Business
Crypto exchange Coinbase to lay off 14% of staff as AI reshapes work
Cryptocurrency exchange Coinbase said it’s slashing roughly 14% of its workforce or about 700 workers, partly because artificial…
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Crypto
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The scammer, the fixer and the cop: Inside L.A.'s world of millionaire 'crypto kids'
Daniel landed in Los Angeles with his girlfriend and a hard drive containing $350,000 in bitcoin. The 17-year-old’s lifestyle was intended…
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Coinbase posts surprise loss on crypto trading slowdown
Its transaction revenue fell to US$982.7 million in Q4, from US$1.56 billion a year earlier BASE posted a surprise quarterly loss on…
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Winklevosses’ Gemini to cut jobs, scale down in crypto retreat
The twins have donated millions of US dollars to causes supporting US President Donald Trump and the Republican party The crypto exchange…
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Michael Saylor’s crypto project pounded after US$12.4 billion loss
Bitcoin’s plunge below US$65,000 is intensifying the crisis rocking the digital-asset complex, and few companies are more exposed than…
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Bitcoin plummets, driving US$2 trillion tumble in crypto market value
Bitcoin plunged on Thursday, its decline accelerating amid weakening risk sentiment driven in part by volatility in precious metals and a…
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Abu Dhabi royal invested in Trump crypto venture: report
A White House spokesperson says that the US president’s assets are in a trust managed by his children ABU Dhabi royal signed a secret deal…
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California crypto startup moves to South Dakota as debate over proposed wealth tax heats up
California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated debate about a…
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StanChart is preparing crypto expansion with prime brokerage
It will house the new business within its wholly owned venture capital unit, SC Ventures Standard Chartered plans to set up a prime…
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Iran Used $2 Billion in Crypto to Run Its Militant Proxies in 2025
crypto scam, india scam. Photo by BeInCrypto Iran’s Islamic Revolutionary Guard Corps (IRGC) transacted more than $2 billion in…
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California crypto company accused of illegally inflating Katy Perry NFTs and fraud
Four years ago, California startup Theta Labs’ cryptocurrency was soaring, and its future appeared bright when it landed a partnership…
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JPMorgan is exploring crypto trading for institutional clients
It is the latest sign of banks warming up to digital assets, and considering it less as a fringe investment JPMorgan Chase is considering…
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Top Hong Kong crypto exchange HashKey makes market debut
Hong Kong’s biggest licenced cryptocurrency exchange began trading on Wednesday (Dec 17) as the city pushes to become a global hub for the…
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US regulator grants crypto firms initial approval to launch trust banks
The regulator still has to sign off with a final stamp of approval before each of the trust banks can begin to operate Crypto giants,…
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TerraUSD creator Do Kwon sentenced to 15 years over US$40 billion crypto collapse
Kwon pleaded guilty in August to two counts, conspiracy to defraud and wire fraud Do Kwon, the South Korean cryptocurrency entrepreneur…
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Crypto elite shun NFTs for 69-million-year-old dinosaur fossils
The triceratops skeleton now resides in an 82-square-metre, windowless room inside Le Freeport Deep inside a Singaporean vault that’s been…
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US bank regulator says banks can act as crypto intermediaries
Critics say such changes have made the traditional financial sector and the loosely-regulated and volatile world of cryptocurrencies more…
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Crypto exchange HashKey seeks up to US$215 million from Hong Kong IPO
HashKey Holdings, operator of Hong Kong’s largest licensed crypto exchange, is seeking to raise as much as HK$1.67 billion (S$279 million)…
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Crypto exchange Binance gains regulatory win in Abu Dhabi
Binance Holdings has won three separate licenses from Abu Dhabi’s financial regulator, giving the crypto exchange giant one of its most…
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Robinhood to enter Indonesia with brokerage, crypto trader acquisition
The country has more than 19 million capital market investors and 17 million cryptocurrency traders Robinhood Markets will acquire…
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Bank of America expands crypto access for wealth management clients
As US President Donald Trump continues to push regulatory relief for the asset class, crypto has been benefiting from widespread…
Business
Wall Street ends lower as yields climb; crypto stocks drop
Markets have largely priced in a rate cut from the Fed at the conclusion of its two-day policy meeting on Dec 10 US stocks closed modestly…
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‘Lost their life savings’: Tokenize Xchange users sue founder and wife for over S$60 million in lost crypto assets
The firm owes its customers about S$266.3 million but has only S$2.6 million in realisable assets, interim judicial manager report reveals…
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Do Kwon says five years in prison enough for Terra crypto fraud
Terraform Labs co-founder Do Kwon says he should get no more than five years in prison in the US for his role in a fraud tied to the US$40…