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The Latest Breaking News on Crypto

NSW Coalition split on cashless gaming as independent warns against regional exemptions

Premier Dominic Perrottet rules out different rules for clubs and pubs in the bush, in contrast to deputy premier Paul Toole

The Guardian - AU

Bank of England Governor in cryptocurrency warning

Andrew Bailey said people holding unbacked crypto could lose all their money while the BoE remains committed to cash

Birmingham Post

Crypto lender Genesis files for Chapter 11 bankruptcy in US

Firm is latest casualty in sector as cryptocurrencies contagion spreads after FTX collapse

The Guardian - UK

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Commentary: Eliminating noncompete contracts will empower employees and entrepreneurship

The Federal Trade Commission has proposed an imminent ban on noncompete contracts. Prohibiting these contracts is an important step toward assuring we still have access to the American Dream. It will help businesses innovate in our tight labor market, ensure workers are not stuck in dead-end jobs and make the…

Chicago Tribune

Crypto woes intensify after lender Genesis files for bankruptcy

The firm formed part of the empire of billionaire Barry Silbert

Evening Standard

Crypto firm owes creditors more than $78m

Administrators appointed for a Gold Coast cryptocurrency platform do not know where the company's founder is, or exactly how large its debts are.

AAP

Crypto giant Genesis files for bankruptcy, after FTX collapse

Cryptocurrency lender’s bankruptcy is the latest blow to the sector following the arrest of Sam Bankman-Fried.

Al Jazeera

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Perrottet rejects regional pokie exception

Premier Dominic Perrottet has dismissed exempting regional clubs from its cashless gaming card rollout, as Nationals MPs call for sensible reform in the bush.

AAP

New FTX boss says bankrupt crypto exchange could restart: Report

CEO John Ray has set up a task force to explore restarting FTX.com, its main international exchange, WSJ reports.

Al Jazeera

Dragons' Den star Steven Bartlett launches $100m fund to find Europe's next $1bn unicorn

The fund will be targeting individual investments between $1m-$10m in companies in six categories

Birmingham Post

Three ex-lawyers among five men jailed for money laundering

The case was triggered by a Law Society investigation into the Paisley legal firm

Insider UK

Regional exemptions on the cards for NSW government’s cashless gaming scheme

Transition period that excludes non-metropolitan pokies being considered after concerns raised by Nationals

The Guardian - AU

Cryptocurrency news - live: Genesis to file for bankruptcy amid ‘major’ US crypto move

Department of Justice officials say they will reveal the news at 12pm in Washington DC

The Independent UK

The clowns of cryptoland haven’t given up

Making money out of failure is morally bankrupt

Financial Times

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The Times of India

Crypto exchange Bitzlato’s founder arrested in $700 million laundering scheme

A Russian was charged with money laundering through a cryptocurrency exchange that allegedly masked the proceeds of illegal gambling and drug deals valued at more than $700 million, as the US goes after criminal suspects in the digital space.

The Canberra Times

Harrison man arrested for alleged scam that saw woman $70k poorer

Police believe the incident could be part of global crime syndicate.

Al Jazeera

US arrests Russian crypto boss who ‘catered to known crooks’

Justice dept says Anatoly Legkodymov operated the Hong Kong-registered Bitzlato exchange as a money laundering haven.

Los Angeles Times

Have celebs learned their lesson from the FTX debacle?

Strolling out of a football stadium, Tom Brady makes his pitch for the crypto trading platform FTX.

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The Independent UK

Justice Dept. charges Russian founder of cryptocurrency firm

A Russian national who founded a cryptocurrency exchange the Justice Department says evaded U.S. regulations and became a haven for proceeds of criminal activity has been arrested

StockNews.com

4 Pharma Stocks You Shouldn’t Think Twice About Buying in 2023

Pharma sector usually performs relatively well amid market turmoil due to the inelastic demand for its offerings. Moreover, increased technological advancements should boost the industry’s growth. Hence, pharma stocks Eli Lilly (LLY), AstraZeneca (AZN), Zoetis (ZTS), and Teva Pharmaceutical (TEVA) might be worth buying in 2023. Read more.

The Independent UK

Cryptocurrency news – live: Genesis to file for bankruptcy amid ‘major’ US crypto move

Bitcoin prices took a dive ahead of the DoJ announcement

Evening Standard

Tech & Science Daily podcast: Breast cancer research breakthrough

Plus! World’s biggest plane + social media’s ‘opaque’ code

Bangkok Post

Malaysian 'swindler' faces extradition

The Criminal Court on Wednesday approved the extradition of a Malaysian businessman to China where he is wanted for operating a pyramid scheme and swindling people out of money.

The Guardian - UK

The Problem of Democracy by Shadi Hamid review – democracy and its discontents

Should US foreign policy demand liberalism, as well as free elections?

WEKU

3 events that will determine the fate of cryptocurrencies

Cryptocurrencies are reeling after a miserable year that saw the collapse of companies such as FTX. A look at what lies ahead.

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