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The Latest Breaking News from Crypto

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

The Independent UK

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.

Fortune

Former FTX executive Ryan Salame, who bought a private jet while working for the crypto exchange, to plead guilty

His plea follows similar deals for two other FTX executives, Gary Wang and Caroline Ellison.

Fortune

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Firms can mark Bitcoin rebounds on their balance sheets in long-awaited accounting change

The long-awaited change from FASB comes at a time when traditional finance looks poised to exert a bigger influence over crypto.

Fortune

Bitcoin, Ethereum, And Dogecoin Trade Mixed As Investors Weigh August Job Report

Major cryptocurrencies exhibited a mixed trading performance on Sunday as traders evaluated the latest U.S. jobs report

Zenger

MPs' report ignores track record of crypto boosterism

The government's inquiry into cryptocurrencies is based on hype and wish fulfilment rather than the proven track record of crypto and web3, argues Dr Olivier Jutel

Newsroom.co.nz

September has been a bad month for Bitcoin. This year could be among the worst

Since 2013, the coin has taken a monthly loss in September all but twice.

Fortune

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Inside Circle's tumultuous attempt to build the future of money

Why is the USDC developer losing to Tether?

Fortune

Bitcoin has only 6 billionaires in the entire world, report reveals

"It could be worth holding onto the crypto you have in case it ramps up one day—but don’t bet on it."

Fortune

Are Cryptos On Brink Of Collapse? Expert Warns Of Sell-Off As Trades Flat

Cryptocurrencies — Bitcoin Ether — are trading flat with losses of about 0.6% and 0.1%, respectively.

Zenger

Circle wanted to create a financial revolution. Instead, it’s losing the stablecoin wars to Tether

Inside Jeremy Allaire’s quixotic journey to build the future of money.

Fortune

Is GameStop (GME) a Buy or Sell Before Earnings?

GameStop (GME) missed first-quarter revenue and earnings estimates, and its near-term prospects look bleak. Moreover, the stock has been on a downtrend over the past few months amid the leadership shake-up and discontinuation of its crypto wallet operations. Amid this, let’s find out if GME is a buy or sell…

StockNews.com

Visa to send stablecoin USDC over Solana to help pay merchants in crypto

The payments giant had previously only accepted payments in USDC.

Fortune

The City must not miss out on crypto

City Comment: The initial moves are likely to made in Dubai, Singapore or Abu Dhabi, but there’s a chance for London to grab global leadership

Evening Standard

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Zenger

Oprah, The Rock’s Relief Fund For Maui Wildfire Victims Accepts Bitcoin And Ether

The crypto community is rallying behind the Maui community, with a relief fund now accepting cryptocurrency donations

Fortune

A federal judge dismissed a lawsuit against Uniswap. What does it mean for the SEC’s case against Coinbase?

The same judge is presiding over the lawsuit against the crypto exchange as well as the indictment of Tornado Cash developers.

Fortune

Don't blame Uniswap for crypto scams, judge rules—and she's right

The decision is an important win for the crypto industry—and a credit to the judge who decided it.

StockNews.com

What's the September 2023 Gameplan for GameStop (GME)?

GameStop (GME) has been on a downtrend in the past few months amid its ceasing support for its cryptocurrency wallet. Moreover, considering its bleak fundamentals, will GME be able to pull off a rally anytime soon? Keep reading.

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Fortune

Bitcoin soared after Grayscale’s historic court victory. Those gains have since vanished

On Friday, the top cryptocurrency fell below where it had been trading prior to the ruling.

Fortune

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

Grayscale won a resounding victory in court, but what happens next is anyone's guess.

Fortune

Grayscale CEO Michael Sonnenshein hails spot Bitcoin ETF decision as ‘huge win’ for crypto and investors

A federal court sided with Grayscale on Tuesday in its more-than-year-long lawsuit against the SEC.

Fortune

Robinhood and Jump Crypto no longer in business together amid the latter’s U.S. exit

The SEC alleges that Jump Crypto made more than $1 billion propping up TerraUSD.

Fortune

Crypto keeps picking the worst champions

The Department of Justice filed charges against the creators of a crypto mixing service last week.

Fortune

Future of Finance: BitGo CEO Mike Belshe on the company's recent funding round and why crypto is an alternative to "bad money"

BitGo CEO Mike Belshe had a decade-long career in tech and is now aiming to revolutionize finance with crypto.

Zenger

$3 Billion Crypto Manager Takes A New Stand On Bitcoin After Sudden Decline – And Gives A Trading Tip

Matrixport, a crypto service provider overseeing over $3 billion in assets, is out with its latest call on Bitcoin (CRYPTO: BTC)

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