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The Latest Breaking News on Crypto

Nayib Bukele Reelected in El Salvador: Despite Low Adoption, Bitcoin Remains a Main Economic Focus

Despite being legal tender, 88% of Salvadorans said that they never used Bitcoin during 2023.

Latin Times

What is the Dark Web? Brianna Ghey's killer viewed violent videos on illegal sites

The high-profile case has sparked renewed interest in the hidden parts of the internet

Evening Standard

UK Trial Opens Into Bitcoin 'Inventor' Claims

The trial of Craig Wright began in London on Monday, seeking to determine whether the Australian computer scientist invented bitcoin, the world's most popular cryptocurrency.

International Business Times

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South Korea Seeks Spot Bitcoin ETF Talks With Gary Gensler In Q2 2024: Report

South Korea, which previously warned local securities firms against brokering spot Bitcoin ETFs from the U.S., is expected to discuss the matter with the SEC chief Gary Gensler this year.

International Business Times

Case backed by Jack Dorsey seeks court ruling on bitcoin founder’s identity

Crypto Open Patent Alliance wants court in London to declare that Craig Wright is not Satoshi Nakamoto

The Guardian - UK

Visa Users Can Now Directly Withdraw Cryptocurrency in 145 Countries

Visa has partnered with Transak to enable quick crypto-to-fiat conversions.

Kiplinger

LA police arrest two people in spate of graffiti across 30 floors of skyscraper

Tagging stretches across a large portion of a $1bn unfinished project across from venue of Grammy awards on Sunday

The Guardian - US

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Did Australian Invent Bitcoin? UK Court Examines Claim

A court case starting in London on Monday will seek to determine whether Australian computer scientist Craig Wright invented bitcoin, the world's first and biggest cryptocurrency.

International Business Times

Crypto Exchange OPNX To Shut Down As FTX Bankruptcy Claims Reach 'Recovery'

OPNX, the exchange founded by two of the people behind fallen crypto hedge fund Three Arrows Capital, will shut down this month.

International Business Times

US Lawmakers Move Resolution To Repeal SEC's Crypto Custody Accounting Rule

A group of U.S. lawmakers are calling on the SEC to repeal its controversial SAB 121 policy that requires digital assets custodians to report liabilities and assets on their balance sheets.

International Business Times

US Charges 3 In $400 Million Sim-Swapping Hack Linked To FTX

A U.S. court has charged three individuals for staging a SIM-swapping hack that reportedly victimized FTX, Sam Bankman-Fried's fallen crypto exchange.

International Business Times

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Tom’s Guide

FTX Scraps Relaunch Plans, Expects Full Customer Repayment

FTX, the collapsed crypto exchange founded by Sam Bankman-Fried, said it has abandoned plans to relaunch and will instead focus on liquidating assets so it can repay customers.

International Business Times

Hackers Steal $213M In XRP, Ripple CEO Confirms 'Unauthorized Access' To Some 'Personal' Accounts

Hackers stole over $200 million worth of XRP from a crypto wallet whose ownership is unclear, and Ripple's CEO has since confirmed that some of his non-Ripple "personal" wallets were accessed.

International Business Times

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Kiplinger

How Identity Thieves Are Exploiting Your Trust

Con artists are finding new and unexpected ways to take your money and personal information. Here's what to do about it.

The Guardian - US

FTX scraps plan to revive exchange and will repay billions to customers

Cryptocurrency exchange founded by Sam Bankman-Fried ‘an irresponsible sham created by a convicted felon’, lawyer says

International Business Times

Waiting Out Bukele's 'Bitcoin City' On A Salvadoran Beach

When President Nayib Bukele announced plans to create the world's first "Bitcoin City," a futuristic metropolis financed by cryptocurrency bonds, American Corbin Keegan packed up his life in Chicago and headed for El Salvador.

The Guardian - UK

George Osborne joins Coinbase as crypto firm faces US court fight

Appointment of former UK chancellor comes as regulator sues operator over claims it flouted rules

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International Business Times

Terraform Labs Says Bankruptcy Filing 'Critical' In Its SEC Lawsuit Appeal

Terraform Labs, the blockchain firm behind the TerraUSD (UST), said Tuesday that its Chapter 11 bankruptcy filing would also help keep the Terra network's operations rolling.

International Business Times

K9 Finance Challenges The Norms By Elevating DeFi On Shibarium

The K9 Founder says that within the DeFi landscape, it's about earning more and effectively "putting your BONE to work."

Guitar World

NAMM 2024: “This pedal facilitates an alchemical dance”: Pigtronix’s Philosopher’s Tone 2 is the sequel that looks set to top the original – adding footswitchable grit to the world-class compressor pedal

A new Grit channel and a choice of Germanium or Silicone clipping add the magical final touch to the firm’s revamped compressor

International Business Times

Fidelity's Bitcoin ETF Bucks The Trend With $208 Million Surge Amid GBTC Outflow

The nine Bitcoin ETFs collectively achieved a combined volume of $994.1 million, nearly doubling the flow observed in GBTC at $570 million.

International Business Times

Crypto Security On The Rise: 27.78% Year-On-Year Decline In Hacks, Scams

November stood out as the month with the highest reported losses last year, totaling $363,367,327 from 45 incidents.

International Business Times

Bitcoin Makes Epic Comeback As BTC ETF Witnesses Boost In Trading Activity

Bitcoin demonstrated resilience by establishing stability within the $39,000 to $40,000 range and showcased its bullish strength Friday when it saw a notable surge, closing at the $42,000 mark.

The Guardian - AU

Afternoon Update: Australian charged in US over alleged role in ‘Ponzi scheme’; ‘surreal’ Sydney shark rescue; and MP criticises Nine for ‘sexist’ photo edit

Blockchain entrepreneur Sam Lee charged with conspiracy to commit fraud for his alleged role in operating the HyperVerse crypto investment schemes

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