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The Latest Breaking News from Crypto

FTX Collapse: Creditors Could See Return of Huge Hedge Fund Investment

The new management of bankrupt FTX has been working to return money to its users and investors.

The Street

Bank shot: Paul Pierce must pay SEC $1.4M in crypto case

BOSTON — File this under “The Truth” hurts.

Boston Herald

Sam Bankman-Fried's Rival Is in Trouble

Binance, the cryptocurrency exchange founded by Changpeng Zhao, reportedly had access to a bank account from its US arm.

The Street

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NBA Hall of Famer Hit With SEC Fine for Cryptocurrency Promotion

Paul Pierce was fined $1.4 million by the U.S. Securities and Exchange Commission for improperly promoting EMAX tokens on Twitter.

The Street

The Two Co-Signers of Bankman-Fried's $250M Bond Work at Stanford

Larry Kramer and Andreas Paepcke, two academics, agreed to help pay the bail of the founder of failing cryptocurrency exchange FTX.

The Street

Paul Pierce Settles With SEC Over Cryptocurrency Allegations

The former Celtic was charged with unlawfully promoting crypto assets.

Sports Illustrated

SEC charges former Celtic Paul Pierce with fraudulent promotion of cryptocurrency

Former Celtic Paul Pierce agreed to pay $1.3 million in fines following SEC charge of misleading cryptocurrency promotions.

USA Today Sports Media Group

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SEC dunks on Paul Pierce for crypto shilling

The charges are related to Pierce's promotion of the EthereumMax token in 2021.

Fortune

If Binance can but a deal with regulators, it will be a game-changer

A deal would have huge implications for Binance and the crypto industry—if it goes through that is.

Fortune

Before investing in crypto, check out California's new scam tracker

After losing about two-thirds of their value in 2022, cryptocurrencies have regained a little of their market mojo since then — they're now worth about half what they were last April, according to TradingView. So you may be tempted to respond to one of the countless crypto sales pitches that…

Los Angeles Times

Michael Hiltzik: The government crackdown on crypto is well underway. Get out while you can

The sun may be setting on the cryptocurrency craze. If you're an investor or even just a curiosity-seeker on the fringes of this financial segment, you might want to prepare for its demise.

Los Angeles Times

Airport strikes disrupt travel across Germany

Labor action at seven German airports is set to ground nearly 300,000 passengers Friday as unions call for higher pay amid decades-high inflation. Portugal is ending its "Golden Visa" program for real-estate investors as housing prices skyrocket, and US regulators charge crypto firm Terraform Labs and founder Do Kwan with…

France 24

LeBron James on Lakers trades: 'We did a really good job'

LOS ANGELES — LeBron James had missed the previous three games because of left ankle soreness, which led to an MRI exam on the ankle and his foot last Thursday that showed "no structural damage," the Lakers forward said after playing 29 minutes and 13 seconds on Wednesday night against…

Los Angeles Times

Bitcoin Soars Above $25,000

The cryptocurrency market has rebounded since January and seems to want to start a new march forward.

The Street

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Fortune

Bear market barely dents crypto lobby

Spending remains near all-time highs.

Fortune

Bitcoin maximalist Mike Novogratz, who once predicted it hitting $500K in 2024, would now be ‘the happiest guy’ if it ends the year at $30K

Bitcoin will eventually hit $500,000, but not in the next five years, the Galaxy Digital CEO said Wednesday.

AFP

Bitcoin tops $25,000 to hit eight-month high

London (AFP) - Bitcoin hit an eight-month high to surge past $25,000 on Thursday as the volatile cryptocurrency rises despite pressure from US regulators.

Fortune

Bitcoin breaks $25K for first time since mid-2022, some hail thaw of crypto winter

The rally could be fueled in part by the popularity of Bitcoin NFT project Ordinals.

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Investors Business Daily

Crypto Flashes Signs Of Strength As Bitcoin Briefly Reclaims $25,000

Bitcoin and ethereum on Thursday regained levels not seen since before the FTX collapse. Coinbase, bitcoin-related stocks rise.

Birmingham Post

Crackdown on illegal crypto currency ATM operators in Leeds

The Financial Conduct Authority has previously warned operators of UK crypto ATMs to shut down or face enforcement action

Fortune

Lido offers 5% crypto returns. Is it worth it?

Lido and other staking services have little in common with Celsius and other failed lenders.

Fortune

Warren Buffett’s long-time partner Charlie Munger says he’s ‘not proud of my country’ for allowing crypto to thrive, calling it ‘very dangerous’

Munger has previously criticized cryptocurrencies, which have plunged in value over the past year.

Fortune

The 5 best cryptocurrency apps and exchanges for February 2023

We compared various crypto apps and exchanges and weighed account minimums, cryptocurrency offerings, fees, mobile app ratings, and more.

France 24

US moves to tighten regulations on crypto sector

The United States is taking a step towards protecting cryptocurrency investors, as the Securities and Exchange Commission moves towards new regulations. Tim Byun, Global Government Relations Officer at OKX, speaks to FRANCE 24 about the potential implications for the industry, and how the collapse of FTX affected public perception of…

France 24

World Bank president to step down early

The president of the World Bank Group, David Malpass, will leave his post about a year before the end of his five-year term. Appointed by former US president Donald Trump in 2019, Malpass courted controversy for his views on climate change, but said he was “proud” of the work he…

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