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The Latest Breaking News from Cryptocurrency

The Ethereum merge could kick off a transformation in crypto's battered reputation

Cryptocurrencies might still be a very long way from their highs of 2021, but some of the major ones have staged some decent recoveries in the past couple of months. Notably ether (ETH), the second largest cryptocurrency after bitcoin, is trading at almost US$1,700 (£1,463) at the time of writing,…

The Conversation

Ethereum Is 'Blue Chip Blockchain,' Could See Significant Value Boost: Canaccord Analysts

Cryptocurrency Ethereum (CRYPTO: ETH) and the smart contract ecosystem were sized up by Canaccord Genuity in a new note.

Benzinga

Cryptocurrency's Structural Security Problem

Our best cybersecurity tool doesn't work very well for decentralized cryptocurrencies

Reason

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When bitcoin plunges, Buttcoin cheers: the online community praying for the end of crypto

A Reddit subforum for people who are horrified by the proliferation of crypto scams and pyramid schemes pokes fun at cryptocurrency

The Guardian - US

Bitcoin, Ethereum, Dogecoin Flat As Central Banks Stay Hawkish: Why This Trader Says Be Careful About ETH Bounce

Ethereum’s gains were higher than Bitcoin’s, even as the two coins remained largely flat on Thursday evening, with the global cryptocurrency market cap rising 0.7% to $983.3 billion at 8:20 p.m. EDT.

Benzinga

Bitcoin, Ethereum, Dogecoin Spike Amid Risk Rally: Why A Red September Could Present 'Great Buying Opportunity' For Investors

Bitcoin and Ethereum rose Wednesday evening as the global cryptocurrency market cap increased 2.95% to $974.2 billion at 8.11 p.m. EDT.

Benzinga

Android phone users urged to delete two apps due to malware which could affect thousands

SharkBot is a banking trojan which was first discovered in 2018 and the malicious app was found targeting cryptocurrency apps where it would steal the victims' login information

Daily Mirror

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Celsius Network Is A Ponzi Scheme, Suggests Vermont Regulator; Slams CEO For 'False' Statements

The Vermont Department of Financial Regulation has outlined a variety of state concerns about unregistered securities offerings and fraud committed by the cryptocurrency firm Celsius Network, suggesting that the compan

Benzinga

Federal Reserve's new bank cop lays out regulatory agenda

Michael Barr signaled a consideration of more stringent requirements for Wall Street and tougher oversight of cryptocurrency activity.

Axios

Bitcoin, Ethereum, Dogecoin Crash On Rising Treasury Yields — Analyst Says Apex Coin Could Fall Below $17,600 If This Happens

Major coins dropped sharply Tuesday evening as the global cryptocurrency market cap declined 4.2% to $948 billion at 8:30 p.m. EDT.

Benzinga

Cryptocurrency scam warning issued by ombudsman service

In current economic circumstances, people could be tempted to invest in fake investments, the Financial Ombudsman Service warned.

The Independent UK

Russia Seeks To Legitimize Use Of Cryptos In Cross-border Payments

The Ministry of Finance and the Bank of Russia have reconsidered their stance on cryptocurrencies, a step needed to legitimize cross-border payments in these currencies, according to the country's Deputy Finance Minister Alexei Moiseev.

Benzinga

Did You Invest In Celsius? 5 Reasons You May Have Lost Your Money

Beleaguered cryptocurrency lender Celsius is attempting to return coins to a small number of users who have been locked out of their accounts.

Benzinga

Assets worth over B200m seized from crypto firm CEO

Cybercrime police have seized assets worth over 200 million baht from an executive of P Miner Cryptocurrency Group Co and his girlfriend who are wanted for public fraud, following raids on their houses in the northern province of Chiang Mai.

Bangkok Post

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The Conversation

Ethereum: second biggest cryptocurrency to cut energy use by over 99%, but the industry still has a long way to go

Cryptocurrencies use an eye-watering amount of energy. Ethereum, the world’s second-largest cryptocurrency, uses an estimated 78 terawatt hours of electricity each year, comparable to the power consumption of Chile.

The Conversation

The most important cryptocurrency event in years is about to begin – and the biggest windfall goes to the planet

Amid the continuous noise about cryptocurrencies, it’s often hard to pick out what really matters. However this month, if all goes to plan, the energy-hungry digital sector will undergo its biggest shake-up in years.

Financial Times

Crypto real estate: the property market built on digital assets

Agents want to tap a growing pool of buyers looking to convert their cryptocurrency into bricks and mortar

Benzinga

If You Invested $100 When Elon Musk First Tweeted About Dogecoin, Here's How Much You'd Have Now

One of the most popular voices behind the meme cryptocurrency that is Dogecoin (CRYPTO: DOGE) is Tesla Inc (NASDAQ: TSLA) CEO Elon Musk. The CEO h

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Bangkok Post

Bitcoin 'revolution' a work in progress

El Salvador President Nayib Bukele took the stage to fireworks, announcing to a cheering crowd of crypto enthusiasts at a beachside confab that Bitcoin would revolutionise his country.

Investors Business Daily

Cryptocurrency News & Price Wrap-Up For Sept. 2, 2022

It's been a busy week, from Ethereum and Bitcoin price action to Crypto.com backing out of its $495 million UEFA Champions League sponsorship, Snap (SNAP) scrapping its web3 team and analysts' latest views on Coinbase (COIN). Scroll down to catch up on all things crypto with IBD's weekly cryptocurrency news…

Daily Mirror

Inside luxury mansion mum bought after £6m accidentally drops into her bank account

Thevamanogari Manivel expected a £60 refund from a cryptocurrency exchange - but was jaw-dropped after noticing £6million had been transferred before quickly making her luxury purchase

Investors Business Daily

Bankrupt Crypto Lender Celsius Wants To Return $225 Mil To Users

Struggling cryptocurrency lender Celsius Network wants court permission to return digital assets to some users, according to the latest bankruptcy court proceedings. Hoboken, N.J.-based Celsius requested permission to release cryptocurrencies in its custody program and withholding accounts, which are for storage rather than generating returns. Roughly $210 million in assets…

Benzinga

Can Cryptocurrency Help The Cannabis Industry Navigate Its Banking Problems?

Although medical and recreational marijuana is legal in many states across the country, cannabis remains illegal under federal law and the lack of federal regulation forces the industry to operate outside the traditional financial system.

Benzinga

Top Financial Stories Friday, September 2: GM's Cruise Recalls Some Robotaxis Over Software Glitch, Chinese Tech Giant Suffers $43M Impairment Loss On Bitcoin and Ethereum Holdings And More..

Wall Street Journal

Benzinga

Ethereum Upstages Bitcoin, Dogecoin As Merge Nears: Analyst Warns This Data Could Trigger Crypto 'Summer Lows'

Bitcoin traded flat, while Ethereum rose Thursday evening as the global cryptocurrency market cap inched up 0.3% to $983.9 billion.

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