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The Latest Breaking News from Crypto

Up 83% This Year, Is Coinbase Stock a Buy?

With an 82.7% surge in stock price since the beginning of the year, we look into Coinbase Global’s (COIN) fundamentals to determine if the stock is worth the hype. Read on….

StockNews.com

SEC adds more bodies to crypto enforcement unit as companies still await rule book from Gensler

The agency started 2023 with actions against Kraken, Paxos, and Terraform Labs.

Fortune

Near 50% fall in Silvergate’s shares over FTX exposure prompts survival doubts

Stock price of crypto-focused US bank plummeted in Thursday trading and it is assessing its ability to keep going

The Guardian - UK

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Coinbase ends relationship with crypto bank Silvergate

After delaying its annual report, Silvergate’s share price opened more than 40% lower on Thursday.

Fortune

Future of Finance: Craig Vosburg of Mastercard

"To the extent consumers want to buy and sell, we want our products and our network to be in a position to easily and securely facilitate that movement of money," he added.

Fortune

Robinhood and Coinbase shares end February on down note

Robinhood and Coinbase ended the month down 6.6% and 1.3%, respectively.

Fortune

Hester Peirce, Nic Carter: The Government vs. Cryptocurrencies

Meet the SEC commissioner who hates regulation and the bitcoin booster who says the crypto industry needs to police itself better.

Reason

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Who is Monkey? The notorious crypto scammer has disappeared

The mainstream rise of NFTs has created a paradise for phishing schemes.

Fortune

The court case that could determine the future of crypto

Grayscale has enlisted a formidable advocate against the SEC.

Fortune

Revolut ‘really near the very final stages’ of getting a UK banking license as sales jump 33% in 2022

Fintech giant Revolut today said it was “really near the very final stages” of securing a banking license in the UK as it reported a near-tripling of sales and a breakthrough to profits in 2021 in a long anticipated set of results.

Evening Standard

Revolut sales jump 33% in 2022 despite crypto downturn

Fintech giant Revolut saw a 33% jump in sales in 2021, its accounts show today, amid a boom in crypto trading activity.

Evening Standard

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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news in one place.

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Fortune

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.

The New Daily

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.

Fortune

Solana token rebounds after multihour network outage

The source of the outage is still unknown.

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Fortune

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.

The Guardian - UK

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

WEKU

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.

USA Today Sports Media Group

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 ...

The Guardian - UK

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

Los Angeles Times

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.

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