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Investors flee crypto funds in largest exodus since March - CoinShares

LIVE MARKETS-Investors flee crypto funds in largest exodus since March - CoinShares Nasdaq slightly green, S&P 500 ~flat, Dow declines ~0.5% Real estate leads S&P 500 sector gainers; Energy weakest group S&P banks index down ~4% Dollar ~flat; gold, bitcoin slightly higher; crude slides >4% U.S. 10-Year Treasury yield falls to ~3.66% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Bitfarms Appoints Alex Brammer To Svp Of Global Mining Operations

BRIEF-Bitfarms Appoints Alex Brammer To Svp Of Global Mining Operations Sept 10 (Reuters) - Bitfarms Ltd BITF.TO : BITFARMS LTD: APPOINTS ALEX BRAMMER TO SVP OF GLOBAL MINING OPERATIONS BITFARMS LTD: PROMOTES BENOIT GOBEIL TO CHIEF INFRASTRUCTURE OFFICER BITFARMS: SEPARATES MINING OPERATIONS INTO 2 UNITS, INFRASTRUCTURE AND MINING OPERATIONS Source

UK financial watchdog charges man with running illegal crypto ATMs

UK financial watchdog charges man with running illegal crypto ATMs LONDON, Sept 10 (Reuters) - Britain's financial watchdog said on Tuesday it had for the first time charged an individual for unlawfully running crypto ATMs without its registration. London-based Olumide Osunkoya, 45, is accused of operating the ATMs - machines that allow you to buy or convert money into cryptoassets - and processing 2.6 million pounds ($3.4 million)in crypto transactions across several locations between December

Standard Chartered starts custody services for digital assets in the UAE

Standard Chartered starts custody services for digital assets in the UAE By Hadeel Al Sayegh DUBAI, Sept 10 (Reuters) - Standard Chartered said on Tuesday it had begun offering digital asset custody services in the United Arab Emirates, with Brevan Howard Digital, the crypto and digital asset division of the British hedge fund, as an inaugural client.
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Standard Chartered Launches Digital Asset Custody Service In UAE

BRIEF-Standard Chartered Launches Digital Asset Custody Service In UAE Sept 10 - STANDARD CHARTERED STAN.L : STANDARD CHARTERED LAUNCHES DIGITAL ASSET CUSTODY SERVICE IN THE UAE OFFERING HAS BEEN GRANTED A LICENCE BY THE DUBAI FINANCIAL SERVICES AUTHORITY (DFSA) WITHIN THE DUBAI INTERNATIONAL FINANCIAL CENTRE (DIFC) SERVICE ENABLES CLIENTS TO SAFEK
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BlockTower hires veteran tech executive as co-portfolio manager

MOVES-BlockTower hires veteran tech executive as co-portfolio manager By Carolina Mandl NEW YORK, Sept 9 (Reuters) - Digital assets investment firm BlockTower Capital Advisors has hired veteran technology executive Samuel Gaer as a senior co-portfolio manager for the liquid trading strategy, it said on Monday. Gaer was until recently managing his own money at proprietary quantitative firm Katana Financial.

Losses from crypto scams grew 45% in 2023, FBI says

Losses from crypto scams grew 45% in 2023, FBI says By Hannah Lang Sept 9 (Reuters) - Losses from cryptocurrency-related frauds and scams increased 45% in 2023 from 2022, totaling more than $5.6 billion, as scammers increasingly took advantage of the speed and irreversibility of digital asset transactions, the U.S. FBI said Monday. WHY IT IS IMPORTANT Cryptocurrencies like bitcoin and ether have become more popular as token prices have soared to new highs and as exchange-traded funds tracking th

Crypto stocks rise on bitcoin strength

BUZZ-Crypto stocks rise on bitcoin strength ** Shares of cryptocurrency and blockchain-related companies rise premarket as bitcoin advances ** Bitcoin BTC= , the world's biggest cryptocurrency, is up 0.8%; Ether ETH= rises 0.9% ** Cryptocurrency exchange Coinbase Global COIN.O up 2.2%; miners Riot Platforms RIOT.O , Marathon Digital MARA.O and U.S.
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Neutral sentiment rises in latest AAII survey

LIVE MARKETS-Neutral sentiment rises in latest AAII survey Major stock indexes down: Nasdaq tumbles >2% All 11 S&P sectors red; communication services down most Dollar up; gold, oil down; bitcoin down >4% U.S. 10-yr Treasury yield dips to 3.72% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com NEUTRAL SENTIMENT RISES IN LATEST AAII SURVEY Neutral sentiment among individual investor
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With US yield curve disinversion, is recession on the horizon?

