Elizabeth Howcroft
Stories by Elizabeth Howcroft
Clients of crypto lender Celsius face long wait over fate of their funds
Celsius revealed a gaping $1.2b hole in its balance sheet when it filed for bankruptcy.
Crypto gaming firm Animoca Brands hits $5.5b valuation after $75m fundraise
The deal comes when the market is reeling from a collapse in cryptocurrency prices.
London-based crypto lender Nexo plans to buy Singapore’s Vauld
This week Vauld suspended withdrawals for its more than 800,000 customers.
US crypto firm Harmony hit by $100m heist
Thefts have long plagued companies in the crypto sector, with blockchain bridges increasingly targeted.
How crypto lender Celsius Network stumbled on risky bank-like investments
The biggest misstep seems to be investing customers' ether tokens with Lido Finance.
Bitcoin dives after US crypto lender Celsius Network freezes withdrawals
Bitcoin touched an 18-month low of $23,300.
Rising interest rates spell trouble for Buy Now Pay Later business model
BNPL transaction volumes hit $120b in 2021 up from $33b in 2019.
Bored Ape startup raises $285m of crypto in virtual land sale
The sale indicates the continued high demand for high-risk crypto assets related to online virtual worlds.
Blockchain behind popular NFT game Axie Infinity hit by $615m crypto heist
Ronin is developed by Singapore-based game studio Sky Mavis, which owns Axie Infinity.
