Fintech

FTX says $415 million worth of cryptocurrency was hacked

The FTX logo displayed on a phone screen is seen through broken glass in this photo illustration taken in Krakow, Poland, on November 14, 2022. Jakub Porzycki/NurPhoto via Getty Images Bankrupt crypto firm FTX said on Tuesday that $415 million worth of cryptocurrency was hacked from the exchange’s accounts, representing a significant portion of the …

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Crypto Price Check: Favor Is Back, But Impact of Scandal Remains

Cryptocurrency prices showed signs of life as investors sifted through the remains of bankruptcies and scandals in the sector. Bitcoin (~BTCUSD) it was down 1% to $18,120.31 on Jan. 12, according to data firm CoinGecko, but is up 7.2% on the week. Ether, the native currency of the ethereum blockchain, fell 1.2% to $1,383.85 but …

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