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The Latest Breaking News from Crypto

TechScape: why you shouldn’t worry about sentient AI … yet

A researcher says Google has created an AI being with smarts and soul, but my own attempt reveals the truth behind those claims. Plus, the latest crypto crash

The Guardian - UK

Bitcoin crashes further as crypto market losses top £300 billion in a week

The crash has now wiped over £300 billion from the combined value of crypto assets

Evening Standard

Coinbase to lay off 18% of workers as crypto winter worsens

Coinbase Global Inc announced Tuesday will lay off 18% of its workforce in another sign of a worsening crypto downturn that’s shaved off trillions of the total cryptocurrency market value.

Bangkok Post

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Elon Musk's First Reaction To Latest Crypto Bloodbath Is Here

Tesla Inc.

Benzinga

Three Arrows Co-Founder Gives Pace To Insolvency Rumors: 'Fully Committed To Working This Out'

Zhu Su, the co-founder of the cryptocurrency investment firm Three Arrows Capital has spoken out on social media as rumors swirl around the hedge fund’s impending insolvency.

Benzinga

Bill Gates blasts crypto, NFTs as based on ‘Greater-Fool’ theory

Billionaire Bill Gates dismissed cryptocurrency projects such as nonfungible tokens as shams “based on the greater-fool theory” at a climate conference Tuesday, reviving past criticisms of digital assets.

The Times of India

Bitcoin, Ethereum, Dogecoin Subdued Ahead Of Fed Meet: Crypto Layoffs Abound As Bear Market Bites

Bitcoin, Ethereum and other major coins were trading lower on Tuesday evening as the global cryptocurrency market cap fell 0.6% to $986 billion at press time.

Benzinga

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Celsius Faces Liquidity Crisis, But How Are Other Crypto Firms Faring?

Global markets took a catastrophic hit yesterday, as the Nasdaq was down 4.60% and the S&P 500 was down 3.88%. Crypto suffered the most, as Bitcoin dropped over 20% to reach a low of $20,800. Ever since the crypto rally in November, in response to Bitcoin ETF Futures product being…

Benzinga

Do You Believe Bitcoin Is Heading Below $15K, Ethereum Below $1K And Dogecoin Below 5 Cents By The End Of October?

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following questions to over 1,000 Benzinga visitors on cryptocurrency investing:

Benzinga

Coinbase lays off 18% of its workforce. The CEO cites an upcoming crypto winter

The company's platform allows people to buy and sell cryptocurrency. It had just gone public last year.

WEKU

If You Held $1,000 In Bitcoin, Ethereum, And Dogecoin On New Year's Day, Here's How Much You Would've Lost This Year

The cryptocurrency markets have been in a sharp downtrend over the last week. The market cap of the crypto sector currently sits at $977 billion, which is approximately one-third of its all-time high. Consequently, retail investors globally have suffered major losses, as most cryptocurrencies are trading 70% below their all-time…

Benzinga

A Ponzi scheme is a Ponzi scheme, crypto or otherwise

A facet of the crashing crypto game has reminded me of a journalistic failure 25 years ago, a story that got away and cost mugs millions of dollars.

The New Daily

What Is The Price Of Bitcoin Right Now?

The worldwide cryptocurrency market capitalization is at $947.8 billion, up from $943.6 billion on Tuesday morning.

Benzinga

Mistaken Identity? Drink Maker Celsius Falls 10% On Monday

“What’s in a name? That which we call a rose by any other name would smell just as sweet.” A beverage company might be wishing it didn’t share a name with a cryptocurrency platform after being mistakenly linked.

Benzinga

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Benzinga

Crypto Valley Exclusive: Partisia CEO Discusses Changing The Internet Economy's Business Model

Kurt Nielsen, CEO and co-founder of blockchain company Partisia, recently spoke with Benzinga at the Crypto Valley ev

Benzinga

Mike Novogratz Says Bitcoin Will 'Explode North' The Moment This Happens

The cryptocurrency market has been following traditional markets lower since the start of the year, but one investor said crypto will lead markets higher on the other side of the Federal Reserve's most aggressive tightening cycle in more than 40 years.

Daily Mirror

Bitcoin prices crash to 18-month low - what experts think will happen next

Bitcoin prices are falling after a series of blows, and now financial professionals say cryptocurrencies could crash even further as investors stand to lose even more money

Benzinga

Ethereum Whale Moves 16,518 ETH Off Gemini

What happened: An Ethereum (CRYPTO: ETH) whale sent $20,027,194 worth of Ethereum off Gemini. The ETH address associated with this transaction has been identified as: 0xeb37033cf75339ee581a652acb1552e7ac9db485

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Benzinga

Someone Just Sent 6,800 Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $150,847,252 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1BDDP24sXewavb22C5cTEiQQDU5Qcn9957

Benzinga

$300M In Bitcoin Was Just Transferred Between 2 Wallets

What happened: $300,214,336 worth of Bitcoin (CRYPTO: BTC) was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's bitcoin wallet address has been identified as: 3C6zA5jP5f8s6CNihAgBWXrmEdtvUypxbc

Benzinga

This Wallet Just Transferred $300M Worth Of BTC

What happened: $300,313,043 worth of Bitcoin (CRYPTO: BTC) was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's bitcoin wallet address has been identified as: 3HpLwTSsQJAARos9uD6sjd5euL8UV7SXua

Benzinga

$304M In Bitcoin Was Just Transferred Between 2 Wallets

What happened: $304,616,694 worth of Bitcoin (CRYPTO: BTC) was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's bitcoin wallet address has been identified as: bc1q772l2adplfnzlfv9ywtwmhmrykt66kvwql08tw

Benzinga

Celsius Posts 7000+ Bitcoin As Collateral: Here's The Updated Price Of A Complete Liquidation

Over the past 3 days, Celsius (CRYPTO: CEL) has added over 7000 Wrapped Bitcoin (CRYPTO: WBTC) to avoid the risk of mass liquidation.

Benzinga

Cryptocurrency Is Becoming an Absolute Game Changer in Today's Real Estate Transactions

In just a few short years, the public’s perception of cryptocurrency has evolved dramatically. It began with many first seeing it as a novel but impractical idea, then as a scam, then as a valid but volatile investment, and now, it’s finally starting to be seen as a legitimate form…

Axios

Coinbase lays off 1,100 full-time workers over recession fears

CEO Brian Armstrong said managing costs would be critical with the possibility of recession leading to a crypto winter.

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