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The Latest Breaking News from Crypto

Sam Bankman-Fried can’t shut up. His ‘word salad’ answers were almost 75% longer on average than his 3 FTX lieutenants’

“The witness has what I'll simply call an interesting way of responding to questions,” Judge Lewis Kaplan said of Sam Bankman-Fried’s babble.

Fortune

Cryptocurrencies Surge As Optimism Grows For Bitcoin ETF Approval

Bitcoin decouples from U.S. equity markets while trading volume for existing instruments hints at strong demand for spot Bitcoin ETFs

Zenger

Crypto Analyst Highlights Diminishing Returns For Bitcoin And Ethereum

Coin Bureau's Guy Turner predicts potential 3x and 7x gains for Bitcoin and Ethereum respectively

Zenger

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read the most diverse news in one place.

Sam Bankman-Fried admits to ‘large mistakes’ in crypto fraud trial testimony

Bankman-Fried says his biggest mistake was not implementing a dedicated risk management team for crypto trading platform FTX

The Guardian - US

Sam Bankman-Fried on the stand: ‘A lot of people got hurt’

Disgraced crypto entrepreneur admits mistakes were made in FTX’s collapse but denies he’s a crook

The Independent UK

Crypto projects still building through bear market

The Australian co-founder of decentralised finance project Maple Finance says that crypto has been rebounding after several high-profile collapses last year.

AAP

3 Buy-Rated Crypto Stocks to Consider as Bitcoin Prices Break Out

As Bitcoin surges on regulatory optimism, these three crypto mining stocks could be well-positioned for additional upside, according to Wall Street analysts.

Barchart

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Sam Bankman-Fried asked about co-living at FTX, ex-girlfriend and poker during fraud trial – as it happened

Lawyers for Bankman-Fried question him about the unusual housing and lifestyle habits of FTX employees

The Guardian - US

How to spot a crypto scam

In the Wild West of cryptocurrency, the crossover between legitimate business and scam is sometimes too close to call.

Fortune

Apex Fintech CEO is eyeing an IPO—after pulling plans for a SPAC in 2021

Apex is in talks with banks about a possible IPO.

Fortune

Crypto Recovery Firm Offers To Unlock $244M Bitcoin Hard Drive For Former Ripple CTO

Unciphered proposes to access Stefan Thomas' encrypted device, highlighting challenges of lost access in the crypto world.

Zenger

Sam Bankman-Fried stumbles through cross-examination—and he wasn’t even in front of the jury

In an unusual hearing without the jury present, the disgraced crypto founder faced an unrelenting prosecution.

Fortune

Sam Bankman-Fried blames FTX lawyers in surprise judge-only testimony

In a rare move, disgraced former ‘crypto king’ Sam Bankman-Fried took the stand without the jury

The Independent UK

Sam Bankman-Fried testifies in his crypto fraud trial without jury present

The CEO of the failed cryptocurrency exchange FTX is charged with seven counts of wire fraud and conspiracy to launder money

The Guardian - US

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Zenger

Galaxy Digital Projects 74% Spike For Bitcoin With US-Regulated ETF Approval

Crypto fund predicts significant price increase and market adoption with a spot Bitcoin ETF.

Zenger

Bitcoin Dominance Hits 30-Month High As Cryptocurrency Market Cap Rises

Major coins trade mixed as Bitcoin breaches $35,000 level and global market cap reaches $1.27 trillion.

Fortune

Sam Bankman-Fried wants to throw FTX lawyers under the bus when he takes the stand, per court filing

The defense also plans to prompt Bankman-Fried to testify about common practices in the crypto industry as well as why he pushed for the Bahamas to oversee FTX's bankruptcy.

Fortune

The Wall Street Journal and Liz Warren double down on the Hamas crypto canard

Warren's failure to acknowledge a mistake is understandable. The Journal's is less so.

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Fortune

Jump Crypto and Bain Capital Crypto bet $8 million on Gauntlet founder’s new startup, Aera

In addition to Gauntlet, his $1 billion company, Chitra also has his own venture capital firm, Robot Ventures.

Zenger

SEC To Review Grayscale Bitcoin Trust ETF Filing Again As Bitcoin Surges

Grayscale's Bitcoin Trust ETF filing under scrutiny while Bitcoin and crypto assets rally

Evening Standard

Former cryptocurrency boss Sam Bankman-Fried will testify at trial, lawyer says

The FTX founder is accused of stealing billions of dollars from investors and customers

The Independent UK

Bitcoin prices have doubled this year and potentially new ways to invest may drive prices higher

Bitcoin is having another moment

Fortune

Crypto has a DeFi problem

The current war in Israel has made terrorist financing through crypto a top priority in D.C.

The Guardian - UK

Going Infinite by Michael Lewis review – falling for the antihero

The Moneyball author develops a misguided soft spot for fallen crypto king Sam Bankman-Fried

Fortune

Fortress CEO Scott Purcell steps down after crypto custodian’s sale to Ripple falls through

The crypto custodian was the victim of a multimillion-dollar hacking incident in September.

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