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The Latest Breaking News from Crypto

It might have started out as a joke, but with a market capitalisation of £10.4 billion, Dogecoin (DOGE) is a serious player in the crypto space.

Evening Standard

The Biden White House just rolled out some of its most anti-crypto language yet. They may regret it.

The White House rolled out an aggressive anti-crypto stance that could come to bite Democrats in the long term.

Fortune

Grammys 2023: How to watch and who’s performing at the ceremony

ANAHEIM, Calif. — Music’s biggest night returns to Los Angeles as the 65th Annual Grammy Awards hits Crypto.com Arena on Sunday.

The Orange County Register

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Bitcoin barrels toward historic Jan as crypto market jumps by $280bn

Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing.

Bangkok Post

Australian regulator had FTX under surveillance at time of collapse, documents reveal

Exclusive: Asic had concerns about crypto platform six months before spectacular failure

The Guardian - AU

‘Everything is fake’: how global crime gangs are using UK shell companies in multi-million pound crypto scams

Investigation reveals more than 150 fake firms, many with ties to China, are targeting people online, breaking their hearts – and emptying their bank accounts

The Guardian - UK

Wyoming crypto bank's Federal Reserve application denied

The Federal Reserve Board has denied a Wyoming cryptocurrency bank’s application for Federal Reserve System membership

The Independent UK

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Custodia, a crypto bank in Wyoming, denied membership in Federal Reserve System

The membership denial is a setback for the crypto bank, but its application for a master account, a means for banks to settle debts without going through intermediaries, is still under consideration.

Fortune

Bitcoin has shot up 50% since the new year, but here's why new lows are probably still ahead

To the delight of investors across the cryptosphere, the price of bitcoin (BTC) has rallied over 53% since its low of US$15,476 (£12,519) in November. Now trading around US$23,000, there’s much talk that the bottom has finally been reached for the leading cryptocurrency after a year of painful decline –…

The Conversation

Zipmex predicts crypto rebound in 2025

The likelihood of an economic recession this year could delay the recovery of the digital asset industry by another year to 2025, says a source from Asian crypto exchange Zipmex, noting the recent surge in prices could be short-lived.

Bangkok Post

Sui blockchain-based Ethos Wallet raises $4.2 million to build out applications on the little-known blockchain

The funding round comes as funding for crypto-related startups becomes increasingly scarce.

Fortune

Ritchie Torres went from crypto ‘newbie’ to key ally in Washington. Now he could shape the industry’s post-FTX future

The second-term Congressman from the Bronx is one of many who got donations from Sam Bankman-Fried. He's fighting for rules that could help crypto serve the "unbanked."

Fortune

A buzzy NFT startup from Decentraland’s founder was supposed to be the future of crypto gaming. His $20M gamble on Genesis could cost the company its future

How Big Time became one of the top creditors on the bankrupt lending platform.

Fortune

Congressional Republicans have Gary Gensler in their crosshairs

Rep. Hill on his new digital assets subcommittee.

Fortune

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The Times of India

Union Budget 2023: India should consider reducing TDS rate on cryptocurrency trade, says report

NEW DELHI: India should consider lowering the 1 per cent TDS on crytocurrency trade as a high rate is causing a flight of capital and users to platforms in foreign jurisdictions and the grey market, a report said on Tuesday.

Manchester Evening News

Crypto millionaire, 20, who claims he makes '£6,000 in his sleep' returns from meeting to find 'c***' graffiti on new supercar

Waseem was in Manchester for a business meeting when his pride and joy was vandalised

Fortune

Solana shakes off its death rattle with a 140% jump in value since the start of the year

The cryptocurrency’s underlying blockchain has also outpaced competitors in the number of developers contributing to it.

Wales Online

Self-made crypto-millionaire's car is vandalised with swear words after it was left in car park

Words like 'c***' and 'die' were spray-painted on his yellow Audi R8

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Fortune

Can the current crypto rally last? 3 reasons it can—and 1 it can't

Brief crypto rallies over the last year fizzled quickly. This time it may be different.

The Independent UK

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

Tribune News Service

FBI says North Korea-backed groups hacked $100 million in crypto

Two hacking groups linked to North Korea were responsible for the theft of $100 million in an attack on a crypto service last year, the Federal Bureau of Investigation said on Monday.

Al Jazeera

North Korea behind $100m crypto theft, FBI says

California-based Harmony said in June it had been the target of a cyberattack that stole $100m worth of digital assets.

Fortune

The banking industry is turning its back on crypto, adding insult to injury for the reeling sector

Signature is the latest crypto bank to pull back its services.

Fortune

Coinbase stock up more than 10% since Friday, despite debt rating downgrade

The cryptocurrency exchange’s shares are now worth approximately $55. Moody’s downgraded the exchange’s debt just a day before the price rally.

AAP

Bailout backed to recoup crypto millions

Cryptocurrency firm Digital Surge will survive as creditors vote for a bailout after hours of questions put to administrators by some of the 30,000 investors.

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