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The Latest Breaking News from Cryptocurrency

The Tornado Cash Crackdown Is an Attack on Speech and Privacy

For the first time ever, the Treasury Department has sanctioned not a person or a group but a digital tool and all who would use it.

Reason

Another Singapore crypto firm in trouble

SINGAPORE: The beleaguered cryptocurrency lender Hodlnaut says it is the subject of “pending proceedings” involving Singapore police and that it has slashed its workforce.

Bangkok Post

Zach Weissmueller: Why Cryptocurrency Privacy Software Restrictions Violate Free Speech Rights

Senior Producer Zach Weissmueller explores how the crackdown on cryptocurrency tools has implications for free speech and financial privacy.

Reason

From analysis to the latest developments in health,
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Bitcoin, Ethereum, Dogecoin Rangebound — But Analyst Says This Upcoming Event Could End The 'Vacation'

Major coins remained under pressure in the aftermath of the release of minutes from the U.S. Federal Reserve’s July policy meeting as the global cryptocurrency market cap fell 1.3% to $1.1 trillion.

Benzinga

Bitcoin, Ethereum, Dogecoin Drop As FOMC Meeting Restores Worries: Analyst Warns We Could Be In For A 'Big Dump'

Top cryptocurrencies declined Wednesday evening as the global cryptocurrency market cap fell 2.4% to $1.1 trillion.

Benzinga

Dogecoin Daily: Rally Fades Yet Again, Has The Apex Meme Coin Hit A Wall Of Resistance?

Dogecoin (CRYPTO: DOGE) traded 4.65% lower at $0.083 over 24 hours leading up to early Wednesday morning. DOGE traded lower in tandem with other major coins as the global cryptocurrency market cap fell 1% to $1.14 trillion at press time.

Benzinga

South Korean Founder of Failed Terra Coin Admits He Was 'Wrong'

The co-founder of the failed Terra cryptocurrency, which collapsed and wiped out about $40 billion of investors' money in May, has admitted he was "wrong", but said that he was not talking to South Korean investigators. The dramatic disintegration of stablecoin TerraUSD and its sister token Luna -- which both…

Asharq Al-Awsat

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Bitcoin, Ethereum Lag Behind As Dogecoin Becomes Top Gainer — Why One Analyst Thinks 'Things Could Get Ugly' Soon

Bitcoin and Ethereum traded in negative territory Tuesday evening as the global cryptocurrency market cap fell 0.7% to $1.14 trillion.

Benzinga

Touchdown Or Interception? Here's How Much An $1,000 Investment In Bitcoin Is Worth Since Tom Brady Had Laser Eyes

NFL legend and seven-time Super Bowl winner Tom Brady has interests and investments outside the world of football. This includes a growing interest in the world of cryptocurrency and non-fungible tokens thanks to several investments.

Benzinga

High stakes: the cryptocurrency casino king who bought the most expensive house in Victoria

Edward Craven, whose online gambling business has processed billions of dollars worth of bets, reportedly plans to raze the $80m property and rebuild

The Guardian - AU

'I Didn't Sleep For 8 Days,' Terra Luna Founder Do Kwon Tells Coinage Following Crypto Collapse

Do Kwon, founder of Terraform Labs, recently spoke with cryptocurrency media company Coinage in Singapore — his first media interview since the collapse of Terra Luna earlier this summer. Here's what he discussed:

Benzinga

£1.6 billion in cryptocurrency stolen as hackers exploit coding flaws

North Korea-affiliated groups are thought to be behind many of the hacking attempts

Evening Standard

Israel arrests suspects over stolen millions in crypto fraud against French treasury

Several suspects have been detained in Israel in connection with a multi-million cryptocurrency laundering scheme to defraud the French treasury.

Radio France Internationale

Bitcoin, Ethereum, Dogecoin Rally Halts As Chinese Data Disappoints: Are Investors Already Engaging In Profit-Taking?

Bearish sentiment kept major coins lower on Monday evening as the global cryptocurrency market cap declined 1.05% to $1.15 trillion at press time.

Benzinga

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Tribune News Service

Crypto during a recession: Here’s what to expect

Bitcoin, the largest cryptocurrency in the world, was created in 2009 during the depths of the great financial crisis. It took a while to gain traction, but it, along with other cryptocurrencies, has since exploded into a major market worth around $1 trillion.

Al Jazeera

Sri Lankans make crypto Ponzi scam claims

Many Sri Lankans allege they have been duped by a fake crypto investment scheme which has swindled millions of rupees.

The Hindu

Exercise caution while dealing in cryptocurrency, Nirmala Sitharaman warns public, start-ups

‘Centre keen to encourage blockchain distributed ledger technology in the country’

Los Angeles Times

A young crypto billionaire's political agenda goes well beyond pandemic preparedness

In May, an eccentric 30-year-old cryptocurrency billionaire named Sam Bankman-Fried made a startling proclamation. In a podcast interview, Bankman-Fried said he would spend as much as $1 billion of his estimated $12.8-billion fortune on American politics by the 2024 election, joining the ranks of megadonors such as George Soros and…

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Benzinga

Bitcoin, Ethereum, Dogecoin Rally Mutes — Prominent Trader Sees Big Upside In Coming Month With ETH Reaching For $2,500

The rally in major coins simmered down Thursday evening as the global cryptocurrency market cap rose marginally by 0.3% to $1.1 trillion at press time.

Bangkok Post

Zipmex crisis creates toxic Thai legacy

Smith Chayavorakul had been investing in cryptocurrency for eight months, riding the boom-and-bust cycle of market prices. But things changed when the Singapore-based crypto exchange Zipmex prevented investors from making withdrawals after it was caught in the market meltdown.

Benzinga

The Impact of FUD On The Crypto Market: Time To Fight Back

Fear, Uncertainty, and Doubt, or FUD, is a big problem in the cryptocurrency industry. As CEO of one of the industry-leading crypto exchanges, I often have to be prepared for dealing with rumors, misinformation and bias, and understand how all of these developments affect the broader crypto industry.

Evening Standard

How is crypto mined and why is it bad for the environment? Ethereum Merge is announced as complete

The update promises to slash the emissions of the world’s second-biggest blockchain by 99%, but Bitcoin is unlikely to follow

Evening Standard

Green credentials lift Ethereum prices

The price of Ethereum has jumped 10% to recover to its highest level in two months after the cryptocurrency announced testing work was under way to make using the coin more efficient.

Benzinga

Dogecoin Daily: Price Jumps As Inflation Concerns Ease, But Co-Founder Asks If It's Just 'Delusional Optimism'

Dogecoin (CRYPTO: DOGE) rose nearly 6% to $0.07 over 24 hours leading up to early Thursday morning. DOGE rose alongside major coins as the global cryptocurrency market cap shot up 7.15% to $1.2 trillion.

Benzinga

Bitcoin 'Might Rally Significantly,' Says Analyst As It Spikes Alongside Ethereum, Dogecoin On Moderating Inflation: Key Levels To Watch

Major coins rallied on Wednesday after July consumer price index data indicated a slowdown in inflation. The global cryptocurrency market cap rose 3.9% to $1.1 trillion at press time.

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