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The Latest Breaking News from Crypto

Ferrari Now Accepts Cryptocurrency Payments In United States

Europe will follow soon.

Motor1

Ferrari will now let you pay for your new car with crypto, and the brand is expanding the service to Europe at the request of wealthy customers

Elon Musk briefly attempted to sell Teslas using crypto only to abandon the effort, suffering heavy write-downs on its $1.5 billion Bitcoin stake in the process.

Fortune

Behind the scenes of week 2 of Sam Bankman-Fried’s trial

Caroline Ellison testified about bribery, FTT, Thai prostitutes, and her surprisingly small equity package.

Fortune

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Future of Finance: TaxBit’s Argalas on the benefits of FinTech-TradFi collaboration, and how clear crypto rules would help everyone

Argalas ascended to the top position at TaxBit in June after previously serving as chief operating officer.

Fortune

Crypto regulation proposal a 'critical milestone'

Australian cryptocurrency exchanges are mostly welcoming a proposal to subject them to the same licensing rules as traditional financial institutions.

AAP

Better protection for Australians' online crypto assets

Treasurer Jim Chalmers has unveiled a proposal for legislation to better protect Australians using digital currencies.

AAP

Why the Trader Joe’s lawsuit against a similarly named crypto firm may not be ‘a slam dunk’

The beloved grocery store chain has a reputation for aggressively defending its intellectual property.

Fortune

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Observations from Friday’s Lakers vs. Warriors preseason game

There were three main takeaways from the Lakers' Friday evening contest against the Warriors at Crypto.com Arena.

USA Today Sports Media Group

Crypto Market Reacts To CPI Increase, Stocks Decline On Treasury Yield Concerns

Major cryptocurrencies trade mixed as CPI surpasses estimates, while stocks drop on rising Treasury yields.

Zenger

Jarred Vanderbilt will not play in Friday’s Lakers vs. Warriors game

Lakers fans at Crypto.com Arena for Friday's game versus the Warriors will have to wait a bit longer to see forward Jarred Vanderbilt play.

USA Today Sports Media Group

EDX Markets Launches As Crypto Trading Platform With Traditional Finance Practices

CEO Jamil Nazarali to Share Insights at Future of Digital Assets Event

Zenger

Even after Sam Bankman-Fried’s arrest, the crypto industry remains full of men acting like boys

Crypto is a gender-neutral technology—but the industry itself is another story altogether.

Fortune

Bankman-Fried’s whisper campaign against Binance is part of a long U.S. tradition of working the refs

Testimony this week shed light on Bankman-Fried's attempt to sic regulators on Binance—a time-worn tactic in U.S. finance.

Fortune

Caroline Ellison’s testimony against Sam Bankman-Fried: five key takeaways

The former Alameda CEO offered stunning testimony against her ex-boyfriend and failed crypto mogul being tried for fraud

The Guardian - US

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Newsroom.co.nz

Don't throw the crypto baby out with the mercenary bathwater

The Reserve Bank is preparing for the day when cryptocurrency goes mainstream in New Zealand but there are plenty of sceptics who doubt the benefits of digital assets. Ben Rose argues the case for moving forward.

Fortune

Inside the meeting where Caroline Ellison came clean to Alameda staff, per a secret recording from an employee who started 3 days earlier

“I’m sure this wasn’t a YOLO thing, right?” Christian Drappi, another Alameda employee, asked the crypto hedge fund's former CEO.

Zenger

Justin Sun Moves Millions In ETH To Lido, Sparking Price Drop Concerns

Tron founder Justin Sun transfers millions of dollars worth of ETH to Lido platform, raising concerns about price drop.

Zenger

Bitstamp To Exit Canadian Market As Cryptocurrency Exchange Shake-Up Continues

Luxembourg-based exchange discontinues services for Canadian customers, plans to refocus on regions with favorable regulations.

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Fortune

Standard Chartered says Ether could reach $8,000 by 2026 as blockchain upgrades continue

The second-largest cryptocurrency by market cap is trading near a six-month low.

Fortune

Don't blame crypto for the massacre in Israel. Blame Hamas

A report found the terrorist group had millions in crypto wallets. What's the implication of that?

Fortune

Sam Bankman-Fried laughed, scoffed, and visibly shook his head during Caroline Ellison’s second-day testimony, prosecutor tells judge

The FTX founder’s alleged behavior stands in contrast to how he’s previously reacted to other witnesses.

Zenger

Game Of Silks Raises $5M, Hits $10M Funding Milestone For Fantasy Horse Racing NFT Platform

Blockchain intelligence firm Messari reports lowest Q3 fundraising in three years for crypto sector.

Zenger

Cryptocurrencies Decline As Fed Minutes Reveal Anticipation Of Rate Hike

Major cryptos see drop as majority of committee members expect at least one more rate increase

Fortune

Plenty of VCs have made big crypto bets that could actually pan out

FTX made a $500 million bet on AI startup Anthropic—and plenty of other VCs have viable crypto investments.

Fortune

Caroline Ellison’s latest testimony included utilitarianism, Saudi money, Thai prostitutes, and ended in tears: ‘The worst week of my life’

“Rules like 'don’t lie' or 'don’t steal' didn’t fit in that framework,” the former Alameda CEO said of Sam Bankman-Fried’s utilitarianism.

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