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Two South Korea-linked crypto platforms halted withdrawals in the space of 24 hours, a reminder of the ongoing risks in the digital-asset sector following a spate of blowups sparked by a market rout last year.
The regulator in the complaints against Binance and Coinbase cited more than a dozen major coins as assets that fall under its purview.
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Bitcoin's volatile week rattles faith in crypto resurgence Olivia Raimonde, Bloomberg News VIDEO SIGN OUT The sharp selloff in Bitcoin this week is stoking fresh questions about the sustainability of the cryptocurrency boom. Prices for the digital asset have tumbled about 12 per cent this week, marking the steepest decline since September. Bitcoin was higher on Friday, pushed back above US$32,000 after a series of wild swings the past two days. Commentators have cautioned that a sustained drop below US$30,000 could presage further losses. âBeing Bitcoin, a 10 per cent range intra...
From R2 to more than R500,000 a Bitcoin: what's next for the crypto currency as regulators pay close attention and more get in on trading?