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The Latest Breaking News from Cryptocurrency

The acronym crypto really needs is DPS: Drama Per Second

The latest drama at Shiba Inu shows why the crypto world needs a new metric.

Fortune

Crypto sell-off intensifies, with XRP, Litecoin, and Bitcoin Cash among the hardest hit

Bitcoin is also down, dropping almost 8% in the past 24 hours to nearly $26,000.

Fortune

Crypto Used To Launder Nearly Half Of Financial Scam Proceeds In Australia: Report

Cryptocurrency platforms in Australia are reportedly being used to launder nearly half of the proceeds from financial scams

Zenger

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read the most diverse news in one place.

Bitcoin drops below $26,000 for first time in two months

Bitcoin fell below $26,000 for the first time in two months as risk aversion weighs on the cryptocurrency market with global government bond yields climbing to the highest in about 15 years.

The Times of India

Stranger Things catfish convinces woman to divorce husband and send ‘actor’ thousands of dollars

Woman named McKayla claimed she sent gift cards and cryptocurrency worth thousands to someone posing as actor Dacre Montgomery

The Independent UK

Stranger Things catfish convinces woman to divorce husband and send 'actor' thousands of dollars

Woman named McKayla claimed she sent gift cards and cryptocurrency worth thousands to someone posing as actor Dacre Montgomery

The Independent UK

Testimony from Sam Bankman-Fried's trusted inner circle will be used to convict him, prosecutors say

Prosecutors say they'll use testimony from FTX founder Sam Bankman-Fried's “trusted inner circle” of former executives at his collapsed cryptocurrency empire against him at an October trial

The Independent UK

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Silicon Valley's latest hype: Eyeball-scanning silver orbs to confirm you're human

The project is called Worldcoin. It was co-founded by Sam Altman of ChatGPT fame. Its mission is to authenticate all the world's humans, one eyeball scan at a time.

WEKU

The future of crypto hinges on a fight between the SEC and a former burger flipper

A looming courtroom battle between the largest cryptocurrency exchange and the world's most powerful regulator promises to shape the future of crypto.

WEKU

FTX founder Sam Bankman-Fried jailed after bail revoked

NEW YORK: A US judge on Friday canceled Sam Bankman-Fried's bail, citing reasonable suspicion that the charged creator of the insolvent FTX cryptocurrency exchange had attempted to influence witnesses on at least two occasions.

The Times of India

FTX founder Sam Bankman-Fried ordered to jail after being accused of witness-tampering

Failed cryptocurrency wonderkid likely to be jailed until October fraud trial

The Independent UK

FTX founder Sam Bankman-Fried returns to New York as prosecutors push for his incarceration

FTX founder Sam Bankman-Fried is returning to New York City for a bail hearing

The Independent UK

Ripple v. SEC: Why the crypto industry may have celebrated too early

Some favorable aspects of the decision for Ripple seem ripe for a reversal on appeal. That could strengthen the SEC’s hand going forward.

Fortune

Bitcoin briefly rockets past $30,000 as world’s largest cryptocurrency plateaus near year-highs

The token has traded near the $30,000 mark for more than a month.

Fortune

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The Conversation

Worldcoin is scanning eyeballs to build a global ID and finance system. Governments are not impressed

Millions of people worldwide are lining up to stare into a silver sphere about the size of a bowling ball so their irises can be scanned in exchange for online identity verification and “free” cryptocurrency.

Evening Standard

PayPal launches its own cryptocurrency

PYUSD is a stablecoin backed by the US dollar

Zenger

Bitcoin, Ethereum, Dogecoin Trade Mixed As Investors Await Inflation Numbers

Key macro driver for this week would be the Consumer Price Inflation report, says OANDA Analyst.

Zenger

Cryptic Messages And $73M In Outflows: Authorities Apprehend, Detain Huobi Execs

Cryptocurrency exchange Huobi experienced a net outflow surpassing $73

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Zenger

Crypto Analyst Confident About Bitcoin’s Surge, But There’s A Catch

Well-known cryptocurrency analyst Tone Vays says that the price of Bitcoin (CRYPTO: BTC) will trend upwards

Tom’s Hardware

LK-99 Superconductor Crypto Coin Surpasses $3m in Trading in First 24 Hours

A new LK-99 meme coin superconductor bandwagon cryptocurrency token was hugely popular, but its value has already nose-dived.

Zenger

Coinbase Beats Revenue Expectations, Expects To Win SEC Legal Battle

Cryptocurrency exchange Coinbase reports Q2 results, anticipates victory in lawsuit against SEC.

Zenger

Coinbase Faces Technical Issues Amid Regulatory Challenges

Intermittent failures and SEC pressure pose hurdles for cryptocurrency platform

Zenger

Shiba Inu (SHIB) To Integrate Self-Sovereign Identity, Enhancing Network Security

Shiba Inu's integration of SSI aims to redefine trust and identity for the digital age, strengthening user control.

Zenger

Cryptocurrency Tax Law Delay Raises Concerns

Treasury Department's delay in implementing law to catch tax evaders may cost billions in potential revenue.

PC Gamer

GameStop drops cryptocurrency wallet support due to the 'regulatory uncertainty of the crypto space'

The store is backing away from crypto, surprise surprise.

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