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The Latest Breaking News from Crypto

If You Staked Ether On A Validator Node When The Testnet Launched: Here's How Much You'd Have Now

The Ethereum (CRYPTO: ETH) network launched its Beacon Chain in December 2020 which enabled Ethereum to be deposited and staked on its proof of stake chain. Ether deposited on the beacon chain will facilitate the adding of blocks to the blockchain, storage of data, and processing of transactions.

Benzinga

Circle CEO Jeremy Allaire Addresses Paranoia Regarding USDC, Rumors Of Collapse

Jeremy Allaire, co-founder and CEO of global fintech firm Circle, refuted rumors of a potential USDC (CRYPTO: USDC) collapse.

Benzinga

Singapore Considering Additional Safeguards On Cryptos: 'Not Suitable For The Retail Public'

The Monetary Authority of Singapore (MAS) is considering the introduction of additional consumer protection safeguards on cryptocurrencies, the country’s Minister in charge of MAS Tharman Shanmugaratnam said.

Benzinga

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$40M In Bitcoin Was Just Transferred Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $40,128,149 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1FZJS4je25s8Sp4XwDVtu9HfA1R5rdfD4j

Benzinga

Anonymous Bitcoin Whale Just Moved $54M Worth Of BTC Off Gemini

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $54,781,962 worth of Bitcoin off Gemini. The BTC address associated with this transaction has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS.

Benzinga

Anonymous Bitcoin Whale Just Moved $66M Worth Of BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $66,542,439 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1ECR2JiYHqJJrSbJdoe74j8DQzyCFYcg1i.

Benzinga

Anonymous Bitcoin Whale Just Moved $67M Worth Of BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $67,061,557 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1oLLzNHFNiaWzZ2BKMb6U2o7PHoRMykyJ.

Benzinga

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Vegas Crypto Scam Artist Collected 39 Teslas At The Expense Of Others

Chandran is accused of multiple counts of wire fraud and the use of stolen property. He could be sentenced to up to 20 years in prison for each offense.

InsideEVs

Dollar Strength Causes Bitcoin Weakness

Bitcoin (CRYPTO: BTC) remains below the 2017 all-time-high which is concerning for bulls.

Benzinga

Bank of England Looks To Minimize Crypto Risk With 'Enhanced Regulation'

Bank of England’s Financial Policy Committee has announced the need for improved regulation of the cryptocurrency sector, following the recent market crash.

Benzinga

If You're Thinking Of Catching The Bitcoin Falling Knife, Here Are 3 Reasons To Consider Waiting

Bitcoin (CRYPTO: BTC) has been in a major downtrend over the past few months. Currently trading at $19,791, down from its all-time high of over $68,000. Prior to Bitcoin’s latest crash, the cryptocurrency had been floating between $28,000 and $32,000 for numerous months.

Benzinga

Nexo Seeks To Acquire Beleaguered Crypto Lending Firm Vauld: What You Need To Know

Crypto lender Nexo on Tuesday announced it has signed an indicative term sheet with its rival Vauld to acquire a 100% stake in the company. The agreement grants Nexo a 60-day exclusive exploratory period related to its intended acquisition of Vauld, pending a satisfactory outcome of the due diligence process.

Benzinga

Mohamed A. El-Erian: Believe it or not, the market has three silver linings

To say that the first half of the year was painful for investors would be a big understatement. They suffered large losses on their holdings of stocks, corporate bonds, emerging markets, crypto and other assets; and, for most of the last six months, they received no protection from government bonds…

Tribune News Service

Benzinga Before The Bell: Record Inflows In 'Short Bitcoin' Funds, Elon Musk's Trillionaire Possibility, Gmail's Political Bias And Other Top Financial Stories Tuesday, July 5

Reuters

Benzinga

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The Times of India

Crypto exchanges hunker down as woes pile up in India

NEW DELHI: India’s largest digital assets exchanges are bracing for a drawn-out crypto winter — one with some unwelcome local twists.

Bangkok Post

Bitcoin hints at a bottom, but it may be different this time

It’s a perennial exercise whenever an asset is mired in a prolonged and deep drawdown: People look at the charts, they go over this or that indicator and they get their checklists out to try to figure out when it might find a floor. For Bitcoin, there’s plenty of such…

Asharq Al-Awsat

Cryptoverse: The Bonfire of the NFTs

The NFT dream isn't dead, but it's taken a big non-fungible beating. The market shone gloriously last year as crypto-rich speculators spent billions of dollars on the risky assets, pumping up prices and profits. Now, six months into 2022, it's looking ugly. Monthly sales volume on the largest NFT marketplace,…

Bangkok Post

Voyager Digital halts all trading after 3AC default

Major crypto exchange Voyager Digital halted all trading, deposits and withdrawals, preventing all users from accessing their funds after losing over half of its assets from Three Arrows Capital's (3AC) default on a loan worth over US$650 million.

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Inverse

'GTA 6's most controversial rumor probably won't happen — here's why

'Grand Theft Auto 6' rumors claim Rockstar's game will include cryptocurrency. Here's why 'GTA 6' will probably include crypto, but not the way the rumors say.

Bangkok Post

Crypto lender Vauld freezes withdrawals, eyes restructuring

Vauld, a crypto lender backed by Coinbase Inc, said it froze withdrawals and hired advisers to explore a potential restructuring, joining rivals from Celsius Network to Babel Finance in resorting to last-ditch measures to survive the market rout.

Asharq Al-Awsat

Mixed Fortunes of Celebrities Who Leapt on NFT Craze

Sports, film and music stars have all flocked to the NFT market to buy pictures of apes, endorse corporate partners or even launch their own art collections. Even as the crypto sector suffers a rout with sales and values plunging and scams proliferating, celebrities continue to sign up to the…

The Conversation

Cryptocurrencies are great for gambling – but lousy at liberating our money from big central banks

The dream that decentralised finance – or “DeFi” – can free the monetary system from the clutches of governments and banks has helped launch 20,000 cryptocurrencies.

Los Angeles Times

6 indicted in cryptocurrency and NFT fraud schemes that netted more than $130 million

LOS ANGELES — Six people have been indicted in four separate cryptocurrency fraud cases involving more than $130 million in losses, including the single largest NFT scheme charged to date, federal prosecutors said this week.

Benzinga

Benzinga Bulls And Bears Of The Week: AMC, Coinbase, Apple, Tesla And The Crypto Everyone Is Watching

Benzinga has examined the prospects for many investors' favorite stocks over the past week, while offering a 24/7 news feed, live chat and charting software on Benzinga Pro.

The Independent UK

Ancient philosophy, crypto and mini golf among British Wimbledon stars’ hobbies

British stars Ryan Peniston, Alastair Gray, and Lily Miyazaki spoke with the PA news agency about what they get up to off the court.

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