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The Latest Breaking News from Crypto

Crypto Used To Launder Nearly Half Of Financial Scam Proceeds In Australia: Report

Cryptocurrency platforms in Australia are reportedly being used to launder nearly half of the proceeds from financial scams

Zenger

Bitcoin, Ethereum, Dogecoin Meltdown Amid $1B Liquidations In A Single Day

Major cryptocurrencies have experienced a significant decline in value over the past 24 hours

Zenger

Bitcoin drops below $26,000 for first time in two months

Bitcoin fell below $26,000 for the first time in two months as risk aversion weighs on the cryptocurrency market with global government bond yields climbing to the highest in about 15 years.

The Times of India

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Judge grants SEC leave to appeal Ripple litigation after landmark ruling many saw as huge win for crypto and XRP

The federal agency said it would appeal the decision a little more than one week ago.

Fortune

Are investors bored of Bitcoin? Its 90-day volatility is now the lowest since 2016

Bitcoin's low volatility is leading more short-term investors to prioritize traditional markets.

Fortune

FTX and Genesis avoid 'costly and uncertain litigation' by reaching $175 million settlement

The two giants had hundreds of millions of dollars worth of claims against each other.

Fortune

Why are there so few great startup founders in their 20s? Some blame crypto

One writers suggests there are fewer founders because promising entrepreneurs went into crypto and found a dead end.

Fortune

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Grayscale is on the cusp of winning Bitcoin’s biggest prize—but Wall Street’s big dogs could snatch it away

Grayscale's CEO has been planning a Bitcoin ETF for years—but now legal troubles and new interest from blue chip companies mean a competitor could sew up the market.

Fortune

Coinbase approved to sell crypto futures in the U.S.

The company will be the first crypto-native company to offer regulated futures alongside spot crypto offerings, according to a blog post.

Fortune

Bitcoin, Ethereum, Dogecoin Drop Despite Launch Of Europe’s First BTC ETF: Analyst Sounds Alarm On Potential Correction For King Crypto In Coming Months

Major cryptocurrencies experienced a significant decline following an intense mid-afternoon selloff

Zenger

The new Coinbase blockchain is rife with scam tokens. Who should be responsible?

Fraud is part of any decentralized system, but should regulators step in?

Fortune

PayPal’s outgoing CEO is bullish on crypto. What will be the company’s approach under Alex Chriss, owner of 2 Crypto Hippos NFTs?

The payments giant’s long-reigning CEO, Dan Schulman, will retire at the end of 2023.

Fortune

Abandoned $4.2m mansion of ‘crypto millionaire’ discovered

The sprawling property is complete with a wooden spiral staircase, an indoor hot tub, and a room for mining Bitcoin

The Independent UK

Bitcoin ETF ruling expected this week—and with it a major jolt to crypto markets

The appeals court’s decision on Grayscale v. SEC is expected to arrive this week—with profound consequences for the crypto industry.

Fortune

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Fortune

Inside Sam Bankman-Fried’s day-to-day at an ‘inhumane’ NYC detention center

A judge sent the disgraced crypto founder to the federal facility on Friday after ruling that he violated his bail conditions.

Fortune

Donald Trump may be sitting on half-a-million dollars in Ether that came from selling his widely mocked NFTs

The former president has previously called crypto “a very dangerous thing.”

Fortune

How a crypto startup raised $81 million with no product, no customers, and just a pitch deck

Hardware companies often require large amounts of capital before they can even show off a prototype, infrastructure investors said.

WEKU

The future of crypto hinges on a fight between the SEC and a former burger flipper

A looming courtroom battle between the largest cryptocurrency exchange and the world's most powerful regulator promises to shape the future of crypto.

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Fortune

What progressives get wrong when it comes to crypto

Instead of the few pursuing change for the many, decentralization allows everyone to effect change together.

The Independent UK

FTX founder Sam Bankman-Fried ordered to jail after being accused of witness-tampering

Failed cryptocurrency wonderkid likely to be jailed until October fraud trial

WEKU

Former FTX CEO Sam Bankman-Fried ordered to jail after judge revokes his bail

A federal judge has decided the disgraced former CEO of the cryptocurency exchange should be sent to jail as he awaits trial on fraud charges.

Fortune

Bittrex agrees to $24 million settlement after SEC sued crypto exchange alleging it ‘repeatedly chose profits over investor protection’

This is the second $20-million-plus settlement the federal government has reached with a crypto exchange this year.

The Independent UK

Worldcoin scans eyeballs and offers crypto. What to know about the project from OpenAI's CEO

Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world

Zenger

FTX Bankruptcy Battle Turns Ugly As Management And Creditors Clash

FTX (CRYPTO: FTT) management is taking issue with traders and market makers on a principal creditor committee.

Fortune

Ripple v. SEC: Why the crypto industry may have celebrated too early

Some favorable aspects of the decision for Ripple seem ripe for a reversal on appeal. That could strengthen the SEC’s hand going forward.

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