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  • WazirX blocked over 700 suspicious accounts between April-September 2022 Nov 28, 2022 02:22 PM IST

    WazirX blocked over 700 suspicious accounts between April-September 2022

    Around 40 percent of the queries received from Law Enforcement Agencies (LEAs) were related to Ponzi schemes and social engineering scams.

  • Binance to commit $1 billion for crypto recovery initiative Nov 25, 2022 06:47 AM IST

    Binance to commit $1 billion for crypto recovery initiative

    The move comes at a time when the crypto market is teetering from the collapse of FTX, which is seeking Chapter 11 bankruptcy protection in the United States.

  • 'Binance isn't a Chinese firm. Have to repeat it cause I look Chinese': CEO Changpeng Zhao Nov 24, 2022 05:59 PM IST

    'Binance isn't a Chinese firm. Have to repeat it cause I look Chinese': CEO Changpeng Zhao

    Binance CEO Changpeng Zhao said, "I've been a Canadian for 30 years."

  • Sam Bankman-Fried apologises to FTX staff for his 'irrational decisions'. Read full letter Nov 24, 2022 01:57 PM IST

    Sam Bankman-Fried apologises to FTX staff for his 'irrational decisions'. Read full letter

    FTX founder and former CEO Sam Bankman-Fried wrote, "I froze up in the face of pressure and leaks and the Binance LOI and said nothing. I lost track of the most important things in the commotion of company growth."

  • Binance is hiring. Targeting 8,000 by end of year, says CEO Changpeng Zhao Nov 23, 2022 03:12 PM IST

    Binance is hiring. Targeting 8,000 by end of year, says CEO Changpeng Zhao

    Binance CEO Changpeng Zhao said, "At the time of this tweet Binance had 5,900 people. Today we have more than..."

  • Sridhar Vembu says he had 'never heard of FTX' until its recent crisis Nov 23, 2022 02:05 PM IST

    Sridhar Vembu says he had 'never heard of FTX' until its recent crisis

    Sridhar Vembu also said that he would rather invest in gold than in cryptocurrency.

  • Binance boss says India not a viable market for crypto Nov 19, 2022 11:47 AM IST

    Binance boss says India not a viable market for crypto

    “To be honest, I don’t think India is a very crypto-friendly environment,” Changpeng Zhao, co-founder and CEO of crypto exchange Binance, said

  • New FTX CEO slams "complete failure of corporate control" Nov 17, 2022 07:01 PM IST

    New FTX CEO slams "complete failure of corporate control"

    "Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here," Ray said.

  • Binance to relaunch bid to buy bankrupt Voyager Digital: Coindesk Nov 17, 2022 03:06 PM IST

    Binance to relaunch bid to buy bankrupt Voyager Digital: Coindesk

    The report comes after Voyager called off FTX's bid to acquire the company following its collapse.

  • 'Crypto is not going away. We are still here': Binance CEO after FTX deal fiasco Nov 15, 2022 11:07 AM IST

    'Crypto is not going away. We are still here': Binance CEO after FTX deal fiasco

    Binance CEO Changpeng Zhao announced the formation of a industry recovery fund to help projects that, like FTX, are facing liquidity crisis.

  • Binance pledges to create crypto industry recovery fund, calls for regulation Nov 14, 2022 04:56 PM IST

    Binance pledges to create crypto industry recovery fund, calls for regulation

    The recovery fund will help "reduce further cascading negative effects of FTX," Zhao said in a tweet on Monday, targeting projects that are "otherwise strong, but in a liquidity crisis".

  • Author Michael Lewis spent 6 months with FTX's Sam Bankman-Fried for book on crypto Nov 14, 2022 12:38 PM IST

    Author Michael Lewis spent 6 months with FTX's Sam Bankman-Fried for book on crypto

    Best-selling author and financial journalist Michael Lewis apparently likened the rivalry between Binance CEO Changpeng Zhao and FTX founder Sam Bankman-Fried to that of Luke Skywalker and Darth Vadar of crypto.

  • Sam Bankman-Fried's cryptic tweets amid FTX tumult: 'Hacked or...?' Nov 14, 2022 10:17 AM IST

    Sam Bankman-Fried's cryptic tweets amid FTX tumult: 'Hacked or...?'

    Sam Bankman-Fried, founder and CEO of FTX, lost his billionaire status overnight as his personal wealth plummeted nearly 94 per cent.

