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The Latest Breaking News on Crypto

ClubsNSW has come out against a cashless gaming card for poker machines in a political debate dominated by gambling reforms ahead of the March state election.

AAP

Tom Brady and New England Patriots owner 'lose fortune' as £26billion crypto goes bust

Cryptocurrency site FTX has gone bankrupt and lots of rich investors have taken a big financial hit, including the likes of Tom Brady and New England Patriots owner Robert Kraft

Daily Mirror

Individual creditor names remain secret in FTX bankruptcy

The judge presiding over the bankruptcy of cryptocurrency exchange FTX Trading is allowing the company to maintain a veil of secrecy over the names of individual customers and creditors

The Independent UK

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UK ambulance workers strike as government weighs restrictions

Some 20,000 paramedics, ambulance drivers and support staff have gone on strike in England and Wales as a standoff over pay deepens. Unions are calling for better wages to deal with double-digit inflation. PM Rishi Sunak, meanwhile, is defending his government's plans to enforce minimum service levels in certain sectors,…

France 24

Miami Heat’s FTX Arena no more: Judge strikes county deal with bankrupt crypto company

MIAMI — A federal bankruptcy judge on Wednesday terminated the naming rights agreement between Miami-Dade County and the FTX crypto exchange, ending a two-year stretch of the Miami Heat’s playing in FTX Arena.

Miami Herald

Tech firms lay off over 20,000 staff in first ten days of 2023 as downturn bites

The mass redundancies add to the more than 150,000 that were let go in 2022

Evening Standard

Scandal-hit EU assembly set to move on anti-corruption plan

A European Parliament official says President Roberta Metsola wants to clamp down on the activities of former lawmakers and lobbyists in response to a major corruption scandal

The Independent UK

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Darktrace shares fall below IPO price as new client sign-ups slow

Cybersecurity firm hits lowest level since flotation as co-founder fights extradition to US on fraud charges

The Guardian - UK

M&S shoppers warned over 'fake website' scam

Fraudsters are building fake websites that look like the M&S website

Chronicle Live

Tech & Science Daily podcast: Could we see a UK digital pound?

The UK government is laying down the groundwork for a possible national cryptocurrency, or ‘digital pound’.

Evening Standard

UK investors caught up in FTX collapse make reports to police

The total loss reported was £1.16 million, with the biggest individual loss at £1 million.

The Independent UK

Commentary: We should celebrate, not bemoan, the swift collapse of FTX

If indeed all the reports are true— that the cryptocurrency exchange FTX lent out billions of dollars in customer deposits for risky bets without their consent — then the world should celebrate its swift demise. Markets are ruthless in rewarding success and punishing failure. And FTX’s fall from grace over…

Tribune News Service

SEC probes embattled crypto exchange Zipmex

The Securities and Exchange Commission is investigating whether the embattled crypto exchange Zipmex, which is in the midst of being taken over by a Thailand-linked venture capital fund, breached local rules in its offer of certain digital-asset products.

Bangkok Post

Strikes underway at Glenrothes offshore supply chain provider

Union members respond to 'paltry' 3% pay rise offer

Insider UK

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Tribune News Service

Trump Organization finance chief Allen Weisselberg sentenced to 5 months for tax fraud, judge condemns ‘offensive’ greed

NEW YORK — A New York judge on Tuesday condemned the “offensive” greed of the Trump Organization’s Chief Financial Officer Allen Weisselberg before sentencing him to five months behind bars.

WEKU

Coinbase lays off around 20% of its workforce as crypto downturn continues

This latest round of job cuts, around 950, comes after the company laid off about 1,100 people back in June.

Tribune News Service

What the FTC’s noncompete agreement ban could mean for you

Noncompete agreements bar about 30 million American workers from quitting their jobs to work for rival companies or start their own businesses, a practice that the Federal Trade Commission calls exploitative and wants to ban.

Daily Record

'Fraudster' who allegedly posed as psychiatrist paid more than £1m by NHS, court hears

He said she forged a degree certificate and a letter of verification which she sent to the General Medical Council (GMC) in 1995 with the aim of becoming registered as a doctor in the UK.

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Evening Standard

Coinbase lays off almost 1,000 staff as crypto winter bites

The move is the latest in a string of successive job cuts at the firm as it seeks to weather turmoil in the crypto markets

The Guardian - UK

TikTok has been spying on reporters – exactly no one is surprised

Inside the social video app’s new scandal. Plus, Musk continues to Trump tech and Apple might finally make the metaverse interesting

Tribune News Service

Editorial: Competition is all-American: The Biden administration is right to move to ban noncompete agreements

We don’t know whether the Federal Trade Commission is right that forbidding noncompete agreements in labor contracts will increase wages by nearly $300 billion per year. Nor do we have a strong opinion about whether the ban can be carried out via regulation, as just proposed, or requires legislation like…

Bangkok Post

Arrested Chinese for extradition in 2 major fraud cases

Two Chinese men wanted in separate major fraud cases in China have been arrested and face extradition on charges involving about 2 billion baht in combined damages.

AAP

Suspicious pokie reports spike: regulator

Reports of suspected money laundering through poker machines soared during the past year, the government's financial regulator says.

The Independent UK

Strange devices with antennae are popping up all over Salt Lake City

Officials say there may be as many as a dozen such devices in the area. They’re unsure who is responsible for them

Birmingham Post

Workouts for the eyes - elite training for fleet drivers introduced by regional giant

Top sports professionals have been through the programme now introduced by Howdens

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