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The Latest Breaking News from Crypto

If you lost money in crypto, here's how you can get some back

If you lost money in cryptocurrency this year, there's a bit of good news. You can claim that loss on your taxes.

The Philadelphia Inquirer

Chips And 'Buy the Dip'? This Top 10 Restaurant Chain Offering A Chance To Win Bitcoin, Dogecoin And More

A leading restaurant company is celebrating National Avocado Day with a new cryptocurrency themed promotion and game that will give away over $200,000 in prizes.

Benzinga

Crypto millionaires buy Lambos as supercar ownership hits record high

London’s swanky districts of Mayfair and Belgravia came top in the UK for supercar ownership with a combined 553 cars

Evening Standard

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Cryptocurrencies are gaining ground across Africa. That's both good news and bad

Cryptocurrencies have become popular in African and other developing countries. That’s according to a policy brief released recently by UNCTAD, a United Nations agency. Significant proportions of Kenya (8.5%), South Africa (7.1%) and Nigeria’s (6.3%) populations are using these digital currencies. In June, the Central African Republic adopted bitcoin as…

The Conversation

Good beer, great value: 10 cheap beers you’ll actually enjoy drinking, including one that’s cheaper than gas

CHICAGO — Inflation won’t quit. The price of gas has reached the stratosphere. The stock market is taking a beating. And I won’t even start on crypto.

Chicago Tribune

Authorities probe potential losses for users of crypto platform Zipmex

The Securities and Exchange Commission said on Monday it was working with law enforcement to look into potential losses among the public after the crypto exchange Zipmex temporarily suspended withdrawals last week.

Bangkok Post

Troubled crypto exchange Zipmex says it’s mulling possible offer

Zipmex, the stricken cryptocurrency exchange that operates in Thailand and other Southeast Asian markets, said on Sunday it was considering a possible offer after talks with interested parties and due diligence should commence.

Bangkok Post

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Is Ethereum Heading Toward $2,300? Here's What The Chart Suggests

Ethereum (CRYPTO: ETH) shot up almost 5% during Friday’s 24-hour trading session before the move higher was thwarted by a bearish day in the general markets that saw the S&P 500 sliding 0.8%.

Benzinga

GRIT - Solana Is Gaining Ground

Happy Friday Everyone! 👋 There’s no telling when Crypto Winter will be over but the weather for crypto prices over the last week has been bright & sunny. We’re also seeing signs of continued investments in the space as compressed valuations attract money from unusual sources.

Benzinga

Death Threats Compelled Us To Disappear, 3AC Founders Say

Founders of the beleaguered crypto lending and borrowing firm Three Arrows Capital (3AC) say they received death threats following the collapse of their company, and that's what compelled them to disappear.

Benzinga

Bitcoin, Ethereum Diverge After Tesla Crypto Sale, Dogecoin Slips: Analyst Sees 'Enough Volatility To Make Money'

Bitcoin, Ethereum and other major coins traded mixed Thursday evening as the global cryptocurrency market rose 1.15% to $1.05 trillion at press time.

Benzinga

Feds: 1st cryptocurrency insider trading case snares 3

A former Coinbase employee and his brother, along with a Houston man, have been charged in what federal authorities described as the U.S. government’s first cryptocurrency insider trading case

The Independent UK

The loom of centralization: can exchanges bring privacy back to cryptocurrencies?

South Korea and Japan impose a blanket ban on privacy-focused currencies. ShapeShift delists Dash. Every major exchange demands pictures of your photo IDs scanned and uploaded. SEC, echoed by the Biden administration, hints at regarding crypto firms as brokers and imposing additional mandatory record-keeping requirements.

Benzinga

Zipmex investors face major losses

Akalarp Yimwilai founder and CEO of Zipmex said on Thursday that the exchange’s financial exposure to troubled crypto lenders Babel and Celsius is US$48 million, or 1.7 billion baht, and $5 million, or 184 million baht, respectively, as of July 21. Celsius filed for bankruptcy on July 13.

Bangkok Post

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The Independent UK

Three people charged with $1.5m of insider trading on Coinbase

It’s the government’s first federal case for crypto insider trading

Benzinga

INTERVIEW: Bruce Fenton Is Running For Senate On An Unregulated Bitcoin Market Platform

It has been a long July in this crypto winter, and inflation has heated up more than expected, reaching a 40-year high in June.

Benzinga

Where's Bitcoin Headed After Market Finds Out Tesla Sold 75% Of Its Holdings?

Bitcoin (CRYPTO: BTC) slid more than 5% lower between 4 p.m. on Wednesday and 8 a.m. on Thursday before beginning to recover.

The Guardian - UK

Former US Coinbase employee and two others charged with insider trading

Cryptocurrency exchange manager and his brother arrested in Seattle in what is described as the first case of its kind

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Benzinga

Singapore's Central Bank To Tighten Laws For Crypto Players: What You Need To Know

Amid heightened volatility in the cryptocurrency market, the Monetary Authority of Singapore (MAS) said it will tighten laws for crypto players in the country in the coming months and take firm enforcement action if any entity is found to be conducting illegal activities.

Benzinga

Algorand 'Having A Moment' On Up-Time, Settlement, Real-World Use Cases Succeeding

Benzinga, a media and data provider bridging the gap between retail and institutional investors, is bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022.

WEKU

Tesla cashes out $936 million in Bitcoin, after a year of crypto turbulence

Tesla aggressively embraced Bitcoin in 2021, investing $1.5 billion in the currency. But it now says its profitability was affected by "Bitcoin impairment."

Benzinga

Benzinga Before The Bell: Baidu Beats Tesla, Finland Sells $47.5M Bitcoins, Tesla's Bitcoin Sale And Other Top Financial Stories Thursday, July 21

CNBC

Evening Standard

Tesla sells 75% of Bitcoin investment in crypto U-turn

Elon Musk has a complicated relationship with cryptocurrency

Chicago Tribune

Commentary: Cryptocurrency is a peril for the Black community

“The future is crunk!” declares a digital re-creation of a young LeBron James in the ubiquitous TV commercial promoting Crypto.com.

Bangkok Post

Crypto woes spread as Celsius, Babel links hit another exchange

Zipmex, a cryptocurrency exchange that operates in Singapore and Thailand, has halted withdrawals as the fallout from a series of defaults spreads further throughout the digital-assets industry.

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