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The Latest Breaking News on Crypto

Crypto will survive FTX, Sam Bankman-Fried

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

Axios

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.

Bangkok Post

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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.

Los Angeles Times

Tory minister’s Twitter account hijacked by crypto fraudsters

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

The Independent UK

Wirefox buys landmark Boots building on Belfast’s Donegall Place

The upper floors of the development include refurbished grade A offices

Birmingham Post

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.

Newslaundry

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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.

Fortune

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…

The National (Scotland)

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

Daily Mirror

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.

Bangkok Post

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.

Fortune

Thanks to FTX, regulating crypto should be easy

As the demise of the FTX crypto empire unfolds — on Twitter, in bankruptcy proceedings, in congressional hearings and potentially in criminal court — lawmakers and regulators are grappling with a question: What, if anything, should they do to civilize a market so rife with abuse?

Tribune News Service

Judge kept FTX execs' plea deals secret to get founder to US

A judge agreed to keep secret that two of Sam Bankman-Fried's executive associates were cooperating with investigators so that the cryptocurrency entrepreneur would not change his mind and fight extradition from the Bahamas to the United States

The Independent UK

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Evening Standard

It was the end of easy money that took the shine off tech in 2022

City comment: After a period of naïve optimism and financial malpractice, it’s time for the tech sector to snap back to reality

Wales Online

Council warning as several elderly people are out of pocket after being targeted by rogue traders

Blaenau Gwent CBC has shared advice on how to spot rogue traders

Irish Mirror

Warning over new wave of scams conning people out of money and personal information

Phishing scams, which occur in the form of fraudulent texts and emails, have been on the rise with criminals impersonating the HSE, An Post, and other state organisations.

Asharq Al-Awsat

Iran Says Arrested Four Mossad-linked Cells

Iran said intelligence ministry forces arrested four cells tied to Israel’s Mossad spy agency on Thursday. The intelligence ministry said in a statement that “relentless efforts” led to the arrest of all operatives, IRNA reported. The statement said Israel took advantage of the riots in Iran over the past weeks…

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Evening Standard

Sam Bankman-Fried released to parents’ home on $250 million bail while awaiting crypto fraud trial

The 30-year-old is accused of stealing billions in customer funds from cryptocurrency exchange FTX

Tribune News Service

Bankman-Fried released on $250 million bond in FTX fraud case

NEW YORK — Sam Bankman-Fried was released on a $250 million bail package after making his first U.S. court appearance to face fraud charges over the collapse of FTX, the cryptocurrency exchange he co-founded.

Axios

Sam Bankman-Fried released on $250 million bond

He has been accused in a U.S. criminal complaint of engaging in a fraud scheme for FTX customers.

The Independent UK

FTX founder Sam Bankman-Fried to be released on $250m bail after first US court appearance

Former head of failed crypto exchange was extradited to US after arrest in Bahamas

Miami Herald

How do you ask your city for a sex dungeon? In Fort Lauderdale, it took some domination

When people walk into City Hall, they usually want something. A vote against a big building down the street. Money for a community center.

Al Jazeera

What is the post-FTX future of cryptocurrency?

Cryptocurrencies, experts say, have mainly been speculative, which only worked as long as real dollars were there.

StockNews.com

FTCH Stock: It’s Cheap, but Is It a Buy?

London-based online luxury goods retailer Farfetch’s (FTCH) shares are trading below $4. However, as the company missed the analysts’ estimate in the last quarter, would it be wise to add the stock to your portfolio now? Read on to find out….

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