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The Latest Breaking News from Crypto

3 takeaways on SBF, Mark Zuckerberg, and Larry Fink from DealBook’s buzzy Summit

The former FTX CEO took the lawyerly route, while the Meta chief blasted Apple and the BlackRock leader forecasted change in tech.

Fortune

‘We can’t regulate this out of existence’: Senate Agriculture Committee grills CFTC chair on FTX collapse

Rostin Behnam said he met with Sam Bankman-Fried 10 times over an FTX proposal.

Fortune

Billionaire Bill Ackman and Kevin O'Leary think FTX's Sam Bankman-Fried is telling 'the truth' about being unaware of major problems at his failed crypto exchange

FTX founder Sam Bankman-Fried defended himself Wednesday against fraud accusations in an interview at the New York Times Dealbook Summit.

Fortune

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Payments giant Stripe jumps into Web3 with tool that helps companies turn cash to crypto

Stripe said in a Thursday blog post that the new fiat-to-crypto product will also handle fraud, compliance, and know your customer checks.

Fortune

Avoid These 4 Stocks Amid Crypto Market Turmoil

The cryptocurrency market has been hard hit this year, with rising interest rates and recession fears making investors stay away from highly risky assets. While the Fed is expected to slow interest rate hikes, given the lingering recession concerns, it could be wise to avoid struggling crypto-exposed stocks Coinbase Global…

StockNews.com

FTX missing billions remain mystery after Bankman-Fried grilling

Mystery continues to shroud the missing billions at bankrupt crypto exchange FTX after its disgraced founder Sam Bankman-Fried denied trying to perpetrate a fraud while admitting to grievous managerial errors.

Tribune News Service

Even by crypto standards, that New York Times interview with SBF was a disaster

The notorious Bankman-Fried interview showed the FTX's sociopathy on full display.

Fortune

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CFTC chief urges strengthening conflict-of-interest part of Senate crypto bill

Rostin Behnam urged senators to strengthen conflict-of-interest and disclosure language in a bill to regulate cryptocurrency.

Roll Call

FTX missing billions remain a mystery

Mystery continues to shroud the missing billions at the bankrupt crypto exchange FTX after its disgraced founder Sam Bankman-Fried denied trying to perpetrate a fraud while admitting to grievous managerial errors.

Bangkok Post

Kraken Exchange Fined By US Government For Allowing Crypto Transactions In Iran

Kraken, one of the top crypto exchanges by trading volume, agreed to pay up a settlement in violations of the sanctions policy.

Zenger

BlackRock's Fink predicts most crypto firms will go under

BlackRock CEO Larry Fink thinks that most crypto companies won't survive in the wake of Bankman Fried's FTX collapse.

Fortune

Web3 Working Group raises $2 million for crypto education aimed at consumers and regulators

Amid the industry crisis, the nonprofit aims to highlight decentralization and infrastructure.

Fortune

Founder of collapsed crypto exchange insists he 'didn't ever try to commit fraud'

Once a darling in the business and tech world, Sam Bankman-Fried has become a pariah. The founder of crypto exchange FTX, which declared bankruptcy last month, has given his first media interview since his platform collapsed. He denied any intention to commit fraud and pleaded ignorance at the mismanagement of…

France 24

Sam Bankman-Fried: Former boss of collapsed cryptocurrency scheme FTX denies fraud

Sam Bankman-Fried, the man formerly behind failed US cryptocurrency scheme FTX, has denied committing fraud.

Evening Standard

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USA Today Sports Media Group

Portland Trail Blazers vs. Los Angeles Lakers, live stream, prediction, TV channel, time, how to watch the NBA

The Portland Trail Blazers will meet the Los Angeles Lakers in NBA action on Wednesday night from the Crypto.com Arena.

Bangkok Post

'Miners' stealing electricity

The Department of Special Investigation (DSI) raided 50 locations in Bangkok and Nonthaburi and found crypto miners had stolen electricity worth around 500 million baht over the past year.

WEKU

Sam Bankman-Fried strikes apologetic pose as he describes being shocked by FTX's fall

During an hour-long interview at the New York Times Dealbook Summit, Bankman-Fried frequently portrayed himself as in the dark about the condition of the multi-billion dollar exchange he founded.

Fortune

SBF defends his actions and distances himself from Alameda in first live interview since FTX's collapse

Sam Bankman-Fried said he was "excited" about the prospects of his crypto exchange FTX just a month before its collapse, but admitted he made mistakes in a new interview.

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The Conversation

North Korea's nuclear program is funded by stolen cryptocurrency. Could it collapse now that FTX has?

Since the world’s second-largest crypto exchange, FTX, declared bankruptcy earlier this month, the flow-on effects have been felt far and wide.

Fortune

If you own Bitcoin Cash, XRP, or Etherium Classic on Coinbase, here’s what to do now

Should you cash out? Are your coins still worth anything? Here are your options.

Fortune

Citi CEO Jane Fraser: ‘If grandma’s investing in crypto, we better have protections in place.’

Until investor protections are established, traditional banking won't fully jump into the crypto fray.

Salon

FTX's SBF: I'm the 3rd-biggest GOP donor

The FTX founder says he kept donations private because "reporters freak the f--k out if you donate to Republicans"

Fortune

Kraken to lay off 30% of employees

The crypto exchange joins Coinbase, Crypto.com, and Gemini in announcing layoffs this year.

Axios

Kraken crypto exchange lays off 30% of workforce

Kraken is one of the biggest and longest-standing crypto exchanges.

The Guardian - US

FTX billionaire Sam Bankman-Fried funneled dark money to Republicans

The crypto entrepreneur was thought to be a big donor to Democrats but now acknowledges he gave equally to GOP

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