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The Latest Breaking News from Cryptocurrency

Crypto fund fraudster gets nine years in $249 million scheme

The Long Island, New York, man who admitted swindling hundreds of millions of dollars from investors through his EminiFX cryptocurrency and foreign-exchange platform was sentenced to nine years in prison.

The Times of India

Robert F. Kennedy Jr. still boosts Bitcoin, despite alleged conflict of interest, and wants to exempt the cryptocurrency from capital gains taxes

The Democratic candidate for president’s family trust holds between $100,000 and $250,000 in the cryptocurrency.

Fortune

Lessons from the rise and fall of Sam Bankman-Fried and FTX

Former cryptocurrency king Sam Bankman-Fried has grown quieter as he approaches his federal fraud and conspiracy trial this fall.

The Philadelphia Inquirer

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National Australia Bank Restricts Payments To High-Risk Crypto Exchanges

NAB joins other major Australian banks in curbing access to digital asset platforms amid rising concerns over scams.

Zenger

Betting firm logos shown on TV up to 3,500 times in Premier League matches, study finds

Average was once every 16 seconds across 10 matches last season, with a total of 3,522 in West Ham v Chelsea

The Guardian - UK

Cryptocurrency Market To Expand By $1,815.78M With 15.81% CAGR By 2027: Technavio

Increased investments, accessible wallets, and fintech spending drive growth; Web3 ecosystem at a critical juncture

Zenger

‘I know about lying, I do it for a living’: How Ben McKenzie went from The OC heartthrob to crypto’s biggest critic

The OC star has made a ‘bizarre career pivot’, embedding himself in the cryptocurrency community, and co-writing a book exposing the truth behind digital currencies

The Guardian - UK

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Winklevoss Slams Biden’s ‘War On Crypto,’ Alienating Youth

Gemini co-founder criticizes administration's attack on younger demographic's financial interests.

Zenger

FTC Investigates OpenAI Over Inaccurate Information From ChatGPT

Plus: Few Americans support full abortion bans, a win for cryptocurrency in Ripple case, and more...

Reason

Tom Cruise’s ‘Mission: Impossible’ Sequel Explores Crypto And AI Trends

Tom Cruise returns in 'Mission: Impossible' with plots intertwining cryptocurrency and artificial intelligence

Zenger

Ripple’s Partial Victory Propels Cryptocurrencies To New Heights

Bitcoin and other major digital assets surge as XRP ruling sparks bullish sentiment

Zenger

Founder of failed crypto lending platform Celsius Network arrested on fraud charges

The founder and former CEO of the failed cryptocurrency lending platform Celsius Network has been arrested on federal fraud charges alleging that he schemed to defraud customers by misleading them about key aspects of the business

The Independent UK

Central Banks Pen Scathing Letter On Cryptocurrencies: Challenges Outweigh Innovation

Global central banks expressed doubt to the finance ministers of the world's 20 biggest economies about cryptocurrency's suitability

Zenger

Options Traders Send a Worrying Signal About Cipher Mining (CIFR)

With economic data not really moving favorably for Cipher Mining and the underlying cryptocurrency market, investors need to be cautious about CIFR stock.

Barchart

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The Guardian - AU

More scrutiny of Australian financial services licences needed, says parliamentary committee after collapse of FTX

Asic did not assess cryptocurrency trading company’s fitness to hold a licence as it was obtained via transfer

Fortune

Robert F. Kennedy Jr. said he ‘was not an investor’ in Bitcoin. Financial disclosure form reveals he holds north of $100,000 in the cryptocurrency

The Democratic candidate for president is a noted Bitcoin booster.

Evening Standard

Why are the kings of crypto setting up shop in London?

If you thought the blockchain game was up, think again. With a raft of new rules for digital assets in the pipeline, Gavin Haynes examines the ways our city is sitting pretty as the future home of the crypto universe

Tribune News Service

Sam Bankman-Fried reportedly backed out of Taylor Swift-FTX partnership, not other way around

Taylor Swift wasn’t the one who backed out of a partnership with cryptocurrency exchange FTX, before the company went bankrupt, despite claims to the contrary.

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Sports Illustrated

Report: How Much Money Tom Brady Lost With Collapse of FTX Last Year

The former quarterback was one of many celebrities caught up in the cryptocurrency craze.

Fortune

Bitcoin hits 14-month high after BlackRock’s Larry Fink calls it an 'international asset' in TV interview

The cryptocurrency surpassed the 52-week high it hit just weeks ago.

Fortune

Crypto lender Cred collapsed in 2020 after pulling in $135 million from customers. Its shady dealings foreshadowed FTX’s downfall—but regulators didn’t notice

Cred and its successor Earnity have been accused of using many sloppy tactics from the Sam Bankman-Fried playbook.

Newsroom.co.nz

Cryptopia liquidator optimistic about the future of crypto

Overseeing the collapse of the exchange hasn't put Grant Thornton off the block chain.

Daily Mirror

Retired financial advisor lost £80,000 in 'horrendous' crypto scam while his dad was dying

Simon Hoadley was convinced to start investing in cryptocurrency during the coronavirus pandemic - but he ended up handing over £80,000 to unscrupulous scammers

Zenger

Bitcoin Dominance Level Reaches Highest Point Since April 2021, Surpassing 50%

On Tuesday, the price of the world’s largest cryptocurrency surged to $31,371, driven by heightened optimism.‌

Zenger

China’s Leading Central Bank Official Critical Of Cryptocurrencies Appointed To Top Position

Pan Gongsheng, known for his skepticism towards Bitcoin and other cryptocurrencies, to head People's Bank of China

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