Financial News

Say what you will about enigmatic Bitcoin (BTC), but the cryptocurrency is up 55.7% in 2023.

NEW YORK (AP) — A former top executive at the failed FTX cryptocurrency exchange pleaded guilty Thursday to making tens of millions of dollars in illegal campaign contributions to U.S.

Sam Bankman-Fried is the lone not guilty plea among top FTX executives charged with fraud related to the firm’s collapse.

Brine Fi believes demand for decentralised exchanges will continue to grow amid concern about the security of centralised platforms

Layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.

The biggest layoffs this summer came at Yellow Corp., CVS Health, KPMG, Biogen and Binance.

Robinhood’s shares, which had been slumping in recent weeks, shot up after it announced it bought more than $605 million in shares that had previously been controlled by Sam Bankman-Fried.

The dollar Dollar set for weekly loss after being on course to snap a six-week winning streak against major peers on Friday, as it headed into a pivotal monthly U.S. jobs report.

I recently came across some important global studies. 75% teens felt inconfident about their financial knowledge, 22% felt they lacked even basic, foundational financial skills, 33% couldn’t tell the difference between credit and debit cards.

The fact is that you can be at risk from quantum computers that do not yet exist because of what is know as the “harvest now, decrypt later” attack.

Investors are crying foul over an unclear delisting rule on certain cryptocurrencies, as they may end up facing unwanted financial losses when local crypto exchanges make abrupt decisions.

Tax Notes contributing editors Robert Goulder and Joseph J. Thorndike examine Robert F. Kennedy Jr.’s cryptocurrency tax proposal, all in five minutes.