Tag: Cryptocurrency

technology

The Hunt for the Kingpin Behind AlphaBay, Part 6: Endgame

The direct ripple effects of that explosion of incriminating data, passed through so many institutions’ records, aren’t easy to track. But over the following years, Grant Rabenn, who served as custodian of the files the Justice Department had assembled from Operation Bayonet, says he received requests for that information as part of dozens of cases […]

business

As BlockFi files for bankruptcy, what to know about crypto protections

The BlockFi website on Nov. 17, 2022. Gabby Jones/Bloomberg via Getty Images Crypto firm BlockFi filed for bankruptcy Monday, the latest cryptocurrency domino to fall after the collapse of FTX two weeks ago threatened to destabilize companies in the broader crypto ecosystem. BlockFi offers a cryptocurrency trading exchange and interest-bearing custodial service for cryptocurrencies. The […]

business

Lessons from FTX crash – The Hindu BusinessLine

The collapse of FTX exchange, the second largest crypto trading platform globally, serves as a timely wake-up call to regulators in India. FTX’s fall highlights the risks from allowing private crypto trading platforms to function without any regulatory supervision; it highlights the vulnerability of investors and spotlights how such unregulated platforms can jeopardise the credibility […]

technology

Crypto Contagion Is Spreading, Fast

To ensure Genesis wasn’t hamstrung by the loss, its parent company, Digital Currency Group (DCG), bailed it out. But in the aftermath, Genesis cut 20 percent of its workforce to reduce costs and Michael Moro, its long-time CEO, stepped down. Genesis again found itself on the wrong side of a collapse earlier this month; when FTX filed for […]