A review found that the exchange's compliance program violated state laws, making it "vulnerable to serious criminal conduct." It will pay a $50 million fine and spend the rest beefing up oversight.
BlockFi was one of the companies that FTX bailed out in recent months. Now it's a clear sign that contagion from FTX's collapse is spreading throughout the crypto industry.
The reality TV star hawked a crypto token on her Instagram account without telling her hundreds of millions of followers she'd been paid to do so.
Many first-time investors bought Bitcoin and other cryptocurrencies as they neared all-time highs, and crypto companies spent millions on marketing. Today, they are coping with painful losses.
Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of the economy, there's fear they could spread elsewhere.
Bitcoin and other cryptocurrencies are plunging. Here's what to know about a market that just a few months ago was being touted as the future of finance.
After making the cryptocurrency legal tender, President Nayib Bukele plans to launch bitcoin-backed bonds to raise $1 billion for the country.
As cryptocurrency become more mainstream, some states are introducing legislation to standardize crypto as a form of payment.
Until the middle of last year, most cryptocurrency mining took place in China. Then authorities pulled the plug. So Chinese bitcoin miners began moving their gear to U.S. towns like Kearney, Nebraska.