Cryptocurrencies

Andreessen Horowitz bets on crypto with $4.5-bn fund, largest of its kind

The fund, the fourth crypto-dedicated investment vehicle for Andreessen Horowitz, brings its total digital-asset-focused efforts to $7.6 billion

'I'm not a billionaire anymore': Another crypto tycoon sees fortunes sink

Buterin created Ethereum in 2014 and is the owner of a digital wallet that as recently as November contained holdings worth about $1.5 billion

Crypto-loving S Koreans bet on Luna rising from ashes, worrying regulator

Reckoning they have little to lose with prices so ridiculously low, South Korean speculators in recent days have piled into Luna, a cryptocurrency that lost 99.99% of its value last week

Small investors lose faith and savings in cryptocurrencies after sell-off

Cryptocurrencies are subject to patchy regulation across the world, with traders of bitcoin and the panoply of smaller tokens typically unprotected against price slumps

Bitcoin edges past $30,000-mark as traders assess stablecoin fallout

The world's largest cryptocurrency rose 2% to about $30,500 as of 9:08 a.m. in London. Other coins from Ether to Avalanche also posted modest gains.

Crypto mayhem: $3.5 bn worth Bitcoin in Terra reserve just evaporated

The global crypto mayhem last week wiped out Bitcoin worth $3.5 billion -- created to defend and support the TerraUSD (UST) stablecoin which saw a total crash

Cryptos can 'seriously undermine' monetary system: RBI tells House panel

The digital assets can lead to 'dollarisation' of economy, say top officials of the central bank.

Bears tighten grip on cryptocurrency market after spell of volatility

Prices crashed, exchanges facing liquidity issues

ARK's Cathie Wood just keeps buying Coinbase and getting more inflows

While the rest of Wall Street was ditching Coinbase stock, Wood and her team stuck to their playbook and used the drop to increase holdings, adding about 860,000 shares in the week through Thursday

Bitcoin set for record losing streak after 'stablecoin' collapse

Crypto-related stocks have taken a pounding, with shares in broker Coinbase steadying overnight but still down by half in little more than a week.

Over $200 billion wiped off cryptocurrency market in a day: CoinMarketCap

Bitcoin plunged by as much as 10 per cent in the last day to its lowest level since December 2020, while Ethereum dropped as much as 16 per cent

Terra developers halt new transactions on stablecoin blockchain

The value of Luna fell close to zero on Thursday, while UST remained around 36 cents

Terra Luna cryptocurrency collapses 98%, investors lose life savings

The dramatic crash of Terra (Luna), ranked among the top 10 most valuable cryptocurrencies, has wreaked havoc in the lives of investors who are feared they will become homeless after the crypto mayhem.

Crypto billionaires' vast fortunes destroyed in weeks amid global sell-off

Billionaire crypto fortunes that swelled over the last two years are disappearing after a selloff that began with tech stocks spilled over into digital money

Collapsed stablecoin TerraUSD announces recovery plan, seeks outside funds

Stablecoins are digital tokens pegged to the value of traditional assets, such as the US dollar.

Mayhem in crypto market as Bitcoin dips below $30,000-mark, investors panic

The overall global cryptocurrency market dropped 13 per cent, and was hovering around $1.37 trillion market cap, which is its lowest this year

Bitcoin falls to 22-month low of $31,763 as stock markets tumble

Bitcoin dropped to as low as $32,763.16 shortly before 1100 GMT, in its fifth consecutive session of falling.

California moves to consider adoption and regulation of digital currencies

Gov. Gavin Newsom signed an executive order for state agencies to move in tandem with the federal government to craft regulations for digital currencies

Wikimedia Foundation discontinues accepting cryptocurrencies as donation

The WMF began accepting Bitcoin, Bitcoin Cash and Ethereum donations in 2014

Going green: How to ditch fossil fuels powering the bitcoin network

The amount of energy used by computers to solve the puzzles grows as more computers join the effort and puzzles are made more difficult