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The Latest Breaking News from Crypto

Billions wiped off Bitcoin and Ethereum as cryptocurrencies hit by huge overnight crash

The UK financial watchdog has urged Brits to be cautious as cryptocurrency values crash overnight following stalling stock markets and the shock performance of Bitcoin

Daily Mirror

Shanghai High Court Deems Bitcoin 'Virtual Property'

The Shanghai High People’s Court classified Bitcoin (CRYPTO: BTC) as virtual property protected by Chinese law despite a nationwide cryptocurrency trading ban still in place.

Benzinga

$400 billion crypto sell-off worsens as bitcoin slumps 10%

Trouble at a major “stablecoin” called TerraUSD, combined with interest rate rise fears, has sparked “extreme fear across the crypto market”

Evening Standard

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England's crypto club takes plunge into the unknown

An American consortium has bought an English soccer team with the ultimate aim of winning the Premier League title

The Independent UK

Crypto Market Panic Worsens As Tether (USDT) Loses Dollar-Peg

Market-wide panic ensued after Tether (CRYPTO: USDT) – the largest stablecoin by market cap – began losing its peg to the U.S. dollar.

Benzinga

Ezra Miller claims they film themself getting assaulted for ‘NFT crypto art’ in bodycam footage

‘I got assaulted in this bar, twice in a row. I film myself when I get assaulted for NFT crypto art’

The Independent UK

Crypto comes to Washington. Will the millions buy influence?

Cryptocurrency tycoons are emerging as the new power players in American politics

The Independent UK

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Chelsea 'strike £20m-a-year' shirt sponsorship deal with cryptocurrency firm

Chelsea are set to become the second Premier League club after Manchester United to agree a crypto sponsorship deal - despite the restrictions imposed on the Blues

Daily Mirror

M Vision organises expo to showcase digital assets

Driven by the hype surrounding crypto investment, M Vision Plc, the organiser of Thailand Mobile Expo, is holding Thailand Crypto Expo to showcase digital assets, exchanges and crypto mining equipment, in parallel with its four-day flagship mobile phone fair, which kicks off today.

Bangkok Post

Chelsea secure crypto shirt sponsor despite UK government sanctions amid Todd Boehly takeover

Chelsea are set to pen the first sponsorship deal of the Todd Boehly era, despite restrictions on the club

Football London

5 Top Investors Who Lost Millions From The Terra Luna Crash

TerraUSD (CRYPTO: UST) billed itself as the gold standard of algorithmic stablecoins, but the once-"stable" coin lost its peg over the weekend, plummeting by 71% at its lows and taking its sister coin Terra (CRYPTO: L

Benzinga

Fear Selling Hits Dogecoin But Here's Where To Watch For The Bounce

It was a rough morning for Dogecoin (CRYPTO: DOGE), as the crypto dropped about 32% between 8:15 a.m. and 8:45 a.m. on Wednesday before beginning to recoup some of the losses. By early afternoon, Dogecoin was trading down about 20% lower.

Benzinga

4 Coinbase Analysts On Q1 Earnings, Stock Plummet: Projections Include Short-Term Crypto Winter, Long-Term Growth

Cryptocurrency trading platform Coinbase Global Inc (NASDAQ: COIN) reported first-quarter financial results Tuesday.

Benzinga

Bitcoin Whale Moves 2,273 BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $71,948,439 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1G9kJwHJMcSTHSQFgpXmRzxWvzu8qYtUzA.

Benzinga

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Benzinga

Bitcoin Whale Moves 2,500 BTC Off Coinbase

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $77,357,065 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: bc1qfmztq2lcdvp5qrkkea2sf864yfgu4gaxdvvkj5.

Benzinga

Anonymous Crypto Wallet Moves $79M Worth Of Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $79,261,873 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1qpkw9m9uzep2tk34dgrn74j6lnmzwp6vr7nh67r

Benzinga

Bitcoin Whale Just Transferred $96M Worth of BTC Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $96,174,846 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS

The Independent UK

How to avoid ‘rug pulls,’ the latest cryptocurrency scam

With investors eager to get in early on new cryptocurrency projects, some unscrupulous developers have attracted investments, then walked away before building what they promised — leaving their supporters with worthless holdings

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Benzinga

Crypto Trading Hamster Who Outperformed Warren Buffett Is Back From The Dead And Buying Dogecoin

Mr. Goxx — the cryptocurrency trading hamster — is back to live-streaming his daily trades on Amazon Inc's (NASDAQ: AMZN) video streaming service Twitch.

Benzinga

Terra (LUNA) Sees $106M In Liquidations With 97% Crash As UST Collapses To Below 40 Cents

Terra (CRYPTO: LUNA) and its native stablecoin TerraUSD (CRYPTO: UST) brought each other down in a cryptocurrency market catastrophe that would not be easy to forget.

Benzinga

Bitcoin, Ethereum Save The Day For Russian News Outlet Critical Of Vladimir Putin

A Russian-language independent news outlet has raised more than $250,000 in cryptocurrency donations to continue reporting independent news under the Russian government crackdown and censorship.

Benzinga

Want To Buy Crypto? Check Out The Top Movers For Today

After pulling data from Benzinga Pro the following is the list of top crypto gainers and losers at the time of publication:

Benzinga

How You May Soon Be Able To Buy iPhone With Bitcoin, Dogecoin

Apple, Inc. (NASDAQ: AAPL) could be a long way from selling its products and services in exchange for cryptocurrency payments but a telecom company is working on letting you buy an iPhone with your favorite crypto.

Benzinga

Why Is Dogecoin Crashing Massively Today

Dogecoin (CRYPTO: DOGE) traded 22.3% lower at $0.09 over 24 hours leading up to Wednesday morning.

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, May 11

Reuters

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