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The Latest Breaking News from Crypto

Web3 Working Group raises $2 million for crypto education aimed at consumers and regulators

Amid the industry crisis, the nonprofit aims to highlight decentralization and infrastructure.

Fortune

Founder of collapsed crypto exchange insists he 'didn't ever try to commit fraud'

Once a darling in the business and tech world, Sam Bankman-Fried has become a pariah. The founder of crypto exchange FTX, which declared bankruptcy last month, has given his first media interview since his platform collapsed. He denied any intention to commit fraud and pleaded ignorance at the mismanagement of…

France 24

Sam Bankman-Fried: Former boss of collapsed cryptocurrency scheme FTX denies fraud

Sam Bankman-Fried, the man formerly behind failed US cryptocurrency scheme FTX, has denied committing fraud.

Evening Standard

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Portland Trail Blazers vs. Los Angeles Lakers, live stream, prediction, TV channel, time, how to watch the NBA

The Portland Trail Blazers will meet the Los Angeles Lakers in NBA action on Wednesday night from the Crypto.com Arena.

USA Today Sports Media Group

'Miners' stealing electricity

The Department of Special Investigation (DSI) raided 50 locations in Bangkok and Nonthaburi and found crypto miners had stolen electricity worth around 500 million baht over the past year.

Bangkok Post

Sam Bankman-Fried strikes apologetic pose as he describes being shocked by FTX's fall

During an hour-long interview at the New York Times Dealbook Summit, Bankman-Fried frequently portrayed himself as in the dark about the condition of the multi-billion dollar exchange he founded.

WEKU

SBF defends his actions and distances himself from Alameda in first live interview since FTX's collapse

Sam Bankman-Fried said he was "excited" about the prospects of his crypto exchange FTX just a month before its collapse, but admitted he made mistakes in a new interview.

Fortune

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North Korea's nuclear program is funded by stolen cryptocurrency. Could it collapse now that FTX has?

Since the world’s second-largest crypto exchange, FTX, declared bankruptcy earlier this month, the flow-on effects have been felt far and wide.

The Conversation

If you own Bitcoin Cash, XRP, or Etherium Classic on Coinbase, here’s what to do now

Should you cash out? Are your coins still worth anything? Here are your options.

Fortune

Citi CEO Jane Fraser: ‘If grandma’s investing in crypto, we better have protections in place.’

Until investor protections are established, traditional banking won't fully jump into the crypto fray.

Fortune

FTX's SBF: I'm the 3rd-biggest GOP donor

The FTX founder says he kept donations private because "reporters freak the f--k out if you donate to Republicans"

Salon

Kraken to lay off 30% of employees

The crypto exchange joins Coinbase, Crypto.com, and Gemini in announcing layoffs this year.

Fortune

Kraken crypto exchange lays off 30% of workforce

Kraken is one of the biggest and longest-standing crypto exchanges.

Axios

FTX billionaire Sam Bankman-Fried funneled dark money to Republicans

The crypto entrepreneur was thought to be a big donor to Democrats but now acknowledges he gave equally to GOP

The Guardian - US

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Fortune

Coinbase says goodbye to XRP, Bitcoin Cash, and Ethereum Classic

Fortune

‘Inaction is paralysis’: CFTC Chair Rostin Behnam calls for regulation in the wake of FTX’s collapse

His commission has come under scrutiny for its relationship with the exchange and Sam Bankman-Fried.

The Guardian - UK

ECB says bitcoin is on ‘road to irrelevance’ amid crypto collapse

European Bank criticises digital currency sector for facilitating illegal activity

Fortune

Andreessen Horowitz, FTX, and the future of crypto

Unlike fellow Silicon Valley giant Sequoia, a16z did not get tarnished by FTX's collapse.

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Fortune

Bitcoin storage company Casa to launch Ethereum wallets as demand rises post–FTX collapse

“As we thought about expanding to Ethereum, the core reason is that our customers have been asking for it,” Nick Neuman, Casa cofounder and CEO, told Fortune.

The Conversation

What's a polycule? An expert on polyamory explains

With the collapse of the cryptocurrency exchange FTX, the media shined a spotlight on the personal lives of founder Sam Bankman-Fried and his inner circle.

Financial Times

‘It just kinda went crazy’: FTX’s lavish spending highlights lack of controls

Sam Bankman-Fried’s crypto group showered employees with perks before collapsing into bankruptcy

Fortune

Sam Bankman-Fried says he donated just as many millions to Republicans as Democrats

The former FTX CEO discussed in greater detail donations he made as Democratic Sen. Ron Wyden of Oregon called on crypto exchanges to be more transparent.

The Independent UK

Beto O’Rourke’s campaign returned surprise $1m donation from controversial crypto billionaire Sam Bankman-Fried

Embattled FTX founder was top donor to Democrats in 2022 midterms

Evening Standard

Russian millionaire Vyacheslav Taran killed in helicopter crash near Monaco

Vyacheslav Taran is the third crypto millionaire to have died in unexpected circumstances recently

Tribune News Service

As FTX burned, lawmakers said to be dithering over regulator

WASHINGTON — Congress opted to tread water on legislation that would clarify the agency in charge of the cryptocurrency industry, leaving lawmakers now without a regulator to blame for missing the signs of the FTX collapse this month and facing deep skepticism about some proposals.

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