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 […]
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 […]
Terra’s $1 per token market value was supposed to be kept in place by an algorithm. But the stablecoin’s sudden failure has led to a bailout attempt involving the world’s […]
Cryptocurrency exchange Binance today regained access to the UK’s Faster Payments system, which enables 24/7 real-time sterling payments of up to £1m. Binance is using UK-based electronic money institution Paysafe […]
Paris-based data provider Kaiko has introduced a new ranking of 35 crypto exchanges. The ranking places two of the world’s largest three exchanges by trading volumes—Binance and FTX—outside the top […]
Last year commodity giant Glencore pocketed $1.3bn through a clever trade it made when oil prices briefly went negative. Amidst the coronavirus shock to global trade flows, tankers idled, crude […]
The incredible boom in fintech and crypto banking is eroding long-standing protections for depositors and creating wider systemic risks. Deposit insurance and depositor preference If you deposit money in a […]
Binance, the cryptocurrency exchange at the centre of a recent global regulatory crackdown, may have covered up the extent of client liquidations during the May 19 crypto crash, according to […]
Cryptocurrency exchange Binance is facing legal action or new regulatory scrutiny in at least ten countries as a global crackdown spreads. But the exchange is fast unveiling new payment gateways […]
Lots of cryptocurrency traders got rekt (wrecked) during Wednesday’s market rout. But were their positions liquidated at a fair price? The latest crypto crash has prompted renewed questions about the […]