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The Latest Breaking News from Bitcoin

Crypto firms acted like banks, then collapsed like dominoes

Over the past few years, a number of companies have attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital assets

The Independent UK

Foster claims hackers breach emails

Peter Foster's legal fight over an alleged multimillion-dollar Bitcoin scam faces more delays amid claims hackers have breached privileged legal emails.

AAP

Bitcoin’s weekend rally pushes it above $23,000, adding to a stellar start to 2023

The cryptocurrency jumped above the $23,000 mark for the first time since last August.

Fortune

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Tracers in the Dark by Andy Greenberg

Episode 438 of the Cyberlaw Podcast

Reason

Crypto lender Genesis files for Chapter 11 bankruptcy in US

Firm is latest casualty in sector as cryptocurrencies contagion spreads after FTX collapse

The Guardian - UK

Tesla Buys Into Major Purchase In Cryptocurrency Producing It Into Major Value In Investments

The leading cryptocurrency had an exciting year in 2021 with several big news items that also propelled the sector forward.

Zenger

JPMorgan CEO Jamie Dimon says that Bitcoin is a ‘hyped-up fraud’ and cryptocurrencies are a ‘waste of time'—but blockchain is a 'deployable' technology

“I think all that's been a waste of time and why you guys waste any breath on it is totally beyond me,” Dimon told CNBC on Thursday. “Bitcoin itself is a hyped up fraud. It’s a pet rock.”

Fortune

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Peter Thiel’s Founders Fund generated more than $1 billion by offloading an 8-year Bitcoin bet just before markets soured

Founders Fund first bought Bitcoin in 2014 when the cryptocurrency traded for under $1,000.

Fortune

Alan Kohler: The internet is a battleground between billionaires and altruists

Governments need to get much more involved in regulating the giants of the internet, some of the most important infrastructure of our lives.

The New Daily

Central bank digital currencies are already here. Should you be worried?

The debate over CBDCs boils down to whether they should be for bank transfers or everyday life. Let's hope it's the former.

Fortune

'The Crocodile of Wall Street' gets new tech job despite being under 24-hour house arrest

Heather Morgan has many credentials to her name including economist, tech entrepreneur, columnist, CEO, rapper—and accused launderer of stolen cryptocurrency.

Fortune

3 events that will determine the fate of cryptocurrencies

Cryptocurrencies are reeling after a miserable year that saw the collapse of companies such as FTX. A look at what lies ahead.

WEKU

Bitcoin flirts with longest winning streak in nearly a decade

Bitcoin is starting the year on a strong note, seemingly shaking off any negative sentiment it was mired in last year and on the verge of its longest winning streak in nearly a decade.

The Times of India

Bitcoin scam gang made so much money they handed out £5k gift cards in the street

The four-person criminal gang at the centre of the £22m conspiracy worked with ringleader James Parker, operating from his Blackpool home, and even bought cars for strangers they met in the pub

Daily Mirror

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The Conversation

Cryptocurrencies are in crisis, but they are not going to disappear

Cryptocurrencies are experiencing their worst crisis since the arrival of the first crypto assets and virtual currencies in the 1990s and their democratization in the 2010s.

Daily Record

Cryptocurrency gang worth £22mil 'handed out £5k gift cards in the street'

The Bitcoin scammers were so wealthy that they bought cars for people they met in the pub.

Fortune

Why the crypto world needs more Vitalik Buterins

A recent interview with Buterin in Ukraine underscores how the Ethereum creator is setting an example for other crypto leaders to follow.

Zenger

Bitcoin Relief Rally Spurs Big Crypto Gains

After ending the previous year deep in the red, cryptocurrency prices are soaring again on the back of sudden buying

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Al Jazeera

Is crypto about to go extinct?

It will likely survive, but only after more firms and currencies crash and burn. Here’s why.

Manchester Evening News

Bitcoin scammers made so much money they 'handed out £5,000 gift cards in the street'

The £22m crypto-currency gang bought cars for people they met in the pub during the 'staggering' scam

Wales Online

Bitcoin scammers made so much cash they gave away £5k vouchers and bought cars for strangers

The fraudsters bought cars for random people they'd met in the pub and one of them attempted to purchase a villa from Russian gangsters with £1m stuffed inside a briefcase

Evening Standard

How to finally get a grip on your finances — from how much to save to why you should avoid ISAs

Author and Moneybox presenter Paul Lewis has the ultimate guide to being smarter with your hard-earned cash in 2023

Bangkok Post

Bitcoin up after US inflation decline

Bitcoin jumped above US$19,000, its highest level since November 2022, as US inflation fell to 6.5%, raising analysts' expectations that the Federal Reserve will increase interest rates by only 0.25% at its meeting later this month.

Fortune

Bitcoin soars past $20,000. Here's what's behind the recent rally

Bitcoin has broken out again after months at $17,000. Here are some theories to explain the recent rally.

The Guardian - US

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

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