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The Latest Breaking News from Crypto

Rich crypto traders to face IRS scrutiny after judge rules against Kraken

The tax agency’s investigation into crypto traders comes amid a larger crypto crackdown from the federal government.

Fortune

This sneaky new malware is targeting macOS devices without them noticing - here's what you need to know

An update to a known malware makes it harder to detect, and researchers are linking it to North Korea.

TechRadar

40 CS:GO traders have been banned by Valve in latest crackdown

Valve has banned around 40 CS:GO traders in an effort to crack down on an emergent cryptocurrency scheme.

TechRadar

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The dramatic resurgence of Bitcoin is the biggest surprise of the year

Business & investing: There's a mixed scorecard for the markets at the halfway point of the year, but the world’s most popular cryptocurrency is powering higher thanks to renewed interest by some of the world’s largest investment funds. Andrew Patterson reports.

Newsroom.co.nz

Institutional Investors Embrace Bitcoin As FOMO Takes Hold

BlackRock, Deutsche Bank, Santander, and others reverse cautious stance, signaling a shift in the financial landscape.

Zenger

CS:GO ban wave results in over $2 million worth of skins and other items being lost

A skin gambling site has taken this as proof of victory over its rival, who it accused of crypto money laundering.

PC Gamer

‘There’s groups of fans that want to fight you’: Crawley Town’s Crypto owner Preston Johnson opens up on his ‘mistakes’

Communication between Crawley fans and owners have certainly soured, something Johnson acknowledges while chatting to FourFourTwo

FourFourTwo

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Over 63% Of Institutional Players Optimistic About Cryptocurrency Sector, Binance Survey Finds

88% of participants anticipate a bright future for cryptocurrencies, with increased adoption and regulatory transparency as key factors.

Zenger

Ethereum- Why is the Second-Leading Crypto Underperforming Bitcoin?

Bitcoin and Ethereum are the leading cryptocurrencies, with over 69% of the asset classes’ market cap. Since mid-June, Bitcoin has taken off on the upside, reaching a new high for 2023. However, Ethereum has lagged behind the top cryptocurrency.

Barchart

Fidelity’s Bitcoin ETF Rejection Sparks Chicago Exchange’s Proposal

CBOE seeks to list Wise Origin Bitcoin Trust shares as demand for crypto exposure grows.

Zenger

Why an Ethereum founder says crypto is on the cusp of a 'broadband moment'

Joe Lubin announces a new look for ConsenSys and explains why crypto is poised for a big leap forward, thanks in part to the rapid evolution of wallets.

Fortune

Bengaluru businessman pledges gold, begs from friends, and borrows from bank to trade in crypto, but ends up losing ₹52 lakh to Bitcoin fraud

A Bengaluru businessman lost ₹52 lakh to a Bitcoin fraud after taking a part-time job by paying ₹50. Read the full fraud news on The Hindu.

The Hindu

Grammy Awards announce dates for 2024 ceremony and nominations reveal

LOS ANGELES — The 66th Grammy Awards will take place Feb. 4 in a ceremony at Crypto.com Arena in downtown Los Angeles, organizers said Thursday. Nominations for music's most prestigious awards show will be revealed Nov. 10.

Los Angeles Times

SEC Chair Gensler must recuse himself from crypto enforcement decisions

Legal counsel for the trade group Blockchain Association says Gensler's overt bias and hostility require him to recuse himself from crypto enforcement decisions.

Fortune

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Fortune

Inside Israel’s historic seizure of Hezbollah and Quds-linked crypto accounts

How Israel’s counterterrorism unit worked with Binance and Chainalysis to seize $1.7 million of crypto financing.

Fortune

Bitcoin regains $30,000 despite Biden saying he wants to close the tax loophole

Biden previously tweeted that the loophole was costing the government $18 billion in lost tax revenue.

Evening Standard

Tarring all crypto with the same brush is just nonsense

City Voices: MPs say Cryptocurrencies are “gambling”? Of course they are — that’s what investing is

Fortune

Crypto VC fund Paradigm insists it's not pivoting to A.I., but some investors and founders are frustrated

The firm recently removed the words “crypto” and “Web3” from its website homepage, sparking some backlash.

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Fortune

FTT jumps as much as 33% on news of potential FTX 'reboot'

The cryptocurrency has hovered at about $1 since FTX declared bankruptcy.

Fortune

Mastercard plans beta for a blockchain ‘app store’ for ‘regulated’ financial apps

Despite the regulatory uncertainty surrounding crypto, “the technology itself is quite promising,” Raj Dhamodharan, Mastercard’s head of crypto and blockchain, told Fortune.

Fortune

Crypto VC firm Paradigm plays down A.I. ambitions, but some investors and founders are frustrated

The crypto-focused VC firm recently erased all mention of crypto or Web3 from its website homepage. It’s sparked some backlash.

Zenger

FTX Halts Sale Of AI Startup Anthropic Despite Whopping 9-Figure Price Tag: Report

FTX (CRYPTO: FTT) has suddenly put a stop to the sale of a coveted asset, which was previously believed to be on the auction block after the crypto exchange declared bankruptcy in November

Fortune

Coinbase shares are up 35% since the SEC sued the crypto exchange for allegedly selling unregistered securities

The stock’s rebound has mirrored Bitcoin’s recent gains.

Fortune

Bitcoin recedes as illicit actors look to Tron, Ethereum, and Binance Smart Chain in the evolving blockchain wars against law enforcement

A report from TRM Labs details the shifting nature of illegal crypto activity.

Zenger

Israel Seizes Crypto Wallets Connected To Iran’s Quds Force, Lebanon-based Hezbollah

Millions of dollars worth of digital currency earmarked for terrorism confiscated in unprecedented effort.

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