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The Latest Breaking News from Crypto

Crypto analyst warns of 2008 financial crash-style ‘domino effect’ as Bitcoin prices plunge

At least 10 crypto firms have gone bust or have suspended withdrawals since the beginning of the year

Evening Standard

Crypto: Uncertainty Returns, Bitcoin Falls

The cryptocurrency market is overtaken by investors' worries about the health of the economy and what the Fed will do.

The Street

Another Singapore crypto firm in trouble

SINGAPORE: The beleaguered cryptocurrency lender Hodlnaut says it is the subject of “pending proceedings” involving Singapore police and that it has slashed its workforce.

Bangkok Post

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Crypto's collapse isn't solving the ransomware problem

Ransomware attackers collect their payments in Bitcoin, but the crypto crash hasn't slowed them.

Axios

Bored Ape Yacht Club Loan Deathspiral Could Nuke Entire NFT Market, Warns Crypto Analyst

A series of Bored Ape Yacht Club (BAYC) loan liquidations on NFT liquidity pool BendDAO could wipe out the entire NFT market, warned pseudonymous crypto analyst “doubleQ."

Benzinga

Drug trade thrives in darknet

Drug traffickers have gone hi-tech and are using dark web, social media and crypto currency to carry on their activities clandestinely, reveals a police investigation following a drug bust

The Hindu

Bitcoin, Ethereum, Dogecoin Rangebound — But Analyst Says This Upcoming Event Could End The 'Vacation'

Major coins remained under pressure in the aftermath of the release of minutes from the U.S. Federal Reserve’s July policy meeting as the global cryptocurrency market cap fell 1.3% to $1.1 trillion.

Benzinga

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If Crypto Is 'Too Big To Fail,' Secure Infrastructure Is Needed, Prime Trust Exec Says

Benzinga, a media and data provider bridging the gap between retail and institutional investors, is bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022.

Benzinga

Benzinga Before The Bell: Tesla Model Y Delivery Wait Time Shortened In China, Mark Zuckerberg's Sister Emphasizes On Evolution Of Web3, Amazon Succumbs To TikTok Fever And Other Top Financial Stories Thursday, August 18

CNBC

Benzinga

Crypto: Two Renowned Influencers Will Face Off in Court

BitBoy and Atozy have between them nearly 3 million subscribers on Youtube.

The Street

Bitcoin, Ethereum, Dogecoin Drop As FOMC Meeting Restores Worries: Analyst Warns We Could Be In For A 'Big Dump'

Top cryptocurrencies declined Wednesday evening as the global cryptocurrency market cap fell 2.4% to $1.1 trillion.

Benzinga

Inspired by Luke Rockhold, Francis Ngannou vents UFC sponorship frustrations: ‘I lost a deal of over a million dollars’

The UFC heavyweight champion vented frustrations about fighter pay.

USA Today Sports Media Group

The NFL is getting even cozier with crypto companies

Fans can now purchase suite tickets to Houston Texans games using digital currencies.

Input

Coinbase Slumps As SEC Investigations Move Forward

Coinbase announced it's under investigation by the SEC regarding its Q2 earnings miss. The cryptocurrency exchange recently partnered with BlackRock.

Investors Business Daily

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The Street

Dogecoin, Elon Musk's Favorite Crypto, Gets Serious

Benzinga

Benzinga Before The Bell: More Amazon Workers Join Union Over Pay and Work Conditions, UK Inflation Highest In 40 Years, Sole Monkeypox Vaccine Maker Finds It Difficult To Meet Accelerating Demand And Other Top Financial Stories Wednesday, August 17

CNBC BlackRock To Pledge A$1B In Australian Battery Storage Assets – Report

Benzinga

Dogecoin Daily: Rally Fades Yet Again, Has The Apex Meme Coin Hit A Wall Of Resistance?

Dogecoin (CRYPTO: DOGE) traded 4.65% lower at $0.083 over 24 hours leading up to early Wednesday morning. DOGE traded lower in tandem with other major coins as the global cryptocurrency market cap fell 1% to $1.14 trillion at press time.

The Guardian - UK

TechScape: Why can’t crypto exterminate its bugs?

‘Provenance hashes’ and bug bounties are supposed to protect platforms. Why do so many flaws in crypto and open-source projects fester for years?

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AFP

South Korean founder of failed Terra coin admits he was 'wrong'

Seoul (AFP) - The co-founder of the failed Terra cryptocurrency, which collapsed and wiped out about $40 billion of investors' money in May, has admitted he was "wrong", but said that he was not talking to South Korean investigators.

The Hindu

FTX Crypto Cup | Praggnanandhaa beats Anish Giri, notches up second straight win

With each victory over the four rapid games worth $7500, Praggnanandhaa has already ensured $15,000

Asharq Al-Awsat

South Korean Founder of Failed Terra Coin Admits He Was 'Wrong'

The co-founder of the failed Terra cryptocurrency, which collapsed and wiped out about $40 billion of investors' money in May, has admitted he was "wrong", but said that he was not talking to South Korean investigators. The dramatic disintegration of stablecoin TerraUSD and its sister token Luna -- which both…

Benzinga

Bitcoin, Ethereum Lag Behind As Dogecoin Becomes Top Gainer — Why One Analyst Thinks 'Things Could Get Ugly' Soon

Bitcoin and Ethereum traded in negative territory Tuesday evening as the global cryptocurrency market cap fell 0.7% to $1.14 trillion.

Benzinga

'We're Very Well-Positioned To Continue To Be A Market Leader': Kevin O'Leary-Backed WonderFi Says During Earnings Call

The Kevin O’Leary-backed crypto platform, Wonderfi Technologies Inc (OTCMKTS: WONDF) issued its third-quarter earnings report on Mo

Input

Celsius is an even bigger dumpster fire than we thought

CEO Alex Mashinsky took over the embattled crypto exchange's trading strategy in January, and proceeded to make some questionable decisions at its helm.

Benzinga

Celsius Expected To Reach Negative Liquidity By October

Beleaguered crypto lending platform Celsius (CRYPTO: CEL) is projected to reach negative liquidity of around $34 million by October this year, according to the company’s latest Chapter 11 documents.

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