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The Latest Breaking News from Crypto

Sam Bankman-Fried pleads not guilty to fraud and other charges tied to FTX's collapse

The co-founder and former CEO of FTX pleaded not guilty to eight criminal counts related to the spectacular collapse of his crypto exchange.

WEKU

Sam Bankman-Fried pleads not guilty in charges stemming from FTX collapse

The former crypto mogul faces a range of charges stemming from the dramatic collapse of FTX.

Axios

How will the ultrawealthy ride out the recession? 1,200 investors worth $130 billion have one big strategy—and it's not playing the stock market

The über-rich are keeping their powder dry in the new year, a poll of ultra-high-net-worth investors found. Then they'll "pounce."

Fortune

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Will 2023 bring more crypto bankruptcies to weed out ‘the pumps and the frauds’?

The crypto industry had a rough go of it in 2022, with crashing cryptocurrency prices and a series of catastrophic bankruptcies.

Tribune News Service

Cameron Winklevoss gives crypto baron one week to come up with a $1 billion solution to make his Gemini customers whole

Winklevoss and his identical twin brother first rose to prominence through their lawsuit against Mark Zuckerberg, who they claimed stole their idea for Facebook.

Fortune

Why did no one short FTX? It’s complicated

One Wall Street short-seller says crypto was “the world’s best party”—and wishes he had made a “Big Short”–type bet.

Fortune

Takeaways and details from Heat’s road win over Clippers to move 2 games above .500

LOS ANGELES — Five takeaways from the Miami Heat’s 110-100 win over the Los Angeles Clippers (21-18) on Monday night at Crypto.com Arena to improve to 2-1 on their five-game West Coast trip.

Miami Herald

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Fortune Crypto's 2022 Jealousy List

Here are some of the best crypto—and a few non-crypto—stories our reporters and editors read in 2022.

Fortune

Crypto collapses, Mone’s masks and golden goodbyes: the 2022 Observer business awards

The Conservative peer’s peerless public service work, Sam Bankman-Fried’s strange love life and Elon Musk, as usual, feature highly in this year’s prestigious honours list

The Guardian - UK

The Crypto Winter will last through 2023 and maybe 2024, predicts PayPal and Meta alum David Marcus

“We won’t exit this 'crypto winter’ in 2023, and probably not in 2024 either,” Marcus wrote in a year-end blog post.

Fortune

'Bitcoin at $200,000' projections flop as coin ends year down 60%

A year ago, crypto analysts, riding high from the successes of 2021, had big hopes for Bitcoin, with some of them seeing the token hitting $100,000 or more in 2022.

The Times of India

Crypto journalist slams New York Post and Daily Mail for ‘sexist’ coverage of Bankman-Fried meeting

Critics argued coverage showed misogyny towards women in tech media

The Independent UK

These are the stocks that kept investors up at night in 2022

It’s been a year of historic selloffs for U.S. equities.

Tribune News Service

The 5 biggest crypto hacks of 2022

How billions in exploits made a bad year for the crypto industry even worse.

Fortune

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Caixin Global

Senior Provincial Official Pleads Guilty to Graft and Flouting Crypto Ban

Xiao Yi, a former political advisor and party chief in Jiangxi, received more than $18 million worth of bribes

Fortune

Lose money on crypto in 2022? Tap this tax loophole while you still can.

It's still possible for big companies—but also individual crypto owners—to take advantage of special tax treatment for Bitcoin and other digital assets.

Fortune

The year in bankruptcy isn't just an FTX story. What's next could be even bigger.

The number of bankruptcies actually declined in 2022, but the amount of debt swimming through court is higher. And yes, FTX (likely) leads the pack.

The Times of India

RBI pitches for common approach towards crypto assets to address potential risks

MUMBAI: To address potential financial stability risks and protect investors, it is important to arrive at a common approach to crypto assets, the Financial Stability Report released by RBI said on Thursday.

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Fortune

The 10 biggest crypto funding rounds of 2022

How much did Crypto Winter freeze venture funding?

WEKU

2022 was the year crypto came crashing down to Earth

For the world of crypto, 2022 started with exuberance and ended with its unofficial spokesman in handcuffs.

USA Today Sports Media Group

Sara McMann ‘not bashing the UFC’ but says Bellator offered ‘really great money’ to sign

Sara McMann wanted to know if there was truth behind non-UFC promotions paying big money, and said her deal with Bellator proved that true.

Bangkok Post

Analysts upbeat on outlook for Thai stocks

Analysts are bullish on the Thai stock market's prospects in 2023 after China announced the country's reopening in January, while cryptocurrency is likely to remain volatile in the first six months, perhaps improving in the latter half when inflation eases.

Fortune

ChatGPT is coming for crypto

Don't underestimate the power of artificial intelligence.

Tribune News Service

Actually, it has been a wonderful year for tech’s future

All the numbers point to one of the worst years for the technology sector in over a decade. Stock meltdowns, crypto implosions, supply-chain disruptions, a startup-funding freeze, and yet more hacks made 2022 a year most would rather forget. Yet a range of major developments emerged that set the scene…

Evening Standard

London crypto firm Argo sells Bitcoin mine to Galaxy Digital to shore up finances

London-based crypto firm Argo has agreed to sell its Bitcoin mining facilities to New York-based Galaxy Digital as part of a $100 million deal to shore up its shaky finances.

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