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The Latest Breaking News from Bitcoin

Bitcoin storage company Casa to launch Ethereum wallets as demand rises post–FTX collapse

“As we thought about expanding to Ethereum, the core reason is that our customers have been asking for it,” Nick Neuman, Casa cofounder and CEO, told Fortune.

Fortune

Peter Thiel, BlockFi, and the future of crypto

Peter Thiel, one of Bitcoin’s most powerful advocates, lost both financial and political capital amid November’s crypto wipe-out

Fortune

The man to thank for Qatar World cup betting ad crackdown: ASA chief Guy Parker

Under its longtime boss, the Advertising Standards Authority is now baring its teeth at greedy influencers, unscrupulous crypto firms and anyone making spurious eco claims

The Guardian - UK

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Sam Bankman-Fried: Trust Is Everything

Ironically, the FTX meltdown is the best illustration yet of why the world needs bitcoin.

Reason

Fundstrat saw Bitcoin hitting $200,000 before it fell to $16,000. Here’s why they’re still hopeful after a ‘horrific year’ for crypto

“It’s an important moment for the industry,” Fundstrat’s Tom Lee said. “I think there's a lot of people throwing gasoline in a crowded theater and yelling ‘fire.’”

Fortune

A VC who’s been panning crypto since 2017 discusses where he’s investing now

Ramy Adeeb says his firm, 1984 Ventures, tries to avoid the flavor of the day, whether it’s [hotlink]Google[/hotlink] Glass, 3D printing, virtual reality, autonomous driving, crypto, or the current obsession with generative A.I.

Fortune

Installation of crypto ATMs hits record low in September as downturn continues

The impact of Crypto Winter has spread far and wide.

Fortune

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Texas Is Becoming a Bitcoin-Mining Capital. Can the Grid Handle It?

Despite the FTX crash, ERCOT continues to court the cryptocurrency industry.

Texas Observer

3 crypto storylines to follow

The news frenzy around FTX is finally abating as people look for new stories. Here's what to watch for.

Fortune

NYC mayor takes supportive tone after governor signs bill restricting crypto mining

NEW YORK — New York City Mayor Eric Adams took a supportive if somewhat cryptic tone after New York Gov. Kathy Hochul signed legislation this week limiting some cryptocurrency mining in the state, casting the new law as an acceptable step toward smart tech policy.

Tribune News Service

Bitkub seeks local partner for overseas expansion

Bangkok-based Bitkub Capital Group Holdings Co has been in talks with prospective local partners in Southeast Asia regarding plans to expand beyond Thailand next year, says founder and group chief executive Jirayut Srupsrisopa.

Bangkok Post

5 Lessons the Crypto Industry must learn from the FTX Disaster

A Web 3 veteran veteran shares five things that must happen for Web3 to recover and build back trust.

Fortune

Thousands defrauded in £48m hoax which let scammers impersonate high street banks

More than 200,000 potential victims in the UK alone have been directly targeted through fraud website

The Independent UK

100 people arrested in UK’s biggest fraud investigation

Scotland Yard shuts down iSpoof website, which helped scammers steal using fake bank phone calls

The Guardian - UK

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StockNews.com

3 Stocks to Avoid During the Crypto Crisis

The crypto market has witnessed a steep decline this year with investors’ declining appetite for high-risk/high-return assets amid the rising interest rates. As cryptocurrencies are expected to remain under pressure, it could be wise to steer clear of crypto-focused stocks Block (SQ), Coinbase Global (COIN), and Riot Blockchain (RIOT). Read…

Los Angeles Times

Michael Hiltzik: Thinking of putting crypto in your 401(k)? Think twice

The federal government has some advice for workers contemplating adding bitcoin or another cryptocurrency to their retirement holdings: Don't.

Fortune

Hey Sen. Warren, leave Bitcoin out of this

Elizabeth Warren's response to the FTX mess includes limiting access to Bitcoin.

The Guardian - UK

After the FTX crash, here’s what you need to know – the crypto bubble is already bursting

Ordinary buyers should beware. They are being sucked into perilously risky trading that only professionals understand, says crypto consultant Carol Alexander

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news in one place.

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Tribune News Service

Crypto executives need to grow up or go the way of FTX, Riot Blockchain leader says

The highly publicized collapse of the crypto platform FTX is a wake-up call for crypto executives to act more professionally, one of crypto’s most prominent North Texas leaders says.

AAP

Legal delays over Foster's Bitcoin charges

Peter Foster's legal fight over an alleged multi-million-dollar Bitcoin scam will continue into 2023 after his case was adjourned.

Evening Standard

Starling Bank bans Bitcoin transactions as part of crypto clampdown

Starling has described cryptocurrencies as ‘high risk and heavily used for criminal purposes’

The Texas Tribune

Cryptocurrency firm FTX’s fall pains industry, but Texas stays optimistic

FTX’s bankruptcy has been a painful setback for the industry. But many legislators, investors and enthusiasts remain believers in making Texas crypto’s top destination.

Bangkok Post

Cryptos sag as funds drained from FTX switch out of ether

SINGAPORE: Cryptocurrency prices struggled Monday in the ongoing crisis sparked by the downfall of Sam Bankman-Fried’s once powerful FTX empire

Financial Times

Stephen Diehl: Crypto is the ‘commoditisation of populist anger, gambling and crime’

The software engineer has denounced crypto assets as vehicles for pure speculation. But his views have made him a target of harassment — including death threats

Birmingham Post

AutoCoinCars makes its first bitcoin motorbike sale

The online marketplace has more than 850 dealerships on it selling cars for cryptocurrency

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