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The Latest Breaking News from Cryptocurrency

FTX failure may strengthen case for more robust crypto regulation - Roll Call

Lawmakers say the collapse of FTX should strengthen the case for Congress to pass legislation to regulate the cryptocurrency industry.

Roll Call

FTX made a cryptocurrency that brought in millions. Then it brought down the company

The now-bankrupt cryptocurrency exchange FTX made real money off of its own digital currency, called FTT. That currency is practically worthless now, but investors continue to trade it.

WEKU

Bitcoin, Ethereum, Dogecoin Surge On CZ's 'Recovery Fund' Optimism: False Rally Or True Comeback?

Major coins surged on Monday, with the overall cryptocurrency market capitalization rising nearly 4.5% to $843.35 billion.

Benzinga

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read the most diverse news in one place.

AFL stands by Crypto.com partnership amid fears of a cryptocurrency meltdown

League says no change to deal with Singapore-based exchange, as market is rocked by FTX collapse

The Guardian - AU

Is the collapse of Bankman-Fried's FTX crypto empire the end of Effective Altruism?

The one-time billionaire was closely associated with Effective Altruism. Now some fear for the movement's future.

Fortune

If You Invested $1,000 In Bitcoin 1 Year Ago, Here's How Much You'd Have Now

Leading cryptocurrency Bitcoin (CRYPTO: BTC) had a breakout year in 2021, hitting all-time highs. Recent events have sent the entire cryptocurrency market down. Here’s a look at how an investment one year ago would be doing now.

Benzinga

Blockworks' Digital Assets Summit Showcases Crypto Solutions To Real-World Problems In Banking And Money Flow

Last month, Blockworks hosted its Digital Asset Summit (DAS) at the Royal Lancaster Hotel in London, England. During this event, builders, financiers and enthusiasts gathered to speak about the new world of finance and cryptocurrency that’s still developing.

Benzinga

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Have you invested in crypto on FTX or other platforms? We want to hear from you

A prominent cryptocurrency trading platform, FTX, has collapsed cutting off investors from their holdings. If you've invested in crypto, NPR wants to hear your story.

WEKU

Why This Short Seller Is Doubling Down Against Cryptocurrency, Says 'US Government Should Be Embarrassed' About FTX Debacle

Activist investor and short seller Citron Research made headlines in 2021 for attacking stocks like GameStop Corporation (NYSE: GME) and other popular companies with the retail investment crowd.

Benzinga

Tom Brady Twitter Profile Picture Interception: No More Bitcoin Laser Eyes, Could It Be Due To FTX?

One of the greatest football players of all time has been a vocal supporter of cryptocurrency and non-fungible tokens. With a link to the recent FTX bankruptcy, the NFL player made a social media pivot.

Benzinga

‘We’ll prove them all wrong.’ Crypto backers defend sector in the wake of FTX crash

Cryptocurrency could survive the current downturn, but even industry backers say regulators need to step in.

Fortune

Binance proposes fund to save crypto from future failures

Cryptocurrency exchange giant Binance is proposing the creation of a rescue fund that would save otherwise healthy crypto companies from failure

The Independent UK

SoftBank Can't Catch A Break: Fund Invested $100M In FTX

Japanese conglomerate holding company SoftBank is positioned to take a big hit from its investments in bankrupt cryptocurrency exchange FTX. The FTX losses are just the latest in a long string of disastrous investments for SoftBank in recent years that have resulted in billions of dollars of losses.

Benzinga

Crypto: what could more regulation mean for the future of digital currencies?

The founder of the world’s largest cryptocurrency exchange, Binance CEO Changpeng Zhao, has called for more regulatory clarity after a week of crypto market chaos and a year in which investors are estimated to have lost US$2 trillion (£1.7 trillion).

The Conversation

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WEKU

The downfall of FTX's Sam Bankman-Fried sends shockwaves through the crypto world

Sam Bankman-Fried received huge plaudits and superstar status as the head of cryptocurrency exchange FTX. Now the comments aren't so kind after FTX filed for bankruptcy protection.

Reason

Bankrupt Crypto Exchange FTX Under Investigation

Plus: Democrats retain control of Senate, RIP Sharon Presley and Martin Wooster, and more...

The Guardian - UK

FTX crypto king Sam Bankman-Fried subject of new book by Michael Lewis

Bestselling writer Lewis has been shadowing Bankman-Fried as the cryptocurrency founder’s company, FTX, failed

Fortune

Most CFOs never liked crypto—even before FTX's collapse

The fall of one of the largest cryptocurrency exchanges is a finance horror story.

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The Independent UK

FTX bankruptcy also endangers founder's philanthropic gifts

The rapid collapse of cryptocurrency exchange FTX into bankruptcy last week has also shaken the world of philanthropy, due to the donations and influence of FTX founder Sam Bankman-Fried in the “effective altruism” movement

Financial Times

How North Korea became a mastermind of crypto cyber crime

Cryptocurrency theft has become one of the regime’s main sources of revenue and underlines the lack of regulation of digital assets

ABC News

ASX reverses early gains, Elders plunges on outlook, miners soar as China eases curbs

Australian shares reverse early gains, as China eases some of its strict COVID-19 rules, spurring hopes of a recovery in demand.

The Independent UK

Sam Bankman-Fried's downfall sends shockwaves through crypto

Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world’s first trillionaire

The Independent UK

EXPLAINER: What's happening at bankrupt crypto exchange FTX?

Problems mounted over the weekend for collapsed cryptocurrency exchange FTX, which was struggling to account for money that went missing hours after it filed for bankruptcy

The New Daily

Crypto scams will increase over the holidays – here’s what you need to know to not fall victim

Scammers become more active during the holidays, targeting us while we have our guard down. Here are some scams to be aware of.

The Conversation

Crypto scams will increase over the holidays – here's what you need to know to not fall victim

Each year, as the festive season arrives, we must also keep an eye out for potential scammers trying to ruin the fun. This is because scammers become more active during the holidays, targeting us while we have our guard down.

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