Cryptocurrencies melt down in a ‘perfect storm’ of fear and panic
The moment of panic amounted to the worst reset in cryptocurrencies since bitcoin plummeted 80% in 2018.
Nomura starts offering bitcoin derivatives to clients in Asia
Japan’s biggest brokerage is offering nondeliverable forwards and nondeliverable options settled in cash, and can now trade bitcoin futures and options.
Crypto’s chainsaw massacre bloodies digital exchanges
The platforms that have promoted Bitcoin and other new currencies have a lot to answer for.
Unexpected collapse in stablecoin TerraUSD exposes cryptocurrency market risk
As cryptocurrency prices plummeted this week, stablecoins were supposed to be isolated from the chaos. Instead, one broke from its 1:1 dollar peg.
Crypto billionaires’ vast fortunes are destroyed in weeks
Questions have been raised about Coinbase’s ability to withstand the sharp decline in cryptocurrency prices, forcing its founder to take to Twitter to defend the company.
Does the cryptocurrency crash pose a threat to the financial system?
Compared with the Fed's last tightening cycle, cryptocurrency is a much bigger market, raising concerns about its interconnectivity with the rest of the financial system.
Energy-hungry bitcoin moves into sights of U.S. environmental movement
Major environmental groups are belatedly mounting a national pressure campaign criticizing its use of fossil fuels as the country tries to slash emissions to meet climate change goals.
Bitcoin may serve many masters in the war in Ukraine
Cryptocurrencies face a bad rap, but they’re showing the world they have the ability to be a force for good with the Russian invasion of Ukraine.
Bitcoin was made for this moment. So why isn’t it booming?
For years, bitcoin buffs who were questioned by skeptics about the value of the cryptocurrency would respond by saying: Just wait.
Japan warms up to the potential of cryptocurrencies
Mitsui & Co. is planning a cryptocurrency linked to the yen-denominated price of one gram of gold.
America's bitcoin miners have Georgia on their minds
Hundreds of thousands of mining machines worth billions of dollars are plugging into electrical grids across America, spawning an entirely new industry.
Japan's ¥100 trillion cryptocurrency market may ease onerous listing rules
Under new rules the industry’s self-regulatory body is weighing, crypto-exchanges would be allowed to list more than a dozen coins in one go without a lengthy screening process.
