Sam Bankman-Fried was arrested in the Bahamas. His detention followed a notification from the US that it had filed criminal charges against the disgraced co-founder and former head of digital-asset exchange FTX, according to the Bahamas attorney general....

FTX struggles with insolvency following one of the most volatile weeks in crypto history. Meanwhile, exchanges look to provide proof of reserves.

One of the world’s largest cryptocurrency trading platforms Coinbase has reported a larger than expected quarterly loss, as investors worried by the fall in the value of riskier assets move away from trading in cryptocurrencies.