ITEC

Exclusive: Behind FTX’s fall, battling billionaires and a failed bid to save crypto

November 10 (Reuters) – (This story contains language that some readers may find offensive in paragraph 2) On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off guard with a grim message. “I’m sorry,” he told them. “I screwed up.” The reason for the mea culpa: its announcement half an hour …

Exclusive: Behind FTX’s fall, battling billionaires and a failed bid to save crypto Read More »

Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

Souvenir tokens representing the Bitcoin, Ethereum, Dogecoin and Ripple cryptocurrency networks dive into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register Sep 20 (Reuters) – Merger has come, seen and conquered. Not that you would guess from crypto prices. The mega-upgrade to the …

Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge Read More »

Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown

Souvenir tokens representing the Bitcoin cryptocurrency and the Ethereum network, with its native token Ether, dip in water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Sep 13 (Reuters) – For years, ether could hardly dream of challenging its big brother bitcoin. Now his ambitions …

Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown Read More »

Sudden crypto drop sends bitcoin to three-week low

Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug 19 (Reuters) – Cryptocurrencies fell sharply on Friday, with a sudden selloff dragging bitcoin to its lowest level in three weeks. Bitcoin fell 7.7% to $21,404 within minutes during the European …

Sudden crypto drop sends bitcoin to three-week low Read More »