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The Latest Breaking News from Crypto

Binance pauses Bitcoin withdrawals amid fee spikes, but CZ calls broader fears 'FUD'

The centralized exchange described the episode as a "learning opportunity."

Fortune

The high-profile lawyers on a crusade against crypto

Superlawyers Adam Moskowitz and David Boies have teamed up to crack down on the celebrities that promoted crypto

Fortune

Investors lost billions betting on crypto. Now this lawyer wants Sam Bankman-Fried, Shaq and dozens of other celeb endorsers to pay the price.

Says lawyer Adam Moscowitz, who has partnered with David Boies on an all-out crypto assault: "Celebrities won’t go near crypto ads now, and we’ve had a big role in that.”

Fortune

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Binance restarts withdrawals of Bitcoin after second halt

NEW YORK: Binance restarted withdrawals of Bitcoin after citing congestion on the token’s blockchain for two halts in less than 12 hours, suspensions that weighed on cryptocurrency markets.

The Times of India

Cryptocasinos are evolving worryingly fast – here's how to get to grips with them

New gambling rules are being proposed by the UK government for the first time since the invention of the smartphone. But these “reforms for the digital age” are silent on cryptocasinos, where you can bet online using cryptocurrencies. These platforms have seen remarkable and potentially dangerous developments since the government’s…

The Conversation

Appeals Court Dismisses Lawsuit Accusing Twitter of Sex Trafficking

Plus: Connecticut may exonerate witches, federal regulators are waging a quiet war on crypto, and more...

Reason

Coinbase stock jumps 8% after the crypto exchange reports smaller than expected loss and an increase in subscription revenue

The company’s stock plummeted more than 50% over the past year amid a crypto downturn.

Fortune

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Exclusive-Israel seized Binance crypto accounts to 'thwart' Islamic State, document shows

Israel has seized around 190 crypto accounts at crypto exchange Binance since 2021, including two it said were linked to Islamic State and dozens of others it said were owned by Palestinian firms connected to the Islamist Hamas group, documents released by the country's counter-terror authorities show.

Reuters

Conviction of former OpenSea product manager could broaden federal enforcement of wire fraud charges, legal experts say

Meanwhile, a lawyer for Nate Chastain said, "We are evaluating our options."

Fortune

Billionaire investor Tim Draper predicts Bitcoin bull market, says 'controlling' government is 'killing the golden goose' of Silicon Valley

The crypto enthusiast and Silicon Valley veteran is a supporter of decentralization.

Fortune

So, you're telling me that US crypto mining used more power last year than ALL THE COMPUTERS?!

The upper limit could actually put it on par with the energy consumed by all the lighting in the United States. Eep.

PC Gamer

'Crypto Twitter' needs a new home. Where will everyone go?

Twitter has long been an integral part of the crypto world, but recent developments mean it's time to look at Mastodon, Nostr, or Bluesky.

Fortune

Biden proposes heavy tax on cryptocurrency miners for 'the harms they impose on society'

Better late than never?

PC Gamer

These researchers are terrified of A.I. They're counting on cryptography to keep our future robot overlords in check

The more A.I. becomes enmeshed in our day-to-day, the more we need to know that we’re interacting with the right A.I., say researchers and entrepreneurs.

Fortune

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Fortune

Robert F. Kennedy Jr. joins crypto fray as top politicians square off on industry’s future

Ron DeSantis, Ted Cruz, and a host of other politicians have recently commented on the space.

Barchart

Crypto’s Rebirth Has Question Marks

Cryptocurrencies have experienced an impressive rebound in 2023. This has also led to a rebound in crypto mining stocks. But will this rally continue?

Tom’s Hardware

Biden Budget Proposes 30% Electricity Tax on Cryptomining

The Biden Administration wants to crack down on high energy consumption from cryptomining operations.

Fortune

How crypto can reshape the $130 billion remittance market in Latin America

After years of setbacks, Bitso CEO Daniel Vogel says that crypto remittances have finally broken through.

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The Times of India

Bhutan plans a $500 million fund for crypto mining in the Himalayas

Bhutan’s investment arm and Nasdaq-listed company Bitdeer Technologies Group plan to seek investors for a fund worth up to $500 million that will be used to develop green crypto mining in the Himalayan kingdom.

Bangkok Post

Survey upbeat on crypto acceptance

The demographic changes taking place in several countries are expected to drive greater adoption of cryptocurrency and blockchain technology, mainly among the millennial and Gen Z populations, according to a new study.

Fortune

Charles Schwab’s daughter thinks Americans need to know more about money—and is cautious of crypto

Carrie Schwab-Pomerantz discusses how a lack of financial literacy is tied to many of the social issues currently facing Americans.

Fortune

Coinbase and Binance are opening shop overseas this week—what that means for the crypto industry and you

Two flagship U.S. crypto companies opening exchanges in Bermuda and Singapore is big news—but not necessarily for the reasons you think.

Fortune

Coinbase offshore exchange launches with Bitcoin and Ethereum futures

The launch comes amid a larger regulatory crackdown in the U.S. that has crypto firms looking abroad.

Fortune

Gemini launches offshore derivatives platform as Winklevoss twins tire of U.S. crypto quagmire

“If lawmakers could come together and build a clear framework for crypto companies, it would be a huge boon for the U.S.,” Tyler Winklevoss told Fortune.

Roll Call

House GOP tries panel collaboration on crypto; Democrats leery - Roll Call

House Agriculture and Financial Services Republicans are collaborating in an effort to agree on a legislative framework for cryptocurrencies.

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