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The Latest Breaking News on Crypto

China Launches Public Blockchain Infrastructure For Belt And Road Projects

Crypto-unfriendly China has launched a blockchain infrastructure that will reportedly not include any tokens or cryptocurrencies.

International Business Times

Tether Adds 8,888 More Bitcoin To Its Trove In Q1: On-Chain Data

Tether has added thousands more of Bitcoin to its investment treasury as the world's first decentralized cryptocurrency continues to gain traction ahead of the much-anticipated halving event.

International Business Times

Sam Bankman-Fried Expresses Remorse Over 25-Year Fraud Sentence

Bankman-Fried reportedly hinted at plans for an appeal, citing trial testimony that he claimed misrepresented events and the exclusion of crucial evidence.

International Business Times

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Tesla Has More Bitcoins Than Coinbase, Other Crypto Firms: Tracker

A Bitcoin holdings tracker shows that Tesla has more Bitcoins than Coinbase, Hut 8 Mining, and a host of other companies that actually offer Bitcoin products or services.

International Business Times

Bitcoin Could Touch $150K By Year-End 2024: Hedge Fund Manager Mark Yusko

Morgan Creek Capital's Mark Yusko believes Bitcoin can reach $150,000 at the end of the year, as he expects the halving event to drive more interest in the digital currency.

International Business Times

Bitcoin And S&P 500 Are The Big Winners Of The First Quarter, Despite Higher Bond Yields — What Is Next?

The digital currency ended the quarter hovering around $70,000, up 65%, on solid buying from spot ETFs launched by Wall Street financial powerhouses and the prospect of a tighter supply on the upcoming halving in April.

International Business Times

Prisma Finance Hacker Demands Public Apology For System Lapses, Gratitude For 'Whitehat' Efforts

A wallet associated with the exploit of Prisma Finance said over the weekend that the protocol's developers should reveal themselves, be grateful for the supposed whitehat efforts, and make a public apology for making both the hacker and users wait.

International Business Times

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Crypto-Related Exploits, Hacks, Scams Reach Over $79M In March : CertiK

CertiK said in its March 2024 report that the confirmed crypto-related exploits during the month resulted in over $52 million in losses, further highlighting the evolving ways through which threat actors leverage vulnerabilities in the cryptocurrency sector.

International Business Times

Tornado Cash Developer Roman Storm Moves To Dismiss 'Fatally Flawed' Lazarus-Linked Indictment

Roman Storm, the co-founder of embattled Tornado Cash, has filed to dismiss an indictment against him that alleged the open-source crypto tool was used to launder over $1 billion in "criminal proceeds" for North Korean hacking group Lazarus.

International Business Times

Many countries yet to fully implement steps to prevent misuse of virtual assets, says FATF

Many countries are yet to fully implement its requirements aimed at preventing misuse of virtual assets and virtual asset service providers.

The Hindu

Investing Mistakes Beginners Make and How To Avoid Them

Beginning investors make plenty of wrong turns, but many basic investing mistakes can be avoided by following these rules.

Kiplinger

Outrage On X, Questions On Political Donations Resurface After SBF's Sentencing

Sam Bankman-Fried has been slapped with a 25-year sentence for defrauding numerous individuals who believed in his fake crypto empire, but many are unhappy with the "short" sentence. Others are demanding that all the donations he made to political campaigns be returned.

International Business Times

Fallen Crypto Tycoon Bankman-Fried Gets 25-year Sentence

US District Judge Lewis Kaplan said the defendant, who became known by his initials "SBF," had shown no "real remorse."

Latin Times

US, UK Probing $20B Of USDT Flowed Through Sanctioned Russian Exchange: Report

The U.S. and UK are looking into over $20 billion of USDT that was facilitated through Garantex, a sanctioned Russia-based crypto exchange, a new report revealed.

International Business Times

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International Business Times

MicroStrategy Slumps After Kerrisdale Capital Goes Short On Bitcoin Giant

The shares of MicroStrategy, which has been enjoying the fruits of its Bitcoin strategy, plummeted Thursday after a short seller said the stock's value may be overinflated.

International Business Times

Bitcoin 'Legend' Luke Dashjr To Teach At El Salvador's Cubo+ BTC Educational Program

El Salvador's Cubo+ Bitcoin learning program has just bagged a Bitcoin OG in Luke Dashjr: entrepreneur, longtime BTC Core developer, and Bitcoin network decentralization champion.

International Business Times

Liquid Staking Protocol Prisma Finance Exploited For $11.6 Million

Prisma Finance has been exploited for $11.6 million, blockchain security firms revealed Thursday. The protocol confirmed the exploit but has yet to provide further details about the smart contract hack.

Axios

Inside the sentencing hearing of FTX founder Sam Bankman-Fried

The disgraced mogul will likely be behind bars for decades.

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Axios

FTX timeline: Behind crypto mogul SBF's meteoric rise and fall

U.S. prosecutors are seeking 40 to 50 years in prison for Bankman-Fried.

The Guardian - US

Sam Bankman-Fried is going to prison. The crypto industry isn’t any better for it

There have been no changes since the ex-mogul’s conviction as lawmakers fail to pass regulations to protect the public

The Guardian - US

‘He knew it was wrong’: Sam Bankman-Fried sentenced to 25 years in prison over FTX fraud

Judge orders disgraced crypto mogul to forfeit $11bn in assets and says he showed no remorse for his crimes

Evening Standard

Hype Machine by Joshua Oliver review: terribly timed but it captures the vibes-based world of crypto

There were plenty of good moments, the past year and a half, to publish an analysis of why crypto crashed in 2022. The week (of March 11) Bitcoin prices rose to all-time records isn’t one of them.

International Business Times

US Spot Bitcoin ETF Approval Sparks Ripple Effect in Asia, Pressures Some Nations To Rethink Crypto

The SEC's approval of spot Bitcoin ETFs in January was widely welcomed by the crypto community and in Asia, interest by some of the region's rising economies may trigger more openness to an emerging, yet significantly popular financial sector.

International Business Times

Arbitrum Partners With NFT Brand Azuki, Weeb3 To Create Anime Web3 Network

AnimeChain is expected to bring Web 3 technology closer to anime fans worldwide and improve their experience through various offerings, including games and NFTs.

WEKU

Sam Bankman-Fried sentenced to 25 years in prison for his FTX crimes

The sentence marks a stunning fall for the 32-year-old former crypto executive who was once seen as the future of finance.

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