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The Latest Breaking News from Crypto

Norway Passes Data Centers Law In Bid To Block Crypto Mining

Norway has passed a new law that should help efforts in curbing the environment-related consequences of cryptocurrency mining.

International Business Times

Bitcoin is about to hit an event called the halving — and it may spark a huge rally

Crypto investors are getting excited about an upcoming quadrennial event called the halving that will effectively reduce the supply of new bitcoin in half. Here's what it all means.

WEKU

Crypto-Critical Senators Warren, Grassley Pressure CFTC To Explain Past FTX Communications

Warren and Grassley have given CFTC's Behnam up to the end of the month to produce documents of the agency's correspondence with FTX and jailed Sam Bankman-Fried.

International Business Times

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Kraken, Coinbase Release New Bitcoin Ads Ahead Of Halving As BTC Slumps

Bitcoin has dropped significantly since the weekend and has yet to bounce back, but Kraken and Coinbase are rallying behind the world's largest cryptocurrency, releasing ads that encourage consumers to trade the struggling digital coin.

International Business Times

Hong Kong Conditionally Approves First Bitcoin And Ether ETFs

Hong Kong's securities regulator on Monday granted conditional approval to start the city's first spot-bitcoin and ether exchange-traded funds (ETFs), firms involved said, positioning it as a leader in Asia for the use of cryptocurrencies as investment tools.

International Business Times

Over $2.4M Lost Last Week To Crypto Security Incidents: Blockchain Security Firm

The crypto sector lost more than $2 million to security incidents in the past week alone, including rug pulls and an "elaborate scam" by a fraud group notoriously known for its multiple exploits of the industry.

International Business Times

GOP Senate Candidate Deaton 'Outraised' Warren In Q1 With Help From Crypto Leaders

Republican senate candidate for Massachusetts John Deaton has a long way to go before he can unseat Democratic Sen. Warren, but it appears crypto titans are starting to see his potential.

International Business Times

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Binance Executive Reportedly Tracked In Kenya, Authorities Working On Extradition

The Nigerian government, which has been hot on the heels of an "escaped" Binance executive, has reportedly caught up and is now working to extradite the crypto giant's regional manager for Africa.

International Business Times

FTX crypto exchange founder appeals fraud conviction, 25-year prison sentence

Former billionaire crypto trader Sam Bankman-Fried has filed an appeal against his fraud conviction and 25-year jail sentence for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded in one of the biggest financial frauds in the history of the United States, which impacted victims all…

Radio France Internationale

These two crypto-integrated handhelds are aiming to make Web3 gaming happen—because if it doesn't work the first time, try, try and try again

It's our old friend the blockchain, rising from its cold, hard grave.

PC Gamer

Michael Saylor Calls Bitcoin 'Divine,' Sparks Debate Among Crypto Users

Bitcoiners were once again treated to a statement from MicroStrategy's Michael Saylor, known as a man of few words on X, but seemingly always knows what to say to engage his followers and the crypto community.

International Business Times

Protocol Project That Claimed Fake Blockchain Security Audits Vanishes After Callout

ATMA, which amassed over $400,000 from investors who thought the blockchain protocol project wouldn't be a scam, has vanished.

International Business Times

Two cryptocurrency companies collapse owing $160m

Two separate Australian cryptocurrency companies have collapsed while federal court proceedings are being pursued against the directors of the businesses.

AAP

'Fighting For DeFi': Crypto Community Decries SEC Wells Notice On Uniswap

The crypto space is outraged with the Wells Notice the SEC delivered to Uniswap this week, with many saying they will support the DeFi firm in its legal battle against the crypto-hostile regulator.

International Business Times

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International Business Times

Sam Bankman-Fried Appeals Fraud Conviction, 25-year Jail Term

Fallen cryptocurrency wunderkind Sam Bankman-Fried has appealed his federal conviction and 25-year jail sentence in a sweeping fraud case, according to a legal filing made public Thursday.

The Guardian - US

Sam Bankman-Fried appeals FTX fraud convictions and 25-year prison sentence

Ex-CEO and former crypto mogul, 32, was found guilty of seven counts of fraud and conspiracy to launder money in November

GamesRadar

I was almost interested in this newly announced Steam Deck rival until crypto vibes spoiled it all

The SuiPlay0X is an upcoming gaming handheld that's intrinsically linked to Web3, but it could still take on the Steam Deck if it focusses on other features.

International Business Times

Wallet With 9 Million USDT Frozen, Raising Questions On Crypto Decentralization

A frozen wallet with millions in Tether stablecoins has raised questions about the crypto industry's key theme of decentralization, and the debate on X helped educate some users about the differences between Tether and Bitcoin.

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International Business Times

Asia's First: Hong Kong May Approve First Spot Bitcoin ETFs Next Week

Hong Kong may announce the first approvals of spot Bitcoin ETFs next week, which would make the Chinese special administrative region the first in Asia to offer BTC ETFs.

Top News

Microstrategy Suffers Billion Loss In Crypto Sector Short

MicroStrategy's billion losses in crypto market highlight risks and volatility, emphasizing the importance of strategic decision-making and risk managem...

International Business Times

Most Of Ripple-Owned Metaco's Execs, Marketing Staffers Have Left Crypto Custody Firm: Report

Metaco, which saw its CEO depart the company earlier this year, has lost most of its executives and marketing department members, a new report revealed.

International Business Times

Bitcoin Miners Face Survival Test In 'Halving'

Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say.

International Business Times

New Binance Chief Stresses Importance Of Compliance

The new CEO of the world's top crypto platform stressed the importance of regulatory compliance for Binance's future success, months after its former chief executive pleaded guilty to violating US anti-money laundering laws and it paid $4.3 billion to settle charges.

International Business Times

Bitcoin ETF Issuers VanEck, CoinShares Pessimistic SEC Will Approve Ethereum Applications

Like Bloomberg analysts who believe the SEC's silence is a bad omen, VanEck and CoinShares aren't confident the regulator will actually approve spot Ether ETF applications as it did with Bitcoin ETFs.

International Business Times

US Bitcoin Skepticism Decreasing, But Some Believe BTC Will Plummet To $20K: Survey

Doubts regarding Bitcoin and cryptocurrencies in the U.S. are decreasing as the world's most popular digital asset had a stellar bull run in the first quarter of 2024.

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