  • Binance CEO Changpeng Zhao says crypto industry needs clarity of regulations Nov 14, 2022 09:22 AM IST

    Binance CEO Changpeng Zhao says crypto industry needs clarity of regulations

    "We're in a new industry, we've seen in the past week, things go crazy in the industry," Zhao told a gathering of G20 leaders at the summit in Bali. "We do need some regulations, we do need to do this properly, we do need to do this in a stable way."

  • Binance halts FTT deposits, CEO says Nov 13, 2022 01:33 PM IST

    Binance halts FTT deposits, CEO says

    FTX, which filed for bankruptcy on Friday, was engulfed in more chaos on Saturday when the crypto exchange said it had detected unauthorized access .

  • Sam Bankman-Fried: The fall of the crypto king Nov 12, 2022 12:25 PM IST

    Sam Bankman-Fried: The fall of the crypto king

    On November 11, FTX filed for Chapter 11 bankruptcy protection in the US. Bankman-Fried, too, resigned as CEO after his crypto empire came under scrutiny for its financial practices.

  • FTX to file for US bankruptcy protection, CEO Sam Bankman-Fried resigns Nov 11, 2022 08:03 PM IST

    FTX to file for US bankruptcy protection, CEO Sam Bankman-Fried resigns

    The move comes days after larger rival Binance walked away from a proposed acquisition and left it scrambling to raise about $9.4 billion from investors and rivals.

  • E-nuggets case | ED searches Binance crypto exchange wallet IDs, freezes Bitcoins worth Rs 22.82 crore Nov 11, 2022 03:47 PM IST

    E-nuggets case | ED searches Binance crypto exchange wallet IDs, freezes Bitcoins worth Rs 22.82 crore

    The search operation was part of the Enforcement Directorate's ongoing probe related to mobile gaming app E-nuggets.

  • Is it time to write an obituary for crypto?  Nov 11, 2022 11:13 AM IST

    Is it time to write an obituary for crypto? 

    Crytos are children of the tsunami of liquidity created by the central banks. As liquidity ebbs, cryptos too are heading for a burial, albeit amid much sound and fury 

  • Cryptocurrency roundup for November 11: SEC launches probe against FTX chief Sam Bankman-Fried, Crypto Lender BlockFi halts withdrawals, Binance reveals proof of reserves and more Nov 11, 2022 08:09 AM IST

    Cryptocurrency roundup for November 11: SEC launches probe against FTX chief Sam Bankman-Fried, Crypto Lender BlockFi halts withdrawals, Binance reveals proof of reserves and more

    The world’s largest digital currency Bitcoin and the second largest, Ethereum, staged a mini rally after two days of ruthless selling pressure

  • Sequoia thought FTX founder had the Midas touch. His company has now gone kaput Nov 10, 2022 03:38 PM IST

    Sequoia thought FTX founder had the Midas touch. His company has now gone kaput

    Sequoia has pulled out investment from FTX and Binance, the world's largest cryptocurrency exchange, has also backed out of a bailout agreement with the Sam Bankman-Fried led firm.

  • MC Explains | What is the FTX-Binance fiasco that's hammering Bitcoin? Nov 10, 2022 03:37 PM IST

    MC Explains | What is the FTX-Binance fiasco that's hammering Bitcoin?

    The emergence of crisis after crisis in the cryptocurrency ecosystem has also led to a demand for increased crypto regulation

  • Bitcoin, Ether in a sea of red. What next for the cryptocurrency market? Nov 10, 2022 01:47 PM IST

    Bitcoin, Ether in a sea of red. What next for the cryptocurrency market?

    The scrapping of the Binance-FTX deal has shaken the confidence of investors already licking their wounds following the collapse of Terraform Labs, Three Arrows Capital and Celsius Network

  • The collapse of FTX — Is this crypto’s Lehman moment? Nov 10, 2022 12:33 PM IST

    The collapse of FTX — Is this crypto’s Lehman moment?

    To non-crypto watchers, FTX’s collapse might sound boring or esoteric, the kind of story you’d happily scroll past on your way to reading about Elon Musk’s latest Twitter tempest. But within the crypto world, it is already being referred to as the industry’s “Lehman moment”

  • Cryptocurrency roundup for November 10: Binance walks out of FTX deal, US regulators initiate probe against FTX, and more Nov 10, 2022 08:04 AM IST

    Cryptocurrency roundup for November 10: Binance walks out of FTX deal, US regulators initiate probe against FTX, and more

    The fallout from FTX's liquidity issues continued to have a detrimental effect on investor mood, causing crypto markets to crash for a second day.