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The Latest Breaking News from Cryptocurrency

Someone Just Sent $56M In Ethereum To An Anonymous Wallet

What happened: $56,964,234 worth of Ethereum (CRYPTO: ETH) was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's Ethereum wallet address has been identified as: 0x1b3cb81e51011b549d78bf720b0d924ac763a7c2

Benzinga

Someone Just Sent 3,325 Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $61,683,940 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 3BhBfhUHBkmDBjpVpcBZ4g3AkJyczz2yqa

Benzinga

Exclusive: French Montana Unveils Plans To Impact Music & Crypto With Web3, NFTs, and Metaverse

Speaking exclusively to Head of PR at ChangeNOW Mike Ermolaev, 17-time Billboard Global Top 10 rapper French Montana has made a big announcement on entering the cryptocurrency space – a move that will revolutionize the music, the Web 3, and

Benzinga

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Coffee And Crypto: What's The Price Of Bitcoin Tuesday?

The worldwide cryptocurrency market capitalization Tuesday is at $921 billion, up from $892 billion on Friday afternoon. Following an announcement that it would cut staff by 20%, BlockFi said this morning that it signed a term agreement with crypto lender and platform FTX to secure a $250-million revolving credit facility.

Benzinga

Crypto-linked super PACs boost spending on primary races

WASHINGTON — Super PACs with ties to the cryptocurrency industry have spent at least $31.2 million in primary races ahead of this year’s midterms, with most of the money coming from a handful of executives at just one company.

Tribune News Service

Scams and cryptocurrency can go hand in hand – here's how they work and what to watch out for

When one of our students told us they were going to drop out of college in August 2021, it wasn’t the first time we’d heard of someone ending their studies prematurely.

The Conversation

Crypto-linked super PACs boost spending on primary races - Roll Call

Super PACs connected to the crypto industry are flexing their muscles in this year's primary campaigns as lawmakers consider regulations.

Roll Call

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Cryptocurrency tech is vulnerable to tampering, a DARPA analysis finds

A new analysis commissioned by DARPA quantifies how the decentralized tech that runs the currency system could be compromised.

WEKU

Bitcoin and crypto prices are extremely volatile ⁠— What to do when they’re crashing

If there’s one word that describes Bitcoin and cryptocurrency, it’s volatile. Crypto prices soar and then seem to crash almost as quickly, while rumors, sentiment and fundamental developments are quickly factored into the market. In just a four-day period in early June, Bitcoin fell from $30,500 to about $23,500 —…

Tribune News Service

ASX rebounds as Reserve Bank admits it suffered 'reputational damage', bitcoin recovers above $US21,000

The Australian share market rebounds, after plummeting for seven straight days into correction territory, while cryptocurrency investors remains on edge after its recent meltdown.

ABC News

After the crash, what’s next for the crypto kids?

Gen Z and younger millennials are the generation feeling the brunt of the cryptocurrency crash, says decentralised finance expert George Eggins. But all is not lost.

Evening Standard

Crypto billionaire’s PAC spends nearly $1 million in Illinois Democratic congressional primaries

A PAC bankrolled by crypto billionaire Samuel Bankman-Fried poured $500,065 into television ads to elect Jonathan Jackson to Congress from the 1st District.

Chicago Sun-Times

Investigating the crypto crash

The value of cryptocurrencies has plunged over recent days, with Bitcoin -- the largest coin by market cap -- sinking to its lowest point since 2020.

Bangkok Post

Known best as the host of cryptocurrencies, experts and economists say blockchain technology could be the future of working life

While many are debating the role of cryptocurrencies in our financial future, some experts and economists say the blockchain technology that hosts the currencies could be much more important.

ABC News

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The Independent UK

Bitcoin-boosting Salvadoran leader asks for patience

El Salvador’s Bitcoin-boosting president is asking people to be patient after the price of the cryptocurrency fell below $20,000 _ less than half the price the government paid

Chronicle Live

The Fans Together investment group issue follow up statement regarding proposed Sunderland buyout

The cryptocurrency group are looking to buy the 39% stake currently owned by Stewart Donald and Charlie Methven

WEKU

Crypto billionaire says Fed is driving current downturn

FTX CEO Sam Bankman-Fried says that, until investors get used to higher interest rates, risk assets, including cryptocurrency, won't recover.

The Guardian - US

The Crypto Crash: all Ponzi schemes topple eventually

We’re back to the wild west finances of the 1920s as the crypto industry pours huge money into political campaigns

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The Guardian - UK

Crypto panic as digital assets follow share prices in a downward spiral

In the past week bitcoin has fallen 34% and Celsius has put a hold on withdrawals. Some fear the turmoil is far from over

Asharq Al-Awsat

Bitcoin Slides below $20,000 to Lowest since December 2020

Bitcoin dropped below the $20,000 level on Saturday to its lowest point in 18 months, extending its slide as investors showed they were unnerved by growing troubles in the industry and as the general pull-back from riskier assets continued. The digital currency sector has been pummeled this week after cryptocurrency…

Benzinga

Crypto Carnage: BTC Breaks $19K, ETH Below $1K

Amid a wider cryptocurrency market carnage over the weekend, the largest digital currency by market capitalization Bitcoin (BTC) has broken the $19,000 level, the first time since December 2020, while the second-largest crypto Ethereum (ETH) has broken the psychological $1,000 mark.

Benzinga

Crypto Lending Platform Babel Halts Withdrawals Citing 'Liquidity Pressures'

Amid bearish market sentiments, cryptocurrency lending platform Babel Finance has announced that it was halting withdrawals as it was facing “unusual liquidity pressures.”

Daily Mirror

Jake Paul is "poor" after losing boxing wealth in cryptocurrency crash

Logan Paul has claimed his brother Jake is now "poor" after losing a chunk of his wealth generated from the boxing ring after investing in Cryptocurrency which has seen a huge value crash this week

The Guardian - US

Trillion-dollar crypto collapse sparks flurry of US lawsuits – who’s to blame?

Kim Kardashian and Floyd Mayweather among those being sued, but prosecuting fraud in the crypto arena is notoriously difficult

Benzinga

Crypto Bytes: Here's What's Going On With Crypto Today

The worldwide cryptocurrency market capitalization is at $892 billion, down from $893.3 billion on Friday morning. The Hong-Kong based cryptocurrency lender Babel Finance joined Celsius in the suspension of withdrawals, according to the company’s website.

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