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The Latest Breaking News from Crypto

Crypto-pimps make ‘millions’ on new type of sex work which people have to train for

An undercover investigation revealed training grounds for sex workers where they were taught how to set up a cryptowallet, how to trade the currency and also the difference between good coins and 'the s**t ones'

Daily Mirror

Tory peer faces questions over links to cryptocurrency lobbying firm

James Wharton is helping to forge Westminster connections for the cryptocurrency sector

The Guardian - UK

The SEC’s campaign to define ‘exchange’ should concern every American—even those without ties to crypto

The agency's attempt to stretch the ordinary meaning of the word is yet another unjustified bid to expand its authority.

Fortune

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read the most diverse news in one place.

BlackRock Files For Bitcoin ETF, Prompting Skepticism From Gold Bug Peter Schiff

Schiff suggests BlackRock may have ulterior motive, profiting from news-induced upside after buying dip in Bitcoin.

Zenger

Former JPMorgan Banker Encourages Startups To Enter Nascent Crypto Market

Blockchain industry ripe for innovation, long-term investment, and AI integration, says NodeReal co-founder Ben Zhang.

Zenger

Under court deal, Binance can continue U.S. operations as it battles SEC fraud charges

The U.S. Securities and Exchange Commission and Binance have reached a court agreement that lets the world’s largest cryptocurrency exchange continue to operate in the United States as it battles SEC fraud charges

The Independent UK

The CEO of Europe’s largest bank on innovation, new tech, and HSBC’s approach to crypto

Noel Quinn believes HSBC is well positioned to navigate new technology in an increasingly complex global landscape.

Fortune

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Crypto hit by falling prices, regulatory actions and contagion concerns

Crypto diehards can’t seem to catch a break, with the rapidly shrinking digital-asset world being pummeled for another week by eroding token prices, fresh regulatory actions and a case of contagion deja vu.

Tribune News Service

Binance to quit the Netherlands and faces investigation in France

Crypto exchange confirms failure to obtain Dutch licence and French inquiry as problems mount in US too

The Guardian - UK

'Perfect storm of investor risk': SEC enforcement chief pushes back on crypto industry's 'regulation by enforcement' chorus

Gurbir Grewal defended the agency's actions at an event hosted by Lowenstein Sandler and Rutgers Law.

Fortune

US regulators continue crypto crackdown – but here's why the latest charges are different

The US Securities and Exchange Commission (SEC) sued the cryptocurrency platform Coinbase shortly after launching a lawsuit against the world’s largest cryptocurrency exchange, Binance.

The Conversation

Why BlackRock’s latest push into crypto will be a game changer

A Bitcoin ETF run by the world’s biggest asset manager could bring about a sea change in the long-term crypto markets.

Fortune

Bakkt delists Solana, Polygon, and Cardano, citing lack of regulatory clarity

The SEC crackdown against unregistered securities is making crypto providers rethink their offerings.

Fortune

Bitcoin tightens grip on crypto market as traders avoid smaller tokens

Bitcoin’s share of total crypto market value is the highest in about 20 months, a sign of the cautious mood in digital assets.

Tribune News Service

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Fortune

BlackRock files for Bitcoin ETF, Coinbase and Nasdaq listed as partners

In an important development for crypto markets, BlackRock is seeking to launch a Bitcoin ETF with pricing data supplied by Nasdaq.

Fortune

Do Kwon to be taken into extradition custody as Montenegro considers South Korea's request

Both South Korea and the U.S. have requested to extradite the disgraced crypto founder.

The Independent UK

With Sam Bankman-Fried looking on, judge seems skeptical of request to reject criminal fraud charges

FTX founder Sam Bankman-Fried's lawyers encountered a skeptical federal judge when they argued that he should toss out criminal fraud charges their client faces after the collapse of his cryptocurrency business

The Independent UK

A Missouri doctor's death is steeped in mystery and speculation. Authorities aren't talking

Many of the people who knew John Forsyth are at a loss to explain the Missouri emergency room doctor's death

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Fortune

Why Hong Kong wants more banks to accept crypto clients

Its welcoming stance is seen by some as proof that China’s crypto ban could soon end.

Fortune

Bitcoin dips below $25,000 as Fed takes hawkish tone after pausing interest rate hikes

The broader crypto market followed suit, as the total market capitalization for all cryptocurrencies dropped about 4%.

Businessweek

Crypto Gets Its Moment of Clarity, But Not the One It Wanted

Suits against Binance and Coinbase offer even more proof that the SEC is cracking down.

Fortune

Gary Gensler's crypto playbook: Steal the spotlight from Congress, and shine it on the SEC

The SEC chair has counterprogrammed Congressional hearings at least six times just in 2023. Is that wrong or just part of the game?

Fortune

Brazil embraces crypto, names its central bank as regulator

The new rules go into effect June 20.

Fortune

MicroStrategy founder Michael Saylor says Bitcoin could grow to 80% of crypto market after SEC suits against Binance and Coinbase

The founder said Bitcoin could eventually make up 80% of the crypto market.

StockNews.com

Is June the Time to Buy Robinhood Markets (HOOD)?

Although commission-free trading and investing platform provider Robinhood Markets (HOOD) enjoys significant attention from beginner investors, the regulatory crypto crackdown could put a dent in its operations. Therefore, would it be wise to buy the stock now? Let’s look at some of its financial metrics to know more….

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