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The Latest Breaking News from Cryptocurrency

Bitcoin Is On the Rise as Bulls Return

The prices of the most popular cryptocurrency have been on an upward slope for several days now.

The Street

Winklevoss, Silbert Crypto Enterprises Targeted by SEC

The SEC says Genesis Global Capital and Gemini Trust improperly 'raised billions of dollars’ worth of crypto assets from hundreds of thousands of investors.'

The Street

Environmental group sues New York for approving crypto mining facility

Lawsuit argues move to allow energy-intensive cryptocurrency miner to take over power plant violates state’s 2019 climate law

The Guardian - US

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Matt Damon-Backed Crypto.com Cuts 20% of Jobs to Address FTX Damage

Cryptocurrency exchange crypto.com is paring jobs, just a few months after an initial round of cuts.

The Street

FTX’s Sam Bankman-Fried launches newsletter to defend himself: ‘I didn’t steal funds’

Disgraced cryptocurrency CEO Sam Bankman-Fried launched a newsletter Thursday in his latest attempt to defend himself.

Tribune News Service

Tom Brady Wins At Football, But Loses Big at Crypto

The NFL star had promoted Sam Bankman-Fried's cryptocurrency ambitions before its infamous collapse.

The Street

What next for crypto? Industry faces new challenges after rollercoaster year

2022 was a tumultuous year for crypto. One company fell after another, culminating with the spectacular collapse of the FTX cryptocurrency exchange and the arrest of its founder Sam Bankman-Fried, who is now under investigation for fraud. So what's in store for the industry this year? FRANCE 24's Kate Moody…

France 24

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Sam Bankman-Fried claims ‘I didn’t steal funds’ in first response to FTX case

Disgraced cryptocurrency boss says FTX customers could get their money back in statement published on Substack

The Guardian - US

Podcast: Senegalese riflemen, cryptocurrency woes, Napoleon III

Long-awaited recognition for France's colonial infantry corps. Who are the French victims of the collapse of the FTX cryptocurrency exchange? Napoleon III's transformation of France.

Radio France Internationale

Binance Announces Big Staffing Plans as Rivals Falter

Binance swims against the tide of red ink in the crypto sector with plans to increase the number of staff by between 15% and 30%.

The Street

Tom Brady and New England Patriots owner 'lose fortune' as £26billion crypto goes bust

Cryptocurrency site FTX has gone bankrupt and lots of rich investors have taken a big financial hit, including the likes of Tom Brady and New England Patriots owner Robert Kraft

Daily Mirror

Individual creditor names remain secret in FTX bankruptcy

The judge presiding over the bankruptcy of cryptocurrency exchange FTX Trading is allowing the company to maintain a veil of secrecy over the names of individual customers and creditors

The Independent UK

Coinbase Strikes a Massive Blow to Bankman-Fried and FTX

Cryptocurrency exchange CEO Brian Armstrong delivers a scathing critique of his rival.

The Street

Coinbase Confirms End of an Era

Cryptocurrency exchange to cut nearly 1,000 additional jobs and record significant charges.

The Street

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The Street

Coinbase Confirms End of Era of Growth

Cryptocurrency exchange to cut nearly 1,000 additional jobs and record significant charges.

Tribune News Service

Commentary: We should celebrate, not bemoan, the swift collapse of FTX

If indeed all the reports are true— that the cryptocurrency exchange FTX lent out billions of dollars in customer deposits for risky bets without their consent — then the world should celebrate its swift demise. Markets are ruthless in rewarding success and punishing failure. And FTX’s fall from grace over…

The Street

FTX Collapse: Tom Brady And Powerful Billionaires Lose Big

The names of stockholders of the bankrupt cryptocurrency exchange have just been revealed.

The Street

FTX Collapse: Dispute Between Billionaires Winklevoss, Silbert Escalates

The bankruptcy of the cryptocurrency exchange FTX has reverberated through the crypto space.

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The Street

Coinbase Confirms End of Era of Insolent Growth in Crypto

Cryptocurrency exchange to cut nearly 1,000 additional jobs and record significant charges.

The Street

Bitcoin Millionaires Disappear as Scandals Rise and Value Falls

The cryptocurrency collapse has Bitcoin millionaires 'dropping like flies,' according to a recent report.

Fortune

'A fraud and a bubble are two different things': Crypto is shocking to a financial historian who literally wrote the book on financial bubbles

Financial historian William Quinn says crypto is either the smartest “Ponzi” or the stupidest “bubble” in history: “And the truth is probably somewhere in the middle.”

Daily Mirror

Logan Paul withdraws threat of legal action over $6million crypto "scam" documentary

Paul had previously posted a seven-minute long video responding directly to a documentary accusing him of running a cryptocurrency scam that cost fans millions

The Street

Crypto Exchange Huobi Has Bad News

The platform, which is headquartered in the Seychelles, is one of the latest victims of the crisis affecting the sector for a year.

Fortune

The ‘everything bubble’ has popped and the experts on Wall Street and in Silicon Valley were spectacularly wrong about a ton of things

Morgan Stanley analysts were sure Carvana stock would hit $430 a share and the crypto faithful believed Bitcoin would top $1 million.

The Street

Cathie Wood Watch: Ark Buys Coinbase Amid Crypto Woes

Coinbase, the largest U.S. cryptocurrency exchange, suffers from weakness in the crypto market. Asset manager Cathie Wood sees opportunity.

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