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The Latest Breaking News on Crypto

Cathie Wood's Ark Makes 3 Bold Bitcoin Predictions

Bitcoin has slid 47% over the past year, but has rebounded 36% over the past month to $23,019.

The Street

Bangkok lauded as global hub for cryptocurrencies

Bangkok has emerged as the world's 10th largest crypto hub, according to new research from cryptocurrency tax software company Recap.

Bangkok Post

Bankrupt FTX exchange asks for its political donations to be returned

Cryptocurrency exchange and its debtors seek refund of money donated by company’s founder Sam Bankman-Fried

The Guardian - US

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Australian losses to online marketplace fraud increase as scams become increasingly sophisticated

Consumer groups say online platforms like Facebook Marketplace and Gumtree need to do more to keep customers safe

The Guardian - AU

Washington turns hostile on crypto

The White House is closing a door the industry fought hard to open.

Axios

FTX asks for its political donations back

FTX's debtors are confidentially contacting "political figures, political action funds and other recipients."

Axios

Crypto traders with 'hundreds of thousands' on line seek rehab help for addiction

People caught up in the frenzy of impulsive crypto trading face symptoms similar to other types of addictions and may turn to rehabilitation clinics for support

Daily Mirror

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The new global gold rush

After decades of being seen as a go-nowhere investment, investors are taking a shine to gold again.

WEKU

Government moves to tighten rules for crypto

Crypto-curious Aussies will have stronger safeguards after the federal government announced measures it says will protect consumers.

AAP

Billionaire Charlie Munger Delivers Very Bad Crypto News

Warren Buffett's right-hand man calls on the U.S. to ban cryptocurrencies.

The Street

Money laundering syndicate believed to be linked to crime boss George Marrogi is broken up

Police in Victoria say 24 people have been charged with offences after a money laundering syndicate linked to Middle Eastern organised crime was broken up.

ABC News

Steps needed to utilise China

Entrepreneurs are urging the government to launch new measures to develop logistics and equip them with better capabilities to compete with foreign rivals following the reopening of China, according to the latest survey by the Federation of Thai Industries (FTI).

Bangkok Post

Crypto Isn't a Currency and Should Be Banned, Billionaire Munger Says

Warren Buffett's right-hand man calls on the U.S. to ban cryptocurrencies.

The Street

Digital pound has ‘risks but no obvious benefits’, says ex-Bank of England chief

Lord King of Lothbury stresses the need to be selective and ‘not driven by a misplaced enthusiasm for all things crypto’.

The Independent UK

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The Independent UK

Targeting Iran, US tightens Iraq's dollar flow, causing pain

In recent weeks, Iraq’s currency has taken a plunge, largely as a result of newly imposed measures that have restricted dollar transfers from the United States

ABC News

Black and White Cabs booking service offline after cyber attack

The company says a CryptoLocker virus has infiltrated its network, and it has reported the attack to the Australian Cyber Security Centre.

Bangkok Post

Bitcoin jumps to highest since August in post-fed crypto rally

Bitcoin hit the highest since August as investors interpreted Federal Reserve Chair Jerome Powell’s comments about progress on inflation as a sign that a less harsh monetary policy backdrop lies ahead.

AAP

Police seize record $150m as crime syndicate smashed

The Australian Federal Police has arrested nine people allegedly involved in a money laundering ring, seizing $150 million in property and luxury items.

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Bangkok Post

Securities stocks gain amid share tax rumour

Shares of Finansia Syrus Securities (FSS) led gains for securities stocks on Wednesday, according to industry sources, based on the possibility the government may delay the implementation of the controversial financial transaction tax (FTT).

Bangkok Post

Parties invited to debate challenges

The Federation of Thai Industries (FTI) plans to invite political party leaders to debate Thailand's economic challenges and their solutions as the country gears up for a new general election.

Crikey

Billionaires tried to ‘save’ media. They failed

When the uberwealthy arrived to rethink media, many rejoiced. Disarray and a vacuum of journalistic integrity lay in their wake.

USA Today Sports Media Group

If FanDuel and DraftKings want lower tax rates in New York, they need more than empty threats

The sportsbooks said they could offer worse odds to New York customers if tax rates aren't reduced.

ABC News

Australian Federal Police dismantle alleged international criminal syndicate based in Sydney

Federal police charge nine people and restrain 20 properties including luxury homes in Sydney's east and a 360-hectare block of land near the future Western Sydney Airport.

Los Angeles Times

Tom Girardi, disgraced LA lawyer and ‘Real Housewives’ spouse, indicted on fraud charges

LOS ANGELES — Tom Girardi, the once-vaunted Los Angeles trial attorney, was indicted by federal grand juries in two states on fraud charges amid allegations of swindling millions of dollars from injured and wounded clients, prosecutors announced Wednesday.

The Guardian - UK

Darktrace boss defends UK cybersecurity firm amid short-seller attacks

Embattled firm to launch £75m share buyback to bolster stock price after criticism of sales and marketing

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