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The Latest Breaking News from Crypto

FTX execs ‘joked internally’ about losing track of millions in assets, misused customer funds, and ‘stifled dissent’ before the exchange’s collapse, new debtors’ report says

SBF and a team of top execs also “stifled dissent,” “commingled and misused” funds, and “lied to third parties,” a new debtors’ report alleges.

Fortune

Is Silvergate the Newest Meme Stock?

Shares of Silvergate Capital (SI) have plummeted more than 95% over the past six months. The company recently announced its plans to shut down operations and liquidate after the crypto industry’s meltdown sapped its financial strength. Amid this, traders are increasingly placing bearish bets on the stock. With mounting short…

StockNews.com

Who made FORTUNE CRYPTO 40 and why: The winners, snubs, and more

The inaugural list is a research-based ranking of the players that define the crypto industry and are essential to its long-term success.

Fortune

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Leaders lost their discipline. Now employees are paying the price.

Business leaders are changing tactics as the consequences of our abnormal pandemic behavior finally hit home.

Fortune

The FORTUNE CRYPTO 40 are building the future with blockchain

Fortune's new ranking highlights VC firms, NFT shops, data companies, decentralized protocols, and more.

Fortune

The making of Binance’s CZ: An exclusive look at the forces that shaped crypto’s most powerful founder

How China's hardball startup culture, Canada's Asian immigrant community, and "Rich Dad Poor Dad" helped Changpeng Zhao become a mild-mannered but sharp-elbowed competitor.

Fortune

Developer of Signature Bank’s 24/7 payment system calls crypto ‘a distraction’

Tassat's CEO said other banks aren't inquiring about implementing its solution for crypto settlement.

Fortune

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Introducing the FORTUNE CRYPTO 40: Blockchain businesses built to last

Our first-of-its kind ranking identifies companies with the financial strength and sound business practices to survive a "crypto winter" and beyond.

Fortune

FTX failure rooted in ‘hubris,’ ‘greed’: Report

Failed crypto exchange FTX Trading Ltd lacked fundamental financial and accounting controls, stifled dissent within the company and joked internally about their tendency to lose track of millions of dollars in assets, according to a report by the company’s debtors.

The Times of India

Nvidia says crypto is a scam, AI is the future - here's why I'm excited about that

Your next graphics card could be designed by an AI, if Nvidia has anything to say about it.

TechRadar

Bitcoin and Ethereum Shine In Q1 2023

Bitcoin and Ethereum fell steadily from November 2021 through November 2022. However, the leading cryptocurrencies found bottoms and increased from the late 2022 lows. In Q1 2023, Bitcoin, Ethereum, and the asset class’s market cap posted significant gains and outperformed stocks, bonds, traditional currencies, commodities, and other asset classes.

Barchart

How 26,000 influencers are plugging and profiting from Binance

Binance’s affiliate program gives a select few a path to crypto riches—but at what cost?

Fortune

Ethereum's Shanghai upgrade looms. What you need to know

Investors finally will have access to more than $30 billion worth of the cryptocurrency.

Fortune

Trying to determine if the crypto winter is ending

In late 2022 the cryptocurrency market crashed after a heady period of successive highs. The value of Bitcoin dropped 63%, the overall cryptocurrency market lost $1.63 trillion in value, and thousands of small altcoins were pretty much wiped from existence.

Bangkok Post

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Fortune

Did the New York Times ethicist urge party guests to shun FTX employees?

The fallout out from the uncovering of Sam Bankman-Fried's massive fraud continues to ripple.

Fortune

One crypto VC thinks it’s the ‘best time’ to invest despite industry turmoil

Despite the turmoil, CoinFund’s David Pakman is bullish on investing right now—but perhaps not in the U.S.

Los Angeles Times

Bill Plaschke: Wilting loss reveals a stark reality for Lakers. They're not a championship team.

LOS ANGELES — After the fireworks smoke had cleared and the giddy shrieking had quieted and every T-shirt had been shot into hungry and sweaty arms, a cluttered Crypto.com Arena was left with a stark and solitary truth.

The Guardian - UK

UK regulators warn influencers of risks of promoting NFTs and cryptocurrencies

‘Finfluencers’ to be asked to consult checklist before accepting deals for ‘get-rich-quick’ schemes

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Evening Standard

How to buy Shiba Inu (SHIB)

Shiba Inu (SHIB) is a memecoin, meaning that it’s associated with a particular theme, in this case a Japanese dog breed (as with Dogecoin).

Fortune

How New York financial regulator Adrienne Harris claimed an unusual spot in the limelight

All eyes are on her, in the crypto industry and beyond.

The New Daily

The Ferguson Report: Liberals say ‘no’ to Voice, Australia says ‘gosh, really?’

Supporters of the proposal are hoping for a conscience vote. Others are pushing for a vote of no conscience.

Reason

Debate: Bitcoin Is the Future of Free Exchange

Where am I supposed to spend my cryptocurrency?

The Guardian - AU

Crypto exchange Binance has Australian financial services licence cancelled by Asic

Regulator says Binance must cease trading by 21 April after it incorrectly classified hundreds of retail customers as wholesale investors

Los Angeles Times

Commentary: It’s a miracle most Americans pay their taxes. Crypto could upend that norm

One of the many questions raised by cryptocurrency is how to tax this new world of digital assets. It poses real tax evasion concerns.

Fortune

Michael Saylor’s MicroStrategy buys $29.3 million in Bitcoin with price near $28,000

The company has long been a major buyer of the cryptocurrency.

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