CurrencyFeaturedSetback for ‘Saudi Vision 2030’? Crypto firm Kraken closes UAE officeIFM CorrespondentFebruary 9, 2023February 10, 2023 by IFM CorrespondentFebruary 9, 2023February 10, 2023 The Kraken episode comes at a time when the crypto sector is undergoing prolonged negative volatility since 2022... Read more
CurrencyFeaturedCoinDesk mulls selling business, Cardano founder presents offerInternational Finance Business DeskJanuary 24, 2023 by International Finance Business DeskJanuary 24, 2023 CoinDesk made USD 50 million in revenue in 2022 through web advertising, its index, and its events businesses... Read more
CurrencyFeaturedSam Bankman-Fried says FTX US is solventInternational Finance Business DeskJanuary 23, 2023 by International Finance Business DeskJanuary 23, 2023 Since leaving his position as CEO in November, Sam Bankman-Fried has yet to have access to FTX documents... Read more
MagazineTechnologyCrypto ‘Profit’ Scam: Dark side of the webInternational Finance Business DeskJanuary 15, 2023January 16, 2023 by International Finance Business DeskJanuary 15, 2023January 16, 2023 The report cited Instagram being the target medium for scammers, accounting for 32% of online fraud... Read more
CurrencyFeaturedBlockFi bankruptcy impact: Focus now on pension funds’ crypto commitmentsInternational Finance Business DeskDecember 23, 2022December 23, 2022 by International Finance Business DeskDecember 23, 2022December 23, 2022 Cryptocurrency volatilities have mostly been in the negative zone, with Bitcoin alone losing 20% of its value in a single week... Read more
CurrencyFeaturedCrypto investments: Goldman Sachs’ next destinationInternational Finance Business DeskDecember 15, 2022 by International Finance Business DeskDecember 15, 2022 According to Mathew McDermott, the fallout from FTX's bankruptcy increased Goldman Sachs' trading volume... Read more
CurrencyFeaturedAnother crypto bubble burst on the way?International Finance Business DeskNovember 28, 2022November 29, 2022 by International Finance Business DeskNovember 28, 2022November 29, 2022 As per Elliptic, a blockchain forensics firm, USD 477 million worth of crypto assets were taken away from the FTX exchange... Read more
Business LeadersFeaturedThe rise & fall of FTX founder Sam Bankman-FriedInternational Finance Business DeskNovember 21, 2022November 21, 2022 by International Finance Business DeskNovember 21, 2022November 21, 2022 Sam Bankman-Fried resigned as the FTX Group CEO, and issued an apology on Twitter... Read more
CurrencyFeaturedHow does crypto exchange bankruptcy affect investors?International Finance Business DeskNovember 17, 2022 by International Finance Business DeskNovember 17, 2022 Investors in cryptocurrencies risk losing all of their money or bitcoin in the event of bankruptcy... Read more
CurrencyFeaturedSix reasons why you should invest in cryptocurrencyInternational Finance Business DeskNovember 16, 2022November 17, 2022 by International Finance Business DeskNovember 16, 2022November 17, 2022 Cryptocurrency transactions can be done either by using a smartphone app or a digital wallet... Read more