Now playing Next Tech News Crypto lender Celsius files for bankruptcy after freezing withdrawals The cryptocurrency lending platform Celsius Network has filed for bankruptcy after pausing customer withdrawals last month. 14/07/2022
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Now playing Next no comment Ballet school in Rio favela risks closure due to lack of funds 410 students between the ages of 6 and 29 take free dance classes in Manguinhos, a favela in the north of the Brazilian city, while another 700 are on the waiting list. 05/07/2022
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Now playing Next Money Bitcoin drops below $25,000 as major crypto lender halts withdrawals Bitcoin hit its lowest level since December 2020 after Celsius Network said it was pausing all withdrawals and transfers, citing “extreme market conditions”. 13/06/2022
Now playing Next Money PayPal has a new crypto transfer tool PayPal customers in the US can also send crypto to other PayPal users in seconds with no fees or network charges. 09/06/2022
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Now playing Next Money A young person's game? A third of over 50s are investing in crypto Nearly a third of those aged 50 and above are betting on crypto as part of their early retirement plans, according to a new poll. 31/05/2022
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Now playing Next Money FTX's chief says Bitcoin has no future as a payments network: FT FTX Founder and Chief Executive Sam Bankman-Fried said Bitcoin may still have a future as "an asset, a commodity and a store of value" like gold. 16/05/2022
Now playing Next Money Global crypto regulation body likely in next year, top official says The wild volatility of cryptocurrency markets this week has alarmed financial watchdogs, and clearer rules may be coming soon. 13/05/2022
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Now playing Next Money Meta to move into finance with 'Zuck bucks' and 'creator coins' Meta is reportedly working on Facebook NFTs and 'reputation tokens' but likely won't move into crypto. 07/04/2022