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The Latest Breaking News on Crypto

Black, Hispanic investors struggle with faith in crypto

Many Black and Latino investors were drawn to crypto by its promise to be pathway to wealth-building outside of a traditional financial system with long history of racial discrimination and indifference to the needs of low-income communities

The Independent UK

Two in five Australians gamble every week, report shows

New data from the Australian Gambling Research Centre has revealed the extent of harm gambling is causing to Australians.

AAP

Saudi Housing Sector Fundraising Campaign Recreates IPO Model

Saudi Arabia’s crowdfunding platform for home ownership Jood Eskan has launched a first-of-a-kind charitable campaign to raise SAR1 billion ($266 million) in donations during the Holy month of Ramadan. Titled ‘Ever-Green Stock,’ Jood Eskan’s charitable campaign is an IPO simulation that targets Saudi Arabia's most prominent corporations, institutions, and individuals.…

Asharq Al-Awsat

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Venezuela arrests 21 in corruption crackdown, 11 more wanted

An expanding anti-corruption probe in Venezuela has led to the detention of 10 officials and 11 businessmen, the country's attorney general said on Saturday, adding that arrest warrants for 11 more people have been issued.

Reuters

2 Robinhood Stocks to Buy and Hold Forever

StockNews.com

Cash-in-transit driver faked £920,000 armed heist as an 'inside man'

Andrew Measor handcuffed himself to his security van and then dialled for help using his nose. He operated as an "inside man" in the fake heist carried out by his accomplice Stefanos Cantaris.

Wales Online

Bailout of crypto exchange Zipmex falters

The rescue plan for the embattled regional crypto exchange Zipmex is beginning to fray after the company failed to receive the most recent payment due under a US$100-million venture capital buyout.

Bangkok Post

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South Korea to seek extradition of crypto fugitive Do Kwon

South Korea will seek the extradition of fugitive crypto entrepreneur Do Kwon, prosecutors told AFP Friday, after the Terraform founder was arrested in Montenegro and hit with US fraud charges.

Bangkok Post

Crypto founder Do Kwon indicted in US after Montenegro arrest

Co-founder of Singapore-based Terraform Labs faces eight charges, including securities fraud and wire fraud.

Al Jazeera

SEC sues Lindsay Lohan in crypto-scam

Lil Yachty, Akon and a porn star walk into a crypto shop . . .

Salon

Man suspected of being crypto fugitive Do Kwon arrested in Montenegro

South Korean CEO of Terraform Labs is accused of multi-billion-dollar fraud involving TerraUSD and Luna currencies

The Guardian - UK

FTC introduces proposal to make US subscriptions easier to cancel

Regulators plan to put an end to businesses ‘tricking’ customers into paying for services they no longer want

The Guardian - US

Stop pawnbrokers from charging predatory interest rates of 240% on loans

The state’s Predatory Loan Prevention Act is working, we need to protect it, and the pawn industry must be included.

Chicago Sun-Times

Saudi Arabia Works on Strengthening Legislation Frameworks to Combat Money Laundering

Saudi authorities have been keen on strengthening legislative and regulatory frameworks to combat money laundering crimes, confirmed Deputy Governor for Supervision at the Saudi Central Bank (SAMA) Yazeed AlSheikh. Speaking at the 14th Compliance and Anti-Money Laundering (CAML) seminar in Riyadh, AlSheikh reaffirmed that the Kingdom attaches great importance to…

Asharq Al-Awsat

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Evening Standard

Lindsay Lohan, Akon and Ne-Yo pay thousands of dollars after illegal crypto promotion

None of the celebrities who paid fines admitted or denied the SEC’s findings

Al Jazeera

Celebrities Lindsay Lohan, Jake Paul charged for promoting crypto

Eight celebrities accused of illegally touting tokens in case involving Chinese crypto entrepreneur Justin Sun.

The Independent UK

Lindsay Lohan, other celebs settle with SEC over crypto case

Actress Lindsay Lohan, rapper Akon and several other celebrities have agreed to pay tens of thousands of dollars to settle claims they promoted crypto investments to their millions of social media followers without disclosing they were being paid to do so

Evening Standard

Lindsay Lohan, Jake Paul and Soulja Boy hit with US charges over crypto scheme

The group is accused of illegally promoting TRX and BTT crypto assets

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Irish Mirror

Irish Lotto results: Lucky player wins thousands in Wednesday's draw after matching six numbers

The numbers called in the main draw were: 1, 5, 16, 17, 33, 35, and the bonus number 8

Bangkok Post

Bitcoin price set to surge if Federal Reserve keeps rates steady

While gold prices have edged down, the price of Bitcoin stayed above US$28,000, its highest level in 10 months, for a second straight day on Wednesday, with experts predicting it might go up further if the US Federal Reserve does not raise interest rates this week.

Tribune News Service

States debate whether to restrict — or invite — crypto mining

SEATTLE — As cryptocurrency mining draws increased scrutiny on Capitol Hill in Washington, D.C., some state legislatures are considering proposals to restrict the industry over growing concerns about its energy use. Other states, though, are advancing bills to protect cryptocurrency miners from such crackdowns, citing the economic potential of hosting…

IT Pro

Can regulation shape cryptocurrencies into useful business assets?

One of the more complex corners of the technology industry businesses often refrain from touching is the cryptocurrency market. Built on a principle of a decentralised market, away from the prying eyes of central bodies or governments, and utilising blockchain technology to provide a clear and concise record of all…

Bangkok Post

Immigration officers suspended, named in crypto extortion case

Four immigration officers accused of the abduction and crypto extortion of a Chinese man and his Thai interpreter have been suspended from the police force pending further investigation.

The Independent UK

Public pension plan losses from bank failures seen as minor

The failures of two U.S. banks this month meant losses for U.S. public-sector pension systems that invested in them

ABC News

Company running Perth Mint cryptocurrency withdraws support, but questions linger over future of GoldPass app

The company that runs the Perth Mint's cryptocurrency announces it will no longer support the digital tokens because of alleged breaches of Australian and US laws by the mint.

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