Guy Hands, one of Britain's most prominent financiers, is to step down as the boss of Terra Firma Capital Partners, the buyout firm he set up more than 20 years ago.Sky News can reveal that Mr Hands, whose business empire has…
The back-to-back downfalls of promising crypto projects last year has been blamed for causing the ongoing banking crisis in the US by the Federal Reserve Bank of Chicago (FRBC). In a fresh analysis, the FRBC has said large withdrawals by…
Once hailed as a genius, South Korean entrepreneur Do Kwon -- now facing multiple criminal charges over his failed cryptocurrency -- was a brash industry figure whose fame disintegrated into global notoriety.After months on the run, the…
The US Securities and Exchange Commission has charged crypto developer Do Kwon and his company Terraform Labs with defrauding investors in what the regulator deemed a multibillion-dollar scheme, according to a…
The Securities and Exchange Commission said Thursday it has charged crypto entrepreneur Do Kwon, and the firm he co-founded called Terraform Labs, "with orchestrating a multi-billion dollar crypto asset securities fraud."The collapse of…
The US Securities and Exchange Commission is suing the creator of the collapsed Terra blockchain protocol for securities fraud following last year’s meltdown that sent reverberations throughout the cryptocurrency industry. According to the…
Bitcoin's price has fared better over the past few days but hasn't quite managed to break past the psychologically important $17,000 (roughly Rs. 13.8 lakh) level, even though the wider market appears to have turned a corner after the…
Bitcoin price continues to remain under the $21,000 (roughly Rs. 17.3 lakh) price mark as the bulls have lost force over the weekend after a strong surge in buying pressure over the past week. As things stand, the value of Bitcoin is down…
Despite seemingly enjoying the air above $19,000 (roughly Rs. 15.71 lakh), Bitcoin's price hasn't moved much as the stuttering global economy continues to spook investors. Since September 20, the top cryptocurrency has remained between…