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The Latest Breaking News from Bitcoin

Elizabeth Warren's Crypto Bill Targets Financial Freedom, Not Fraud

Senator Warren wants to extend the financial surveillance state cooked up by drug warriors and anti-terrorism fearmongers to cryptocurrencies.

Reason

Retiree investment scammer jailed

An American man who was involved in defrauding more than a dozen retirees out of $3.5 million in an investment scam has been jailed by a Sydney judge.

AAP

Trump Called Bitcoin a 'Scam,' Now He's Selling NFTs

The former president, who once had a low opinion of cryptocurrencies, says his NFT collection 'makes a great Christmas gift.'

The Street

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How Fed's series of rate hikes could affect your finances

The Federal Reserve’s move to raise its key rate by a half-point brought it to its highest range in 14 years

The Independent UK

Bitcoin has rallied. What are crypto’s true believers still smoking?

FTX’s filing for bankruptcy was an existential event – and may signal the moment when grown-up thinking re-entered the room

The Guardian - UK

Sam Bankman-Fried: the crypto pioneer behind one of the largest financial frauds in history

The 30-year-old is facing decades in jail after being found guilty of fraud. So how did the FTX founder end up here? Amy Francombe reports

Evening Standard

Explainer: cryptocurrency and cryptocurrency exchanges

Almost all cryptocurrencies have declined significantly this year but this doesn’t seem to be putting people off, writes Alex Sims

Newsroom.co.nz

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Maple Finance Severs Ties With Orthogonal Trading For ‘Hiding’ FTX Exposure

Maple Finance has severed ties with Orthogonal Trading, which claimed to be “operating while effectively insolvent.

Zenger

Crypto: The white male privilege scam

The downfall of Sam Bankman-Fried serves as a reminder of how many white male "geniuses" are just full of crap

Salon

Dow Jones Rallies; Elon Musk Loses This Title As Tesla Tumbles; Bitcoin Up Amid Sam Bankman-Fried Arrest

The Dow Jones moved higher. Tesla CEO Elon Musk lost a famous title. Bitcoin rose after the Sam Bankman-Fried arrest. Moderna stock jumped.

Investors Business Daily

SBF agreed to testify in Congress. Here’s what lawmakers are thinking about crypto legislation

How will the collapse of FTX shape regulation from Washington?

Fortune

Crypto Crash: Damage Report Ahead Of SBF Testimony

The Crypto Crash continues with Sam Bankman-Fried set to testify before Congress Tuesday; Binance reserves questioned; Argo Blockchain eyes bankruptcy.

Investors Business Daily

FTX collapse shakes up Chicago crypto market, where its US trading platform was going to be the next big thing

CHICAGO — When the FTX.US headquarters opened in a gleaming new Fulton Market tower in May, Mayor Lori Lightfoot and her retinue stopped by to officially welcome the cryptocurrency exchange to Chicago, a city positioning itself as a financial center for the booming digital assets.

Chicago Tribune

Cathie Wood says FTX’s Sam Bankman-Fried disliked Bitcoin because he ‘couldn’t control it’

The Ark Invest CEO said FTX's Sam Bankman-Fried didn’t like Bitcoin because "it’s transparent and decentralized. He couldn’t control it.”

Fortune

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The Conversation

'I thought crypto exchanges were safe': the lesson in FTX's collapse

Anthony* (a friend) called a few weeks ago, deeply worried.

AFP

Cash crops: Dutch use bitcoin mining to grow tulips

Amsterdam (AFP) - Tulips and bitcoin have both been associated with financial bubbles in their time, but in a giant greenhouse near Amsterdam the Dutch are trying to make them work together.

Reason

Governments Scramble To Manage, Regulate, and Throttle Crypto

Most dangerously of all, they're starting to make their own central bank digital currencies.

Investors Business Daily

This Short Straddle Has No Downside Risk On Bitcoin Miner Marathon Digital

By placing a short straddle on bitcoin miner Marathon Digital, investors have zero downside risk.

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news in one place.

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Fortune

Goldman Sachs and the return of ‘Blockchain not Bitcoin’

Goldman Sachs CEO says Wall Street knows best when it comes to blockchain innovations.

The Street

A Look Back at Cathie Wood's Disastrous Year

What went right and what (mostly) went wrong for the prominent asset manager Cathie Wood at Ark Investment.

Fortune

The crypto crash has been bad—and even worse for Bitcoin miners

Greed and bad decisions have left the once-booming Bitcoin mining industry reeling.

AAP

Investor scammer unaware of company rules

A US man who scammed investors out of $3.5 million maintained his business was legitimate despite it failing to have an ABN and a tax file number.

Crikey

Bitcoin.gov.au: is Australia’s financial system headed for an official digital currency?

The RBA has some interesting things to say about the possibility of how digital currency could work as an official, central bank-issued part of Australia’s financial system.

The Street

Crypto Price Check: Lawmakers Want Answers in Light of FTX Collapse

Lawmakers worldwide are looking to increase regulatory oversight of the crypto sector in light of FTX's collapse.

The Street

FTX, Crypto Collapse Costs Taylor Swift a Huge Payday

Sam Bankman-Fried's ambition for celebrity endorsements might have snared the "Anti-Hero" singer, but she proved to be smarter than a lot of other famous people.

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