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The Latest Breaking News from Bitcoin

Customers claim they were lured into foreign exchange trading and lost hundreds of thousands of dollars

Former customers of an Australian company claim they were lured into the high-risk world of foreign exchange trading under false pretences and subjected to high-pressure sales tactics which contributed to them losing huge sums.

ABC News

Bitcoin or gold? Beware the ‘malignant tumor,’ says ‘Black Swan’ guru Nassim Nicholas Taleb

"Technology comes and goes, gold stays, at least physically. Once neglected for a brief period, Bitcoin would necessarily collapse.”

Fortune

The ‘everything bubble’ has popped and the experts on Wall Street and in Silicon Valley were spectacularly wrong about a ton of things

Morgan Stanley analysts were sure Carvana stock would hit $430 a share and the crypto faithful believed Bitcoin would top $1 million.

Fortune

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Why the environmentalist critics of data centers are wrong

There is no path to lower carbon output that doesn’t depend heavily on adding more information technology to our infrastructure, writes EY's blockchain leader Paul Brody.

Fortune

The Winklevoss twins are in another mess—and it has to do with crypto

“The idea in your head that you can quietly hide in your ivory tower and that this will all just magically go away, or that this is someone else’s problem, is pure fantasy,” Cameron Winklevoss wrote to former friend Barry Silbert.

Fortune

Crypto took such a beating in 2022 that U.S. regulators have teamed up for the first time to sound the alarm to banks

Deutsche Bank, Wells Fargo, Citigroup and Bank of America have all invested in crypto staffing divisions in recent years.

Fortune

Will 2023 bring more crypto bankruptcies to weed out ‘the pumps and the frauds’?

The crypto industry had a rough go of it in 2022, with crashing cryptocurrency prices and a series of catastrophic bankruptcies.

Tribune News Service

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Cameron Winklevoss gives crypto baron one week to come up with a $1 billion solution to make his Gemini customers whole

Winklevoss and his identical twin brother first rose to prominence through their lawsuit against Mark Zuckerberg, who they claimed stole their idea for Facebook.

Fortune

Romantic Getaway review – Katherine Ryan and Romesh Ranganathan are brilliant in IVF heist caper

This romcom/thriller about a couple who steal from their work sees its two leads – and Johnny Vegas as their boss – form a killer trio. Expect daft fun

The Guardian - UK

The Crypto Winter will last through 2023 and maybe 2024, predicts PayPal and Meta alum David Marcus

“We won’t exit this 'crypto winter’ in 2023, and probably not in 2024 either,” Marcus wrote in a year-end blog post.

Fortune

'Bitcoin at $200,000' projections flop as coin ends year down 60%

A year ago, crypto analysts, riding high from the successes of 2021, had big hopes for Bitcoin, with some of them seeing the token hitting $100,000 or more in 2022.

The Times of India

Pain, few gains for investors as markets slumped in 2022

Investors found few, if any, places to safely put their money in 2022, as central banks in the U.S. and around the globe raised interest rates for the first time in years to fight surging inflation, stoking fear of a global recession

The Independent UK

Libertarian Radio Host Ian Freeman Convicted for Helping People Buy Bitcoin

Freeman, an early adopter of the virtual currency, gets slammed by a state that can't tolerate any use of money without its permission and knowledge.

Reason

Lose money on crypto in 2022? Tap this tax loophole while you still can.

It's still possible for big companies—but also individual crypto owners—to take advantage of special tax treatment for Bitcoin and other digital assets.

Fortune

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Fortune

The year in bankruptcy isn't just an FTX story. What's next could be even bigger.

The number of bankruptcies actually declined in 2022, but the amount of debt swimming through court is higher. And yes, FTX (likely) leads the pack.

WEKU

2022 was the year crypto came crashing down to Earth

For the world of crypto, 2022 started with exuberance and ended with its unofficial spokesman in handcuffs.

Evening Standard

London crypto firm Argo sells Bitcoin mine to Galaxy Digital to shore up finances

London-based crypto firm Argo has agreed to sell its Bitcoin mining facilities to New York-based Galaxy Digital as part of a $100 million deal to shore up its shaky finances.

Fortune

Stocks and Bitcoin may be down, but gold prices just hit a six-month high above $1,800

2023 could provide "Goldilocks conditions" for gold after the inflation hedge outperformed risky assets this year, analysts say.

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Axios

Crypto will survive FTX, Sam Bankman-Fried

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

Fortune

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.

Bangkok Post

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.

Fortune

Mark Cuban defends Bitcoin, says anyone investing in gold is ‘dumb as f***’

“I want Bitcoin to go down a lot further so I can buy some more," he told Bill Maher on the "Club Random" podcast.

TechRadar

What is P2P?

P2P can seem overly techy at first glance – but it's a great way to send files in a flash. Here's what you need to know.

Evening Standard

Computer expert faces contempt of court proceedings over Bitcoin libel ruling ‘leak’

A computer expert who claims to have invented cryptocurrency Bitcoin is facing contempt of court proceedings over the alleged leaking of a High Court ruling.

The Independent UK

Wyoming bullishly courts crypto, even after collapse of FTX

For decades, Wyoming has sought to escape the boom-and-bust cycles of its fossil-fuel-driven economy

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