Diem Association sold its assets to crypto-focused bank Silvergate Capital on Monday, ending the ambitious push by Facebook/Meta to get its billions of users to adopt its own currency
While Bank of Japan has made no decision yet on own digital currency, it is proceeding with experiments and a plan to deliberate on specific designs of one, Governor Haruhiko Kuroda said
The financing - which brought the company's valuation to more than $8 billion - was co-led by D1 Capital Partners and Spark Capital
Financial authorities fear the boom in crypto trading could destabilise the economy and want to limit its impact on the economy.
With the cryptocurrency market surpassing $3 trillion in November, venture capital investors are increasingly looking to put down stakes
CEO said cryptocurrency platform was not embarking on a “bloodshed war” but planned to target countries without strong incumbents
Upbit plans to release a range of NFTs featuring members of BTS in a joint venture with the boy band’s management company, Hybe.
The cryptocurrency has been positively correlated with S&P 500 index since early 2020, meaning they broadly move up and down together
Accident left millions in Kazakhstan, Kyrgyzstan and Uzbekistan without electricity, idling trains, disrupting flights and halting apartment lifts
Central American nation became the first in the world to allow consumers to use cryptocurrency in all transactions, alongside the US dollar
Cryptocurrencies slid across the board amid rekindled fears of heated inflation and aggressive US Federal Reserve policy tightening
The Fed stressed it is not signalling any 'decisions about the appropriateness of issuing a US CBDC' while the Bank of Russia sought a crackdown on transactions and mining