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The Latest Breaking News on Crypto

Bhutan plans a $500 million fund for crypto mining in the Himalayas

Bhutan’s investment arm and Nasdaq-listed company Bitdeer Technologies Group plan to seek investors for a fund worth up to $500 million that will be used to develop green crypto mining in the Himalayan kingdom.

The Times of India

Survey upbeat on crypto acceptance

The demographic changes taking place in several countries are expected to drive greater adoption of cryptocurrency and blockchain technology, mainly among the millennial and Gen Z populations, according to a new study.

Bangkok Post

Lyft's new CEO tackles a job requiring some heavy lifting

Even before he joined Lyft’s board in 2021, David Risher had taken hundreds of trips as a passenger so he felt like he knew a lot about the ride-hailing service

The Independent UK

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Tributes paid following death of Bridge of Allan World War Two codebreaker aged 103

Bletchley Park doyenne moved to Bridge of Allan from the west end of Glasgow aged 99 to be closer to family.

Daily Record

More Thais making online gold purchases

The value of gold savings owned by Thais on online platforms rose 60-70% in the first quarter of 2023 from a year earlier as global prices rose by more than 8% during the period, while domestic gold prices hit a record, according to YLG Bullion International Co.

Bangkok Post

Invest in Bitcoin? I’m a Bitcoin Loser and I Won’t Be Going Near It Again

A Kiplinger staffer describes his experience with Bitcoin and why he won't be investing in the cryptocurrency again.

Kiplinger

Bitcoin sags after its longest streak of monthly gains since 2021

Bitcoin slipped back Monday after climbing for four consecutive months through April in the longest such winning run since 2021.

Bangkok Post

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‘Brexit has been an utter disaster’: the royal heritage firm that can’t sell its wares abroad

The Derbyshire business has its playing cards for sale at Buckingham Palace, but getting them over the Channel is now a ‘nightmare’

The Guardian - UK

How One Man Quit His 9-To-5 Job Ended Up Succeeding Making A Fortune On Laundromats

Dave Menz bought a rundown laundromat off of Craigslist that led him to make a fortune by quitting his regular job as a lineman.

Zenger

London fintech Moneybox shelves customer crypto investing plans

Moneybox has shelved its plans to introduce crypto products to customers as the London fintech distances itself from digital assets amid market volatility and cost-of-living pressures.

Evening Standard

The UK is on the cusp of being a crypto hub — but only if it’s regulated properly

City Voices: The Government should commit to fully implementing a regulatory regime by 2024.

Evening Standard

Hamas armed wing announces suspension of bitcoin fundraising

The armed wing of the Palestinian Islamist group Hamas said on Thursday it would stop receiving fundraising via the crypto currency bitcoin, a method it has used for years, citing an increase in "hostile" activity against donors.

Reuters

Bitcoin Mining: How Does it Work and Is It Worth It?

Bitcoin mining can be extremely lucrative, but it also comes with big risks. Here’s what you need to know.

Kiplinger

The third-gen web is about public good

Some experts term the third-gen web as ‘Web3’, while others use the descriptor ‘Web 3.0’. For web-tech buffs, Web3 is decentralised, privacy-oriented, blockchain-driven and crypto-asset friendly

The Hindu

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The Independent UK

Bed Bath & Beyond customers rush to use coupons following store’s bankruptcy filing

Customers will no longer be able to use coupons after Wednesday, when store closing sales begin

The Guardian - US

Bitcoin is terrible for the environment – can it ever go green?

Cryptocurrency mining uses huge amounts of energy, but activists are urging for a change in its code to reduce its environmental impact

Bangkok Post

S Korea indicts Terraform Labs co-founder, 9 others

SEOUL: South Korea indicted Terraform Labs co-founder Daniel Shin along with nine others on multiple charges including violations of capital markets law.

Bangkok Post

Zipmex seeks to discuss fines with SEC

Zipmex, the embattled cryptocurrency exchange, has arranged to discuss fines of nearly 11 million baht imposed on the company and its chief executive by the Securities and Exchange Commission (SEC), saying talks with potential new investors are ongoing.

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Marie Claire

Prince Harry and Meghan Markle Shared an Adorable Kiss Cam Moment at a Basketball Game in L.A.

The duke is fully leaning into American customs.

Al Jazeera

US charges North Korean bank official over crypto laundering

North Korean Foreign Trade Bank representative accused of conspiring to use stolen funds to buy goods for Pyongyang.

Salon

Musk's fake blue checks may be violation

"False endorsements violate FTC rules, legally exposing Musk," expert says

The Conversation

Much wow, very meme: what the revival of the ancient doge meme tells us about the lifecycle of the internet

In early April, when Elon Musk randomly and very briefly replaced the Twitter bird logo with the face of the “doge” meme, the value of the dogecoin both rose and fell by a matter of billions of dollars in value on the cryptomarket.

The Guardian - US

John Oliver on cryptocurrencies: ‘This is all still a casino’

Last Week Tonight host examines the volatility and risks of cryptocurrencies through the collapses of Terra, Celsius and FTX

The Times of India

'Bitcoin could surpass $50,000-mark in 2024'

Bitcoin’s rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts.

Tribune News Service

Bed Bath & Beyond files for bankruptcy with plan to shut stores

Bed Bath & Beyond Inc. filed for Chapter 11 bankruptcy in New Jersey with plans to shut down, putting thousands of jobs on the line.

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