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The Latest Breaking News from Cryptocurrency

SEC tightens rules for cryptocurrency trading

The Securities and Exchange Commission (SEC) is tightening rules for cryptocurrency trading to increase investor protection, demanding digital asset operators include risk disclosure in their advertisements and prohibiting them from providing services or supporting deposit taking and lending.

Bangkok Post

After losing money in cryptocurrency, 35-year-old engineer hatches his own kidnapping to extort money from parents in Lucknow

LUCKNOW: A 35-year-old engineer named Naman Kumar allegedly staged his own kidnapping to extort money from his family after he lost money in cryptocurrency. The man, who works for an IT company, allegedly posed as the "kidnapper" and called his parents through different voice modulation apps to threaten them.

The Times of India

Engineer fakes his own kidnapping to extort money from parents after cryptocurrency loss in Lucknow

The Times of India

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40 CS:GO traders have been banned by Valve in latest crackdown

Valve has banned around 40 CS:GO traders in an effort to crack down on an emergent cryptocurrency scheme.

TechRadar

The dramatic resurgence of Bitcoin is the biggest surprise of the year

Business & investing: There's a mixed scorecard for the markets at the halfway point of the year, but the world’s most popular cryptocurrency is powering higher thanks to renewed interest by some of the world’s largest investment funds. Andrew Patterson reports.

Newsroom.co.nz

Institutional Investors Embrace Bitcoin As FOMO Takes Hold

BlackRock, Deutsche Bank, Santander, and others reverse cautious stance, signaling a shift in the financial landscape.

Zenger

Over 63% Of Institutional Players Optimistic About Cryptocurrency Sector, Binance Survey Finds

88% of participants anticipate a bright future for cryptocurrencies, with increased adoption and regulatory transparency as key factors.

Zenger

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Drug dealer who used the dark web caught after FBI tip off

Withers paid for drugs using cryptocurrency in a bid to hide identity

Manchester Evening News

Ethereum- Why is the Second-Leading Crypto Underperforming Bitcoin?

Bitcoin and Ethereum are the leading cryptocurrencies, with over 69% of the asset classes’ market cap. Since mid-June, Bitcoin has taken off on the upside, reaching a new high for 2023. However, Ethereum has lagged behind the top cryptocurrency.

Barchart

Fake AI crypto scam ads of celebs like Bear Grylls, Ian Wright rising on Facebook and Twitter

Bear Grylls, Ian Wright, and Gino D’Acampo have become the latest celebrities to be targeted by AI-generated cryptocurrency scam adverts on social media, The Standard has found

Evening Standard

FTT jumps as much as 33% on news of potential FTX 'reboot'

The cryptocurrency has hovered at about $1 since FTX declared bankruptcy.

Fortune

Israel Seizes Crypto Wallets Connected To Iran’s Quds Force, Lebanon-based Hezbollah

Millions of dollars worth of digital currency earmarked for terrorism confiscated in unprecedented effort.

Zenger

Circle Eyes Hong Kong’s Growing Crypto Market Amid Regulatory Changes

Circle Internet Financial is paying close attention to Hong Kong's digital assets markets after the implementation of new cryptocurrency regulations.

Zenger

North Korean Hackers Focused On Espionage, Report Reveals

Recorded Future report challenges the perception of North Korean hackers as solely financially motivated cybercriminals.

Zenger

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Zenger

FATF Urges Implementation Of Travel Rule To Combat Cryptocurrency-related Crime

Global financial watchdog calls for prompt action to address anti-money laundering and counter-terrorism financing in crypto activities.

WEKU

He lost $340,000 to a crypto scam. Such cases are on the rise

He thought he was investing in cryptocurrency. In fact, he was being swindled out of his life savings. There has been a 900% increase in such cases since the pandemic began, federal regulators say.

Fortune

Bitcoin roars past $31,000 to 52-week high as interest from TradFi firms spurs trading

The cryptocurrency continues to see gains in the wake of TradFi firms making major crypto announcements.

The Conversation

Almost no one uses Bitcoin as currency, new data proves. It's actually more like gambling

Bitcoin boosters like to claim Bitcoin, and other cryptocurrencies, are becoming mainstream. There’s a good reason to want people to believe this.

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Tribune News Service

Erika Ettin: Look out for these 5 red flags to avoid online dating scams

It seems like every other day, there’s an article about someone falling for a scam that started on a dating website or app. The latest: A recently divorced woman was swindled out of $100,000 by a scammer she met on Tinder. In a months-long scheme, the scammer convinced her to…

The Guardian - UK

Tory peer faces questions over links to cryptocurrency lobbying firm

James Wharton is helping to forge Westminster connections for the cryptocurrency sector

The Independent UK

Under court deal, Binance can continue U.S. operations as it battles SEC fraud charges

The U.S. Securities and Exchange Commission and Binance have reached a court agreement that lets the world’s largest cryptocurrency exchange continue to operate in the United States as it battles SEC fraud charges

The Conversation

US regulators continue crypto crackdown – but here's why the latest charges are different

The US Securities and Exchange Commission (SEC) sued the cryptocurrency platform Coinbase shortly after launching a lawsuit against the world’s largest cryptocurrency exchange, Binance.

The Independent UK

With Sam Bankman-Fried looking on, judge seems skeptical of request to reject criminal fraud charges

FTX founder Sam Bankman-Fried's lawyers encountered a skeptical federal judge when they argued that he should toss out criminal fraud charges their client faces after the collapse of his cryptocurrency business

The Independent UK

A Missouri doctor's death is steeped in mystery and speculation. Authorities aren't talking

Many of the people who knew John Forsyth are at a loss to explain the Missouri emergency room doctor's death

Fortune

Bitcoin dips below $25,000 as Fed takes hawkish tone after pausing interest rate hikes

The broader crypto market followed suit, as the total market capitalization for all cryptocurrencies dropped about 4%.

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