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The Latest Breaking News on Crypto

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

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

From analysis to the latest developments in health,
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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

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Strikes underway at Glenrothes offshore supply chain provider

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

Insider UK

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.

Tribune News Service

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.

WEKU

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.

Tribune News Service

'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.

Daily Record

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

Evening Standard

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

The Guardian - UK

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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

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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

Evening Standard

Crypto trading app Tap Global among London’s first public listings in 2023

Tap’s founders are hopeful for its prospects despite the turbulence in the crypto industry

The Independent UK

Czech ex-Premier Babis acquitted in EU funds fraud case

A Prague court has acquitted former Prime Minister Andrej Babis of fraud charges in a $2 million case involving European Union subsidies

Daily Mirror

Logan Paul withdraws threat of legal action over $6million crypto "scam" documentary

Paul had previously posted a seven-minute long video responding directly to a documentary accusing him of running a cryptocurrency scam that cost fans millions

The Independent UK

'The money is gone': Bahamas tries to turn page after FTX

At a recent celebration of Christmas in the Bahamas, Bishop Lawrence Rolle sang about a half dozen songs, mostly Afro-Caribbean gospel songs

Zenger

McCarthy Took $2 Million From FTX Crypto Scam Co-Founder

He hasn't said what he intends to do about the money, while other Republicans have turned FTX funds over to the U.S. Treasury.

Bangkok Post

JIB introduces digital coin for loyalty scheme

IT retailer JIB Computer Group has embraced corporate blockchain technology as it pushes its utility token JBC coin to serve as a new marketing tool and draw the interest of younger generations.

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