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Cryptoverse: Bitcoin miners escape the bear trap
Cryptoverse: Bitcoin miners escape the bear trap

By Medha Singh and Lisa Pauline Mattackal

Jul 16, 2023
Dollar gains after strong New York factory survey
Dollar gains after strong New York factory survey

By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) – The dollar climbed to a one-month high against Japan’s yen on Monday as traders eyed up another interest rate hike from the Federal Reserve, while the Bank of Japan stuck to its easy money policies.

Apr 17, 2023
SEC chair to defend rulemaking, enforcement record before Congress
SEC chair to defend rulemaking, enforcement record before Congress

By Chris Prentice and John McCrank NEW YORK (Reuters) – The head of the U.S. Securities and Exchange Commission (SEC) plans to defend its rulemaking and policing of market misconduct at a Tuesday hearing led by Republican lawmakers who have accused it of overstepping its authority.

Apr 17, 2023
FTX celebrity promoters say crypto investors cannot sue over accounts
FTX celebrity promoters say crypto investors cannot sue over accounts

By Jody Godoy (Reuters) – Celebrities who promoted FTX, including NFL quarterback Tom Brady and comedian Larry David, said an investor lawsuit seeking damages in the wake of the cryptocurrency exchange’s collapse should be dismissed.

Apr 17, 2023
US SEC charges Bittrex with operating an unregistered securities exchange
US SEC charges Bittrex with operating an unregistered securities exchange

(Reuters) – The U.S. Securities and Exchange Commission charged cryptocurrency exchange Bittrex Inc and its former CEO with operating an unregistered national securities exchange, broker and clearing agency.

Apr 17, 2023
U.S. SEC to weigh taking more feedback on plan to expand ‘exchange’ definition
U.S. SEC to weigh taking more feedback on plan to expand ‘exchange’ definition

By Chris Prentice NEW YORK (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Friday will weigh reopening a 2022 proposal that would expand the definition of an “exchange” following pushback from the cryptocurrency industry which fears being ensnared.

Apr 14, 2023
Japan convening panel on digital yen as BOJ pilot scheme gets underway
Japan convening panel on digital yen as BOJ pilot scheme gets underway

TOKYO (Reuters) – Following the Bank of Japan’s launch this month of a pilot programme to test the use of a digital yen, the Ministry of Finance plans to convene a meeting of experts on April 21 to discuss the way forward.

Apr 14, 2023
Crypto investors face delays in withdrawing funds after Ethereum upgrade
Crypto investors face delays in withdrawing funds after Ethereum upgrade

By Elizabeth Howcroft LONDON (Reuters) – Cryptocurrency investors are facing delays to withdraw funds deposited on the Ethereum blockchain after its major software upgrade, highlighting persistent headaches for Ethereum which aims to have the technology widely used for instant payments.

Apr 13, 2023
Dollar drops to two-month low on cooling U.S. inflation
Dollar drops to two-month low on cooling U.S. inflation

By Harry Robertson and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar fell to a two-month low on Thursday after data showed U.S. inflation slowed sharply in March, bolstering hopes that the Federal Reserve’s rate-hiking campaign is either already finished or will be by May.

Apr 13, 2023
Twitter joins eToro to let users see real-time stock information
Twitter joins eToro to let users see real-time stock information

(Reuters) – Trading and investing platform eToro said on Thursday it has partnered with Elon Musk-led Twitter to let users access real-time prices for cryptocurrencies, stocks and others assets.

Apr 13, 2023
Bankrupt crypto exchange FTX has recovered $7.3 billion in assets -attorney
Bankrupt crypto exchange FTX has recovered $7.3 billion in assets -attorney

(Reuters) – Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and crypto assets, an increase of more than $800 million since January, the company’s attorney said on Wednesday at a U.S. bankruptcy court hearing.

Apr 12, 2023
Ethereum upgrade to unlock over $30 billion in crypto tokens
Ethereum upgrade to unlock over $30 billion in crypto tokens

By Tom Wilson (Reuters) – The software that underpins the second-biggest crypto coin ether is due for a software upgrade on Wednesday that will give investors access to more than $30 billion of the digital tokens.

Apr 12, 2023
Binance.US to delist digital asset tokens TRON, Spell
Binance.US to delist digital asset tokens TRON, Spell

SINGAPORE (Reuters) – The U.S. arm of cryptocurrency exchange Binance said it will remove digital asset tokens TRON and Spell from its trading platform, sending the prices of both down sharply on Wednesday.

Apr 12, 2023
G7 to discuss digital currency standards, crypto regulation
G7 to discuss digital currency standards, crypto regulation

By Leika Kihara (Reuters) – Group of Seven (G7) advanced economies will consider how best to help developing countries introduce central bank digital currencies (CBDC) consistent with appropriate international standards, Japan’s top currency diplomat Masato Kanda said on Tuesday.

Apr 11, 2023
Ex-Deutsche Bank investment banker charged in U.S. with crypto fraud
Ex-Deutsche Bank investment banker charged in U.S. with crypto fraud

By Luc Cohen NEW YORK (Reuters) – A former Deutsche Bank AG investment banker has been charged in an indictment unsealed on Tuesday with misappropriating funds from investors who he wooed with promises of big returns from cryptocurrency trading.

Apr 11, 2023
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