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The Latest Breaking News from Crypto

‘Let Crypto Build,’ Says Congressman Tom Emmer

The latest “crypto winter” following the collapse of Terra/Luna (R-MN), who discussed the challenges and pitfalls of crypto that may lay ahead because of the specter of federal regulation and intervention. Politicians are often reactive – responding to a problem, or at least a perception of a problem, with artificial…

Zenger

The Underground World Of The Ethereum Magicians: Benzinga Interviews Anett Rolikova At EthCC 5

The Fellowship of Ethereum (CRYPTO: ETH) Magicians operates as an open forum, with a focus on helping to improve the Ethereum network. The group allows members to come and go as they please, and refers to Ethereum as “Magic,” since this new technology often feels so advanced.

Benzinga

Bank Of England Warns On Metaverse Growth: Could Cause 'Financial Instability'

The growth of an open and decentralized metaverse may scale up the existing risks from crypto assets and could cause financial instability in the real world, according to the Bank of England.

Benzinga

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How Blue Chips Like Bitcoin, Ethereum Are Performing Vs. Meme Coins In Crypto Winter

Beginning with Bitcoin (CRYPTO: BTC) which was launched in 2009, the crypto market has grown exponentially to now offer more than 20,000 unique crypto tokens from which investors can choose.

Benzinga

Should Crypto Bulls Avoid Coinbase Stock? Why This Investor Says 'Just Buy Bitcoin'

Coinbase Global Inc (NASDAQ: COIN) shares jumped more than 30% over the last week after the company announced a partnership with

Benzinga

Crypto sector lobbying expenditures up a third in second quarter

WASHINGTON — Spending by the cryptocurrency lobby hit a record high last quarter, as members of Congress from both parties and chambers proved willing to engage with the industry’s top priorities.

Tribune News Service

Singapore regulator reiterates crypto dangers amid Hodlnaut woes

Cryptocurrency investment is “highly hazardous” but meltdowns in the sector have not created financial-stability risks for Singapore, regulators in the city-state said after another digital-asset firm ran into trouble.

Bangkok Post

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Dogecoin Daily: Price Firm Above 7 Cents, Lucky Node Runners To Get Customized Profile Pictures

Dogecoin (CRYPTO: DOGE) traded 4.1% higher at $0.07 over 24 hours leading up to early Tuesday morning. DOGE traded in the green in tandem with other major coins as the global cryptocurrency market cap rose 0.6% to $1.1 trillion.

Benzinga

Crypto sector lobbying expenditures up a third in second quarter - Roll Call

The cryptocurrency industry set a new spending record on lobbying in the latest quarter as it becomes a bigger issue in Washington.

Roll Call

Bank of Thailand to get more powers in crypto law overhaul

The government plans to overhaul digital rules to confer more powers on the central bank and tighten the oversight of platforms offering cryptocurrencies and other tokens after a recent market rout left retail investors reeling from losses.

Bangkok Post

US cracks down on crypto service Tornado Cash over 'money laundering' links to North Korean hackers

The US Treasury imposes measures over its alleged use by cyber criminals and North Korean hackers.

ABC News

Bitcoin Trails Ethereum In Gains: 'Insane' Relief Rally Or 'Massive Fakeout', What's Next?

Ethereum dominated among major coins Monday evening as the global cryptocurrency market cap rose 2.5% to $1.1 trillion at press time.

Benzinga

Closing off-chain fund transfers with WazirX: Binance

Effective from August 11, Binance will cease to support off-chain fund transfers between WazirX exchange and Binance via the "Login with Binance" option after the Enforcement Directorate froze ₹64.67 crore worth bank deposits of WazirX

The Hindu

Singapore-based crypto lender Hodlnaut suspends withdrawals

HONG KONG: Hodlnaut, a Singapore-based crypto currency lender and borrower, has suspended withdrawals, swaps and deposits, the company said on Monday, the latest sign of stress in the cryptocurrency industry.

Bangkok Post

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Bangkok Post

Zipmex to ease some bitcoin, ether withdrawals after altcoins

Asia crypto exchange Zipmex Pte will allow users to partially withdraw Bitcoin and Ether from their trading accounts starting later this week, providing some relief to those caught by the recent meltdown in the digital asset market.

Benzinga

Who Owns WazirX? Founder And Binance CEO Disagree Amid Money Laundering Probe

A day after the Indian Enforcement Directorate (ED) froze assets worth $8.1 million of cryptocurrency exchange firm WazirX as part of a money laundering probe, a Twitter war has broken out between the exchange’s founder Nischal She

Benzinga

Indian Law Agency Freezes $8.1 Million Of WazirX Funds As Part Of Anti-Money Laundering Probe

The Enforcement Directorate (ED), tasked by the Indian government to probe major financial crimes, announced Friday it had frozen assets worth $8.1 million of cryptocurrency exchange WazirX as part of an investigatio

Benzinga

If You Invested $1,000 When Jim Cramer Sent This Tweet About Coinbase, Here's How Much You'd Have Now

Coinbase Inc (NASDAQ: COIN) is an option for anyone wishing to start investing in cryptocurrencies since it offers a user-friendly interface, instructional resources and robust security features. Yet some investors might be hesitant to put their money in the company's stock.

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Benzinga

A Look At Bitcoin Heading Into The Weekend: Will Dogecoin, Ethereum Be Affected?

Bitcoin (CRYPTO: BTC) was trading mostly flag during Friday’s 24-hour trading session after attempting to break up bullishly from a falling channel pattern on the daily chart, which the crypto has been stuck in since July 29.

Benzinga

Meet The Company Streamlining Crypto Risk Compliance For Exchanges

This article is the first in our Fintech& series, leading up to Boston Fintech Week, which will take place from Sept. 27-29.

Benzinga

An Unlikely Match - What's Moving Crypto

Happy Friday Everyone! 👋 With the Merge approaching, Ethereum (CRYPTO: ETH) Name Service saw 378,000 new domain registrations last month. There are now over 1.8 million .eth addresses owned.

StockNews.com

3 Risky Crypto Stocks Investors Should Avoid

Bitcoin, the largest cryptocurrency, has been trading in a tight range due to the volatile economic backdrop. Moreover, with a disappointing global growth forecast, the crypto market might be bracing for more volatility. Amid this backdrop, we think crypto stocks Block, Inc. (SQ), Silvergate Capital (SI), and MicroStrategy (MSTR) might…

Benzinga

Why Competition Between NFT Marketplaces Is Good News

While crypto is in a bear market the one sector that has weathered the storm relatively well is NFTs. A new report estimates the global NFT market will be worth $231 billion by 2030, growing at a compounded growth rate of 33.7% over the next eight years.

The Times of India

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 Hindu

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…

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