcy court.

Bitcoin, Ether Hold Steady After Genesis' Bankruptcy, Crypto Traders Say Bad News Was Priced In
Bitcoin, Ether Hold Steady After Genesis' Bankruptcy, Crypto Traders Say Bad News Was Priced In

The path of least resistance for crypto is on the higher side, one observer said, drawing attention to bitcoin's tendency to carve out double-digit gains...

Solana Blockchain SOL Token Doubles From FTX-Crash-Induced Lows, but Will It Continue to Rebound?
Solana Blockchain SOL Token Doubles From FTX-Crash-Induced Lows, but Will It Continue to Rebound?

SOL’s price has surged 114% so far this year, slowly recovering from losses from early November. Crypto traders and analysts are navigating the prospects for...

Genesis Owes Over $3.5B to Top 50 Creditors
Genesis Owes Over $3.5B to Top 50 Creditors

Genesis has over 100,000 creditors between the of its companies that declared bankruptcy.

Crypto becomes second most widely-owned asset class for women: eToro survey
Crypto becomes second most widely-owned asset class for women: eToro survey

While crypto is dubbed as the worst-performing asset class in the last year, global investors owning crypto rose from 36% to 39% on a quarter-on-quarter basis.

First Mover Asia: Bitcoin Returns to Its Winning Ways
First Mover Asia: Bitcoin Returns to Its Winning Ways

ALSO: Shaurya Malwa writes about Singapore asset management firm Cobo's initiative to introduce separate custodian, clearing and settlement services to...

Crypto lender Genesis files for bankruptcy
Crypto lender Genesis files for bankruptcy

Crypto lender Genesis Global has become the latest firm to throw in the towel following the collapse of FTX, filing for Chapter 11 bankruptcy protection in New York.

Ask a Question

Our customer service experts are always here to help