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The Latest Breaking News from Crypto

The Bank of England’s proposed digital pound: what does it mean?

The Bank of England has begun a consultation on the introduction of its own digital pound as it seeks to gain a foothold in the unwieldy world of cryptocurrencies and stablecoins.

Evening Standard

Genesis, DCG reach initial deal with main creditors

The creditors who came to terms with the lending arm of Genesis and DCG are owed approximately $2.4 billion out of the total $3.4 billion the company reportedly owes.

Fortune

Bangkok lauded as global hub for cryptocurrencies

Bangkok has emerged as the world's 10th largest crypto hub, according to new research from cryptocurrency tax software company Recap.

Bangkok Post

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Crypto ads will vanish from the Super Bowl as the fall of FTX weighs on the industry’s reputation

Last year’s Super Bowl featured commercials from four crypto companies.

Fortune

Blockchain analyst firm Elementus is now worth $160M

The funding announcement reflects continuing investor interest in blockchain infrastructure and data analytics companies, even amid a Crypto Winter.

Fortune

Binance suspends bank transfers of U.S. dollars

The world’s biggest crypto exchange says only 0.01% of customers will be affected.

Fortune

In-game ads for Super Bowl LVII sold out

Some ads went for more than $7 million (€6.5 million) for a 30-second spot

Irish Mirror

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Fox sells out Super Bowl ads this year

Anheuser-Busch remains the biggest advertiser with three minutes of national airtime. And after making a splash last year, cryptocurrency companies won’t have a presence Sunday.

Chicago Sun-Times

Fox sells out Super Bowl ads: crypto out, alcohol in

The hottest ticket in town for advertisers is officially sold out

The Independent UK

Move over crypto, booze ads are flooding the Super Bowl

Move over crypto. Booze is back.

Tribune News Service

Crypto, A.I., and the future of trading

In the future, financial firms are likely to deploy a combination of A.I. and crypto in ways that are hard to anticipate.

Fortune

Washington turns hostile on crypto

The White House is closing a door the industry fought hard to open.

Axios

Review: Hip-hop and Beyoncé almost saved the show until Grammys botched the ending

LOS ANGELES — Fifty years of hip-hop, a record-breaking run by Beyoncé and a massive snub stopped the 65th Grammy Awards ceremony from turning music’s biggest night into its sleepiest during Sunday’s show at L.A.’s Crypto.com Arena. .

Los Angeles Times

Grammys 2023: Kim Petras thanks trans musicians for historic win with Sam Smith

The duo took to the stage together at the Crypto.com Arena in Los Angeles.

Evening Standard

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Daily Mirror

Beyoncé makes history and BEATS Adele while Harry Styles wins big - Full list of winners

Adele, Beyoncé, Lizzo and Harry Styles were among the big winners at this year's Grammy Awards at the Crypto.com Arena in Los Angeles

Daily Mirror

Crypto traders with 'hundreds of thousands' on line seek rehab help for addiction

People caught up in the frenzy of impulsive crypto trading face symptoms similar to other types of addictions and may turn to rehabilitation clinics for support

The Guardian - AU

From ‘hi mum’ to crypto fraud: five of the latest scams to watch out for

Australians are losing millions of dollars a week to increasingly common swindles. How can you avoid them?

Fortune

Crypto sleuth Coffeezilla tricks MMA fighter into promoting scam NFT project

How Dillon Danis got duped for just $1,000.

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Fortune

Logan Paul sued for alleged CryptoZoo ‘rug pull’

A lawsuit claims that Paul and others never delivered what they had promised and manipulated the market for the project’s cryptocurrency.

Fortune

Why ENS and Web3 domain services are a bright spot in crypto winter

Web3 domain services like ENS and Unstoppable are quietly paving the way for a much-improved user experience.

Fortune

DOJ questions Silvergate for dealings with FTX, Alameda

The fraud probe follows the crypto-focused bank’s announcement two weeks ago of a net loss of $1 billion in the fourth quarter of 2022.

AAP

Government moves to tighten rules for crypto

Crypto-curious Aussies will have stronger safeguards after the federal government announced measures it says will protect consumers.

The Independent UK

Digital pound has ‘risks but no obvious benefits’, says ex-Bank of England chief

Lord King of Lothbury stresses the need to be selective and ‘not driven by a misplaced enthusiasm for all things crypto’.

Fortune

Warren Buffett's right-hand man Charlie Munger, who once called crypto 'rat poison,' says we should follow China’s lead and ban cryptocurrencies altogether

“A cryptocurrency is not a currency, not a commodity, and not a security,” Munger said Wednesday in a WSJ op-ed. “It’s a gambling contract."

Fortune

Altcoins Polygon, Avalanche, and Aptos surge as stock market rallies on Fed news

The cryptocurrencies were all up double digits on Thursday.

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