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The Latest Breaking News from Bitcoin

Is Binance okay? Events this week had the crypto industry on edge

The crypto market jitters about Binance this week were likely overblown—but there are still reasons to be concerned about the health of the world's biggest crypto exchange.

Fortune

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

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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

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

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

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

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

The Conversation

Governments Scramble To Manage, Regulate, and Throttle Crypto

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

Reason

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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.

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.

Tribune News Service

Overshadowed by failures, crypto hacking exacts higher price

The cryptocurrency industry is circling the wagons in defense as hackers siphon more money from the sector each year.

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Fortune

Crypto is as useful as a ‘pet rock,’ according to JPMorgan's Jamie Dimon

The JPMorgan CEO has previously called cryptocurrencies dangerous, worthless and a “Ponzi scheme.”

WEKU

Environmentalists and Ky. AG want to pump the brakes on a massive crypto mining facility. Why?

StockNews.com

Cathie Wood Keeps Buying These 2 Crypto Securities – Should You?

Following the FTX debacle, the crypto universe was hard hit. However, popular investor Cathie Wood keeps buying stocks from the crypto space despite the rising interest rates and recession risks. As investors access the macroeconomic risks, their risk-off approach will keep the cryptocurrency market under pressure. Therefore, it could be…

Roll Call

Overshadowed by failures, crypto hacking exacts higher price - Roll Call

The cryptocurrency business is losing more money to hackers, losses that have been overshadowed by the high-profile failures in the sector.

Tom’s Guide

Mullvad VPN review

My in-depth Mullvad review explores whether the Swedish stalwart's security features, unblocking power, and apps live up to its privacy-focused reputation.

Evening Standard

How a deeper crypto crash in 2023 could spark a gold rush

Gold could be about to take off in 2023 should the collapse in crypto assets, including Bitcoin, continue

Fortune

Yes, you can use your credit cards to buy crypto

You can buy cryptocurrency with certain credit cards, but you'll face high fees and interest charges, and your creditor may even process the transaction as a loan.

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