Financial News

The collapsed exchange's creditors are working with the company "to evaluate all options to reboot or sell the FTX exchanges."

Bank of New York Mellon (BK) said it doesn’t consider itself a crypto bank and will continue to move slowly investing in the space during its first quarter earnings call on Tuesday.

The change aims to make Helium faster and cheaper to operate.

The Series B fundraise comes about five months after the company cut 15% of its staff amid the pressures of crypto winter.

Solana-based DeFi lender marginFi has a new chatbot called Omni.

Cubist also announced that Web3 staking provider Ankr is its first key management customer.

Luno has informed the Monetary Authority of Singapore (MAS) that it is withdrawing its license application.

The latest price moves in bitcoin (BTC) and crypto markets in context for April 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The regime applies to all companies seeking to provide services in the country, unless already licensed in financial free zones in the United Arab Emirates.

Hong Kong-based Babel Finance will have more than a year to repay debts to its creditors after suspending withdrawals in June 2022.

Members of the crypto community have called out the SEC Chairman for “shilling” Algorand.

Brian Armstrong will give suggestions to the U.K. on regulations, taxes and ensuring collaboration between the banking and FinTech sectors.