My Big Coin cryptocurrency firm founder gets 8 years in prison for fraud
BOSTON, Jan 31 (Reuters) – The founder of a defunct cryptocurrency business was sentenced on Tuesday to more than eight years in prison for defrauding...
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Asia Gold Indian dealers offer hefty discounts as high prices dent sales
Indian dealers, jewellers postpone purchases ahead of budget India expected to slash gold import duty to undercut smugglers Singapore premiums range between $1 and $2.50...
U.S. judge says Celsius Network owns most customer crypto deposits
Jan 4 (Reuters) – A U.S. bankruptcy judge ruled on Wednesday that Celsius Network owns most of the cryptocurrency that customers deposited into its online...
Insurer AIG profit slumps on hurricane costs, lower investment returns
Nov 1 (Reuters) – Insurer American International Group Inc (AIG.N) on Tuesday reported a more than 39% decline in quarterly profit as investment income fell...
Asia Gold Indian market gets festive spark, China premiums stay high
Dip in India jewellery demand, investment side strong – dealer ‘No indication of fresh import quotas for China’ Oct 27 (Reuters) – The festival of...
Abu Dhabi fund ADQ invests $125 mln in female-led Aliph Capital
DUBAI, Oct 24 (Reuters) – Abu Dhabi sovereign wealth fund ADQ has invested $125 million in the debut fund launched by Aliph Capital, the Middle...
Binance-linked blockchain hit by $570 million crypto hack
LONDON, Oct 7 (Reuters) – A blockchain linked to Binance, the world’s largest crypto exchange, has been hit by a $570 million hack, a Binance...