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The Latest Breaking News from Crypto

Former FTX head of engineering Nishad Singh pleads guilty in billion-dollar fraud case

NEW YORK — The former head of engineering at Sam Bankman-Fried’s bankrupt cryptocurrency trading firm FTX owned up to fraud charges on Tuesday, federal prosecutors said.

Tribune News Service

Nishad Singh, former FTX head of engineering, pleads guilty in billion-dollar fraud case

The former head of engineering at Sam Bankman-Fried’s bankrupt cryptocurrency firm owned up to fraud charges on Tuesday, federal prosecutors said.

Tribune News Service

Portal Labs raises $5.3 million seed round

Raj Parakh is now cofounder and CEO of Portal Labs.

Fortune

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How decentralized is crypto really? Less than you think based on Jump's 'reverse hack'

Jump Capital's success in stealing back funds from a hacker raise questions about whether crypto can really be decentralized.

Fortune

Robinhood received SEC subpoena shortly after FTX collapsed

The subpoena is another potential threat to Robinhood's struggling crypto business.

Fortune

Man arrested in alleged $5m bushfire extortion attempt

Police have arrested a man in Victoria's northeast after he allegedly threatened to light a bushfire unless $5 million was paid in crypto currency.

The New Daily

Solana token rebounds after multihour network outage

The source of the outage is still unknown.

Fortune

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Don’t look now but Coinbase is cool again

After a long stretch of poor earnings and strategic blunders, Coinbase may be getting its mojo back.

Fortune

The magic of growing your own mushrooms

Brief letters: Focus on fungi | Not Robinson Crusoe but The Coral Island | Sleep | Lettuce play with words | Crypto fools and their money

The Guardian - UK

Disgraced FTX founder Sam Bankman-Fried has another big problem: He won't shut up

Most white-collar defendants lay low, but the ex-CEO of the collapsed cryptocurrency exchange FTX has been talking, tweeting, and sending email newsletters. Those comments could come back to hurt him.

WEKU

The most famous basketball sponsorship in history

As one of the most popular sports in the world, basketball attracts sponsors from all business verticals. If you check the list with fast payout casinos , you will probably notice some very familiar brands. How come? Well, some of them invested ...

USA Today Sports Media Group

Crypto is intended to be hard to regulate, but at least the Treasury wants to have a go

The government’s consultation document on cryptocurrency highlights the challenges that must be faced in the regulatory process

The Guardian - UK

Clippers score team-record 175 points but still lose in double-OT thriller to Kings

LOS ANGELES — White AirPods in his ears, his gaze locked onto the Sacramento highlights playing on a locker-room television, Russell Westbrook bobbed his head Friday night at a locker a few feet down the Crypto.com Arena hallway from his old one.

Los Angeles Times

Bill Plaschke: The new-energy Lakers suddenly look like a playoff team

LOS ANGELES — It was hailing outside Crypto.com Arena on Thursday, nasty pellets pouring from the sky, pounding the pavement in tiny countless explosions.

Los Angeles Times

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Los Angeles Times

Sparks re-sign star forward Nneka Ogwumike

LOS ANGELES — As she left Crypto.com Arena last year after the Sparks' last game, Nneka Ogwumike left local reporters with cheerful parting words.

Fortune

What really happened to the ‘Cryptoqueen’?

The promoter of OneCoin, a scheme that preyed on unsuspecting crypto enthusiasts, has been on the run since 2017.

The Conversation

How a digital pound could work alongside cryptocurrencies

Like many other countries, the UK has developed a plan for a central bank digital currency (CBDC). A digital pound would essentially act like an online form of cash suitable for everyday payments. It would not earn any interest like a standard savings account (or even some current accounts), but…

Fortune

The crypto kids are onto something–and they shouldn’t listen to billionaire bankers like Jamie Dimon

Crypto's most vocal critics also happen to be the biggest winners of the legacy financial system.

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The Independent UK

Town official set up secret cryptocurrency mining operation in crawl space at local school, police say

Nadeam Nahas accued of connecting bank of computers to the electrical system at Cohasset Middle High School

Fortune

Three Arrows Capital liquidator will sell off the firm’s NFTs to make up for the $3.5 billion it owes creditors

The NFTs could include a Bored Ape as well as several Mutant Apes and CryptoPunks, according to a research analyst.

Fortune

Crypto Twitter went wild speculating about Coinbase’s blue dot. Here’s what it meant

The announcement from the world’s second-largest cryptocurrency exchange is another attempt to diversify its products amid a bear market.

The Guardian - UK

Phoenix Community Capital case shines light on UK’s lobbying problem

Interest groups have poured about £250,000 into all-party parliamentary groups in past five years

The Guardian - UK

Crypto firm with links to parliamentary groups appears to have vanished

Apparent disappearance of Phoenix Community Capital leaves some investors fearing they have lost large sums of money

Fortune

Announcing the FORTUNE CRYPTO 40. Which companies will make the cut?

The inaugural FORTUNE CRYPTO 40 list will recognize leading companies in traditional finance, DeFi, and NFTs.

StockNews.com

Is This Cathie Wood Stock a Buy, Sell or Hold in 2023?

Shares of cryptocurrency exchange platform operator Coinbase (COIN) witnessed a steep decline last year due to the crypto market collapse. The stock is expected to plunge further this year since cryptocurrencies are expected to remain under pressure amid rising interest rates, regulatory concerns, and recession fears. However, Cathie Wood’s ARK…

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