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The Latest Breaking News from Crypto

Almost 40% Of Millennials Own Crypto, But More Than Half Say It's Risky: Report

About 39% of millennials own cryptocurrencies, higher than the percentage of those owning mutual funds and about equal to the number of millennials who own individual stocks, according to a report. A new study by investing firm Alto, finds that millennials aged 25 to 40, who own cryptocurrencies, are likely…

Benzinga

How Much Is A $1,000 Portfolio of ETH, DOGE, SHIB and SOL Invested One Year Ago Worth Now?

The past month has witnessed an extreme downturn in the crypto market. The current market cap of the cryptocurrency sector sits at $947 billion, down from its all-time high of more than $3 billion.

Benzinga

What Kind Of Job Opportunities Exist In Crypto During This Bear Market?

As cryptocurrencies continue their bearish downtrend over the past few months, numerous crypto firms globally are facing severe liquidity crises and a capital bleed-outs. Consequently, uncertainty looms over the job market in the crypto sector.

Benzinga

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A Bear Of Historic Proportions

Bitcoin (CRYPTO: BTC) fell below $20,000 briefly this morning, whilst the total crypto market cap fell to below $900 billion, from a high of $3 trillion last year.

Benzinga

Latest Bitcoin Meltdown Pressures Chinese Crypto Companies

Key Takeaways: Ebang, a maker of cryptocurrency mining machines, has been warned about potential delisting from the Nasdaq after its stock remained below $1 for a prolonged period Rival crypto mining equipment maker Canaan repurchased warrants it issued last year after its stock plunged to levels well below the exercise…

Benzinga

Crypto crisis: how digital currencies went from boom to collapse

Savers talk of devastating losses as assets such as bitcoin and ‘stablecoins’ like terra fell sharply

The Guardian - UK

Three Arrows Capital to become latest casualty of crypto crash

Crypto hedge fund facing collapse after claims of $650m default on loan to Voyager bank

The Guardian - UK

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Bitcoin Whale Moves 4,002 BTC Off Gemini

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $81,332,261 worth of Bitcoin off Gemini. The BTC address associated with this transaction has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS.

Benzinga

Someone Just Sent $93M In Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $93,917,465 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1qsmp3rg7tdx749r8l3zvzetkmqdgdf056petlzq

Benzinga

Bitcoin Whale Moves 9,003 BTC Off Gemini

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $186,147,594 worth of Bitcoin off Gemini. The BTC address associated with this transaction has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS.

Benzinga

Why Shares Of Bitcoin Miner Marathon Digital Are Falling

Marathon Digital Holdings Inc (NASDAQ: MARA) shares are trading lower Wednesday after the company provided an update on its Bitcoin (CRYPTO: BTC) mining operations in Montana.

Benzinga

Court Orders Liquidation of Crypto Hedge Fund 3AC Following Voyager Loan Default: Report

A court in the British Virgin Islands has ordered the liquidation of crypto hedge fund Three Arrows Capital (3AC), after the company suffered major losses in the recent market turmoil. According to a report by Sky News, partners from Teneo, a global CEO advisory firm, are handling the insolvency proceedings after a court order…

Benzinga

Cathie Wood Defends Coinbase Allocation: Crypto Revolution 'Will Not Be Stopped'

Ark Investment Management founder and CEO Cathie Wood explained why her company's flagship fund has maintained a strong allocation in cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN), in an interview with

Benzinga

Why Is Dogecoin Slumping Today?

Dogecoin (CRYPTO: DOGE) traded 8.35% lower at $0.065 over 24 hours leading up to the early hours of Wednesday. The meme cryptocurrency declined along with the global cryptocurrency market cap, which fell 3.75% to $902.3 billion at press time.

Benzinga

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Benzinga

Some Crypto Exchanges Are 'Secretly Insolvent' And 'Too Far Gone,' FTX Chief Tells Forbes

Sam Bankman-Fried, founder and CEO of crypto exchange FTX, warns that some cryptocurrency exchanges may already be insolvent and that failures are imminent.

WEKU

Job cuts are rolling in. Here's who is feeling the most pain so far

Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of the economy, there's fear they could spread elsewhere.

Benzinga

How Bitcoin Crash Could Hurt Kim Jong-Un's Weapons Tests

A plunge in the prices of cryptocurrencies has dwindled the value of digital coins stolen by North Korean hackers, potentially denting a key source of funding Kim Jong-Un would require to fund his ambitious weapons programs.

Reuters

Crypto crash threatens North Korea's stolen funds as it ramps up weapons tests

The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes.

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Benzinga

Back To Investing In The Future?

Bangkok Post

3AC defaults on loan worth $670m

Three Arrows Capital (3AC), a prominent crypto hedge fund, defaulted on a loan worth over US$670 million, prompting a steep fall in Bitcoin's price to below $21,000.

Benzinga

If You Invested $1,000 In Shiba Inu At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the last two years. But there is no question some big-name stocks performed better than others since the pandemic bottom — and cryptocurrencies as well.

Benzinga

Crypto Winter - Multiple Blow-ups Leading To A Much Bigger Problem...

During periods of rampant excess in financial markets, we move from valuations based on the present value of future cash flows to valuations based on stories. How compelling is your story? Is it one of future growth and revolutionized economic reform all powered by smart contracts? Sounds pretty neat.

Benzinga

Morgan Stanley: Proof-of-Stake Won't Fix Ethereum's Problems, But There Is A Silver Lining

A transition to a fully proof-of-stake (PoS) consensus mechanism, dubbed "the merge" by cryptocurrency enthusiasts, won’t fix Ethereum’s (CRYPTO: ETH) issues, according to

The National (Scotland)

Scots warned of 'worrying' surge in cryptocurrency scams

SCOTS are being urged to remain vigilant amid a “worrying” spike in cryptocurrency scams.

Benzinga

$100 Invested In Robinhood Right Now Would Be Worth This Much If It Hits Same Level As At Height Of Dogecoin Mania

Robinhood Markets, Inc. (NASDAQ: HOOD) rallied strongly on Monday amid rumors that cryptocurrency exchange FTX could be eyeing acquiring the trading app.

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