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The Latest Breaking News from Crypto

NFT artist pplpleasr just raised $7M to reinvent film production

Shibuya is seeking to empower fan participation in moviemaking and to challenge the Hollywood studio system.

Fortune

The top policy battles for 2023, explained

Venture capitalist Bradley Tusk explains where policymakers will be digging into next year.

Fortune

FTX founder Bankman-Fried facing market rigging probe: Report

Investigation is focused on whether Bankman-Fried manipulated the market for two cryptocurrencies, New York Times says.

Al Jazeera

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Taylor Swift avoids FTX lawsuits after a $100 million deal with the crypto exchange fell apart earlier this year

Sam Bankman-Fried’s employees at FTX, which struck deals with Tom Brady and Steph Curry, said it “was too expensive from the beginning.”

Fortune

SEC Chair says the 'runway is getting shorter' for crypto companies

The Securities and Exchange Commission chair said “the runway is getting shorter” for crypto companies.

Fortune

Why sports sponsorship is unlikely to save cryptocurrency firms from 'crypto winter'

If you have been watching the Fifa World Cup in Qatar closely, you will have noticed the advertising on the hoardings around the pitch. Alongside the usual names – Adidas, Coca-Cola, Visa – there are some new ones, including Crypto.com, the Singapore-based cryptocurrency and payment platform.

The Conversation

Layoffs precede GameStop’s latest glimpse into how its turnaround is working

GameStop is laying off workers only a few weeks before the holidays, with a team working on the company’s crypto initiatives reportedly hard hit.

Tribune News Service

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Overshadowed by failures, crypto hacking exacts higher price

The cryptocurrency industry is circling the wagons in defense as hackers siphon more money from the sector each year.

Tribune News Service

Crypto is as useful as a ‘pet rock,’ according to JPMorgan's Jamie Dimon

The JPMorgan CEO has previously called cryptocurrencies dangerous, worthless and a “Ponzi scheme.”

Fortune

FTX held talks with Taylor Swift over $100mn sponsorship deal

Negotiations between singer-songwriter and Sam Bankman-Fried’s crypto group collapsed this spring

Financial Times

Thousands of illegal cryptocurrency mining units seized

Special investigators have seized about 3,500 illegal cryptocurrency-mining units operating from rented buildings in Bangkok and Nonthaburi and stealing vast amounts of electricity.

Bangkok Post

Environmentalists and Ky. AG want to pump the brakes on a massive crypto mining facility. Why?

WEKU

GameStop just became the latest tech company to lay off workers—and it’s cut down on its crypto team

“Super sad to say I was a part of the layoffs today at GameStop,” one software engineer wrote on LinkedIn.

Fortune

Cathie Wood Keeps Buying These 2 Crypto Securities – Should You?

Following the FTX debacle, the crypto universe was hard hit. However, popular investor Cathie Wood keeps buying stocks from the crypto space despite the rising interest rates and recession risks. As investors access the macroeconomic risks, their risk-off approach will keep the cryptocurrency market under pressure. Therefore, it could be…

StockNews.com

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Fortune

The crypto billionaire who helped expose SBF's insolvency calls him 'one of the greatest fraudsters in history' and accuses media and thought leaders of being manipulated

Binance CEO CZ is speaking out against SBF after FTX’s collapse and arguing he had nothing to do with his rival’s downfall.

Fortune

A bankruptcy court is allowing the busted crypto lender Celsius to hand out $2.8 million in bonuses to keep employees from quitting

“We’re getting really down to the nub of what we need to continue to function,” the company’s lawyer said during the court hearing.

Fortune

One sector in the crypto industry has been spared

The crypto industry is in a dark place, but recent developments in the stablecoin sector are cause for optimism.

Fortune

Legendary Apple designer lends his touch to new Ledger Stax crypto wallet

Tony Fadell, the design genius behind the iPod and Nest, has built a new crypto hardware wallet.

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Fortune

ConsenSys CEO Joe Lubin addresses MetaMask privacy concerns

The DeFi wallet has been at the center of a debate over decentralization.

Fortune

Bitwave raises $15 million Series A to expand its crypto accounting software

Hack VC and Blockchain Capital led the round.

Roll Call

Overshadowed by failures, crypto hacking exacts higher price - Roll Call

The cryptocurrency business is losing more money to hackers, losses that have been overshadowed by the high-profile failures in the sector.

Fortune

Stanford law professors are entangled in Sam Bankman-Fried’s FTX mess—and SBF’s father withdrew from an upcoming class

Bankman-Fried’s father—and his colleague—are reportedly consulting with the disgraced founder of the crypto exchange, who was raised on the prestigious university’s campus.

Chicago Tribune

Commentary: Sam Bankman-Fried is not an effective altruist

It’s an unfortunate thing that the fiery collapse of the crypto exchange FTX is giving many people their first look at one of the most promising charitable movements of the last decade. It’s called effective altruism, or EA, and in recent years, disgraced FTX founder Sam Bankman-Fried, known as SBF,…

Tribune News Service

Crypto pressure ratchets up as FTC probes several firms over ads

The US Federal Trade Commission is probing several crypto firms over allegations their advertisements were deceptive or misleading, the agency said Monday.

Fortune

Bronx Rep. Ritchie Torres introduces crypto legislation

At a Monday press conference, Torres compared SBF to Bernie Madoff and voiced concerns about Tether.

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