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The Latest Breaking News from Crypto

Crypto hocus-pocus sees $6.5 million go 'poof' from Abracadabra thanks to a Cauldron problem that let a user exploit Magic Internet Money (I swear)

Now you see it...

PC Gamer

Visa Users Can Now Directly Withdraw Cryptocurrency in 145 Countries

Visa has partnered with Transak to enable quick crypto-to-fiat conversions.

Kiplinger

Did Australian Invent Bitcoin? UK Court Examines Claim

A court case starting in London on Monday will seek to determine whether Australian computer scientist Craig Wright invented bitcoin, the world's first and biggest cryptocurrency.

International Business Times

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Crypto Exchange OPNX To Shut Down As FTX Bankruptcy Claims Reach 'Recovery'

OPNX, the exchange founded by two of the people behind fallen crypto hedge fund Three Arrows Capital, will shut down this month.

International Business Times

US Lawmakers Move Resolution To Repeal SEC's Crypto Custody Accounting Rule

A group of U.S. lawmakers are calling on the SEC to repeal its controversial SAB 121 policy that requires digital assets custodians to report liabilities and assets on their balance sheets.

International Business Times

US Charges 3 In $400 Million Sim-Swapping Hack Linked To FTX

A U.S. court has charged three individuals for staging a SIM-swapping hack that reportedly victimized FTX, Sam Bankman-Fried's fallen crypto exchange.

International Business Times

FTX Scraps Relaunch Plans, Expects Full Customer Repayment

FTX, the collapsed crypto exchange founded by Sam Bankman-Fried, said it has abandoned plans to relaunch and will instead focus on liquidating assets so it can repay customers.

International Business Times

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Hackers Steal $213M In XRP, Ripple CEO Confirms 'Unauthorized Access' To Some 'Personal' Accounts

Hackers stole over $200 million worth of XRP from a crypto wallet whose ownership is unclear, and Ripple's CEO has since confirmed that some of his non-Ripple "personal" wallets were accessed.

International Business Times

ARK Invest’s Cathie Wood is Searching for the Next Big Thing

ARK Invest’s Cathie Wood talks robo-taxis, crypto, AI and more.

Kiplinger

FTX scraps plan to revive exchange and will repay billions to customers

Cryptocurrency exchange founded by Sam Bankman-Fried ‘an irresponsible sham created by a convicted felon’, lawyer says

The Guardian - US

Waiting Out Bukele's 'Bitcoin City' On A Salvadoran Beach

When President Nayib Bukele announced plans to create the world's first "Bitcoin City," a futuristic metropolis financed by cryptocurrency bonds, American Corbin Keegan packed up his life in Chicago and headed for El Salvador.

International Business Times

George Osborne joins Coinbase as crypto firm faces US court fight

Appointment of former UK chancellor comes as regulator sues operator over claims it flouted rules

The Guardian - UK

Terraform Labs Says Bankruptcy Filing 'Critical' In Its SEC Lawsuit Appeal

Terraform Labs, the blockchain firm behind the TerraUSD (UST), said Tuesday that its Chapter 11 bankruptcy filing would also help keep the Terra network's operations rolling.

International Business Times

Hong Kong Receives First Bitcoin ETF Application from China's Fund Manager

Discover the latest developments in the cryptocurrency market, including the potential approval of a spot bitcoin ETF in Hong Kong. Stay informed with our ...

Top News

IRS delays Form 8300 reporting for digital asset transactions

The new IRS guidance delays Form 8300 reporting for digital asset transactions, offering relief and clarity to businesses in the crypto industry.

Latin Times

Bitcoin in the U.S., Latinos Drawn to Crypto as an Alternative 'Pathway to Wealth Building'

Crediverso CEO Carlos Hernández explores financial disparities among U.S. Hispanics and the community's growing interest in Bitcoin

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