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The Latest Breaking News from Crypto

Sparks re-sign star forward Nneka Ogwumike

LOS ANGELES — As she left Crypto.com Arena last year after the Sparks' last game, Nneka Ogwumike left local reporters with cheerful parting words.

Los Angeles Times

What really happened to the ‘Cryptoqueen’?

The promoter of OneCoin, a scheme that preyed on unsuspecting crypto enthusiasts, has been on the run since 2017.

Fortune

How a digital pound could work alongside cryptocurrencies

Like many other countries, the UK has developed a plan for a central bank digital currency (CBDC). A digital pound would essentially act like an online form of cash suitable for everyday payments. It would not earn any interest like a standard savings account (or even some current accounts), but…

The Conversation

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The crypto kids are onto something–and they shouldn’t listen to billionaire bankers like Jamie Dimon

Crypto's most vocal critics also happen to be the biggest winners of the legacy financial system.

Fortune

Town official set up secret cryptocurrency mining operation in crawl space at local school, police say

Nadeam Nahas accued of connecting bank of computers to the electrical system at Cohasset Middle High School

The Independent UK

Three Arrows Capital liquidator will sell off the firm’s NFTs to make up for the $3.5 billion it owes creditors

The NFTs could include a Bored Ape as well as several Mutant Apes and CryptoPunks, according to a research analyst.

Fortune

Crypto Twitter went wild speculating about Coinbase’s blue dot. Here’s what it meant

The announcement from the world’s second-largest cryptocurrency exchange is another attempt to diversify its products amid a bear market.

Fortune

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Phoenix Community Capital case shines light on UK’s lobbying problem

Interest groups have poured about £250,000 into all-party parliamentary groups in past five years

The Guardian - UK

Crypto firm with links to parliamentary groups appears to have vanished

Apparent disappearance of Phoenix Community Capital leaves some investors fearing they have lost large sums of money

The Guardian - UK

Announcing the FORTUNE CRYPTO 40. Which companies will make the cut?

The inaugural FORTUNE CRYPTO 40 list will recognize leading companies in traditional finance, DeFi, and NFTs.

Fortune

Is This Cathie Wood Stock a Buy, Sell or Hold in 2023?

Shares of cryptocurrency exchange platform operator Coinbase (COIN) witnessed a steep decline last year due to the crypto market collapse. The stock is expected to plunge further this year since cryptocurrencies are expected to remain under pressure amid rising interest rates, regulatory concerns, and recession fears. However, Cathie Wood’s ARK…

StockNews.com

Unstoppable Domains pledges patent non-aggression pact across expanded Web3 Domain Alliance

The patent pledge suggests that intellectual property issues could become more important in the fast-growing Web3 naming industry.

Fortune

The enduring mystery of Moonstone Bank

Could Federal Reserve oversight have prevented the FTX catastrophe?

Fortune

Binance aggressively converted rivals' stablecoins in a massive cash grab. It didn't always tell its customers

Blockchain data suggests Binance may have been converting users' collateral without permission.

Fortune

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The Times of India

Coinbase, the biggest US cryptocurrency exchange, posts $557 million loss in Q4

NEW YORK: Coinbase Global Inc, the biggest US cryptocurrency exchange, posted a $557 million loss and saw revenue tumble 75% in the fourth quarter as trading volumes plunged amid a series of prominent industry bankruptcies and scandals.

Fortune

Coinbase beats revenue estimates but still posts $2.6 billion loss for 2022 amid Crypto Winter

Revenue from stablecoin USDC continues to be a bright spot for the exchange.

Fortune

Binance’s chief strategy officer fears strict U.S. crypto regulation could ‘choke out’ the industry and cause ‘real market volatility’

Binance’s Patrick Hillmann told Insider increasing U.S. crypto regulations are going to cost American investors over time on Monday.

Fortune

Galois Capital—which shorted crypto fraud Terra—can’t avoid contagion of FTX

Galois has agreed to sell its claim against FTX.

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Fortune

Roald Dahl's publisher is stripping out words like "fat" and "men." Blockchain technology could stip

The fate of Roald Dahl's books suggests it's time for authors to apply crypto technology to protect their work.

Fortune

Chaos Labs receives $20 million in seed funding

The nascent company offers worst-case scenario simulations for DeFi trading platforms.

Bangkok Post

Beijing quietly backing HK crypto plans

HONG KONG: In October, Hong Kong rolled out the red carpet for cryptocurrency businesses to help revitalise the embattled financial hub. Signs are now emerging that the push has under-the-radar backing from Beijing, providing impetus for mainland Chinese firms to return.

USA Today Sports Media Group

Full patch notes for Apex Legends Season 16 Revelry

Apex Legends Season 16 came with quite a few changes. Here are the full patch notes.

Fortune

YouTube’s new CEO is a friend of the crypto industry

YouTube's little known new boss is bullish on the opportunities that digital collectibles could offer to his platform's creators.

Boston Herald

Bank shot: Paul Pierce must pay SEC $1.4M in crypto case

BOSTON — File this under “The Truth” hurts.

Sports Illustrated

Paul Pierce Settles With SEC Over Cryptocurrency Allegations

The former Celtic was charged with unlawfully promoting crypto assets.

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