How to create a debit card using stolen ID details Tim Yunusov, our intrepid hacking correspondent, shows how easy it is to circumvent technology firms’ ID checks–and to spend money […]
The cryptocurrency market turmoil unleashed by the collapse of lending platform Celsius Network is putting dollar stablecoins under renewed pressure. Earlier today Celsius announced that it was pausing all withdrawals, […]
Cryptocurrency prices plummeted Monday after Celsius Network, a leading token lending platform, said it was suspending all withdrawals. In a memo published on the Celsius Network blog, the platform said […]
The US Commodity Futures Trading Commission (CFTC) yesterday sued the Gemini cryptocurrency exchange for making false and misleading statements in relation to a bitcoin futures contract launched in December 2017. […]
Several exchanges have halted withdrawals of the Solana cryptocurrency after a software problem caused developers to halt its network for several hours yesterday. Binance, Coinbase, FTX and Crypto.com reported (or […]
Cryptocurrency lender and deposit-taker Celsius Network is under increasing pressure after this month’s rout in stablecoins. As at 06.00 GMT on 27 May, Celsius’s native token $CEL was trading at […]
Take any story in the daily business news and there’s likely to be a securities finance angle to it, says Roy Zimmerhansl, my guest in the latest episode of the […]
Better-regulated digital money tokens are the real threat to the financial system. Last week’s Terra ($UST) collapse was hardly surprising: backed by little but hot air and an online cult, […]
The operators of the collapsed Terra stablecoin ($UST) last week allowed selected holders of the dollar token to cash out at close to 100 cents in the dollar, using cryptocurrency […]
Attempts to recapitalise the third-largest dollar stablecoin failed dramatically last night, sending Terra (UST) and its sister token Luna into a death spiral. After Terra lost its dollar peg on […]