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The Latest Breaking News on Crypto

2022 was the year crypto came crashing down to Earth

For the world of crypto, 2022 started with exuberance and ended with its unofficial spokesman in handcuffs.

WEKU

New Year’s resolutions for 2023

Here are the hopes and promises of friends, colleagues, pols and newsmakers who kindly entrusted me with their aspirations.

Chicago Sun-Times

Analysts upbeat on outlook for Thai stocks

Analysts are bullish on the Thai stock market's prospects in 2023 after China announced the country's reopening in January, while cryptocurrency is likely to remain volatile in the first six months, perhaps improving in the latter half when inflation eases.

Bangkok Post

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2022 killed the cheap money era. Here's what the next decade has in store

“I think you occasionally get a turning of the investment and economic age, and we're at one of those now after over a decade of near-zero interest rates,” said George Ball, chairman of Sanders Morris Harris.

Fortune

Actually, it has been a wonderful year for tech’s future

All the numbers point to one of the worst years for the technology sector in over a decade. Stock meltdowns, crypto implosions, supply-chain disruptions, a startup-funding freeze, and yet more hacks made 2022 a year most would rather forget. Yet a range of major developments emerged that set the scene…

Tribune News Service

London crypto firm Argo sells Bitcoin mine to Galaxy Digital to shore up finances

London-based crypto firm Argo has agreed to sell its Bitcoin mining facilities to New York-based Galaxy Digital as part of a $100 million deal to shore up its shaky finances.

Evening Standard

Crypto player Kraken to exit Japan amid sector’s annus horribilis

US-based cryptocurrency exchange’s announcement comes amid plummeting asset values and sector-wide reckoning over FTX.

Al Jazeera

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Senior garda insists Kinahan Cartel leaders will be brought to justice

A number of files have been submitted to the DPP relating to the Kinahans

Dublin Live

FTX customers sue Sam Bankman-Fried as part of Chapter 11 case

Customers of failed cryptocurrency exchange FTX sued in bankruptcy court in hopes of being first in line to recover some of the billions lost in the meltdown of Sam Bankman-Fried’s digital-asset empire.

Tribune News Service

Failed escape stirs doubts

The attempt by Prasit Jeawkok, a businessman implicated in a high-profile fraud case, to flee a Criminal Court during a hearing on Dec 22 puts the state security system and the officers involved in an unflattering light.

Bangkok Post

Bankman-Fried’s fraud case is reassigned after original judge recuses herself

The fraud case against FTX co-founder Sam Bankman-Fried has been reassigned to U.S. District Judge Lewis Kaplan in Manhattan after the original judge in the case recused herself over a potential conflict of interest.

Tribune News Service

Pharma Bro Martin Shkreli gives disgraced FTX boss Sam Bankman-Fried advice on surviving jail time

Shkreli predicted Mr Bankman-Fried, currently under house arrest, could face challenges if convicted on fraud charge

The Independent UK

US probes how $372 million vanished in hack after FTX bankruptcy

Federal prosecutors are investigating an alleged cybercrime that drained more than $370 million out of FTX just hours after the cryptocurrency exchange filed for bankruptcy last month.

Tribune News Service

Crypto will survive FTX, Sam Bankman-Fried

Today, there are people all over the world committed to cryptocurrency's endurance.

Axios

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Bangkok Post

Blockchain gets religion? Taiwan temple mints NFTs

The Chinese sea goddess Mazu is big business in Taiwan and the blockchain could make it even bigger.

Bangkok Post

Collapse of the SCB-Bitkub deal

Siam Commercial Bank (SCB), Thailand's oldest lender, announced on Aug 25 the collapse of its acquisition offer for 51% of the shares of Bitkub Online Co (Bitkub) from Bitkub Capital for 17.8 billion baht, citing regulatory issues.

Los Angeles Times

Emails reveal Sam Bankman-Fried’s courtship of federal regulators

ALAMEDA, Calif. — Before his mid-December arrest, cryptocurrency billionaire Sam Bankman-Fried repeatedly claimed that he was a responsible business leader who sought more regulation of cryptocurrency and wanted his industry to be part of the mainstream financial system.

The Independent UK

Tory minister’s Twitter account hijacked by crypto fraudsters

Fake ‘special giveaway’ of cryptocurrency promoted to Chichester MP’s 32,000 followers

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Birmingham Post

Wirefox buys landmark Boots building on Belfast’s Donegall Place

The upper floors of the development include refurbished grade A offices

Newslaundry

Siddique Kappan got bail in both cases against him but remains in jail. Here's why

Three days after he was granted bail by the Allahabad High Court in a case filed against the Prevention of Money Laundering Act, journalist Siddique Kappan remains in jail.

Fortune

Crypto's very bad year yielded even worse falls from grace. Here's a list.

Some of the industry’s biggest names fell from historic highs historically quickly.

The National (Scotland)

Tory minister's Twitter account 'hacked' and flooded with Elon Musk and crypto tweets

A TORY minister's Twitter account has changed its profile picture to an image of Elon Musk while promoting a fake cryptocurrency event after being…

Daily Mirror

Tory minister's Twitter account hijacked by crypto fraudsters in embarrassing hack

Education Secretary Gillian Keegan’s Twitter account started sending messages promoting cryptocurrency - raising fresh questions about the security of ministers' phones

Bangkok Post

Electricity stolen for bitcoin mining in Buri Ram

BURI RAM: Police on Sunday searched a commercial building in Nang Rong district where electricity was suspected to have been stolen to operate bitcoin mining.

Fortune

Crypto is like the ‘World of Warcraft’ economy and legitimizing it with regulations would hurt the financial system, says economist

"While there's money involved, I don't think any of us would call on [regulators] to supervise online massive multiplayer games," argued Stephen Cecchetti.

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