Crypto trader convicted in $110 million mango markets fraud

A US jury has found cryptocurrency trader Avraham Eisenberg guilty of fraud charges stemming from his manipulation of the Mango Markets decentralised exchange last October. The 28-year-old was convicted of commodities fraud, commodities manipulation, and … Read more

Swiss National Bank rejects public digital currency

The Swiss National Bank (SNB) has ruled out issuing a central bank digital currency (CBDC) for everyday use by the public. SNB Chairman Thomas Jordan said current payment options offered by private companies are sufficient … Read more

Bitcoin rally batters short sellers

Crypto stock short sellers have incurred mark-to-market losses of $1.9 billion so far this year, according to data from S3 Partners. The staggering losses come as Bitcoin, the largest cryptocurrency, has rallied 67% year-to-date, propelled … Read more