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The Latest Breaking News from Crypto

Binance isn’t FTX. It’s much bigger and more systemically important to crypto

In every single corner of the crypto landscape, one name pops up: Binance.

Tribune News Service

The most striking claims in the CFTC’s lawsuit against Binance

The top U.S. derivatives regulator’s lawsuit against crypto giant Binance Holdings Ltd. and Chief Executive Officer Changpeng Zhao hammers at the company’s alleged concealment of rules violations in a breakneck pursuit of growth.

Tribune News Service

The long-awaited crackdown on crypto's Binance is here and it has chat messages about alleged criminal clients: 'Like come on. They are here for crime'

The complaint filed against Binance alleges the company's top executives knew of and "tolerated" criminal activities facilitated by the platform.

Fortune

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read the most diverse news in one place.

Crypto giant Binance hit with US charges for breaking trade rules

Washington (AFP) - A top US markets regulator on Monday charged cryptocurrency giant Binance and its founder Changpeng Zhao with multiple violations, in another move by Washington against the once high-flying sector.

AFP

The crypto industry enlisted an unlikely champion in its crusade against the SEC: An ex-Coinbase manager convicted of insider trading

Why top companies like Coinbase and Paradigm are backing the disgraced employee.

Fortune

Crypto Billionaire Zhao and Binance Are in Big Trouble

The CFTC has just filed a lawsuit against Zhao and his firm Binance, the world's largest cryptocurrency exchange, for allegedly letting U.S. residents buy and sell crypto derivatives while the firm is not registered.

The Street

Bitcoin, Ether, Coinbase fall after CFTC sues Binance

The stocks of several crypto mining companies also took a dive.

Fortune

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Crypto Billionaire Changpeng Zhao and Binance Sued

The Street

US regulator sues crypto exchange Binance and boss Changpeng Zhao

Complaint alleges firm grew US business despite stated intent to block US customers from platform

The Guardian - UK

Changpeng Zhao: a crypto king under pressure

Paris (AFP) - At parties, on stages and in meetings, Changpeng Zhao, who has been charged with illegal trading in the United States, is rarely seen without his black polo shirt, emblazoned with the insignia of his crypto firm Binance.

AFP

Binance, CEO Sued By CFTC For Trading Violations; Bitcoin Price Stumbles

The CFTC sued Binance and its CEO, the latest U.S. government crackdown vs. cryptocurrency firms. The Bitcoin price fell but has pared losses.

Investors Business Daily

'I slipped up': NFT collector evaporates CryptoPunk valued at $129,000—a third of his net worth

Brandon Riley isn’t the only one who’s mistakenly lost hundreds of thousands in the world of Web3.

Fortune

'Binance knew they were violating CFTC rules': Top crypto exchange sued in U.S. federal court

The agency accuses Binance of disregarding U.S. laws to increase profits.

Fortune

Titanium CEO Learns His Fate After Major Crypto Fraud Scheme

The CEO of a purported crypto investment platform receives prison time for his role in an initial coin offering that raised $21 million from investors.

The Street

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Evening Standard

Binance CEO Changpeng Zhao sued by US watchdog over alleged trading rules breach

Binance founder and CEO Changpeng Zhao has been sued by the US Commodity Futures Trading Commission after the crypto firm was accused of breaching trading rules.

Tom’s Hardware

Nvidia CTO: Cryptocurrency Adds Nothing Useful to Society

GPU processing power can be used for much more useful things than mining cryptocurrencies, Nvidia CTO says.

Fortune

Don't look now but Ripple may be for real

The fanaticism of tribes like the XRP Army may do crypto more than harm than good.

Bangkok Post

Regulator orders Zipmex to clarify deal payments

The Securities and Exchange Commission (SEC) on Monday ordered cryptocurrency exchange Zipmex to clarify news that emerged on Friday regarding its Singapore parent not receiving the latest payment under its buyout agreement with venture capital firm V Ventures Technologies.

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Creative Bloq

NFTs aren't dead, and Amazon's new digital art gallery could prove it

Will a new NFT marketplace launch next month?

PC Gamer

Nvidia kicks crypto to the curb: 'doesn’t bring anything useful for society. AI does'

That's surely going to ruffle some feathers.

The Independent UK

Black, Hispanic investors struggle with faith in crypto

Many Black and Latino investors were drawn to crypto by its promise to be pathway to wealth-building outside of a traditional financial system with long history of racial discrimination and indifference to the needs of low-income communities

The Guardian - UK

Cryptocurrencies add nothing useful to society, says chip-maker Nvidia

Tech chief says the development of chatbots is a more worthwhile use of processing power than crypto mining

The Guardian - UK

Caught in the FTX storm: how a crypto high-flyer fell to Earth

The Maps payments app run by British-educated cryptocurrency tycoon Alex Grebnev, who was backed by Sam Bankman-Fried, has lost its Mastercard partnership amid a row over Russian users

USA Today Sports Media Group

PHOTOS: Best images from the Thunder’s 116-111 loss to the Lakers

The best photos from the Thunder's 116-111 loss to the Lakers on Friday.

AFP

Do Kwon: S. Korea's crypto 'genius' turned disgraced fugitive

Seoul (AFP) - Once hailed as a genius, South Korean entrepreneur Do Kwon -- now facing multiple criminal charges over his failed cryptocurrency -- was a brash industry figure whose fame disintegrated into global notoriety.

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