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The Latest Breaking News from Bitcoin

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

What is cryptocurrency?

Cryptocurrencies are a type of digital asset, which rely on cryptography for security.

Evening Standard

Foundation Devices raises $7M for a 'truly air gapped' Bitcoin hardware wallet

The company believes it’s found a niche for high-security Bitcoin wallets with a sleek device.

Fortune

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Stock Market Trading Hours: What Time Is the Stock Market Open Today?

When does the market open? While the stock market has regular hours, trading doesn't necessarily stop when the major exchanges close.

Kiplinger

The road ahead for cryptocurrencies

Greater government regulation of blockchain technology may bring more structure and stability to the crypto sector | Content partnership

Newsroom.co.nz

Crypto's ties to sports raise ethical questions

Sports fans who view their favorite players as role models might think twice before taking their financial advice, too

The Independent UK

Crypto miner 'stole electricity worth B10 million'

A cryptocurrency miner running 223 computers stole some 10 million baht worth of electricity over a one-year period, the Metropolitan Electricity Authority (MEA) says.

Bangkok Post

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In balmy Puerto Rico, diehards shrug off the crypto winter: ‘We’re not worried’

Blockchain aficionados have long flocked to the island for its favorable tax laws. But as the industry wobbles, local residents are pushing back

The Guardian - US

Cathie Wood’s ARK Invest is bingeing on Bitcoin, Coinbase, and Tesla even as other investors have fled all three this year

She believes that the FTX fiasco will strengthen Coinbase and Bitcoin, and that Tesla is on “automatic pilot” toward huge growth.

Fortune

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

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

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Evening Standard

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

Newsroom.co.nz

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

Zenger

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.

Salon

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

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Fortune

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?

Chicago Tribune

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.

Fortune

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.”

The Conversation

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

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

Reason

Governments Scramble To Manage, Regulate, and Throttle Crypto

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

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.

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