The Latest Breaking News from Cryptocurrency

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.

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

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

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

Shares of cryptocurrency exchange platform operator Coinbase (COIN) witnessed a steep decline last year due to the crypto market collapse. The stock is expected to plunge further this year since cryptocurrencies are expected to remain under pressure amid rising interest rates, regulatory concerns, and recession fears. However, Cathie Wood’s ARK…

Galois has agreed to sell its claim against FTX.

HONG KONG: In October, Hong Kong rolled out the red carpet for cryptocurrency businesses to help revitalise the embattled financial hub. Signs are now emerging that the push has under-the-radar backing from Beijing, providing impetus for mainland Chinese firms to return.

Former Celtic Paul Pierce agreed to pay $1.3 million in fines following SEC charge of misleading cryptocurrency promotions.

The sun may be setting on the cryptocurrency craze. If you're an investor or even just a curiosity-seeker on the fringes of this financial segment, you might want to prepare for its demise.