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The Latest Breaking News from Crypto

Gary Gensler's SEC is going after NFT sales from 2021. What's the point?

The agency's enforcement priorities feel misplaced when it could be focusing on larger problems facing investors and the market.

Fortune

Bitcoin, Ethereum, Dogecoin Trade Mixed As Investors Digest Powell’s Hawkish Remarks: Analyst Warning On ETF Approval — ‘The Biggest Discount Of All Time, Or Sh*t News’

Major cryptocurrencies traded with mixed results on Sunday evening, reacting to Federal Reserve Chair Jerome Powell’s speech

Zenger

In a first, the SEC says NFTs offered by an L.A.-based entertainment firm are securities. Here’s how that could ripple throughout the industry

The case could expand the agency’s view over which types of cryptocurrencies fall under its jurisdiction.

Fortune

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The Fidelity CEO’s surprise record as a crypto visionary

Fidelity’s Abigail Johnson has had the vision and courage to pursue a strategy even when her Big Finance peers shied away.

Fortune

Bitcoin Miners Celebrate US Treasury’s New Tax Clarity

U.S. Treasury Department gave clarity to Bitcoin miners with a 300-page proposal under 2021 Infrastructure Investment and Jobs Act

Zenger

Circle’s CEO on the future of crypto regulation after the crypto winter and FTX’s failure in 2022

"A lot of the ideas that we have about how money moves around are going to change," Jeremy Allaire says on this week's Leadership Next podcast.

Fortune

Binance says intel shared with authorities led to capture of senior ISIS members in Asia

Binance says it worked with crypto forensics firm TRM and the National Bank of Tajikistan to identify members of the terrorist cell.

Fortune

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Lawyer wails that jailed crypto king is 'subsisting on bread and water', judge says she's 'reasonably confident' that's not the case

Sam Bankman-Fried's bail was revoked earlier this month, and he's now being detained until his trial.

PC Gamer

Coinbase pushes deeper into derivatives—but how many people want to buy them?

Products like futures and perpetual swaps are great for professional traders but don’t capture the early spirit of crypto.

Fortune

Treasury, IRS roll out long-delayed crypto tax reporting rules - Roll Call

The Biden administration on Friday issued proposed regulations to implement a key revenue-raiser from the 2021 infrastructure law.

Roll Call

These 3 Buy-Rated Bitcoin Mining Companies Are Poise To Run!

Want to invest in crypto, but not directly in a coin? Here's 3 buy-rated companies with more than 100% upside potential.

Barchart

Mastercard to end prepaid crypto card program with Binance after calling partnership ‘exciting step in our crypto journey’

The breakup follows two lawsuits from the U.S. federal government against the world’s largest crypto exchange.

Fortune

FTX wants to repay creditors in cash, and the bankrupt crypto exchange wants Mike Novogratz’s Galaxy to help

The company previously said that it held $3.4 billion in cryptocurrency.

Fortune

Bitcoin sees sudden 4% uptick after investors anticipate lower likelihood of interest rate hike in September

The upswing follows a recent crash in the crypto market amid economic unease.

Fortune

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The Times of India

Why jailed FTX co-founder Sam Bankman-Fried is unlikely to have access to Adderall

NEW YORK: Life at Brooklyn’s notorious Metropolitan Detention Center has proved challenging for disgraced former crypto CEO Sam Bankman-Fried.

Fortune

Friend.tech is crypto's latest craze—it's terrible but for one thing

The hot new app offers a "marketplace" to buy and sell shares in people.

Zenger

Bitcoin, Ethereum, Dogecoin Rise In Sync With Stock Markets: Analyst Warns ETH ‘Coming Home’ Before Touching All-Time Highs

Major cryptocurrencies experienced gains on Wednesday evening, aligning with the notable surge in traditional markets

Fortune

RECUR, once worth more than $300 million, is just the latest NFT venture to crash and burn

The startup, which hosted the IP of large brands like Hello Kitty, Paramount Pictures, and Nickelodeon, cited “significant shifts in the business landscape.”

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Al Jazeera

US charges crypto founders over alleged support for North Korean hackers

US officials allege Tornado Cash facilitated $1bn in money laundering transactions for North Korea’s Lazarus Group.

Fortune

XRP has erased almost all of its gains following the landmark SEC v. Ripple ruling. What happened?

The cryptocurrency doubled in value and then almost halved in price in just one month.

The Independent UK

Founders of crypto mixer arrested, sanctioned after US cracks down on Tornado Cash

U.S. government officials on Wednesday started cracking down on co-founders of the virtual currency mixer Tornado Cash, just days after a federal judge decided that the government had the authority to sanction them

Zenger

Bitcoin, Ethereum, Dogecoin Trade Mixed As Investors Await Jerome Powell’s Jackson Hole Speech: Analyst Predicts Dark Times Ahead For BTC, ETH

Major cryptocurrencies recorded a mixed trading session on Tuesday evening after Balancer decentralized crypto trading projects

Fortune

Beware of pig butchering. Romance and investment crypto scams are on the rise, says Binance

How to watch out for the growing scheme.

Fortune

Future of Finance: Guillaume Poncin joins Alchemy from Stripe to help bring DeFi to the masses

Poncin talked about his move to Alchemy, the promise of programmable money, and why most of Web3 has yet to be built.

Fortune

Web3 app Friend.tech lets influencers literally cash in on their follower counts

The app, which debuted in closed beta earlier this month, has already generated tens of millions of dollars in fees.

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