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The Latest Breaking News from Crypto

ED freezes over Rs 64 crore bank deposits of crypto exchange WazirX

NEW DELHI: The Enforcement Directorate (ED) on Friday said it has frozen bank deposits of Rs 64.67 crore as part of a money laundering probe against crypto currency exchange WazirX.

The Times of India

ED issues order to freeze ₹64.67 crore linked to WazirX

“The lax KYC norms, loose regulatory control of transactions between WazirX and Binance, non-recording of transactions on block chains to save costs and non-recording of the KYC of the opposite wallets has ensured that WazirX is not able to give any account for the missing crypto assets,” the ED alleged…

The Hindu

Dogecoin Daily: Price On The Move Up, Elon Musk Discusses The Meme Coin In Podcast Appearance

Dogecoin (CRYPTO: DOGE) traded 1.5% higher at $0.07 over 24 hours leading up to early Friday morning after Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk mentioned the meme coin on a podcast.

Benzinga

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Crypto Companies Are Spending $2.4 Billion on Sports Sponsorships

Crypto.com, Coinbase, and FTX are moving aggressively to match the marketing muscle of carmakers, beer brands, and other big-money advertisers.

Businessweek

'Crypto Is Dead?' Analyst Says Doom Calls Are Overdone As Bitcoin, Ethereum, Dogecoin Hold It Together

Most major coins traded lower Thursday evening as the global cryptocurrency market cap declined 1.2% to $1.06 trillion at press time.

Benzinga

Celsius Seeks To Rehire CFO At $93,000 A Month, Customers — Not Surprisingly — Object

Bankrupt crypto lending platform Celsius has sought a judge's permission to reinstate the company’s former CFO Rod Bolger and pay him $93,000 each month over a minimum of six weeks.

Benzinga

What is an NFT and why would you invest in one?

Award-winning artist Trevor Jones is giving away a free coronation NFT to Evening Standard readers. Here’s all you need to know.

Evening Standard

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Dogecoin Daily: Price Flips Yet Again, Foundation Director Says Stop Investing In Meme Coin As A 'Speculative Asset'

Dogecoin (CRYPTO: DOGE) traded 0.8% lower at $0.07 in the early hours of Thursday morning. DOGE traded flat along with other major coins as the global cryptocurrency market cap inched down 0.3% to $1.07 trillion.

Benzinga

Down the pan: PLC Ultima plugger Des Amey scarpers to the toilet when confronted by the Mirror

Cryptocurrency PLCu price has plummeted around 90% but investors are still being recruited

Daily Mirror

Bitcoin Resilient Despite Solana, Nomad Hacks: Top Crypto Attracting 'Smart Money' Again, Says Analyst

Bitcoin and Ethereum traded higher on Wednesday evening as the global cryptocurrency market cap rose 1.8% to $1.07 trillion at press time.

Benzinga

Hackers targeting Solana steal millions of dollars worth of crypto tokens

At least $5 million worth of USDC, SOL, and other tokens were drained from thousands of user wallets, while the culprits remain at large.

Input

Why Qonetum Finance Foundation's Hybrid Decentralized Funding Platform Launch Is Important To Crypto

Qonetum Finance Foundation announced on Wednesday the launch of Post Dex Offerings, a decentralized fundraising model for existing crypto projects, creating a hybrid fundraising, strategic staking and liquidity mining alternative solution.

Benzinga

Hacking attack drains £5m from 8,000 wallets linked to Solana crypto network

Solana Foundation, supporter of blockchain network, says ‘malicious actor’ has taken funds

The Guardian - UK

Australian investors left with nothing as cryptocurrency giant Celsius goes bankrupt

Australians describe their utter despair in letters to a New York bankruptcy court after cryptocurrency lender Celsius Network froze their withdrawals.

ABC News

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Input

Crypto CEO steps down after bad Bitcoin bet to... focus on Bitcoin

Michael Saylor's transition within MicroStrategy comes after leaving a $918 million impairment charge in the company's books.

Benzinga

Why Bitcoin Looks Geared Up For Another Bullish Move North

Bitcoin (CRYPTO: BTC) was trading about 2% higher at one point on Wednesday in continued consolidation after two bullish days on July 27 and July 28 saw the crypto soar up over 13% higher.

The Independent UK

New crypto oversight legislation arrives as industry craters

A bipartisan group of senators has proposed a bill to regulate cryptocurrencies

The Guardian - UK

TechScape: I’m no longer making predictions about cryptocurrency. Here’s why

If you’d bought or sold bitcoin every time I wrote about it over the last decade, how much would you have made? Let’s do the maths

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Evening Standard

Robinhood sacks nearly one in four staff as retail investors leave the app

The firm’s app has seen an almost 2 million drop in regular users

Bangkok Post

Zipmex allowing some altcoin withdrawals

Asia crypto exchange Zipmex Pte plans to allow users to withdraw some tokens from their trading accounts.

Benzinga

Are Bitcoin, Ethereum, Dogecoin Traders Losing Confidence? Analyst Says This Could Be The Start Of 'Good Times Returning'

Major coins traded lower Tuesday evening as the global cryptocurrency market cap fell 0.5% to $1.07 trillion at press time.

The Guardian - US

Trading platform Robinhood lays off nearly a quarter of staff as crypto drops

The news comes on the heels of a dire revenue report, with company shares taking a 3% tumble in extended trading

Input

U.K. man begs to excavate landfill after tossing $184M in bitcoin

James Howells decided to throw away a hard drive back in 2013, and 8,000 bitcoin with it.

Benzinga

Robinhood To Cut 23% Of Staff In Second Round Of Layoffs This Year

Robinhood Markets Inc. (NASDAQ: HOOD) CEO Vlad Tenev announced Tuesday in a press release the company is “reducing our headcount by approximately 23%.”

Input

Hackers use copy-paste exploit to siphon nearly $200M from crypto company

Nomad, a blockchain transfer company, was the victim of a cascading hack that let users pillage its crypto wallet with a bit of copied and pasted code.

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