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The Latest Breaking News from Cryptocurrency

Logan Paul sued for alleged CryptoZoo ‘rug pull’

A lawsuit claims that Paul and others never delivered what they had promised and manipulated the market for the project’s cryptocurrency.

Fortune

Super Bowl 2023: The 10 most controversial Super Bowl ads ever

From robot suicide to cryptocurrency, the Super Bowl has been known to air controversial ads during the big game

The Independent UK

Warren Buffett's right-hand man Charlie Munger, who once called crypto 'rat poison,' says we should follow China’s lead and ban cryptocurrencies altogether

“A cryptocurrency is not a currency, not a commodity, and not a security,” Munger said Wednesday in a WSJ op-ed. “It’s a gambling contract."

Fortune

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Paris Perspective #38: Cryptocurrency and the Web3 revolution – Raphaël Bloch

In this edition of Paris Perspective, we delve into the roller-coaster world of cryptocurrencies, the Wild West of the Web3 revolution, and ask what we can expect in the brave new world of unregulated trading in virtual money.

Radio France Internationale

Despite SEC litigation, Ripple sold $226 million of XRP last quarter

The token at the heart of perhaps the most consequential lawsuit in the cryptocurrency industry is riding a month-long surge.

Fortune

Tech & Science Daily podcast: UK crypto regulation plans revealed

The UK government has published proposals to ‘robustly’ regulate cryptocurrency.

Evening Standard

Crypto thefts totalled $3.8bn in 2022

Thieves stole a record $3.8 billion worth of cryptocurrency in 2022 as sanctions on North Korea drove a surge in suspected hacking by the isolated country.

Bangkok Post

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Dogecoin superfans push meme coin to 2-month high

The token was up as much as 8% over the past 24 hours.

Fortune

People who posted Sam Bankman-Fried's bail should be named, U.S. judge rules

A U.S. judge on Monday said the names of two people who helped guarantee bail for indicted FTX cryptocurrency exchange founder Sam Bankman-Fried should be made public, but put his ruling on hold pending an expected appeal.

Reuters

Australian regulator had FTX under surveillance at time of collapse, documents reveal

Exclusive: Asic had concerns about crypto platform six months before spectacular failure

The Guardian - AU

‘Everything is fake’: how global crime gangs are using UK shell companies in multi-million pound crypto scams

Investigation reveals more than 150 fake firms, many with ties to China, are targeting people online, breaking their hearts – and emptying their bank accounts

The Guardian - UK

FTX's Sam Bankman-Fried, DOJ tussle over his communications

Federal prosecutors are trying to prohibit FTX founder Sam Bankman-Fried from privately contacting current and former employees of the bankrupt cryptocurrency exchange to prevent potential witness tampering in a criminal case accusing him of bilking investors and customers

The Independent UK

Bankman-Fried sought to influence witness, prosecutors say

FTX co-founder Samuel Bankman-Fried sought to influence a witness in the U.S. government’s criminal fraud case against him, prosecutors said in a filing, asking a judge to stop him from contacting former employees at the bankrupt cryptocurrency exchange.

Tribune News Service

Wyoming crypto bank's Federal Reserve application denied

The Federal Reserve Board has denied a Wyoming cryptocurrency bank’s application for Federal Reserve System membership

The Independent UK

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The Conversation

Bitcoin has shot up 50% since the new year, but here's why new lows are probably still ahead

To the delight of investors across the cryptosphere, the price of bitcoin (BTC) has rallied over 53% since its low of US$15,476 (£12,519) in November. Now trading around US$23,000, there’s much talk that the bottom has finally been reached for the leading cryptocurrency after a year of painful decline –…

Fortune

Ritchie Torres went from crypto ‘newbie’ to key ally in Washington. Now he could shape the industry’s post-FTX future

The second-term Congressman from the Bronx is one of many who got donations from Sam Bankman-Fried. He's fighting for rules that could help crypto serve the "unbanked."

The Guardian - AU

Fake text messages on the rise, but experts warn Australians most losses are from more sophisticated scams

Fake cryptocurrency or forex broker websites the most common scam in what has ballooned into a billion-dollar industry

Bangkok Post

Warning issued for Bitcoin-related stocks

Investing in Bitcoin-related stocks remains very risky, analysts warned on Tuesday amid a rally in prices as inflation has begun to slow amid market expectations that interest rate hikes will not be extreme.

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Fortune

Solana shakes off its death rattle with a 140% jump in value since the start of the year

The cryptocurrency’s underlying blockchain has also outpaced competitors in the number of developers contributing to it.

The Independent UK

Crypto firms acted like banks, then collapsed like dominoes

Over the past few years, a number of companies have attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital assets

Fortune

Coinbase stock up more than 10% since Friday, despite debt rating downgrade

The cryptocurrency exchange’s shares are now worth approximately $55. Moody’s downgraded the exchange’s debt just a day before the price rally.

AAP

Bailout backed to recoup crypto millions

Cryptocurrency firm Digital Surge will survive as creditors vote for a bailout after hours of questions put to administrators by some of the 30,000 investors.

Fortune

Bitcoin’s weekend rally pushes it above $23,000, adding to a stellar start to 2023

The cryptocurrency jumped above the $23,000 mark for the first time since last August.

Fortune

'Cryptoqueen' still on the run from the FBI after five years

Her co-founder and brother have been arrested, but Ruja Ignatova has evaded authorities for five years.

Roll Call

US Chamber of Commerce dips to second place in K Street spending - Roll Call

Mega-bills fueled the influence business in 2022, as lobbyists pivot to dealing with divided government in 2023.

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