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The Latest Breaking News from Crypto

The Crypto Winter will last through 2023 and maybe 2024, predicts PayPal and Meta alum David Marcus

“We won’t exit this 'crypto winter’ in 2023, and probably not in 2024 either,” Marcus wrote in a year-end blog post.

Fortune

'Bitcoin at $200,000' projections flop as coin ends year down 60%

A year ago, crypto analysts, riding high from the successes of 2021, had big hopes for Bitcoin, with some of them seeing the token hitting $100,000 or more in 2022.

The Times of India

Crypto journalist slams New York Post and Daily Mail for ‘sexist’ coverage of Bankman-Fried meeting

Critics argued coverage showed misogyny towards women in tech media

The Independent UK

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These are the stocks that kept investors up at night in 2022

It’s been a year of historic selloffs for U.S. equities.

Tribune News Service

The 5 biggest crypto hacks of 2022

How billions in exploits made a bad year for the crypto industry even worse.

Fortune

Senior Provincial Official Pleads Guilty to Graft and Flouting Crypto Ban

Xiao Yi, a former political advisor and party chief in Jiangxi, received more than $18 million worth of bribes

Caixin Global

Lose money on crypto in 2022? Tap this tax loophole while you still can.

It's still possible for big companies—but also individual crypto owners—to take advantage of special tax treatment for Bitcoin and other digital assets.

Fortune

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The year in bankruptcy isn't just an FTX story. What's next could be even bigger.

The number of bankruptcies actually declined in 2022, but the amount of debt swimming through court is higher. And yes, FTX (likely) leads the pack.

Fortune

RBI pitches for common approach towards crypto assets to address potential risks

MUMBAI: To address potential financial stability risks and protect investors, it is important to arrive at a common approach to crypto assets, the Financial Stability Report released by RBI said on Thursday.

The Times of India

The 10 biggest crypto funding rounds of 2022

How much did Crypto Winter freeze venture funding?

Fortune

2022 was the year crypto came crashing down to Earth

For the world of crypto, 2022 started with exuberance and ended with its unofficial spokesman in handcuffs.

WEKU

Sara McMann ‘not bashing the UFC’ but says Bellator offered ‘really great money’ to sign

Sara McMann wanted to know if there was truth behind non-UFC promotions paying big money, and said her deal with Bellator proved that true.

USA Today Sports Media Group

Analysts upbeat on outlook for Thai stocks

Analysts are bullish on the Thai stock market's prospects in 2023 after China announced the country's reopening in January, while cryptocurrency is likely to remain volatile in the first six months, perhaps improving in the latter half when inflation eases.

Bangkok Post

ChatGPT is coming for crypto

Don't underestimate the power of artificial intelligence.

Fortune

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Tribune News Service

Actually, it has been a wonderful year for tech’s future

All the numbers point to one of the worst years for the technology sector in over a decade. Stock meltdowns, crypto implosions, supply-chain disruptions, a startup-funding freeze, and yet more hacks made 2022 a year most would rather forget. Yet a range of major developments emerged that set the scene…

Evening Standard

London crypto firm Argo sells Bitcoin mine to Galaxy Digital to shore up finances

London-based crypto firm Argo has agreed to sell its Bitcoin mining facilities to New York-based Galaxy Digital as part of a $100 million deal to shore up its shaky finances.

Al Jazeera

Crypto player Kraken to exit Japan amid sector’s annus horribilis

US-based cryptocurrency exchange’s announcement comes amid plummeting asset values and sector-wide reckoning over FTX.

Tribune News Service

US probes how $372 million vanished in hack after FTX bankruptcy

Federal prosecutors are investigating an alleged cybercrime that drained more than $370 million out of FTX just hours after the cryptocurrency exchange filed for bankruptcy last month.

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news in one place.

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Axios

Crypto will survive FTX, Sam Bankman-Fried

Today, there are people all over the world committed to cryptocurrency's endurance.

Los Angeles Times

Emails reveal Sam Bankman-Fried’s courtship of federal regulators

ALAMEDA, Calif. — Before his mid-December arrest, cryptocurrency billionaire Sam Bankman-Fried repeatedly claimed that he was a responsible business leader who sought more regulation of cryptocurrency and wanted his industry to be part of the mainstream financial system.

Fortune

Crypto's very bad year yielded even worse falls from grace. Here's a list.

Some of the industry’s biggest names fell from historic highs historically quickly.

The National (Scotland)

Tory minister's Twitter account 'hacked' and flooded with Elon Musk and crypto tweets

A TORY minister's Twitter account has changed its profile picture to an image of Elon Musk while promoting a fake cryptocurrency event after being…

Daily Mirror

Tory minister's Twitter account hijacked by crypto fraudsters in embarrassing hack

Education Secretary Gillian Keegan’s Twitter account started sending messages promoting cryptocurrency - raising fresh questions about the security of ministers' phones

Fortune

Crypto is like the ‘World of Warcraft’ economy and legitimizing it with regulations would hurt the financial system, says economist

"While there's money involved, I don't think any of us would call on [regulators] to supervise online massive multiplayer games," argued Stephen Cecchetti.

Tribune News Service

Thanks to FTX, regulating crypto should be easy

As the demise of the FTX crypto empire unfolds — on Twitter, in bankruptcy proceedings, in congressional hearings and potentially in criminal court — lawmakers and regulators are grappling with a question: What, if anything, should they do to civilize a market so rife with abuse?

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