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The Latest Breaking News from Crypto

Abandoned $4.2m mansion of ‘crypto millionaire’ discovered

The sprawling property is complete with a wooden spiral staircase, an indoor hot tub, and a room for mining Bitcoin

The Independent UK

Bitcoin ETF ruling expected this week—and with it a major jolt to crypto markets

The appeals court’s decision on Grayscale v. SEC is expected to arrive this week—with profound consequences for the crypto industry.

Fortune

Inside Sam Bankman-Fried’s day-to-day at an ‘inhumane’ NYC detention center

A judge sent the disgraced crypto founder to the federal facility on Friday after ruling that he violated his bail conditions.

Fortune

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Donald Trump may be sitting on half-a-million dollars in Ether that came from selling his widely mocked NFTs

The former president has previously called crypto “a very dangerous thing.”

Fortune

How a crypto startup raised $81 million with no product, no customers, and just a pitch deck

Hardware companies often require large amounts of capital before they can even show off a prototype, infrastructure investors said.

Fortune

The future of crypto hinges on a fight between the SEC and a former burger flipper

A looming courtroom battle between the largest cryptocurrency exchange and the world's most powerful regulator promises to shape the future of crypto.

WEKU

What progressives get wrong when it comes to crypto

Instead of the few pursuing change for the many, decentralization allows everyone to effect change together.

Fortune

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FTX founder Sam Bankman-Fried ordered to jail after being accused of witness-tampering

Failed cryptocurrency wonderkid likely to be jailed until October fraud trial

The Independent UK

Former FTX CEO Sam Bankman-Fried ordered to jail after judge revokes his bail

A federal judge has decided the disgraced former CEO of the cryptocurency exchange should be sent to jail as he awaits trial on fraud charges.

WEKU

Bittrex agrees to $24 million settlement after SEC sued crypto exchange alleging it ‘repeatedly chose profits over investor protection’

This is the second $20-million-plus settlement the federal government has reached with a crypto exchange this year.

Fortune

Worldcoin scans eyeballs and offers crypto. What to know about the project from OpenAI's CEO

Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world

The Independent UK

FTX Bankruptcy Battle Turns Ugly As Management And Creditors Clash

FTX (CRYPTO: FTT) management is taking issue with traders and market makers on a principal creditor committee.

Zenger

Ripple v. SEC: Why the crypto industry may have celebrated too early

Some favorable aspects of the decision for Ripple seem ripe for a reversal on appeal. That could strengthen the SEC’s hand going forward.

Fortune

How fast are Binance revenues falling? New trading data offers critical clues about the health of the crypto empire and its $37 billion coin

The double hit from legal crackdowns targeting Binance and steep drop in overall trading of digital currencies has hammered the exchange’s volumes.

Fortune

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Fortune

SEC will seek to appeal the landmark Ripple decision on whether XRP is a security

The agency is pushing back on a judge's ruling that programmatic sales of XRP did not represent a securities sale.

Kiplinger

PayPal Launches U.S. Dollar-Denominated Stablecoin

Customers who buy the digital currency can transfer it between PayPal and compatible external wallets.

Fortune

Bitcoin briefly rockets past $30,000 as world’s largest cryptocurrency plateaus near year-highs

The token has traded near the $30,000 mark for more than a month.

Fortune

The surprising reason behind the recent influx of Ether futures ETF applications

Inside the recent "sea change" from the SEC, which could lead to a new type of crypto asset.

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news in one place.

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USA Today Sports Media Group

Austin Reaves says LeBron James deserves a Lakers statue

Lakers guard Austin Reaves thinks LeBron James has already accomplished enough in L.A. to get a statue outside of Crypto.com Arena.

Fortune

Cyber startup SphereX raises $8M to help crypto users block suspicious transfers

The firm’s first product will let developers block suspicious transactions on the blockchain.

Fortune

Coinbase wants its junk back: Top U.S. crypto exchange may buy back up to $150 million of its bonds

The value of the firm’s stock has almost tripled since the beginning of the year.

Fortune

Binance becomes fully licensed in El Salvador, where 'Philosopher King' Bukele pushed to make Bitcoin legal tender in 2021

Binance and El Salvador are each fighting their own crypto-related battles.

Fortune

PayPal's push into stablecoins could pay off big time

Crypto purists may hate PayPal's stablecoin, but the company's shareholders will come to love it.

Fortune

Crypto heavyweights back new cybersecurity standards after nearly $4 billion was lost to hacks in 2022

Led by CAT Labs, the initiative would create an industry norm, with support from Fireblocks, Amphibian Capital, and Lockton.

Evening Standard

PayPal launches its own cryptocurrency

PYUSD is a stablecoin backed by the US dollar

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