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The Latest Breaking News from Crypto

Crypto Fallout: Why You Need to Pay Attention to Coinbase’s (COIN) Options Activity

With the cryptocurrency sector suffering a conspicuous drop recently, the latest options rumblings for Coinbase don’t bode well for COIN stock and the entire ecosystem.

Barchart

Bitcoin bounces back after dipping below $25,000 on concern over FTX dumping crypto assets

The FTX bankruptcy estate soon could offload some $3.4 billion in crypto holdings.

Fortune

Franklin Templeton files for Bitcoin ETF, joins race for crypto ‘holy grail’

Franklin Templeton joins a flurry of ETF applications from financial heavyweights after BlackRock entered the fray in June.

Fortune

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Ripple's deal for Fortress included a bailout for customers who had been hacked

A crypto custody firm called Fortress getting hacked shows yet again how unserious the industry is about cybersecurity.

Fortune

Asia is a crypto bright spot amid global slump, report finds

Chainalysis released its annual adoption index on Tuesday.

Fortune

Bitcoin, Ethereum, Dogecoin Drop As Beleaguered FTX Looks To Offload Billions In Tokens: Analyst Foresees Extreme Ethereum Crash, Predicts ETH Dropping More Than 70%

Major cryptocurrencies saw a sharp decline on Sunday as traders grew concerned about the potential selling pressure arising from the bankruptcy of exchange FTX

Zenger

Worried About Cryptos? Here’s What Options Traders Say About Riot Platforms (RIOT)

With the cryptocurrency sector floundering, investors may want to turn to blockchain miner Riot Platforms to get a better read on sentiment.

Barchart

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FTX estate continues to explore ‘FTX 2.0,’ reaching out to more than 75 bidders in reboot talks

John J. Ray III, current CEO of FTX, said in January that relaunching the exchange was a possibility.

Fortune

$690,000 hack of Vitalik Buterin’s X account includes theft of $244,000 CryptoPunk NFT

The account reportedly was hacked to promote a fake free NFT that proved to be a scam.

Fortune

Crypto's hacking problem is out of hand—and it's going to get worse before it gets better

It's a bad look for the crypto industry to let North Korean hackers rob them blind.

Fortune

Venture Capitalist Who Predicted 2022 Crypto Market Bottom Expects 2,500% Rally For Solana

In a recent social media interaction, Chris Burniske, shared a highly optimistic trajectory for the cryptocurrency Solana

Zenger

Bitcoin Facing Economic Reset Amid Liquidity Crisis, Says Crypto Analyst

Bloomberg macro strategist Mike McGlone recently shared his insights on the potential repercussions for Bitcoin (CRYPTO: BTC)

Zenger

Only Eight Exchanges Handle Majority Of Crypto Trading Volume: Report

In the dynamic world of cryptocurrency trading, a handful of exchanges have emerged as dominant forces

Zenger

Bitcoin On The Cusp Of ‘Final Correction,’ Says Crypto Analyst

Renowned crypto analyst Michaël van de Poppe recently shared his insight on the potential trajectory of Bitcoin

Zenger

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The Hindu

As G-20 plans crypto regulatory framework, India may shelve plan for outright ban

India could wait a while longer before firming up its domestic regulations for crypto currencies, and initiate a dialogue with stakeholders on the way forward

The Hindu

On the Finance Track, G-20 to push forward on crypto regulation, MDB reforms next month

Finance Minister Nirmala Sitharaman said that the Indian presidency has crafted solutions that resonate with each member, offering a shared path forward for all and leaving no one behind

Fortune

Crypto keeps winning in court—but Wall Street may claim the spoils of victory

It would be ironic if the entrepreneurs get left behind as the crypto industry finally achieves legitimacy.

The Independent UK

Robot dogs, AI and the plan to retrieve £165m crypto fortune lost in rubbish dump

James Howells has been embroiled in a decade-long battle to find his digital millions, Joe Middleton writes

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The Hindu

ED attaches assets worth ₹3.43 crore in cheating case

ED attaches assets worth ₹3.43 cr. in Morris coin crypto currency case. Assets include bank accounts of M/s Flywithme Mobile LLP and immovable property of Ansari P. Investigation revealed Nishad had collected deposits from investors through his firms in guise of initial coin offer. Money redistributed to investors as profits…

Zenger

Does Banning Crypto Solve Anything?

The rapid evolution of the crypto-asset landscape has brought forth a plethora of opportunities and inevitable risks.

The Independent UK

Former FTX crypto executive pleads guilty to making millions in illegal campaign contributions

A former top executive at the failed FTX cryptocurrency exchange pleaded guilty Thursday to making tens of millions of dollars in illegal campaign contributions to U.S. politicians and engaging in a criminal conspiracy to operate an unlicensed money transfer business

France 24

Regulators eyeball Worldcoin, Sam Altman's biometric crypto project

Worldcoin, a cryptocurrency project co-founded by OpenAI CEO Sam Altman, has made waves this summer, enjoying millions of signups and raising $115 million, while other crypto startups struggle. But it's come under intense regulatory scrutiny, not least in France and Germany, over privacy concerns. We take a closer look in…

Fortune

Ripple acquires Fortress Trust, its second acquisition in 2023 after buying Metaco for $250 million

The acquisition adds further wind beneath Ripple’s wings after its partial win against the SEC in July.

The Independent UK

Former FTX crypto executive pleads guilty to making millions in illegal campaign contributions

Fortune

Sen. Hagerty says ‘terrible environment’ is forcing crypto companies ‘to look overseas’ and calls for more oversight hearings with SEC’s Gensler

The likelihood of digital asset legislation has diminished in the wake of FTX’s collapse.

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