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The Latest Breaking News from Crypto

Kraken CEO Jesse Powell Steps Down, Will Stay On As Board Chairman

The outspoken co-founder and CEO of the Kraken cryptocurrency exchange, Jesse Powell, on Wednesday said he was resigning as CEO of the company to focus more on the company's products and broader industry advocacy.

Benzinga

Colorado accepts cryptocurrency to pay taxes, moving the state 'tech forward'

DALLAS — Gov. Jared Polis said Coloradans can pay their taxes using cryptocurrency, making good on a plan he announced earlier this year.

The Denver Post

NY Judge Orders Tether To Produce Documents Proving USDT Backing

Stablecoin issuer Tether must disclose financial documents to verify that it's backed by the U.S. dollar, New York Judge Katherine Polk Failla says. The company is currently in a lawsuit due to allegations that it manipulated the crypto markets.

Benzinga

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As Fed's Interest Rate Decision Looms, Here's What To Watch On Bitcoin, Crypto Sector

Bitcoin (CRYPTO: BTC) was trading almost 2% lower during Wednesday’s 24-hour session after closing Tuesday’s session under the $19,000 mark.

Benzinga

Bitcoin, Ethereum Drop, Dogecoin Flat: Analyst Sees 'Peak Crypto Pessimism' Setting In Ahead Of 'Fed's Fireworks'

Major coins dropped lower on Tuesday evening as the global cryptocurrency market cap fell 2.5% to $921.9 billion at 8:18 p.m. EDT.

Benzinga

Asic bolsters its cryptocurrency team and looks to regulate more digital assets

The regulator’s potential move to classify cryptocurrencies as financial products would make selling them much more difficult

The Guardian - AU

Hacker steals £140 million from crypto firm Wintermute

Binance CEO Changpeng Zhao offered his assistance to the company

Evening Standard

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Best crypto exchanges UK for November 2022

We’ve looked at the best crypto exchanges UK in October 2022 for new and experienced investors. Learn how they work and which one you should pick.

Evening Standard

Why is Iran turning to a new ‘digital rial’?

The digital currency may improve Iran’s digital economy, but some have privacy concerns.

Al Jazeera

Bitcoin, Ethereum, Dogecoin Rise: Analyst Sees This Week's Fed Meeting As 'Ripping Band-Aid Off' Moment For Apex Crypto

The two largest coins rose at press time as the global cryptocurrency market cap increased 1.7% to $944.8 billion at 8:18 p.m. EDT on Monday.

Benzinga

Bitcoin, Ethereum Nosedive: $445M Liquidated From Crypto Market

Investors have liquidated more than $445 million from the cryptocurrency market in the past 24 hours.

Benzinga

South Korea asks Interpol to prevent Terra founder from fleeing extradition

Do Kwon denied he was ‘on the run’ as cryptocurrency sector slides in wake of ethereum merge

The Guardian - UK

Bitcoin drops below $19,000 benchmark

Tough 24 hours for cryptocurrencies as potential Federal Reserve rate hike weighs on investors

Evening Standard

Liberal senator drafts cryptocurrency bill to regulate 'stablecoins' and China's digital yuan

The use of cryptocurrency is on the rise and its lack of regulation could threaten Australia's national security, according to Liberal senator Andrew Bragg, who has drafted a private member's bill pushing for tougher regulation.

ABC News

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Financial Times

The lawless world of crypto scams

Fraudsters took advantage of the hype during the pandemic to prey on individuals — exposing a gaping hole in consumer protections

Bangkok Post

Ether falls to seven-week low; offshoot token tumbles by half

Ether dropped to a seven-week low, and a bonus token awarded to holders of the digital asset tumbled by more than 50% as crypto investors turned their attention back to the broader selloff in riskier assets.

Benzinga

Bitcoin, Ethereum, Dogecoin Have Work To Do: What To Watch This Weekend

Bitcoin (CRYPTO: BTC) was showing strength in comparison to the general market during Friday’s 24-hour trading session, despite trading slightly lower.

StockNews.com

1 Volatile Stock to Avoid During the Next Market Swing

The stock and the crypto markets have been under pressure due to macroeconomic and geopolitical concerns. Crypto mining stock Riot Blockchain (RIOT) has fallen more than 65% year-to-date. With the crypto space expected to remain under pressure in the upcoming months, it could be wise to avoid the stock now.…

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Benzinga

Bitcoin-Loving El Salvador President Nayib Bukele Running For Reelection: Here's How The Crypto Performed Since Becoming Legal Tender In The Country

In June 2021, El Salvador became the first country to make cryptocurrency Bitcoin (CRYPTO: BTC) legal tender.

Zenger

Ripples In Crypto-Land As XRP Investors Take Bets On Interbank Payments Tech

BANGKOK — One of the largest cryptocurrencies by market cap may bounce back after a hiatus. XRP, the world’s seventh largest crypto by market cap, is hoping an out of court legal settlement will turn around its recent lackluster performance. But opinions among crypto investors are still divided about where the…

Evening Standard

Crypto firms under fresh scrutiny after Biden administration proposes crackdown

The proposals extend rules on reporting suspicious activity that already apply to banks

Benzinga

White House Publishes Framework For Crypto Regulation: Could There Be A US Central Bank Digital Currency And More

After six months of research into the cryptocurrency industry, the White House on Friday

France 24

South Korea's cryptocurrency ‘guru’ Do Kwon turns fugitive

Do Kwon, the creator of the cryptocurrencies Luna and TerraUSD, has become one of the most hated men in South Korea after a Seoul court issued an arrest warrant for him this week over his alleged role in the collapse of the global cryptocurrency market earlier this year.

Benzinga

Ethereum Transitions To Proof-of-Stake

Happy Friday Everyone! 👋

Input

Coinbase pushing pro crypto-lobbying crusade through its app

Brian Armstrong, Coinbase's CEO, announced an update to the brand's mobile app that will inform users on their state politicians' crypto stances.

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