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The Latest Breaking News from Crypto

Understanding How Stablecoins Have Fared In The Crypto Bear Phase

Cryptocurrencies have long been considered a hedge against inflation and a better alternative to fiat currencies that are susceptible to devaluation concerns. Most cryptocurrencies have significantly underperformed benchmark stock market indices due to liquidity pressures brought about by the tightening of monetary policy by leading central banks such as the U.S.…

Benzinga

Women Are Showing Great Potential In Driving The Development Of Web 3

Victoria, Seychelles — Global cryptocurrency exchange KuCoin has released the Web 3 Career Market report exploring professional engagement in the decentralized internet sector. The report compassed 3,608 internet users aware of Web 3 across Twitter and LinkedIn.

Benzinga

How an anonymous crypto confession box is revealing investors’ tales of loss and despair

Anonymous confession sites have flourished in the digital age. A new site is prising open crypto’s black box, revealing the levels of despair among investors, its creator tells Bevan Hurley.

The Independent UK

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Amid the hype, they bought crypto near its peak. Now, they cope with painful losses

Many first-time investors bought Bitcoin and other cryptocurrencies as they neared all-time highs, and crypto companies spent millions on marketing. Today, they are coping with painful losses.

WEKU

Adrian Peterson–Le’Veon Bell Boxing Match Postponed

The bout between former top backs was slated for July 30 at Crypto.com Arena in Los Angeles.

Sports Illustrated

Bitcoin, Ethereum, Dogecoin Plunge As Rate Hike, Recession Fears Pin Down Risk Assets: Here Are 2 Key Apex Crypto Time Frames

Major coins declined sharply Monday evening as the global cryptocurrency market cap fell 5.9% to $979.9 billion at press time.

Benzinga

Bitzero to buy old North Dakota missile site for data center

Gov. Doug Burgum says a crypto mining company is planning to redevelop a northeastern North Dakota anti-ballistic missile site abandoned in the 1970s into data center that may be used for the mining of bitcoin and other digital currencies

The Independent UK

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Bitcoin Shows Indecision As Markets Await Apple, Amazon, Meta Platform Earnings

Bitcoin (CRYPTO: BTC) was sliding about 3% lower on Monday after rejecting the 200-day simple moving average on the weekly time frame for the sixth straight week in a row.

Benzinga

A Look At Coinbase, Riot Stocks As Bitcoin And Ethereum Signal Indecision

Coinbase Global, Inc (NASDAQ: COIN) and Riot Blockchain, Inc (NASDAQ: RIOT) were trading down over 2% and 3%, respectively, on Monday in sympathy with Bitcoin (CRYPTO:

Benzinga

Crypto Crash 2022 - Is Cryptocurrency Still Worth the Fight In A High Net Divorce?

By Sean M Cleary The all-time highs of cryptocurrency in 2021 now seem like a distant memory, as the 2022 crypto crash has seen major digital assets give back the gains made during their historic bull run. So, what is causing the crypto crash?

Benzinga

If you lost money in crypto, here's how you can get some back

If you lost money in cryptocurrency this year, there's a bit of good news. You can claim that loss on your taxes.

The Philadelphia Inquirer

Chips And 'Buy the Dip'? This Top 10 Restaurant Chain Offering A Chance To Win Bitcoin, Dogecoin And More

A leading restaurant company is celebrating National Avocado Day with a new cryptocurrency themed promotion and game that will give away over $200,000 in prizes.

Benzinga

Crypto millionaires buy Lambos as supercar ownership hits record high

London’s swanky districts of Mayfair and Belgravia came top in the UK for supercar ownership with a combined 553 cars

Evening Standard

Cryptocurrencies are gaining ground across Africa. That's both good news and bad

Cryptocurrencies have become popular in African and other developing countries. That’s according to a policy brief released recently by UNCTAD, a United Nations agency. Significant proportions of Kenya (8.5%), South Africa (7.1%) and Nigeria’s (6.3%) populations are using these digital currencies. In June, the Central African Republic adopted bitcoin as…

The Conversation

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Chicago Tribune

Good beer, great value: 10 cheap beers you’ll actually enjoy drinking, including one that’s cheaper than gas

CHICAGO — Inflation won’t quit. The price of gas has reached the stratosphere. The stock market is taking a beating. And I won’t even start on crypto.

Bangkok Post

Authorities probe potential losses for users of crypto platform Zipmex

The Securities and Exchange Commission said on Monday it was working with law enforcement to look into potential losses among the public after the crypto exchange Zipmex temporarily suspended withdrawals last week.

Bangkok Post

Troubled crypto exchange Zipmex says it’s mulling possible offer

Zipmex, the stricken cryptocurrency exchange that operates in Thailand and other Southeast Asian markets, said on Sunday it was considering a possible offer after talks with interested parties and due diligence should commence.

Benzinga

Is Ethereum Heading Toward $2,300? Here's What The Chart Suggests

Ethereum (CRYPTO: ETH) shot up almost 5% during Friday’s 24-hour trading session before the move higher was thwarted by a bearish day in the general markets that saw the S&P 500 sliding 0.8%.

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Benzinga

GRIT - Solana Is Gaining Ground

Happy Friday Everyone! 👋 There’s no telling when Crypto Winter will be over but the weather for crypto prices over the last week has been bright & sunny. We’re also seeing signs of continued investments in the space as compressed valuations attract money from unusual sources.

Benzinga

Death Threats Compelled Us To Disappear, 3AC Founders Say

Founders of the beleaguered crypto lending and borrowing firm Three Arrows Capital (3AC) say they received death threats following the collapse of their company, and that's what compelled them to disappear.

Benzinga

Bitcoin, Ethereum Diverge After Tesla Crypto Sale, Dogecoin Slips: Analyst Sees 'Enough Volatility To Make Money'

Bitcoin, Ethereum and other major coins traded mixed Thursday evening as the global cryptocurrency market rose 1.15% to $1.05 trillion at press time.

The Independent UK

Feds: 1st cryptocurrency insider trading case snares 3

A former Coinbase employee and his brother, along with a Houston man, have been charged in what federal authorities described as the U.S. government’s first cryptocurrency insider trading case

Benzinga

The loom of centralization: can exchanges bring privacy back to cryptocurrencies?

South Korea and Japan impose a blanket ban on privacy-focused currencies. ShapeShift delists Dash. Every major exchange demands pictures of your photo IDs scanned and uploaded. SEC, echoed by the Biden administration, hints at regarding crypto firms as brokers and imposing additional mandatory record-keeping requirements.

Bangkok Post

Zipmex investors face major losses

Akalarp Yimwilai founder and CEO of Zipmex said on Thursday that the exchange’s financial exposure to troubled crypto lenders Babel and Celsius is US$48 million, or 1.7 billion baht, and $5 million, or 184 million baht, respectively, as of July 21. Celsius filed for bankruptcy on July 13.

The Independent UK

Three people charged with $1.5m of insider trading on Coinbase

It’s the government’s first federal case for crypto insider trading

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