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The Latest Breaking News on Crypto

The future of crypto hinges on a fight between the SEC and a former burger flipper

A looming courtroom battle between the largest cryptocurrency exchange and the world's most powerful regulator promises to shape the future of crypto.

WEKU

FTX founder Sam Bankman-Fried jailed after bail revoked

NEW YORK: A US judge on Friday canceled Sam Bankman-Fried's bail, citing reasonable suspicion that the charged creator of the insolvent FTX cryptocurrency exchange had attempted to influence witnesses on at least two occasions.

The Times of India

FTX founder Sam Bankman-Fried ordered to jail after being accused of witness-tampering

Failed cryptocurrency wonderkid likely to be jailed until October fraud trial

The Independent UK

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Former FTX CEO Sam Bankman-Fried ordered to jail after judge revokes his bail

A federal judge has decided the disgraced former CEO of the cryptocurency exchange should be sent to jail as he awaits trial on fraud charges.

WEKU

3 Tech Stocks Smart Money Is After

While the boom and bust in the prominent U.S. tech stocks over the past year have affected investor sentiments, there are still some cutting-edge players that are attracting smart money. To that end, let’s check out the three fundamentally sound tech stocks Apple Inc. (AAPL), Panasonic Holdings (PCRFY), and TransAct…

StockNews.com

Bitcoin scam: FIR against CCB officials for tampering with evidence

CID files FIR against ex-IOs of Bitcoin scam case for tampering evidence; FSL report indicated new files added to seized devices. Cottonpet police registered complaint under Sec 204 & 120(B) for destruction of evidence & criminal conspiracy. Allegations of stolen bitcoins swindled by top functionaries of then BJP govt.

The Hindu

FTX Bankruptcy Battle Turns Ugly As Management And Creditors Clash

FTX (CRYPTO: FTT) management is taking issue with traders and market makers on a principal creditor committee.

Zenger

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FTX founder Sam Bankman-Fried returns to New York as prosecutors push for his incarceration

FTX founder Sam Bankman-Fried is returning to New York City for a bail hearing

The Independent UK

Italian Brand TCX Launches Ikasu Lady Air Summer Sneakers

Italian motorcycle footwear specialist TCX has launched its newest summer riding shoes for women, the Ikasu Lady Air motorcycle sneakers.

RideApart

Should Robinhood Markets (HOOD) Be on Your Watchlist?

While online brokerage Robinhood (HOOD) reported a profitable second quarter, beating analysts’ revenue and earnings estimates, the company witnessed a significant user decline. Further, lingering regulatory and legal issues raise concerns about the company’s prospects. So, is this stock a solid addition to your watchlist now? Read more to find…

StockNews.com

PayPal Launches U.S. Dollar-Denominated Stablecoin

Customers who buy the digital currency can transfer it between PayPal and compatible external wallets.

Kiplinger

Stock Market Today: Stocks Drop Ahead of CPI, WeWork Tanks on Bankruptcy Concerns

The major indexes closed lower for a second straight day amid a batch of disappointing earnings reports.

Kiplinger

AOC AG276QZD Gaming Monitor Delivers 26.5 Inches of 240Hz OLED Goodness

AOC packs quite a punch with the 26.5-inch Agon Pro AG276QZD gaming monitor

Tom’s Hardware

PayPal launches its own cryptocurrency

PYUSD is a stablecoin backed by the US dollar

Evening Standard

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The Independent UK

Confused about crypto? ICONOMI is a platform that lets you copy every move of the most skilled traders

lCONOMI’s copy trading platform aims to empower users to invest in cryptocurrencies like a pro

Kiplinger

Bed Bath and Beyond Relaunches Online in U.S. and Canada

New owner Overstock merges with the brand, offering perks, mobile app and loyalty program.

The Hindu

EOW Odisha claims to have unearthed a massive cryptocurrency-based Ponzi scam

The Economic Offence Wing (EOW) of Odisha police on August 7 claimed to have unearthed one of the largest cryptocurrency-based Ponzi schemes involving ₹1,000 crore and two lakh people.

Tom’s Hardware

WorldCoin Attracts 2 Million Users, Hundreds Line-up To Stare at the Orb

Proof of Personhood can also net you a $50 return and promise you an anonymized world identity ID, there may be reasons to accept.

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Tom’s Hardware

LK-99 Superconductor Crypto Coin Surpasses $3m in Trading in First 24 Hours

A new LK-99 meme coin superconductor bandwagon cryptocurrency token was hugely popular, but its value has already nose-dived.

Zenger

Worldcoin’s Iris Scanning Technology Raises Alarms In Kenya

The Kenyan government halted operations of Worldcoin due to concerns over data privacy and public safety

Zenger

The DoJ’s Case Against Sam Bankman-Fried: Is It Enough To Repeal His Bail?

The U.S. Department of Justice (DoJ) has intensified its efforts to secure FTX (CRYPTO: FTT) founder Sam Bankman-Fried's

The Texas Tribune

Texans in Congress take bipartisan path to boost semiconductors, a crucial industry to the state

Republicans like Sen. Ted Cruz and Democrats like Rep. Colin Allred — opponents in the 2024 election — propose streamlining environmental reviews to promote investment and expansion by chipmakers.

Zenger

FTX Foundation Disturbing Initiatives Exposed In Lawsuit, Including Plans To Buy Micronesian Island

Lawsuit reveals FTX's questionable schemes, including constructing a bunker and exploring human genetic enhancement

Zenger

Crypto Exchange FTX Seeks To Exclude Dubai Subsidiary From US Restructuring

FTX argues Dubai branch's lack of business activities makes it unlikely to revive operations.

The Guardian - UK

Far-right satanist on terrorist watch jailed for making child abuse image

Harry Vaughan, convicted of 14 terror offences in 2020, admitted further crimes including possession of indecent images of children

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