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The Latest Breaking News from Cryptocurrency

Signature Bank seized to send banks a message, director says

A regulatory takeover of a New York-based bank was intended to send a message to banks to stay away from the cryptocurrency business

The Independent UK

Stablecoin USDC Loses Dollar Peg with $3.3 Billion Locked in SVB

The fifth largest cryptocurrency by market value lost its dollar peg after its issuer announced that it had around 8.25% of its $40 billion reserves locked in failed Silicon Valley Bank.

The Street

Sen. Pat Toomey on Cryptocurrency and FTX's Collapse

"It's not clear that FTX would have existed, at least at its scale, if we had domestic guidelines for American companies," the former senator tells Reason.

Reason

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Of All the Mistakes You Can Make With Crypto, This Might Be the Biggest

Despite the endless stream of bad cryptocurrency news, new research finds that crypto tattoo internet searches are at an all-time high

The Street

Two US Banks Collapse in 48 Hours. Which One's Next?

Silvergate served the cryptocurrency industry, while SVB was the bank for Silicon Valley tech startups.

The Street

Crypto Bank Silvergate Goes Out of Business

California bank pays for its bets on the cryptocurrency industry, rocked by bankruptcies since last summer. It is the first U.S. bank to go out of business since 2020.

The Street

Bitkub to invest in AI startup ThaiGPT

Bitkub, Thailand's leading cryptocurrency exchange, will invest in the newly-established ThaiGPT as part of the company's strategy to expand the business to the research and development of artificial intelligence (AI) technology.

Bangkok Post

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Bankman-Fried might use flip phone under stricter bail plan

Prosecutors and attorneys for FTX founder Sam Bankman-Fried are requesting the disgraced cryptocurrency entrepreneur be allowed a flip-phone or another device that’s not a smartphone while on bail

The Independent UK

Top 5 artificial intelligence (AI) cryptocurrencies

AI cryptocurrencies are a relatively new frontier in the crypto space, combining decentralised finance with machine learning technology.

Evening Standard

Crypto-Related Stocks Mixed After Silvergate Reports

Shares of several cryptocurrency-related companies are mixed after reports regarding the crypto bank.

The Street

Bitcoin falls 5% overnight to $22,300—after touching $25,000 last month—as Silvergate troubles weigh on price

The cryptocurrency briefly broke $25,000 just last month.

Fortune

Crypto Is in Turmoil ... Again

Uncertainty about the crypto bank Silvergate is mounting. Will it file for bankruptcy as cryptocurrency exchange FTX did three months ago?

The Street

Crypto Bank Silvergate Crashes on Wall Street

The Californian firm is in great difficulty. Most of its crypto clients have left, after it announced that it had to review the books with its auditors.

The Street

Martin Lewis issues scam warning after man loses £12,000 in 'devious' ploy

A caller on This Morning had been conned out of thousands of pounds in a cryptocurrency scam, which Martin said made him feel "sick".

Daily Record

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Tribune News Service

Former FTX head of engineering Nishad Singh pleads guilty in billion-dollar fraud case

NEW YORK — The former head of engineering at Sam Bankman-Fried’s bankrupt cryptocurrency trading firm FTX owned up to fraud charges on Tuesday, federal prosecutors said.

Wales Online

Martin Lewis warns ITV This Morning viewers about scams that leave him feeling 'slightly sick'

A caller, John, said he had lost over £12,000 to a cryptocurrency scam

Tribune News Service

Nishad Singh, former FTX head of engineering, pleads guilty in billion-dollar fraud case

The former head of engineering at Sam Bankman-Fried’s bankrupt cryptocurrency firm owned up to fraud charges on Tuesday, federal prosecutors said.

The Street

Robinhood Targeted in Regulator Crypto Crackdown

The U.S. Securities and Exchange Commission subpoenaed the Robinhood brokerage about its cryptocurrency-related activities.

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Fortune

Robinhood received SEC subpoena shortly after FTX collapsed

The subpoena is another potential threat to Robinhood's struggling crypto business.

WEKU

Disgraced FTX founder Sam Bankman-Fried has another big problem: He won't shut up

Most white-collar defendants lay low, but the ex-CEO of the collapsed cryptocurrency exchange FTX has been talking, tweeting, and sending email newsletters. Those comments could come back to hurt him.

USA Today Sports Media Group

The most famous basketball sponsorship in history

As one of the most popular sports in the world, basketball attracts sponsors from all business verticals. If you check the list with fast payout casinos , you will probably notice some very familiar brands. How come? Well, some of them invested ...

The Street

Bankman-Fried Flooded Politicians with Millions of Dollars From FTX Clients, Prosecutors Say

Bankrupt cryptocurrency exchange founder allegedly used a straw donor scheme to gain influence in Washington D.C, new court documents show.

The Street

FTX Collapse: Sam Bankman-Fried's Legal Troubles Mount

The disgraced crypto king faces four new criminal charges from prosecutors.

The Independent UK

Town official set up secret cryptocurrency mining operation in crawl space at local school, police say

Nadeam Nahas accued of connecting bank of computers to the electrical system at Cohasset Middle High School

Fortune

Crypto Twitter went wild speculating about Coinbase’s blue dot. Here’s what it meant

The announcement from the world’s second-largest cryptocurrency exchange is another attempt to diversify its products amid a bear market.

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