LIVE MARKETS-With US yield curve disinversion, is recession on the horizon? Major stock indexes down: Nasdaq tumbles >2% All 11 S&P sectors red; tech down most STOXX 600 slides ~1.1% Dollar up; gold, oil down; bitcoin down >3% U.S. 10-yr Treasury yield dips to 3.72% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Nasdaq down 2%, leads selloff in US stocks

LIVE MARKETS-Nasdaq down 2%, leads selloff in US stocks Major stock indexes down: Nasdaq tumbles >2% All 11 S&P sectors red; tech down most STOXX 600 slides ~1.1% Dollar up; gold, oil down; bitcoin down >3% U.S. 10-yr Treasury yield dips to 3.7% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com NASDAQ DOWN 2%, LEADS SELLOFF IN US STOCKS After opening slightly higher, major U.S.
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Jobs report drill-down: Soft, yes, but 50-basis-points soft?

LIVE MARKETS-Jobs report drill-down: Soft, yes, but 50-basis-points soft? Major stock indexes down: Nasdaq tumbles >2% All 11 S&P sectors red; tech down most STOXX 600 reverses, slides ~1.2% Dollar ~flat; gold, oil down; bitcoin down >3% U.S. 10-yr Treasury yield dips to 3.68% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Crypto shares slump on bitcoin weakness

BUZZ-Crypto shares slump on bitcoin weakness ** Shares of cryptocurrency- and blockchain-related companies down, tracking weakness in bitcoin ** Bitcoin BTC= , the world's biggest cryptocurrency, is down ~2.5%, while ether ETH= down ~1.7% ** Crypto exchange Coinbase Global COIN.O down ~2.5%, U.S.-listed shares of blockchain farm operator Bitfarms L
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Ethereum, any takers?

LIVE MARKETS-Ethereum, any takers? Major stock indexes down: Nasdaq falls ~1.6% STOXX 600 up 0.1% Dollar, gold, bitcoin, oil down U.S. 10-yr Treasury yield dips to 3.69% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com ETHEREUM, ANY TAKERS?
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Core Scientific CFO to step down; shares fall

BUZZ-Core Scientific CFO to step down; shares fall ** Crypto miner Core Scientific's CORZ.O shares down ~2.8% at $9.95 premarket ** CORZ says Chief Financial Officer Denise Sterling has decided to step down ** Sterling's departure is effective May 1, 2025 or as soon as a permanent successor has been identified - company ** Bitcoin BTC= , the world'

Top super PAC backing Kamala Harris to accept cryptocurrency donations

Top super PAC backing Kamala Harris to accept cryptocurrency donations By Kanishka Singh WASHINGTON, Sept 4 (Reuters) - A top super political action committee (PAC) backing U.S. Vice President and Democratic presidential candidate Kamala Harris known as Future Forward PAC will accept cryptocurrency donations, a Coinbase spokesperson said Wednesday.

Robinhood in $3.9 mln settlement with California over crypto withdrawals

UPDATE 1-Robinhood in $3.9 mln settlement with California over crypto withdrawals New throughout, adds Robinhood comment, settlement details, share price, byline By Jonathan Stempel Sept 4 (Reuters) - A cryptocurrency platform run by Robinhood Markets HOOD.O will pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts from 2018 to 2022, California Attorney General Rob Bonta said on Wednesday.

Robinhood reaches $3.9 mln settlement with California over crypto withdrawals

Robinhood reaches $3.9 mln settlement with California over crypto withdrawals Sept 4 (Reuters) - A cryptocurrency platform run by Robinhood Markets HOOD.O will pay $3.9 million for failing to let customers withdraw cryptocurrency from their accounts from 2018 to 2022, California Attorney General Rob Bonta said on Wednesday. The settlement with Robinhood Crypto also resolves claims that the platform failed to fully disclose aspects of its trading and order handling arrangements.

Binance executive detained in Nigeria to know bail decision next month

Binance executive detained in Nigeria to know bail decision next month ABUJA, Sept 4 (Reuters) - Binance's head of financial compliance Tigran Gambaryan, on trial for money laundering in Nigeria, will know on Oct. 9 whether he will be released on bail or remain in prison custody after a judge deferred ruling on his request on Wednesday. Gambaryan, a U.S.

Mara Announces Bitcoin Production And Mining Operation Updates For August 2024

BRIEF-Mara Announces Bitcoin Production And Mining Operation Updates For August 2024 Marathon Digital Holdings Inc MARA.O : MARA ANNOUNCES BITCOIN PRODUCTION AND MINING OPERATION UPDATES FOR AUGUST 2024 MARATHON DIGITAL HOLDINGS INC - TARGETS 50 EH/S BY END OF 2024 MARATHON DIGITAL HOLDINGS : AS OF AUG 31, HELD A TOTAL OF 25,945 UNRESTRICTED BTC So



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