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The Latest Breaking News on Crypto

Who Takes The Hit From Yellow's Massive Bankruptcy? You Do

You might be surprised who owns one of the biggest slices of Yellow's stock going into the company's bankruptcy protection.

Investors Business Daily

Confused about crypto? ICONOMI is a platform that lets you copy every move of the most skilled traders

lCONOMI’s copy trading platform aims to empower users to invest in cryptocurrencies like a pro

The Independent UK

Bed Bath and Beyond Relaunches Online in U.S. and Canada

New owner Overstock merges with the brand, offering perks, mobile app and loyalty program.

Kiplinger

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EOW Odisha claims to have unearthed a massive cryptocurrency-based Ponzi scam

The Economic Offence Wing (EOW) of Odisha police on August 7 claimed to have unearthed one of the largest cryptocurrency-based Ponzi schemes involving ₹1,000 crore and two lakh people.

The Hindu

WorldCoin Attracts 2 Million Users, Hundreds Line-up To Stare at the Orb

Proof of Personhood can also net you a $50 return and promise you an anonymized world identity ID, there may be reasons to accept.

Tom’s Hardware

LK-99 Superconductor Crypto Coin Surpasses $3m in Trading in First 24 Hours

A new LK-99 meme coin superconductor bandwagon cryptocurrency token was hugely popular, but its value has already nose-dived.

Tom’s Hardware

Worldcoin’s Iris Scanning Technology Raises Alarms In Kenya

The Kenyan government halted operations of Worldcoin due to concerns over data privacy and public safety

Zenger

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The DoJ’s Case Against Sam Bankman-Fried: Is It Enough To Repeal His Bail?

The U.S. Department of Justice (DoJ) has intensified its efforts to secure FTX (CRYPTO: FTT) founder Sam Bankman-Fried's

Zenger

Texans in Congress take bipartisan path to boost semiconductors, a crucial industry to the state

Republicans like Sen. Ted Cruz and Democrats like Rep. Colin Allred — opponents in the 2024 election — propose streamlining environmental reviews to promote investment and expansion by chipmakers.

The Texas Tribune

FTX Foundation Disturbing Initiatives Exposed In Lawsuit, Including Plans To Buy Micronesian Island

Lawsuit reveals FTX's questionable schemes, including constructing a bunker and exploring human genetic enhancement

Zenger

Crypto Exchange FTX Seeks To Exclude Dubai Subsidiary From US Restructuring

FTX argues Dubai branch's lack of business activities makes it unlikely to revive operations.

Zenger

Far-right satanist on terrorist watch jailed for making child abuse image

Harry Vaughan, convicted of 14 terror offences in 2020, admitted further crimes including possession of indecent images of children

The Guardian - UK

Google Cloud Validates Celo Network, Boosting Security And Blockchain Adoption

Google Cloud joins Celo network as validator, boosting security and scaling blockchain adoption

Zenger

What Should Investors’ August Gameplan Be for GameStop (GME)?

Following multiple executive changes and the crypto wallet take-down decision, is meme frontrunner GameStop (GME) a buy or a sell for August? Let’s look at its financial metrics to gauge its prospects….

StockNews.com

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Investors Business Daily

Coinbase Losses Improve As Crypto Trading Volume Falls; COIN Stock Target Raised With 145% Run-Up

Coinbase losses improved for its late report Thursday, but users and volume fell. COIN stock price target raised, rockets 156% in 2023.

The Guardian - UK

Kenya halts Worldcoin data collection over privacy and security concerns

Issues raised include use of eye scans to prove ‘humanness’ and financial inducements to sign up

Kiplinger

GameStop to End Support of Its Crypto Wallet

Users are advised to ensure access to their Secret Passphrase by Oct. 1.

Zenger

Binance Thrives In China Despite Cryptocurrency Trading Ban

Chinese users traded $90 billion worth of crypto assets, accounting for 20% of Binance's global volume.

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The Street

Jim Cramer Thinks This Latest Meme Stock Is About to Go Bust

The odds point to bankruptcy.

The Independent UK

FTX founder Sam Bankman-Fried's lawyers say attempt to jail him before trial is wrong

Lawyers for FTX founder Sam Bankman-Fried say prosecutors are wrong to seek his detention prior to trial because their arguments are based on “innuendo, speculation, and scant facts.”

Zenger

Crypto Research Firm Delphi Digital Warns Of Potential DeFi Implosion Amidst $100M Debt Concerns

Concerns raised over the massive debt of Curve Finance founder and its impact on the stability of the DeFi ecosystem.

Zenger

FTX Unveils Restructuring Plan To Revive As Offshore Entity

Proposed plan includes resolution of claims, recovery pools, and potential restart of offshore exchange.

Zenger

Bitcoin And Ethereum Lead As Americans Show Interest In Selling Cryptocurrencies

Study reveals top cryptocurrencies U.S. residents want to sell, driven by economic strain and market fluctuations.

The Hindu

Data | Hurdles to overcome before becoming ‘Digital India’

India has seen a rapid growth in digital payments since the introduction of UPI in 2016. UPI payments grew at an average monthly rate of 6%, compared to 3%, 3%, and 1.5% for NEFT, IMPS, and debit cards, respectively. The share of UPI payments in total digital retail payments rose…

Zenger

SEC Files Lawsuit Against Richard Heart, Alleging $1 Billion Unregistered Securities Offering

Heart, founder of Hex, PulseChain, and PulseX, accused of defrauding investors and using funds for luxury purchases

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