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Indian Finance Minister Echoes Central Bank’s Crypto Ban Call but Says Global Collaboration Is Required

The question is among the first crypto-related queries in Parliament after reports that the RBI is responsible for a "shadow ban" on cryptocurrencies after payment processors cut off crypto exchanges. The question read, "whether the Reserve Bank of India (RBI) has issued instructions, circulars, directions, warnings etc. regarding restricting the issuance, buying, selling, holding and

Judge freezes assets of crypto hedge fund Three Arrows Capital

Comment on this storyCommentA federal bankruptcy court has frozen the assets of Three Arrows Capital, the once-prominent crypto hedge fund that managed as much as $10 billion in assets until it fell into liquidation last month.In an emergency hearing Tuesday, Judge Martin Glenn of the Southern District of New York granted a motion allowing liquidators

Major crypto lender Celsius files for bankruptcy

July 13 (Reuters) - U.S. crypto lender Celsius Network said on Wednesday it had filed for bankruptcy in New York, becoming the latest victim in the cryptocurrency sector of a dramatic plunge in token prices.New Jersey-based Celsius froze withdrawals last month, citing "extreme" market conditions, cutting off access to savings for individual investors and sending

How bad is the crypto market crash? Take a look at Coinbase

Among those reeling from the billions of dollars lost in the cryptocurrency crash, no company has taken a greater beating than Coinbase. The nation's largest and first publicly traded crypto exchange, Coinbase has seen its stock price plunge 81% this year, and has recently announced plans to shed one-fifth of its staff. With Coinbase reporting a $430 million first-quarter
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