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The Latest Breaking News from Crypto

Digital assets platform Bakkt completes acquisition of Apex Crypto

The deal is for $55 million in cash as well as $100 million in stock.

Fortune

Binance, CZ, and NBA star Jimmy Butler and other crypto influencers hit with $1B suit for promoting unregistered securities

The suit alleges Binance traded cryptocurrencies that are unregistered securities, and that influencers promoted them unlawfully.

Fortune

Power Book II: Ghost season 3 episode 3 recap — big problems on campus

Tariq, Effie and Diana's relationship is a big issue in Power Book II: Ghost season 3 episode 3, as is Cane pressuring Brayden.

WhatToWatch

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‘His excellency’ no longer: Grenada sunsets Justin Sun's role as WTO rep in wake of SEC lawsuit

The U.S. government recently sued the crypto celebrity, alleging the illegal sale of unregistered securities and market manipulation.

Fortune

The curious tale of Elizabeth Warren and the short-seller

There is a juicy rumor in Washington, D.C., that Sen. Warren's crypto policy has been informed by a short-seller. But is it true?

Fortune

Binance's $1B recovery fund ended up in a corporate wallet

The cryptocurrency ended up in a wallet where Binance had commingled customer funds.

Fortune

Bitcoin’s stealth rally puts it atop the quarterly scoreboard once again

Bitcoin’s surprising fast exit from its “crypto winter” has once again put the notoriously volatile digital currency atop the leader-board in the first quarter for being the best-performing asset class by a wide margin.

Bangkok Post

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Disgraced crypto entrepreneur Sam Bankman-Fried pleads not guilty to federal fraud and bribery charges

NEW YORK — Disgraced crypto entrepreneur Sam Bankman-Fried pleaded not guilty to a host of new federal charges Thursday.

Tribune News Service

Will the CFTC's suit against Binance help Coinbase?

The Commodity Futures Trading Commission alleges that Binance “has facilitated potentially illegal activities.”

Fortune

Cash App Taxes 2022 review: Simplified free tax experience

Cash App Taxes lets anyone file free federal and state returns — including self-employed. But the service lacks strong guidance.

Tom’s Guide

China is trying to undermine the dollar. Where does crypto fit into this?

Hostile countries are trying to weaken the dominance of the U.S. dollar. Where does crypto fit in this?

Fortune

TaxSlayer Classic 2023 (tax year 2022) review

TaxSlayer Classic covers all tax scenarios, but it’s not a good choice for crypto holders.

Tom’s Guide

North Korean APT43 hackers target organizations to launder crypto using cloud

Researchers have been tracking the group for five years, but only decided to share the information now.

TechRadar

US and Korea seek extradition of crypto fugitive

PODGORICA, Montenegro: The United States and South Korea have sought the extradition from Montenegro of fugitive cryptocurrency entrepreneur Do Kwon, the country's minister of justice said on Wednesday, just days after he was arrested in the Balkan nation.

Bangkok Post

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Fortune

As the crypto industry warns of offshoring, Binance represents the worst-case scenario for U.S. regulators

The new CFTC lawsuit reveals the operational black box of the stateless exchange.

Financial Times

Binance hid extensive links to China for several years

Company documents show crypto exchange relied on country long after it said it had left in 2017

Caixin Global

Crypto Mining Platform Bitdeer Moves Step Closer to Nasdaq SPAC Listing

The deal, already delayed three times, would give the company an implied equity value of around $1.18 billion

Tribune News Service

Sam Bankman-Fried charged in US with bribing Chinese officials

Sam Bankman-Fried was charged with bribing Chinese officials, adding a new dimension to the U.S. government’s case against the FTX co-founder.

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Tom’s Guide

Intuit TurboTax Deluxe 2022 review: Tax returns with the best guidance

Intuit TurboTax Deluxe 2022’s hallmarks remain its extensive tax expert assistance and strong support for importing investments and cryptocurrency, but it comes at a higher price than ever before.

Irish Mirror

Crypto holders urged to 'try not to panic' as inflation may cause crash

Turbulence in the crypto market can lead a lot of people to panic and sell their coins

Fortune

Inside Binance: Vast profits, hefty influencer payouts, and a ticking time bomb on its balance sheet

Binance's big investments in its own BNB coin and in kickbacks to social media influencers could expose it to bigger risks.

PC Gamer

'NFT For Britain' idea proves too stupid even for UK government

Rishi Sunak ordered the creation of a state-backed NFT last April, not long before a colossal crypto crash.

Fortune

The U.S. drops the hammer on Binance: What it means and what we still don't know

The CFTC's lawsuit against Binance is a major escalation by the U.S. government against the company and the broader crypto industry.

The Guardian - UK

UK government drops plans for NFT made by Royal Mint

Labour criticises Rishi Sunak ‘vanity project’ announced weeks before collapse in value of cryptocurrencies

Tom’s Guide

ChatGPT is more useful to society than cryptocurrency, says Nvidia

Nvidia's chief technology officer has distanced the company from cryptocurrency and says it's embracing AI instead.

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