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The Latest Breaking News from Crypto

Plan for 30% tax on Bitcoin mining appears dead under debt ceiling deal

The White House's plan to tax crypto mining 30% under a law called the DAME Act appears to have been scrapped in a budget compromise with Republicans.

Fortune

The growth of Web3 depends on crypto wallets—and how we choose to use them

We're a long way from the wallet becoming the next browser. But there's more than one way to get there.

Fortune

People warned to stay safe if visiting farms following rise in gastro-infection cases

Anyone planning a trip to a farm needs to remember the importance of thoroughly and frequently washing hands to avoid getting bugs, such as Salmonella, Cryptosporidium (Crypto) and E.coli,

Nottingham Post

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‘It’s a massive ask’: is Binance capable of being regulated?

Crypto exchange says it will do everything possible to change UK watchdog’s mind but opacity remains an issue for US as well

The Guardian - UK

Sam Altman’s Worldcoin Secures $115M In VC, Hopes To Grow From 2M Users To Billions

Sam Altman’s crypto initiative seeks to regain the popularity of the digital currency space after the fall of FTX.

Zenger

Should You Buy Riot Platforms (RIOT) This Week?

Riot Platforms (RIOT) is closely tied to the crypto market, with the movement of Bitcoin as one of the main drivers impacting its stock price. While RIOT had a great run this year, it seems primed for bouts of volatility amid the regulatory crackdowns. Let’s look at some of RIOT’s…

StockNews.com

4 Tech Stocks to Avoid This Week

Amid widespread macroeconomic headwinds, the tech industry is expected to witness a slowdown. Given this backdrop, fundamentally weak tech stocks Affirm Holdings (AFRM), Riot Platforms (RIOT), HIVE Blockchain Technologies (HIVE), and Bakkt Holdings (BKKT) could be best avoided this week. Read on….

StockNews.com

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Bluesky so far: A promising Twitter alternative with a lot of work to do

I've been using Bluesky for two weeks and like what I've found so far.

Fortune

Winklevoss twins announce Dublin as HQ for their crypto currency platform Gemini

The platform allows customers to buy, sell and hold crypto assets such as Bitcoin

Dublin Live

Shaquille O'Neal tracked down and served by cryptocurrency lawsuit during NBA playoff game

NBA legend Shaquille O'Neal was served legal documents during a broadcast of the Miami Heat's NBA Eastern Conference playoff final game for a complaint on collapsed cryptocurrency exchange FTX

Daily Mirror

Celsius turns to Fahrenheit to oversee bankruptcy exit

Fahrenheit won the bid after venture capital firm NovaWulf initially was named the winner of the auction in mid-April.

Fortune

Ron DeSantis goes crypto, says the Biden administration will kill Bitcoin

The governor's Bitcoin comments mark a watershed for crypto in presidential campaigns.

Fortune

OpenAI's Sam Altman raises $115 million for Worldcoin, the eyeball-scanning crypto project to combat AI bots

Backers for Worldcoin developer Tools for Humanity include Blockchain Capital, a16z crypto, and Bain Capital Crypto

Fortune

What is looping, the high-risk strategy producing 60% yields for crypto traders?

As a market turns from a bear into a bull, traders gravitate towards riskier strategies, say DeFi developers.

Fortune

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Fortune

The U.S. crypto industry hangs in the balance: It’s time for Washington to wake up

The EU is fast becoming the go-to place for crypto developers. The U.S. needs to respond.

Tribune News Service

Kyrie Irving joining LeBron James? Maybe not, but Mavericks still have problems to solve.

DALLAS — If Kyrie Irving showing up courtside to watch the Nuggets sweep the Lakers means he’ll wear purple-and-gold next season, then, by that logic, we must assume Vin Diesel will make another “Fast and Furious” sequel with Adam Sandler, Jason Bateman, Jason Sudeikis, Edward Norton and Andy Garcia, and…

Fortune

Scammers net 6 figures on Bitcoin Pizza Day

Several sketchy pizza-themed coins have emerged in the past couple of days, including BPizza and EthPizza.

Fortune

Why Gary Gensler can find a sympathetic crowd among Bitcoiners

Why Coinbase’s lawsuit against the SEC is more than what it seems.

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Kiplinger

Is Investing in Bitcoin and Other Cryptocurrencies Really Just Gambling?

Politicians in the UK are arguing investing in cryptocurrency is really gambling. A Kiplinger editor weighs in.

The Guardian - UK

Global watchdog calls for UK to regulate crypto in same way as stocks and bonds

Iosco recommendation runs counter to MPs’ stance that cryptocurrency trading should be treated as form of gambling

The Conversation

Crypto trading: politicians who say it should be treated like gambling are completely wrong

Cryptocurrency trading should be regulated in the same way as gambling, according to the UK parliamentary select committee in charge of scrutinising finance. The committee published a report arguing that this was necessary because digital assets such as bitcoin have “no intrinsic value, huge price volatility and no discernible social…

Fortune

Did Apple just change its crypto policy? Don’t believe the hype

An NFT app hailed a big change in Apple’s crypto policy, but the story is not what it appears to be.

Fortune

Biden takes swipe at ‘wealthy tax cheats and crypto traders’ on final day of G7 summit

The U.S. president spoke in reference to ongoing debt-ceiling negotiations between Republicans and Democrats.

Fortune

Veteran crypto traders raising 1,000 Bitcoin for BTC-denominated fund

BXB Capital gained prominence with the Kimchi premium and the first Korean won-backed stablecoin.

Edinburgh Live

Scottish grandad loses £10,000 in cryptocurrency scam after his friend recommended it

Tom Roberts, 66, was left gutted after he lost £10,000 of his retirement funds through a 'cryptocurrency scam', and is now speaking out to warn others against fraudulent behaviour.

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