Twitter has changed its icon... to the Dogecoin Token symbol... DogeCoin soared over 20% to 4 month highs as the market noticed Musk's change... It's not just DogeCoin that is getting a bump. Ethereum is back above $1800... As CoinTelegraph notes, just two days prior, Elon Musk, CEO of Twitter and T...

  Paris isn’t alone in vying to be a crypto hub, but the rhetoric of Emmanuel Macron’s administration chimes with its view that crypto is part of a bigger contest to attract business. But without security for investors and overconfidence, the risks of a backlash are also real Since FTX’s dramatic im...

Crypto firms are scrambling to find institutions to bank with after the collapse of Signature Bank and Silvergate Capital, two lenders that were friendly to digital currency companies. Some of these companies have turned to crypto-friendly Swiss banks, flooding them with requests for banking servic...

The action is meant to prevent banking sector contagion, but uncertainty may worsen credit conditions. The action is meant to prevent banking sector contagion, but uncertainty may worsen credit conditions. When SVB collapsed, crypto market faced a blow after one of the largest operators of USDC, Cir...

Update (0900ET):  Here are some of the top headlines (via Bloomberg) from Silvergate's call with investors this morning:  *SILVERGATE SAYS CLIENTS ARE TAKING HUGE PAUSE IN CRYPTO *SILVERGATE NOT SEEING CLIENTS CLOSING ACCOUNTS, LEAVING CRYPTO *SILVERGATE FOCUSED ON BEING BEST PROVIDER FOR CRYPTO SPA...

US regulators have issued their first ever joint warning to banks over the risks associated with the cryptocurrency market. The watchdogs told financial institutions to be wary of potential fraud, legal uncertainty and misleading disclosures by digital asset firms. Banks were also cautioned over th...

2022 was supposed to be the year crypto went mainstream, with a significant chunk of traditional venture capital firms betting heavily on the ecosystem in 2021. However, with one disaster after another, 2022 turned out to be a catastrophic year for the nascent crypto ecosystem. Some of the biggest n...

We’ve done our best to put together 22 points that we think tell the story of this year in crypto. Everything shown is as of December 26th or December 27th. 1. Total crypto and stablecoins market cap 2021: +$162mn per hour 2022: -$164m per hour Almost exactly, 2022 undid every dollar crypto and stab...

A former official of the People’s Bank of China (PBOC), the country’s central bank, has expressed disappointment that China’s digital yuan is seeing little use. Xie Ping, a former PBOC research director and current finance professor at Tsinghua University, made critical public comments about China’s...

Crypto endured a major hangover year in 2022 after a 2020-21 boom during the central banks' Covid liquidity party. The emerging blockchain space was battered by central banks removing the punch bowl, harsh macroeconomic environment, bankruptcies, exchange blowups, stablecoin implosions, and even cri...

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says the problem with auditing cryptocurrency exchanges, like Binance and FTX, is the same as when he started using a new kind of credit default swap. “Our auditors were learning on the job,” he described, adding that...

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says the problem with auditing cryptocurrency exchanges, like Binance and FTX, is the same as when he started using a new kind of credit default swap. “Our auditors were learning on the job,” he described, adding that...