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The Latest Breaking News from Crypto

Bitcoin Unstoppable As It Explodes Above $41K, Triggers $190M Liquidations

However, Bitcoin's latest move also caused $190 million worth of liquidated derivates, $150 million of which was in short positions.

International Business Times

SEC Under Fire As US Judge Threatens Sanctions Over 'Misleading' Claims In Crypto Case

U.S. Chief District Judge Robert Shelby ordered the major Wall Street regulator to explain the statements it made while implementing and maintaining a temporary restraining order (TRO) against the crypto project DEBT Box.

International Business Times

Bitcoin Soars Past $40,000 On Optimism For US Trading Approval

Bitcoin on Monday rose past $40,000 for the first time since May last year, boosted by hopes that the United States will soon allow broader trading of the world's biggest cryptocurrency.

International Business Times

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Franklin Templeton’s Jenny Johnson on Bitcoin ETFs, investing in crypto, and how her firm is harnessing the blockchain

Franklin Templeton is among the financial giants to have filed an application for a Bitcoin ETF.

Fortune

Judge scolds SEC for apparent deception in crypto case, threatens to sanction agency

The SEC is suing crypto firm DEBT Box for allegedly defrauding investors out of nearly $50 million.

Fortune

Bitcoin Price Today: BTC tops $38,000, Starts December with Strongest Performance since May 2022

The cryptocurrency's current price still remains far below the all-time high of $69,000 achieved in November 2021

Latin Times

What is the $1 billion lawsuit facing Cristiano Ronaldo?

Football star being sued for Binance endorsement

Evening Standard

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Tiger Global markdowns include massive cuts to Bored Ape Yacht Club and OpenSea

The noted VC firm slashed its valuations of the crypto stalwarts even as the sector is seeing something of a resurgence.

Fortune

FTX and Binance: how latest crypto scandals could influence public opinion on digital currency regulation

True believers in cryptocurrency have had a rough few weeks. The US government just fined Binance – the world’s largest crypto exchange – US$4.3 billion (£3.4 billion) for its involvement in money laundering.

The Conversation

Ex-Inmate Says SBF Was On Suicide Watch In Jail, Didn't Eat And Shower For Days

In an interview with a crypto blogger, mob enforcer-turned-informant Gene Borrello talked about Bankman-Fried and his condition inside the Brooklyn Metropolitan Detention Center as he awaits his sentencing next year.

International Business Times

Bitcoin Soars To $38,000 Amid Spot ETF Approval Anticipation And MicroStrategy's BTC Accumulation

The price rally of Bitcoin, which started in October, also fueled speculations that it would touch $40,000 or higher by the end of 2023.

International Business Times

Cristiano Ronaldo faces $1bn lawsuit for promoting NFTs

Ronaldo has been hit with a billion dollar class-action lawsuit over his role in promoting the beleaguered cryptocurrency exchange Binance

The Independent UK

Pro-crypto Majority Whip Tom Emmer denounces CBDCs as a ‘surveillance tool’ and calls for stablecoin oversight

Speaking about Tether, Emmer said, “We need to have this stuff here.”

Fortune

Galaxy Digital CEO Mike Novogratz says Bitcoin will rebound to its all-time high by next year in wake of ETF approvals

Novogratz said the approval of a spot Bitcoin ETF could drive billions to the crypto space.

Fortune

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The Independent UK

Cristiano Ronaldo faces $1B class-action lawsuit for promoting for Binance NFTs

Portuguese soccer star Cristiano Ronaldo has been hit with a billion dollar class-action lawsuit over his role in promoting cryptocurrency-related “non-fungible tokens,” or NFTs, issued by the beleaguered cryptocurrency exchange Binance

Fortune

Abu Dhabi and Asia show crypto is charging ahead—with or without the U.S.

The U.S. has good reasons to stifle crypto—but what's happening elsewhere shows the genie is out of the bottle.

TechRadar

Sinbad crypto mixer used by North Korean Lazarus Group seized by US government

The Sinbad cryptomixer has been taken offline, but will this stop Lazarus from laundering its funds?

International Business Times

FTX Wins Court Approval To Sell Nearly $900M Worth Of Grayscale, Bitwise Trust Assets

FTX's stakes in these trusts would be sold in a manner that increases their value and does not impact the broader digital investment market, the court filing read.

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Zenger

Mark Cuban Expresses Interest In Transformative Crypto Real Estate Project

Billionaire investor explores blockchain-based smart contracts and NFTs for urban development.

Fortune

Treasury’s Wally Adeyemo wants to crack down on illicit finance enabled by crypto: ‘A clear and present danger for national security’

The Treasury deputy secretary is laying out a new approach to the digital asset industry.

International Business Times

US Slaps Sanctions On Crypto Mixer Used By N.Koreans For Laundering

The United States on Wednesday slapped sanctions on a crypto mixer that it said was serving as a money laundering tool for hackers affiliated with the North Korean government.

Fortune

Used by North Korea–linked hackers, Sinbad.io becomes 3rd crypto mixer slapped with U.S. sanctions in last 18 months

Sinbad.io is the third crypto mixer to be sanctioned by OFAC since May 2022.

Fortune

SoFi is getting out of crypto. Customers have 3 weeks to move their accounts to Blockchain.com—or possibly face a big tax bill

SoFi first offered crypto trading in 2019, but it never became a huge part of the fintech firm.

Fortune

Inside Gary Gensler’s efforts to remake the SEC

How a former Goldman Sachs banker became the most divisive SEC chair in decades.

Fortune

Wormhole raises $225 million at a $2.5 billion valuation, finalizing split from Jump Crypto amid firm’s recent pullback

Saeed Badreg, CEO of Wormhole Labs, said that raise was in exchange for future Wormhole tokens.

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