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The Latest Breaking News from Bitcoin

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

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

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read the most diverse news in one place.

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

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Governments Scramble To Manage, Regulate, and Throttle Crypto

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

Reason

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.

Fortune

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.

AAP

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.

Tribune News Service

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.”

Fortune

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

WEKU

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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

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news in one place.

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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.

The Guardian - UK

Boris Johnson hails blockchain ‘possibilities’ at Singapore conference

On post-No 10 lecture circuit, former PM says there must be ‘measures to protect public from Ponzi schemes’

The Conversation

3 ways cryptocurrency is changing the way colleges do business with students and donors

Until about 2020, universities used cryptocurrencies only to pay ransoms to criminals attacking their networks. A fast payment to criminals helped victim universities restore their networks quickly.

Fortune

The man who correctly predicted Bitcoin's drop to $20,000 just said it could fall another 40% next year

Billionaire investor Mark Mobius, a long-time crypto skeptic, has a prediction Bitcoin enthusiasts might not like.

Fortune

How Solana, ‘Sam coins,’ Bitcoin, and Ethereum have fared after the FTX collapse

The failure of FTX had investors "stampeding like a herd of wildebeest to off-load as much risk as they could,” Ryan Shea, crypto economist at Trakx, tells Fortune.

StockNews.com

Avoid These 4 Stocks Amid Crypto Market Turmoil

The cryptocurrency market has been hard hit this year, with rising interest rates and recession fears making investors stay away from highly risky assets. While the Fed is expected to slow interest rate hikes, given the lingering recession concerns, it could be wise to avoid struggling crypto-exposed stocks Coinbase Global…

Fortune

If you own Bitcoin Cash, XRP, or Etherium Classic on Coinbase, here’s what to do now

Should you cash out? Are your coins still worth anything? Here are your options.

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