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The Latest Breaking News from Crypto

Jump Trading made $1.28 billion by secretly propping up Terra a year before the algorithmic stablecoin collapsed, court filings show

Jump Trading reportedly profited $1.28 billion from the arrangement.

Fortune

Hong Kong Banks Looking To Be The Leader In Cryptocurrency Moving To Virtual Assets

Hong Kong is encouraging banks to cater to the needs of licensed virtual-asset firms — a move that highlights the city's ambition.

Zenger

OpenAI’s Sam Altman approaches $100 million in funding for Worldcoin, the crypto project that scans your irises to prove you’re not a robot

Worldcoin plans to publicly launch out of beta in the first of half of 2023.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Dark web crypto-drug traffickers 'can try to hide in the furthest reaches of the internet, but the Justice Department will find you'

With a fentanyl epidemic on its hands, the US Department of Justice has just made its biggest bust yet targeting the dark web.

PC Gamer

How to buy Cardano (ADA)

Cardano and its native cryptocurrency ADA were created by one of Ethereum’s co-founders in 2017.

Evening Standard

The apocalypse isn’t coming. We must resist cynicism and fear about AI

Remember when WeWork would kill commercial real estate? Crypto would abolish banks? The metaverse would end meeting people in real life?

The Guardian - US

Sam Altman is plowing ahead with nuclear fusion and his eye-scanning crypto venture—and, oh yeah, OpenAI

His plans for A.I., crypto, and nuclear fusion energy are all disruptive—and connected.

Fortune

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Grimes and Bitcoin: How crypto and the open-source movement offer lessons for the music industry in the age of A.I.

The music industry wants to crack down on A.I.-generated songs. Grimes is trying a different approach.

Fortune

Crypto miners ‘stole B500,000 a month worth of electricity’

SAMUT PRAKAN: Authorities have seized cryptocurrency mining hardware worth more than 5 million baht from two houses in Samut Prakan where electricity theft exceeded 500,000 baht a month.

Bangkok Post

Watch out - that urgent PayPal email could be a phishing scam

A pair of crypto-related phishing email scams are making the rounds - here's what you need to know.

TechRadar

Binance to leave Canada—the one-time home of cofounder CZ—claiming market conditions are 'no longer tenable'

The move comes amid global regulatory scrutiny for the leading crypto exchange.

Fortune

The crypto world doesn't need Robert F. Kennedy Jr.

JFK's nephew, a known crackpot, will be rolling out his presidential campaign at Bitcoin Miami.

Fortune

A former FTX insider joins the class action lawsuit against celebs like Tom Brady and Shaq who touted crypto

Dan Friedberg, former compliance chief at FTX, will cooperate with lawyers bringing a class action suit against celebrity promoters.

Fortune

Public companies obey strict disclosure rules—it’s time for crypto projects to do the same

If the crypto industry wants to be taken seriously, it must get more transparent argues a tech industry veteran.

Fortune

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Fortune

Former FTX compliance chief turns whistleblower in crypto suit against Tom Brady, Shaq and celebrity promoters

“He called us and said he wanted to help the victims,” says lawyer Adam Moskowitz. The plan is for the “class” to drop all claims against Dan Friedberg in exchange for his cooperation.

PC Gamer

Cryptominers hope they can find a second life by turning their mining operations into AI farms

Unfortunately, only a fraction of GPUs used for mining are up to the task.

Fortune

Coinbase’s chief legal officer humbles himself before Pepe coin horde after newsletter provides incomplete history of meme

Not even one of the world’s largest crypto exchanges can escape the wrath of the frog.

Fortune

AWS and Microsoft Azure dominate cloud computing. But could Google Cloud beat them in Web3?

"They see an opportunity, and there's people who need cloud services, and so they formed a verticalized team," says Andrew Boone, a research analyst at JMP Securities.

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Barchart

Bitcoin – Stuck In Neutral

Bitcoin is a highly controversial asset. Supporters believe cryptocurrency will replace fiat currencies as Bitcoin and the many other cryptos values reflect buying and selling interest without government intervention. Opponents say cryptos allow many nefarious market participants to operate. Speculators have flocked to cryptocurrency markets because of the extreme volatility…

Tom’s Hardware

Cryptominers Repurpose GPU Farms Amid AI Hardware Shortage

Some GPU cryptomining outfits, having survived a bleak winter of discontent, have started to grasp AI acceleration opportunities.

Fortune

New York crypto bill exposes rifts among key regulators

The financial capital of the world is debating the future of digital asset oversight.

Fortune

Robinhood’s crypto revenue nearly matches last quarter’s, with plan to buy back $500 million in stock from Sam Bankman-Fried ‘ongoing’

Year-over-year crypto revenue fell 30%, but a 1% decline from the fourth quarter could be a good omen.

Barchart

New Collaborations Between TradFi & DeFi Could Take Crypto Wallets to Another Level

3 global investment firms are using blockchain technology to enhance growth.

Evening Standard

Binance bosses mount charm offensive to restore relations with FCA

Despite the FCA’s crypto crackdown, Binance bosses signalled their support for its hardline approach

Fortune

Brazil’s unlikely bid to become a global crypto hub

New legislation and regulatory collaboration are transforming the South American powerhouse.

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