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The Latest Breaking News on Crypto

Stock Market Today: Stocks Fall as Bitcoin Booms

While the main indexes retreated ahead of tomorrow's inflation data, Bitcoin hit its highest level in two years.

Kiplinger

Sam Bankman-Fried lawyer argues long prison sentence would be ‘grotesque’

Disgraced cryptocurrency mogul faces 100 years for wire fraud and conspiracy to launder money, a term his lawyer calls ‘barbaric’

The Guardian - US

Dy. SP rank officer accused in Bitcoin scam slips away from SIT in filmy car chase

Deputy SP Shridhar Poojary escapes arrest in Bitcoin scam, injuring officer in dramatic chase through Bengaluru streets.

The Hindu

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Bitcoin Tops $60,000, Approaches All-time High

Bitcoin passed the $60,000 mark on Wednesday, approaching its all-time high and continuing its unbridled rise since the approval of a new type of investment indexed to the cryptocurrency.

International Business Times

Coinbase Expands Asset Recovery Tool To BNB Smart Chain, Polygon

Coinbase's asset recovery tool, which was launched for Ethereum back in 2022, can now be used on BNB Smart Chain and Polygon to help users recover assets mistakenly sent to their Coinbase addresses.

International Business Times

Recent ETH Price Rally Driven By US Demand, Data Shows

Following the approval of spot Bitcoin ETFs, there is much excitement and anticipation in the crypto market for spot Ether ETFs, and it appears U.S. investors are particularly interested in ETH, as per recent data.

International Business Times

OKX Launches In Crypto-Friendly, High Demand Turkey

OKX has launched OKX TR for Turkish crypto users, promising low transaction fees and quick processing of deposits and withdrawals.

International Business Times

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US judge halts government effort to monitor crypto mining energy use

Federal judge in Texas says new requirement would cause ‘irreparable injury’ to industry amid surging electricity usage

The Guardian - US

World's First BTC Layer 2 Summit To Attract Over 500 Blockchain Elites

Layer-2 platform enthusiasts and investors are expected to be drawn to the Bitcoin Layer 2 Conference – East & West 2024 as it has already confirmed the participation of some of the crypto and blockchain industry's major players.

International Business Times

Gensler, South Korean Counterpart To Talk On NFTs, Spot BTC ETFs In May: Report

The SEC's Gensler is reportedly set to meet his South Korean counterpart in May as the Asian nation mulls potential updates to its cryptocurrency and virtual assets regulations.

International Business Times

KyberSwap Hacker Moves Millions In ETH, Stablecoin; DEX Provides Update On Recovered Funds

KyberSwap's exploiter reportedly moved millions worth of ETH and DAI Monday – the DEX later provided its users with an update on when users affected by the 2023 hack can claim recovered funds.

International Business Times

BitForex Goes Offline, Unresponsive After Nearly $57M Hot Wallets Withdrawal

BitForex has blocked users from accessing the exchange's website following a reported withdrawal of nearly $57 million from hot wallets last week – the supposed user block came less than a month after its former CEO stepped down.

International Business Times

MicroStrategy Acquires 3K More Bitcoin Following Alleged X Account Compromise

MicroStrategy has acquired around 3,000 more Bitcoin during a 10-day period, bringing its total BTC holdings to approximately 193,000 Bitcoin.

International Business Times

Blast Ecosystem Project RiskOnBlast Vanishes After Raising Over $1M

A project on a rising layer-2 platform disappeared over the weekend after raising more than $1 million in funding from investors and retail traders.

International Business Times

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International Business Times

Over $400K May Have Been Stolen In Alleged MicroStrategy X Account Hack: Reports

A phishing post on MicroStrategy's X account Sunday night reportedly resulted to losses of more than $400,000.

International Business Times

Texas Bitcoin Miners Score Win In Bid To Block Energy Department's Usage Data Collection

A unit of the U.S. Energy Department said earlier this month that it was looking to conduct a "mandatory survey" to determine how much energy Bitcoin miners use in their activities.

International Business Times

Crypto Whale Sells Nearly $4M Worth Shiba Inu, But Token Retains Upward Trend

The SHIB token saw a significant crypto whale transaction on Saturday, following a year of milestones and significant interest in the cryptocurrency realm.

International Business Times

'Fake Love' Crypto Scammers Ensnare US Victims

The "wine trader" wooed her online for months with his flirtatious smile and emoji-sprinkled texts.

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International Business Times

K9 Finance's $KNINE Token: Reshaping DeFi On Shibarium, One Block At A Time

K9 Finance's token generation event is less than two weeks away and it's already creating buzz as investors and users await the arrival of the first ever liquid staking token on Shibarium.

International Business Times

South Africa Eyes Stablecoins, Tokenization To Reform Digital Payments

South Africa's Treasury said in its 2024 budget review that this year will see the Intergovernmental Fintech Working Group putting more effort into studying the possible use cases of stablecoins and tokenization to further promote digital payments.

International Business Times

KuCoin Users Take To X, Reddit Over Alleged Frozen Funds

Some KuCoin users said their funds have been frozen for months on the crypto exchange, with one user claiming Monero tokens worth more than $30,000 were locked.

International Business Times

South Korea's KODA Sees Crypto Assets Triple Amid Hype Around Spot Bitcoin ETFs

KODA said digital asset deposits in H2 2023 spiked to around $6 billion from approximately $1.7 billion in the first half of the year.

International Business Times

'Emperor's New Clothes': European Central Bank Compares Spot BTC ETFs Approval To Deception Folktale

Despite the SEC's recent approval of 11 spot Bitcoin ETF's the European Central Bank is unconvinced that Bitcoin has lived up to its promises.

Kiplinger

Are You Owed Money From This LasikPlus Settlement?

The FTC says 159,711 consumers are eligible for payment from LasikPlus due to deceptive pricing.

International Business Times

Lejilex, CFAT Challenge SEC's Authority To Regulate Digital Assets

A new complaint accuses the SEC of "gross regulatory overreach," an allegation that several other crypto industry players have brought to the table since the regulator started filing lawsuits against digital asset firms.

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