Sam Bankman-Fried (SBF), the founder and former CEO of collapsed crypto exchange FTX, has been taken into custody in the Bahamas at request of US government prosecutors.
Cryptocurrency
American federal prosecutors have named a Scottish “ghost” firm in connection to a $500 million (£414m) cryptocurrency scam, alleging it was used to help launder the ill-gotten gains. Two Estonians were arrested by United States authorities and accused with internationally defraudi
John J. Ray, the lawyer known for taking over Enron after its collapse has been put in charge of failed crypto exchange FTX, founded and run by Sam Bankman-Fried.
Analysts at JP Morgan have suggested Bitcoin could fall to $13,000 (£11,040) amid the recent market instability. After this week's collapse of FTX, which was one the largest bitcoin exchanges by volume often handling over $1 billion (£850 million) in daily transactions, the cryptocu
Santander has announced it will start capping bank transfers to crypto exchanges starting this month. Following warnings from the Financial Conduct Authority (FCA) on the risks of investing in cryptoassets, the bank has been gradually taking more steps to reduce the risk to consumers falling prey to
The organisation behind Scotcoin – Scotland’s first and only digital currency – has struck what is thought to be the first cryptocurrency sponsorship deal in Scottish rugby. Scotcoin is now a sponsor of Glasgow Hutchesons’ Aloysians (GHA) rugby union club. The Giffnock-based
Cryptocurrency markets have lost significant value in recent weeks as the total market dropped below $1 trillion (£867 billion). The losses come as the two main digital currencies, Bitcoin and Ethereum, have taken heavy losses, dropping 5.9% to $18,720 and 9.2% to $1,514 respectively. This is
A gathering of crypto enthusiasts and Bitcoin Angels at Stirling Castle has raised £13,500 for the cancer charity Maggie’s. In addition to the £5000 donated directly from artist and organiser Trevor Jones he is also willing to match contributions up to 5 Ethereum, as more continues
A new partnership has announced the launch of a card allowing users to make everyday purchases using cryptocurrencies such as Bitcoin.
Joe Ferguson is a family law solicitor at JMW Solicitors, a law firm with a specialist digital assets offering for commercial and individual clients. He discusses the possibility of cryptoassets for asset concealment and how this should be considered.
abrdn has concluded a deal to become the largest external shareholder in Archax, a UK-regulated digital securities exchange.
The All Party Parliamentary Group (APPG) for the UK Crypto and Digital Assets sector has launched an inquiry into the UK's cryptocurrency and digital assets sector.
Edinburgh-based crypto platform Zumo has received funding from Innovate UK, the UK's national innovation agency, to conduct further research into practical decarbonisation solutions. Under the RenewableCrypto project, Zumo will now work with its partner, Zero Labs, to conduct further research into p
Scotland’s first whisky focused non-fungible token (NFT) start-up has celebrated a move into consultancy services, made possible by support from Business Gateway. The technology of NFTs has been most commonly associated with sales of art, but the possible applications of the technology are far
Alan Howard, the founder of hedge fund Brevan Howard, is reported to be planning to launch a $1 billion venture dealing with cryptocurrency hedge funds. Elwood Asset Management, which manages his personal crypto assets, is currently working on a platform aimed at creating portfolios of crypto funds