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The Latest Breaking News from Crypto

A former FTX insider joins the class action lawsuit against celebs like Tom Brady and Shaq who touted crypto

Dan Friedberg, former compliance chief at FTX, will cooperate with lawyers bringing a class action suit against celebrity promoters.

Fortune

Public companies obey strict disclosure rules—it’s time for crypto projects to do the same

If the crypto industry wants to be taken seriously, it must get more transparent argues a tech industry veteran.

Fortune

Former FTX compliance chief turns whistleblower in crypto suit against Tom Brady, Shaq and celebrity promoters

“He called us and said he wanted to help the victims,” says lawyer Adam Moskowitz. The plan is for the “class” to drop all claims against Dan Friedberg in exchange for his cooperation.

Fortune

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Cryptominers hope they can find a second life by turning their mining operations into AI farms

Unfortunately, only a fraction of GPUs used for mining are up to the task.

PC Gamer

Coinbase’s chief legal officer humbles himself before Pepe coin horde after newsletter provides incomplete history of meme

Not even one of the world’s largest crypto exchanges can escape the wrath of the frog.

Fortune

AWS and Microsoft Azure dominate cloud computing. But could Google Cloud beat them in Web3?

"They see an opportunity, and there's people who need cloud services, and so they formed a verticalized team," says Andrew Boone, a research analyst at JMP Securities.

Fortune

Bitcoin – Stuck In Neutral

Bitcoin is a highly controversial asset. Supporters believe cryptocurrency will replace fiat currencies as Bitcoin and the many other cryptos values reflect buying and selling interest without government intervention. Opponents say cryptos allow many nefarious market participants to operate. Speculators have flocked to cryptocurrency markets because of the extreme volatility…

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Cryptominers Repurpose GPU Farms Amid AI Hardware Shortage

Some GPU cryptomining outfits, having survived a bleak winter of discontent, have started to grasp AI acceleration opportunities.

Tom’s Hardware

New York crypto bill exposes rifts among key regulators

The financial capital of the world is debating the future of digital asset oversight.

Fortune

Robinhood’s crypto revenue nearly matches last quarter’s, with plan to buy back $500 million in stock from Sam Bankman-Fried ‘ongoing’

Year-over-year crypto revenue fell 30%, but a 1% decline from the fourth quarter could be a good omen.

Fortune

New Collaborations Between TradFi & DeFi Could Take Crypto Wallets to Another Level

3 global investment firms are using blockchain technology to enhance growth.

Barchart

Binance bosses mount charm offensive to restore relations with FCA

Despite the FCA’s crypto crackdown, Binance bosses signalled their support for its hardline approach

Evening Standard

Brazil’s unlikely bid to become a global crypto hub

New legislation and regulatory collaboration are transforming the South American powerhouse.

Fortune

Keith Grossman brought NFTs to 99-year-old Time magazine—why he’s now all in on Web3

A veteran media executive on his unusual career change and what NFTs can unlock for the industry.

Fortune

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Fortune

Former Coinbase employee who tried to flee the U.S. sentenced to two years in prison for his role in the first cryptocurrency insider trading case

The former employee, Ishan Wahi, tried to leave the U.S. for India after Coinbase asked him for a meeting.

Fortune

Deloitte, Goldman Sachs, Microsoft among institutional players partnering on new blockchain network

Despite Crypto Winter, legacy firms are still investing in potential blockchain breakthroughs.

StockNews.com

3 Blockchain Stocks to Keep off Your Radar Amid Crypto Turmoil

The prospects of blockchain companies are closely related to the cryptocurrency market. Given the high risk and uncertainty surrounding the crypto space, it could be wise to avoid fundamentally weak blockchain stocks Block (SQ), Riot Platforms (RIOT), and HIVE Blockchain (HIVE). Read more….

Fortune

Stop shilling Pepe coin for the love of god

The latest meme coin craze reflects poorly on its creators and on the crypto industry.

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Evening Standard

How to trade cryptocurrency

If you want to trade cryptocurrency, all you need is a connection to the internet, a computer or smartphone and a sum of money to invest that you’re very comfortable losing. Here’s more on trading cryptocurrency.

Fortune

The Solana Saga is here. Should you spend $1,000 on the newest crypto smartphone?

While it’s a powerful Android device, the phone’s Web3 features have their fair share of bugs.

Fortune

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.”

The Times of India

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 Conversation

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…

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