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The Latest Breaking News on Crypto

YouTuber accuses Logan Paul of turning his crypto game into a scam

YouTuber Coffeezilla says Logan Paul turned cryptocurrency game CryptoZoo into a scam, though Paul denies making a profit

USA Today Sports Media Group

Millions of workers are subject to noncompete agreements. They could soon be banned

The Federal Trade Commission has proposed a new rule that bans the use of noncompete agreements, calling them an exploitative practice that suppresses wages and hampers innovation.

WEKU

Silvergate forced to cover $8bn worth of crypto-related withdrawals

The US bank was forced to sell $5.2bn worth of assets for cash and booked a loss of $718m on those sales

The Guardian - UK

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FTC proposes rule that would ban noncompete clauses

The Federal Trade Commission is proposing a new rule that would prevent employers from imposing noncompete clauses for workers that prohibit them from joining a competitor, typically for a period of time, after they leave the company

The Independent UK

Top UK-listed tech firms lose £20 billion in value in 2022

A number of firms have been forced to slash the size of their workforce in a bid to cut costs and stay afloat

Evening Standard

Tech grifters out, Abercrombie in: what the ‘vibe shift’ will bring in 2023

Sean Monahan, who coined the term, sees a difficult year ahead for Silicon Valley and the music scene

The Guardian - US

Crypto chaos: how Crawley crumbled under owners’ reckless leadership

The League Two club are in serious trouble thanks to an owner in the dugout, a 32-day managerial reign and a bizarre bonus

The Guardian - UK

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Unions NSW back cashless gaming cards

Unions NSW is the latest worker group to back cashless gaming cards as debate about problem gambling and money laundering rolls on before the state elections

AAP

Dallas company finds a way to profit off bitcoin mining without accepting the high risk

When cryptocurrency prices were on a tear during the COVID-19 pandemic, with prices peaking in November 2021, a Dallas businessman started looking for a way to benefit from the surge without accepting the high risk.

Tribune News Service

How a true crime filmmaker renamed Bernie Madoff as a ‘financial serial killer’

The director tells Clémence Michallon about his new Netflix documentary ‘Madoff: The Monster of Wall Street’, the collapse of FTX, Ponzi schemes and how history seemingly repeats itself

The Independent UK

Lightfoot ad attacks Garcia, questions ties to indicted powerhouses Madigan, Bankman-Fried

Mayoral challenger Jesus “Chuy” Garcia’s campaign said it is “no surprise” that Mayor Lori Lightfoot is “resorting to more lies and desperate attacks” to avoid answering questions about her own ties.

Chicago Sun-Times

Key QAnon booster admitted conspiracy isn’t real in January 6 testimony and blames George Soros

Congressional inquiry released transcript of interview with alleged QAnon founder

The Independent UK

Cryptocurrency giant Coinbase strikes a $100 million deal with New York regulators

A review found that the exchange's compliance program violated state laws, making it "vulnerable to serious criminal conduct." It will pay a $50 million fine and spend the rest beefing up oversight.

WEKU

3 Gaming Stock to Buy After the Christmas Season

Despite a slow 2022, the gaming industry is anticipated to thrive this year due to innovation and technological proliferation. Therefore, fundamentally strong gaming stocks Playtika Holding (PLTK), SciPlay (SCPL), and Gravity Co. (GRVY) could be solid buys now. Read on….

StockNews.com

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The Guardian - UK

Management of five firms linked to Pegasus maker NSO is moved to London

Change could stoke controversy for spyware company amid calls for UK sanctions

The Independent UK

Coinbase to pay $100M in settlement with New York regulators

New York has announced a $100 million settlement with Coinbase over what state officials called significant failures in the cryptocurrency trading platform’s systems for spotting potential criminal activity

Chicago Tribune

‘Kaleidoscope’ review: A heist series where the episode order doesn’t matter — or does it?

Heist stories have such a satisfying structure. It’s not just getting one over on the man, but the lead up to it as well: Putting a team together, planning the heist (the target always has it coming!), doing the heist and improvising through unexpected problems. And then that pleasurable sensation…

AAP

Aussies stung for millions in crypto crash

The FTX collapse wiped many crypto wallets and took out smaller exchanges, but administrators for Aussie platform Digital Surge are working on a rescue plan.

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news in one place.

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The Guardian - UK

Prosecutors call for France’s former spy chief to stand trial

Bernard Squarcini and 10 others await magistrates’ decision on hearing charges including influence peddling and forgery

StockNews.com

1 Stock That Proves You Shouldn't Buy What You Know

Chip stock NVIDIA Corporation (NVDA) is highly popular among investors. However, the company is facing demand softness in China and export restrictions. Demand for GPUs from the gaming industry has been weak. Moreover, the stock trades at an expensive valuation amid an uncertain macroeconomic environment. Therefore, it could be wise…

Tribune News Service

After a year of collapses, cryptocurrency’s future in the balance

WASHINGTON — Spectacular cryptocurrency failures in 2022 have raised the stakes for the industry amid questions about the enduring viability of a technology that advocates say has the potential to revolutionize finance.

The Guardian - UK

Madoff: The Monster of Wall Street review – grubby and jaw-dropping from start to finish

This pacy Netflix docu-series plays like a Hollywood thriller, with its trail of grimly fascinating testimonies and astonishing curveballs about the ‘financial serial killer’

The Guardian - UK

A global recession may be looming, but there is a way out of this rut

Last century investment, innovation and the fight for equality led to a huge rise in productivity. Policies to encourage those are vital now, says Guardian economics editor Larry Elliott

The Guardian - US

George Santos scandal: Democratic predecessor calls him a ‘conman’

Tom Suozzi, Santos’s forerunner for New York’s third district, says the Republican winner should be ‘removed by Congress’

France 24

FTX founder Sam Bankman-Fried pleads not guilty to fraud charges

The founder and former CEO of the cryptocurrency exchange FTX appeared in a New York court for an arraignment hearing on Tuesday. Sam Bankman-Fried's lawyers maintained his innocence amid accusations he misappropriated customer and investor funds. The trial is set for October 2 and Bankman-Fried could still change his plea.…

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