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FTX takes aim at the $300 billion luxury goods market and hires a beauty entrepreneur to head the push

Crypto exchange FTX has hired Lauren Remington Platt to work on partnerships with luxury and fashio…

Adam Morgan McCarthy   


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'King Dollar' is in no danger of losing supremacy to the yuan or cryptocurrencies because of its dominance in trading, a chief economist says

"The reality is the dollar can't be avoided and it will remain the dominant currency in trading and…

Shalini Nagarajan   


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Bitcoin is one signature away from becoming legal in Ukraine and it's not following in El Salvador's footsteps

On September 8, the Ukrainian Parliament introduced its crypto bill that allows the governme…

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Russian lawmaker proposes accepting bitcoin for its oil and gas exports from 'friendly' countries like China and Turkey

Russia's head of the energy committee said the national currency of friendly buyer countries &mdash…

Shalini Nagarajan   


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Russian individuals and companies are using crypto to evade sanctions, the European Central Bank says

The volume of rubles being exchanged for crypto has hit its highest point since May 2021, ECB Presi…

Phil Rosen   


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Coinbase says it's blocked 25,000 Russian accounts, as the crypto exchange steps up its efforts to stamp out illicit activity

Coinbase's chief legal officer said 25,000 Russian accounts had been blocked as part of the exchang…

Adam Morgan McCarthy   


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There's no evidence Putin is using cryptocurrencies to dodge sanctions and Russia's too big for that anyway, crypto experts tell lawmakers

"You can't flip a switch overnight, and run a G-20 economy on cryptocurrency," Michael Mosier, a de…

Shalini Nagarajan   


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Crypto donations are a more efficient way to fund Ukraine's defense needs and are being spent on bulletproof vests and rations, a top minister says

"Crypto was one of the ways we fight back," government minister Alex Bornyakov said, laying out why…

Adam Morgan McCarthy   


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Concern that crypto could let Russians dodge sanctions 'underscores the need' for regulation, Fed's Powell says

"I just think it underscores the need, really, for congressional action on digital finance, includi…

Adam Morgan McCarthy   


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Shalini Nagarajan   


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Ukraine says it is now accepting polkadot as part of the crypto donations to fund its resistance to Russia's invasion

Ukraine added polkadot to its growing list of accepted cryptocurrencies for donation as the country…

Adam Morgan McCarthy   


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The US may target Russia's access to bitcoin and other cryptocurrencies as possible further sanctions amid Ukraine war

The possible sanctions would likely target crypto exchanges transacting with blacklisted Russian ba…

Natasha Dailey   


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3 mins read

As Russia invaded Ukraine, bitcoin plunged here's what Sam Bankman-Fried, Michael Saylor, and other top voices in crypto had to say about it

"Wars create inflation, cripple commerce, and make bitcoin compelling," MicroStrategy CEO Michael S…

Adam Morgan McCarthy   


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Binance is launching a crypto payments card for Ukrainians fleeing their country during Russia's invasion

The Binance Refugee Crypto Card will serve users of the exchange from Ukraine who are escaping Russ…

Carla Mozée   


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Bitcoin and ethereum lead sell-off in cryptocurrencies as Russia-Ukraine tensions continue to dampen spirits

Bitcoin and cryptocurrencies broadly were in the red on Friday as worries about a Russian invasion …

Adam Morgan McCarthy   


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The US has sanctioned crypto-mining firm Bitriver to prevent Russia from bypassing energy export bans

The US Treasury said that Russia's advantage in energy resources and having a cold climate make its…

Weilun Soon   


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Russia was invading, so a Ukrainian converted his life savings of $10,500 into the crypto token terra. Then the token crashed.

The Kyiv, Ukraine, resident said he wanted to avoid the risks from Russia's war or a currency colla…

Weilun Soon   


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Coinbase CEO Brian Armstrong says crypto is a lifeline for regular Russians, and the exchange won't ban them unless the law tells it to

"We don't think there's a high risk of Russian oligarchs using crypto to avoid sanctions," Brian Ar…

Adam Morgan McCarthy,Karen Fr…   


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Former Fed chair Alan Greenspan warned a US recession is on its way and slammed failed crypto exchange FTX in a recent Q&A. Here are the 10 best quotes.

"A recession does appear to be the most likely outcome at this time," the 96-year-old economist sai…

George Glover   


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Bitcoin could drop to $30,000 by June, led by a new slump in tech stocks, says the founder of BitMEX crypto exchange

"As long as the 10-day correlation stays high, we must stay defensive on our crypto positioning," s…

Carla Mozée