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The Latest Breaking News from Crypto

Troubled crypto exchange Zipmex says it’s mulling possible offer

Zipmex, the stricken cryptocurrency exchange that operates in Thailand and other Southeast Asian markets, said on Sunday it was considering a possible offer after talks with interested parties and due diligence should commence.

Bangkok Post

Is Ethereum Heading Toward $2,300? Here's What The Chart Suggests

Ethereum (CRYPTO: ETH) shot up almost 5% during Friday’s 24-hour trading session before the move higher was thwarted by a bearish day in the general markets that saw the S&P 500 sliding 0.8%.

Benzinga

GRIT - Solana Is Gaining Ground

Happy Friday Everyone! 👋 There’s no telling when Crypto Winter will be over but the weather for crypto prices over the last week has been bright & sunny. We’re also seeing signs of continued investments in the space as compressed valuations attract money from unusual sources.

Benzinga

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Death Threats Compelled Us To Disappear, 3AC Founders Say

Founders of the beleaguered crypto lending and borrowing firm Three Arrows Capital (3AC) say they received death threats following the collapse of their company, and that's what compelled them to disappear.

Benzinga

Bitcoin, Ethereum Diverge After Tesla Crypto Sale, Dogecoin Slips: Analyst Sees 'Enough Volatility To Make Money'

Bitcoin, Ethereum and other major coins traded mixed Thursday evening as the global cryptocurrency market rose 1.15% to $1.05 trillion at press time.

Benzinga

Feds: 1st cryptocurrency insider trading case snares 3

A former Coinbase employee and his brother, along with a Houston man, have been charged in what federal authorities described as the U.S. government’s first cryptocurrency insider trading case

The Independent UK

The loom of centralization: can exchanges bring privacy back to cryptocurrencies?

South Korea and Japan impose a blanket ban on privacy-focused currencies. ShapeShift delists Dash. Every major exchange demands pictures of your photo IDs scanned and uploaded. SEC, echoed by the Biden administration, hints at regarding crypto firms as brokers and imposing additional mandatory record-keeping requirements.

Benzinga

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Zipmex investors face major losses

Akalarp Yimwilai founder and CEO of Zipmex said on Thursday that the exchange’s financial exposure to troubled crypto lenders Babel and Celsius is US$48 million, or 1.7 billion baht, and $5 million, or 184 million baht, respectively, as of July 21. Celsius filed for bankruptcy on July 13.

Bangkok Post

Three people charged with $1.5m of insider trading on Coinbase

It’s the government’s first federal case for crypto insider trading

The Independent UK

INTERVIEW: Bruce Fenton Is Running For Senate On An Unregulated Bitcoin Market Platform

It has been a long July in this crypto winter, and inflation has heated up more than expected, reaching a 40-year high in June.

Benzinga

Where's Bitcoin Headed After Market Finds Out Tesla Sold 75% Of Its Holdings?

Bitcoin (CRYPTO: BTC) slid more than 5% lower between 4 p.m. on Wednesday and 8 a.m. on Thursday before beginning to recover.

Benzinga

Former US Coinbase employee and two others charged with insider trading

Cryptocurrency exchange manager and his brother arrested in Seattle in what is described as the first case of its kind

The Guardian - UK

Singapore's Central Bank To Tighten Laws For Crypto Players: What You Need To Know

Amid heightened volatility in the cryptocurrency market, the Monetary Authority of Singapore (MAS) said it will tighten laws for crypto players in the country in the coming months and take firm enforcement action if any entity is found to be conducting illegal activities.

Benzinga

Algorand 'Having A Moment' On Up-Time, Settlement, Real-World Use Cases Succeeding

Benzinga, a media and data provider bridging the gap between retail and institutional investors, is bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022.

Benzinga

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WEKU

Tesla cashes out $936 million in Bitcoin, after a year of crypto turbulence

Tesla aggressively embraced Bitcoin in 2021, investing $1.5 billion in the currency. But it now says its profitability was affected by "Bitcoin impairment."

Benzinga

Benzinga Before The Bell: Baidu Beats Tesla, Finland Sells $47.5M Bitcoins, Tesla's Bitcoin Sale And Other Top Financial Stories Thursday, July 21

CNBC

Evening Standard

Tesla sells 75% of Bitcoin investment in crypto U-turn

Elon Musk has a complicated relationship with cryptocurrency

Chicago Tribune

Commentary: Cryptocurrency is a peril for the Black community

“The future is crunk!” declares a digital re-creation of a young LeBron James in the ubiquitous TV commercial promoting Crypto.com.

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Bangkok Post

Crypto woes spread as Celsius, Babel links hit another exchange

Zipmex, a cryptocurrency exchange that operates in Singapore and Thailand, has halted withdrawals as the fallout from a series of defaults spreads further throughout the digital-assets industry.

Benzinga

Did Tesla Make Money On Its $1.5B Bitcoin Purchase?

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) was the talk of the town when it announced a $1.5 billion purchase of leading cryptocurrency Bitcoin (CRYPTO:

Benzinga

Bitcoin, Ethereum Flat, Dogecoin Among Top Gainers: Why This Analyst Says Tesla's Apex Coin Sale Implies Crypto Bottom Is Close

Bitcoin and Ethereum traded flat but Dogecoin spiked as the global cryptocurrency market cap fell 0.9% to $1 trillion at press time.

Benzinga

Here Is Everyone (For Now) 3 Arrows Capital (3AC) Owes Money To

As Three Arrows Capital (3AC) goes through the liquidation process mandated by the Order of the Eastern Caribbean Supreme Court in the High Court of Justice in the British Virgin Islands, the full depth of the company's implosion and its effect on the crypto industry is starting to become clear.

Input

Two more crypto exchanges decide to suddenly freeze users’ funds

Zipmex, one of the largest crypto platforms in Asia, and Bexplus have become the latest exchanges to halt withdrawals.

Benzinga

What's Going On With Dogecoin, Shiba Inu After Vitalik Buterin Gives One Crypto A Boost?

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) soared up over 11% and 8%, respectively, on Wednesday before running into groups of sellers that knocked both cryptos down to near flat.

Benzinga

Palantir Breaks Trend To Indicate Larger Reversal: Here's What To Watch

Palantir Technologies, Inc (NYSE: PLTR) was surging higher Wednesday in tandem with the S&P 500.

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