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The Latest Breaking News from Crypto

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.

Al Jazeera

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.

Fortune

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

The Independent UK

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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

Zenger

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.

Fortune

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Pennsylvania Battle Over Climate-Warming Crypto Mines Intensifies

Legislation aims to rein in an unregulated industry with ballooning environmental effects.

Capital & Main

Indian crypto exchange CoinDCX cuts staff by 12%

Indian cryptocurrency exchange CoinDCX is reducing its staff by 12%, after the platform’s revenues were hit by an ongoing slump in virtual currency trading.

The Times of India

Binance claims it adheres to Western sanctions in Russia. At least 5 blacklisted lenders are still processing payments for the exchange

The exchange is also reportedly in the midst of an investigation from the Justice Department.

Fortune

Coinbase and Circle's marriage is going fine—for now at least

A new deal brings two longtime crypto rivals closer together, but it's unclear how long it will hold up.

Fortune

UAE Wants To Be A Global Crypto Hub, Says SEBA Bank Senior Executive

The UAE has made significant steps to assist bitcoin and blockchain enterprises, particularly in Dubai and Abu Dhabi.

Zenger

Inside KCON LA 2023, an extravagant microcosm of K-pop's macro influence

This past weekend, an estimated 140,000 diehard K-pop fans took over the Los Angeles Convention Center and adjacent Crypto

The Independent UK

Hong Kong bets on crypto as sector’s star dims over crackdowns overseas

The Chinese territory has issued its first licenses for retail crypto trading amid push to cash in on virtual assets.

Al Jazeera

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Fortune

Coinbase takes equity stake in Circle as USDC-focused Centre Consortium shutters

An updated agreement between the crypto giants creates a new era for USDC.

Fortune

The crypto world wants to know why Vitalik Buterin just deposited $1 million in Ether with Coinbase

Some have speculated that Buterin was looking to dump the tokens or may be starting to use Coinbase’s new layer-2 blockchain.

Barchart

No Line Reading Involved: Cipher Mining (CIFR) is a Pure Risk-On Trade Right Now

While the smart money may have been clever in disguising its blockchain trades, for Cipher Mining, you can take the current options activity in CIFR stock at face value.

Barchart

Bitcoin and Ethereum: Important Levels to Watch as Cryptocurrencies Continue to Slide

Passions run high about cryptocurrencies and their role in the worldwide economy. Detractors believe Bitcoin, Ethereum, and other cryptos have no intrinsic value and are dangerous for the financial system. Supporters embrace the libertarian ideology that takes the power of the purse away from governments and returns it to individuals.…

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news in one place.

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Fortune

The publishing industry is lining up to dunk on crypto

A spate of new titles give in to the temptation of offering satisfying narratives over nuanced explanations.

Zenger

Bitcoin, Ethereum, Dogecoin Trade Mixed Following Market Turmoil

Major cryptocurrencies experienced a mixed trading session on Sunday evening, following the market turmoil witnessed on Friday

Fortune

The acronym crypto really needs is DPS: Drama Per Second

The latest drama at Shiba Inu shows why the crypto world needs a new metric.

The Guardian - UK

The spies for hire who pick the bones of corporate scandals

With offices on both sides of the Atlantic, Nardello & Co is tracking assets for the new managers of collapsed crypto exchange FTX

Fortune

Crypto sell-off intensifies, with XRP, Litecoin, and Bitcoin Cash among the hardest hit

Bitcoin is also down, dropping almost 8% in the past 24 hours to nearly $26,000.

Fortune

No, Elon Musk didn’t spark the Bitcoin sell-off

The current sell-off is yet another reminder that, when crypto prices crash, it is almost never due to a single factor.

TechRadar

GitLab has been exploited to launch a novel proxyjacking attack

Hackers are selling victim's excess bandwidth for cash and installing cryptominers on computers.

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