Bloomberg reports that Genesis may be getting ready to declare bankruptcy. The troubled crypto lender has been under the shadow of insolvency for weeks, following the credit crisis that has hit the crypto industry.Genesis was one of the largest lenders in the space, often acting…

The dollar touched a seven-month low on Wednesday, reversing a trend that dominated much of 2022 as lower expectations of sharp Federal Reserve rate rises eased pressure on global markets.The fall in the US currency, one of the steepest since the aftermath of the global…

DAVOS, Switzerland – The finance and tech CEOs gathering at the World Economic Forum this week expressed measured optimism about the economy in 2023 — but at least one major risk looms for markets, they said.The resilient U.S. economy, a mild European winter and China’s reopening…

US authorities have charged a Russian national with transmitting more than $700mn in illicit cryptocurrency funds that fell foul of US money laundering regulations, the latest move by legal authorities to crack down on crypto being used as a vehicle for alleged bad actors.The Department…

Royal Mail has resumed some international deliveries more than a week after a damaging cyber attack, although customers are still being warned against sending parcels abroad because of disruption to its computer systems.The cyber incident involved a ransomware attack where hackers typically lock a company…

More than a dozen companies have expressed interest in buying Britishvolt’s Northumberland factory site only hours after the battery group collapsed, as politicians warned the failure was a “disaster for the UK car industry”.Britishvolt fell into administration on Tuesday after a last-ditch fundraising effort was…