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The Latest Breaking News from Cryptocurrency

Sen. Pat Toomey on Cryptocurrency and FTX's Collapse

"It's not clear that FTX would have existed, at least at its scale, if we had domestic guidelines for American companies," the former senator tells Reason.

Reason

India imposes money laundering provisions on crypto sector

NEW DELHI: India has imposed money laundering provisions on the cryptocurrency sector, the latest step by the government to tighten oversight of digital assets.

The Times of India

Bitkub to invest in AI startup ThaiGPT

Bitkub, Thailand's leading cryptocurrency exchange, will invest in the newly-established ThaiGPT as part of the company's strategy to expand the business to the research and development of artificial intelligence (AI) technology.

Bangkok Post

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Bankman-Fried might use flip phone under stricter bail plan

Prosecutors and attorneys for FTX founder Sam Bankman-Fried are requesting the disgraced cryptocurrency entrepreneur be allowed a flip-phone or another device that’s not a smartphone while on bail

The Independent UK

Top 5 artificial intelligence (AI) cryptocurrencies

AI cryptocurrencies are a relatively new frontier in the crypto space, combining decentralised finance with machine learning technology.

Evening Standard

Bitcoin falls 5% overnight to $22,300—after touching $25,000 last month—as Silvergate troubles weigh on price

The cryptocurrency briefly broke $25,000 just last month.

Fortune

Martin Lewis issues scam warning after man loses £12,000 in 'devious' ploy

A caller on This Morning had been conned out of thousands of pounds in a cryptocurrency scam, which Martin said made him feel "sick".

Daily Record

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Former FTX head of engineering Nishad Singh pleads guilty in billion-dollar fraud case

NEW YORK — The former head of engineering at Sam Bankman-Fried’s bankrupt cryptocurrency trading firm FTX owned up to fraud charges on Tuesday, federal prosecutors said.

Tribune News Service

Martin Lewis warns ITV This Morning viewers about scams that leave him feeling 'slightly sick'

A caller, John, said he had lost over £12,000 to a cryptocurrency scam

Wales Online

Nishad Singh, former FTX head of engineering, pleads guilty in billion-dollar fraud case

The former head of engineering at Sam Bankman-Fried’s bankrupt cryptocurrency firm owned up to fraud charges on Tuesday, federal prosecutors said.

Tribune News Service

Robinhood received SEC subpoena shortly after FTX collapsed

The subpoena is another potential threat to Robinhood's struggling crypto business.

Fortune

Disgraced FTX founder Sam Bankman-Fried has another big problem: He won't shut up

Most white-collar defendants lay low, but the ex-CEO of the collapsed cryptocurrency exchange FTX has been talking, tweeting, and sending email newsletters. Those comments could come back to hurt him.

WEKU

The most famous basketball sponsorship in history

As one of the most popular sports in the world, basketball attracts sponsors from all business verticals. If you check the list with fast payout casinos , you will probably notice some very familiar brands. How come? Well, some of them invested ...

USA Today Sports Media Group

Town official set up secret cryptocurrency mining operation in crawl space at local school, police say

Nadeam Nahas accued of connecting bank of computers to the electrical system at Cohasset Middle High School

The Independent UK

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Fortune

Crypto Twitter went wild speculating about Coinbase’s blue dot. Here’s what it meant

The announcement from the world’s second-largest cryptocurrency exchange is another attempt to diversify its products amid a bear market.

StockNews.com

Is This Cathie Wood Stock a Buy, Sell or Hold in 2023?

Shares of cryptocurrency exchange platform operator Coinbase (COIN) witnessed a steep decline last year due to the crypto market collapse. The stock is expected to plunge further this year since cryptocurrencies are expected to remain under pressure amid rising interest rates, regulatory concerns, and recession fears. However, Cathie Wood’s ARK…

The Times of India

Coinbase, the biggest US cryptocurrency exchange, posts $557 million loss in Q4

NEW YORK: Coinbase Global Inc, the biggest US cryptocurrency exchange, posted a $557 million loss and saw revenue tumble 75% in the fourth quarter as trading volumes plunged amid a series of prominent industry bankruptcies and scandals.

Fortune

Galois Capital—which shorted crypto fraud Terra—can’t avoid contagion of FTX

Galois has agreed to sell its claim against FTX.

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Bangkok Post

Beijing quietly backing HK crypto plans

HONG KONG: In October, Hong Kong rolled out the red carpet for cryptocurrency businesses to help revitalise the embattled financial hub. Signs are now emerging that the push has under-the-radar backing from Beijing, providing impetus for mainland Chinese firms to return.

USA Today Sports Media Group

SEC charges former Celtic Paul Pierce with fraudulent promotion of cryptocurrency

Former Celtic Paul Pierce agreed to pay $1.3 million in fines following SEC charge of misleading cryptocurrency promotions.

Los Angeles Times

Michael Hiltzik: The government crackdown on crypto is well underway. Get out while you can

The sun may be setting on the cryptocurrency craze. If you're an investor or even just a curiosity-seeker on the fringes of this financial segment, you might want to prepare for its demise.

Fortune

The 5 best cryptocurrency apps and exchanges for February 2023

We compared various crypto apps and exchanges and weighed account minimums, cryptocurrency offerings, fees, mobile app ratings, and more.

France 24

US moves to tighten regulations on crypto sector

The United States is taking a step towards protecting cryptocurrency investors, as the Securities and Exchange Commission moves towards new regulations. Tim Byun, Global Government Relations Officer at OKX, speaks to FRANCE 24 about the potential implications for the industry, and how the collapse of FTX affected public perception of…

Los Angeles Times

'Financial criminals love crypto' and other takeaways from a Senate hearing on cryptocurrency

WASHINGTON — A Senate panel met Tuesday morning to hear from a trio of expert witnesses about what the federal government can do to create safeguards for digital assets such as cryptocurrency.

The Independent UK

Sam Bankman-Fried summoned to NYC by judge over bail rules

FTX founder Sam Bankman-Fried has been ordered to return to a New York courtroom Thursday after the judge assigned to his fraud case said he's communicating with others in ways the government can't monitor

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