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The Latest Breaking News from Cryptocurrency

MA5 Bot, an automated cryptocurrency trading platform, targets becoming Southeast Asia's No.1 player in the segment, with projected trading value of more than 9 billion baht and 6,000 additional users this year.

Bangkok Post

Bitcoin Spikes, Ethereum, Dogecoin Drop: Why This Analyst Is Warning Not To Get 'Too Comfy'

Bitcoin spiked on Monday evening as the global cryptocurrency market cap rose 0.4% to $1.1 trillion at 8:30 p.m. EDT.

Benzinga

Metaverse And Altcoin Officially Added To The Dictionary: Could It Be A Bullish Signal?

A leading dictionary adds new words every year to accommodate new vocabulary and slang terms used on a regular basis. Two terms — metaverse and altcoins — added to the dictionary should attract attention from the cryptocurrency and Web3 sectors.

Benzinga

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EXCLUSIVE: Crypto Exchange LBank Targets African Cryptocurrency Market With 17 Web3 Projects

LBank, an Africa-focused cryptocurrency exchange, announced Monday that it has multiple growth-oriented projects and initiatives aimed at facilitating mass adoption of Web3 applications and cryptocurrency investments on the continent.

Benzinga

3 Blockchain Stocks to Sell if You’re Bearish on Crypto

Cryptocurrency markets are expected to remain under pressure due to the impending rate hikes and regulations. Moreover, the market might witness more volatility with the Ether merger on the horizon. Hence, the blockchain stocks Block, Inc. (SQ), Coinbase Global (COIN), and Riot Blockchain (RIOT) might be avoided if you’re bearish…

StockNews.com

Ethereum upgrade brings risks for ailing crypto lender Hodlnaut

Struggling cryptocurrency lender Hodlnaut warned of risks to its assets if a looming upgrade of the Ethereum blockchain known as the Merge stokes a bout of volatility in virtual coins.

Bangkok Post

Cryptocurrency scam losses hit new high in Queensland as cost of living bites

The use of celebrity profiles and influencers is resulting in people losing record amounts of money to cyber investment scams. Victims and crime experts give tips on how to spot a scam.

ABC News

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Warren Buffett Now Owns Bitcoin: Here's How The Oracle Of Omaha Got Exposure

This article was originally published on May 14, 2022.

Benzinga

1 Bitcoin Mining Stock You Need to Sell Now

The cryptocurrency market is expected to become highly regulated in the near term. Amid the massive sell-off in the crypto market on concerns over a potential recession, crypto mining stock Marathon Digital (MARA) has slumped close to 60% this year. Considering the company’s weak fundamentals and the crypto market’s downtrend,…

StockNews.com

In Defense of Not Mourning Queen Elizabeth

Plus: Aretha Franklin's FBI file is declassified, Coinbase challenges Treasury Department sanctions of cryptocurrency technology, and more...

Reason

The Ethereum merge could kick off a transformation in crypto's battered reputation

Cryptocurrencies might still be a very long way from their highs of 2021, but some of the major ones have staged some decent recoveries in the past couple of months. Notably ether (ETH), the second largest cryptocurrency after bitcoin, is trading at almost US$1,700 (£1,463) at the time of writing,…

The Conversation

Ethereum Is 'Blue Chip Blockchain,' Could See Significant Value Boost: Canaccord Analysts

Cryptocurrency Ethereum (CRYPTO: ETH) and the smart contract ecosystem were sized up by Canaccord Genuity in a new note.

Benzinga

Cryptocurrency's Structural Security Problem

Our best cybersecurity tool doesn't work very well for decentralized cryptocurrencies

Reason

When bitcoin plunges, Buttcoin cheers: the online community praying for the end of crypto

A Reddit subforum for people who are horrified by the proliferation of crypto scams and pyramid schemes pokes fun at cryptocurrency

The Guardian - US

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Benzinga

Bitcoin, Ethereum, Dogecoin Flat As Central Banks Stay Hawkish: Why This Trader Says Be Careful About ETH Bounce

Ethereum’s gains were higher than Bitcoin’s, even as the two coins remained largely flat on Thursday evening, with the global cryptocurrency market cap rising 0.7% to $983.3 billion at 8:20 p.m. EDT.

Benzinga

Bitcoin, Ethereum, Dogecoin Spike Amid Risk Rally: Why A Red September Could Present 'Great Buying Opportunity' For Investors

Bitcoin and Ethereum rose Wednesday evening as the global cryptocurrency market cap increased 2.95% to $974.2 billion at 8.11 p.m. EDT.

Daily Mirror

Android phone users urged to delete two apps due to malware which could affect thousands

SharkBot is a banking trojan which was first discovered in 2018 and the malicious app was found targeting cryptocurrency apps where it would steal the victims' login information

Benzinga

Celsius Network Is A Ponzi Scheme, Suggests Vermont Regulator; Slams CEO For 'False' Statements

The Vermont Department of Financial Regulation has outlined a variety of state concerns about unregistered securities offerings and fraud committed by the cryptocurrency firm Celsius Network, suggesting that the compan

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Axios

Federal Reserve's new bank cop lays out regulatory agenda

Michael Barr signaled a consideration of more stringent requirements for Wall Street and tougher oversight of cryptocurrency activity.

Benzinga

Bitcoin, Ethereum, Dogecoin Crash On Rising Treasury Yields — Analyst Says Apex Coin Could Fall Below $17,600 If This Happens

Major coins dropped sharply Tuesday evening as the global cryptocurrency market cap declined 4.2% to $948 billion at 8:30 p.m. EDT.

The Independent UK

Cryptocurrency scam warning issued by ombudsman service

In current economic circumstances, people could be tempted to invest in fake investments, the Financial Ombudsman Service warned.

Benzinga

Russia Seeks To Legitimize Use Of Cryptos In Cross-border Payments

The Ministry of Finance and the Bank of Russia have reconsidered their stance on cryptocurrencies, a step needed to legitimize cross-border payments in these currencies, according to the country's Deputy Finance Minister Alexei Moiseev.

Benzinga

Did You Invest In Celsius? 5 Reasons You May Have Lost Your Money

Beleaguered cryptocurrency lender Celsius is attempting to return coins to a small number of users who have been locked out of their accounts.

Bangkok Post

Assets worth over B200m seized from crypto firm CEO

Cybercrime police have seized assets worth over 200 million baht from an executive of P Miner Cryptocurrency Group Co and his girlfriend who are wanted for public fraud, following raids on their houses in the northern province of Chiang Mai.

The Conversation

Ethereum: second biggest cryptocurrency to cut energy use by over 99%, but the industry still has a long way to go

Cryptocurrencies use an eye-watering amount of energy. Ethereum, the world’s second-largest cryptocurrency, uses an estimated 78 terawatt hours of electricity each year, comparable to the power consumption of Chile.

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