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The Latest Breaking News from Crypto

SEC charges former Celtic Paul Pierce with fraudulent promotion of cryptocurrency

Former Celtic Paul Pierce agreed to pay $1.3 million in fines following SEC charge of misleading cryptocurrency promotions.

USA Today Sports Media Group

SEC dunks on Paul Pierce for crypto shilling

The charges are related to Pierce's promotion of the EthereumMax token in 2021.

Fortune

If Binance can but a deal with regulators, it will be a game-changer

A deal would have huge implications for Binance and the crypto industry—if it goes through that is.

Fortune

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Before investing in crypto, check out California's new scam tracker

After losing about two-thirds of their value in 2022, cryptocurrencies have regained a little of their market mojo since then — they're now worth about half what they were last April, according to TradingView. So you may be tempted to respond to one of the countless crypto sales pitches that…

Los Angeles Times

Michael Hiltzik: The government crackdown on crypto is well underway. Get out while you can

The sun may be setting on the cryptocurrency craze. If you're an investor or even just a curiosity-seeker on the fringes of this financial segment, you might want to prepare for its demise.

Los Angeles Times

Airport strikes disrupt travel across Germany

Labor action at seven German airports is set to ground nearly 300,000 passengers Friday as unions call for higher pay amid decades-high inflation. Portugal is ending its "Golden Visa" program for real-estate investors as housing prices skyrocket, and US regulators charge crypto firm Terraform Labs and founder Do Kwan with…

France 24

LeBron James on Lakers trades: 'We did a really good job'

LOS ANGELES — LeBron James had missed the previous three games because of left ankle soreness, which led to an MRI exam on the ankle and his foot last Thursday that showed "no structural damage," the Lakers forward said after playing 29 minutes and 13 seconds on Wednesday night against…

Los Angeles Times

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Bear market barely dents crypto lobby

Spending remains near all-time highs.

Fortune

Bitcoin maximalist Mike Novogratz, who once predicted it hitting $500K in 2024, would now be ‘the happiest guy’ if it ends the year at $30K

Bitcoin will eventually hit $500,000, but not in the next five years, the Galaxy Digital CEO said Wednesday.

Fortune

Bitcoin breaks $25K for first time since mid-2022, some hail thaw of crypto winter

The rally could be fueled in part by the popularity of Bitcoin NFT project Ordinals.

Fortune

Crackdown on illegal crypto currency ATM operators in Leeds

The Financial Conduct Authority has previously warned operators of UK crypto ATMs to shut down or face enforcement action

Birmingham Post

Lido offers 5% crypto returns. Is it worth it?

Lido and other staking services have little in common with Celsius and other failed lenders.

Fortune

Warren Buffett’s long-time partner Charlie Munger says he’s ‘not proud of my country’ for allowing crypto to thrive, calling it ‘very dangerous’

Munger has previously criticized cryptocurrencies, which have plunged in value over the past year.

Fortune

The 5 best cryptocurrency apps and exchanges for February 2023

We compared various crypto apps and exchanges and weighed account minimums, cryptocurrency offerings, fees, mobile app ratings, and more.

Fortune

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France 24

US moves to tighten regulations on crypto sector

The United States is taking a step towards protecting cryptocurrency investors, as the Securities and Exchange Commission moves towards new regulations. Tim Byun, Global Government Relations Officer at OKX, speaks to FRANCE 24 about the potential implications for the industry, and how the collapse of FTX affected public perception of…

France 24

World Bank president to step down early

The president of the World Bank Group, David Malpass, will leave his post about a year before the end of his five-year term. Appointed by former US president Donald Trump in 2019, Malpass courted controversy for his views on climate change, but said he was “proud” of the work he…

Reason

Renegade SEC Commissioner Wants To Save Crypto: Live With Hester Peirce, Nick Gillespie, and Zach Weissmueller

Join Reason on YouTube and Facebook on Thursday at 1 p.m. ET for a discussion of what the SEC's settlement with crypto giant Kraken means for the future of decentralized finance

Fortune

Gary Gensler says his door is open. Crypto companies say that’s not true

Is registering with the SEC as simple as filling out a form on a website?

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The Times of India

Bitcoin hovers near $22,000 as crypto weathers regulatory woes

Bitcoin traded back above the $22,000 price level as concern about a widening crackdown by regulators eases.

Los Angeles Times

'Financial criminals love crypto' and other takeaways from a Senate hearing on cryptocurrency

WASHINGTON — A Senate panel met Tuesday morning to hear from a trio of expert witnesses about what the federal government can do to create safeguards for digital assets such as cryptocurrency.

Tribune News Service

FTX founder Sam Bankman-Fried remotely accessed his TV in the Bahamas to watch the Super Bowl

Days after a federal judge shot down a request by FTX founder Sam Bankman-Fried to loosen his technology restrictions while on house arrest, the disgraced crypto entrepreneur remotely accessed his TV set in the Bahamas to watch the Super Bowl.

The Independent UK

Sam Bankman-Fried in hot water for watching Super Bowl on house arrest using VPN

Crypto executive remains under house arrest in California

Fortune

‘The nightmare isn’t over yet’: Senate Banking reckons with FTX fallout

In the latest congressional hearing on crypto, senators looked to the future of regulation.

The Times of India

US crackdown seeks to push crypto back to the fringes of finance

Crypto’s free pass is getting yanked as the most powerful US financial regulators rapidly close key doors to the country’s banking system.

Fortune

What the regulators' move against Binance and Paxos means for crypto

The SEC and the state of New York just went after Binance's stablecoin and the firm that issues it.

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