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The Latest Breaking News on Crypto

JIB introduces digital coin for loyalty scheme

IT retailer JIB Computer Group has embraced corporate blockchain technology as it pushes its utility token JBC coin to serve as a new marketing tool and draw the interest of younger generations.

Bangkok Post

Bet365 gambling fatcat boss earns £213million in one year - or £600,000 a DAY

Bet365's Denise Coates, 55, was paid more than £200m in just one year, one of the biggest salaries ever awarded in the UK after founding the company from a portable cabin in a Stoke car park in 2000

Daily Mirror

Cathie Wood Watch: Ark Buys Coinbase Amid Crypto Woes

Coinbase, the largest U.S. cryptocurrency exchange, suffers from weakness in the crypto market. Asset manager Cathie Wood sees opportunity.

The Street

From analysis to the latest developments in health,
read the most diverse news in one place.

Three simple ways brands can get ahead with Web3 in 2023

Community, value, experience and collective wealth. Futurist Haifa Barbari explains what these buzzwords mean for brands and Web3 and how to get ahead of the curve

Evening Standard

Bet365 boss Denise Coates was paid more than £260m in year to March

Pay package is drop of about £35m on previous year but she still ranks as one of world’s best-paid executives

The Guardian - UK

RSL Australia warned over NSW clubs split

The boss of RSL Australia has backed turning pokies cashless in NSW as he points to flak his charity receives over confusion with clubs bearing the RSL brand.

AAP

Crypto Price Check: Regulators Start New Year With a Warning

Federal banking regulators have put banking organizations on notice about their crypto activities, and bitcoin could be heading for a violent swing.

The Street

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FTX Collapse May Claim Another Big Victim: Crypto Lender Genesis

The crypto lender is on the verge of bankruptcy, according to the Wall Street Journal.

The Street

Explainer-Why Ovidio Guzman is one of Mexico's most wanted men

Mexican security forces on Thursday arrested cartel leader Ovidio Guzman, son of incarcerated kingpin Joaquin "El Chapo" Guzman, the country's defense minister said.

Reuters

As pressure builds, crypto firm Genesis cuts 30% of workforce

Several firms have suffered from waning investor appetite for crypto after major exchange FTX blew up late last year.

Al Jazeera

YouTuber accuses Logan Paul of turning his crypto game into a scam

YouTuber Coffeezilla says Logan Paul turned cryptocurrency game CryptoZoo into a scam, though Paul denies making a profit

USA Today Sports Media Group

Millions of workers are subject to noncompete agreements. They could soon be banned

The Federal Trade Commission has proposed a new rule that bans the use of noncompete agreements, calling them an exploitative practice that suppresses wages and hampers innovation.

WEKU

Mark Cuban Warns of Potential New Crypto Scandal and Fraud

The billionaire investor tells TheStreet that a new scandal will soon rock the cryptocurrency industry.

The Street

Silvergate forced to cover $8bn worth of crypto-related withdrawals

The US bank was forced to sell $5.2bn worth of assets for cash and booked a loss of $718m on those sales

The Guardian - UK

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The Independent UK

FTC proposes rule that would ban noncompete clauses

The Federal Trade Commission is proposing a new rule that would prevent employers from imposing noncompete clauses for workers that prohibit them from joining a competitor, typically for a period of time, after they leave the company

The Street

How Jobs Data Could Define Market's Next Move: Live Insight & Analysis

Amazon announces jobs cuts on the eve of Friday's jobs reports. Catch the stories driving stocks and the broader economy live at 9:30 a.m. ET.

Investors Business Daily

Silvergate Capital Dives On Crypto Exodus, Fed Seizures

Silvergate Capital reported more than $8 billion in crypto-asset withdrawals in the fourth quarter; Feds move to seize assets.

The Street

Silvergate Stock Plummets as FTX Collapse Triggers $8.1B in Customer Withdrawals

"The digital asset industry has undergone a transformational shift, with significant over-leverage in the industry leading to several high-profile bankruptcies," Silvergate said.

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Evening Standard

Top UK-listed tech firms lose £20 billion in value in 2022

A number of firms have been forced to slash the size of their workforce in a bid to cut costs and stay afloat

The Guardian - US

Tech grifters out, Abercrombie in: what the ‘vibe shift’ will bring in 2023

Sean Monahan, who coined the term, sees a difficult year ahead for Silicon Valley and the music scene

The Guardian - UK

Crypto chaos: how Crawley crumbled under owners’ reckless leadership

The League Two club are in serious trouble thanks to an owner in the dugout, a 32-day managerial reign and a bizarre bonus

AAP

Unions NSW back cashless gaming cards

Unions NSW is the latest worker group to back cashless gaming cards as debate about problem gambling and money laundering rolls on before the state elections

The Street

Coinbase Faces Huge Fine Over Ignoring a Key Flaw

An investigation found the popular cryptocurrency broker left itself vulnerable in an important, exploitable way.

Tribune News Service

Dallas company finds a way to profit off bitcoin mining without accepting the high risk

When cryptocurrency prices were on a tear during the COVID-19 pandemic, with prices peaking in November 2021, a Dallas businessman started looking for a way to benefit from the surge without accepting the high risk.

The Independent UK

How a true crime filmmaker renamed Bernie Madoff as a ‘financial serial killer’

The director tells Clémence Michallon about his new Netflix documentary ‘Madoff: The Monster of Wall Street’, the collapse of FTX, Ponzi schemes and how history seemingly repeats itself

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Joaquin “El Chapo” Guzman

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