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The Latest Breaking News from Cryptocurrency

Pennsylvania Battle Over Climate-Warming Crypto Mines Intensifies

Legislation aims to rein in an unregulated industry with ballooning environmental effects.

Capital & Main

Facebook Faces Expulsion From Thailand For Failing To Crack Down On Scams

Minister of DES, stated his willingness to ask the courts to order Facebook to stop operating by the end of this month.

Zenger

Indian crypto exchange CoinDCX cuts staff by 12%

Indian cryptocurrency exchange CoinDCX is reducing its staff by 12%, after the platform’s revenues were hit by an ongoing slump in virtual currency trading.

The Times of India

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UAE Wants To Be A Global Crypto Hub, Says SEBA Bank Senior Executive

The UAE has made significant steps to assist bitcoin and blockchain enterprises, particularly in Dubai and Abu Dhabi.

Zenger

Hong Kong bets on crypto as sector’s star dims over crackdowns overseas

The Chinese territory has issued its first licenses for retail crypto trading amid push to cash in on virtual assets.

Al Jazeera

Government Blocking of "Tornado Cash" Cryptocurrency-Related Service Was Legal, Didn't Violate First Amendment

So a federal court held Thursday.

Reason

The acronym crypto really needs is DPS: Drama Per Second

The latest drama at Shiba Inu shows why the crypto world needs a new metric.

Fortune

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Crypto sell-off intensifies, with XRP, Litecoin, and Bitcoin Cash among the hardest hit

Bitcoin is also down, dropping almost 8% in the past 24 hours to nearly $26,000.

Fortune

Crypto Used To Launder Nearly Half Of Financial Scam Proceeds In Australia: Report

Cryptocurrency platforms in Australia are reportedly being used to launder nearly half of the proceeds from financial scams

Zenger

Bitcoin drops below $26,000 for first time in two months

Bitcoin fell below $26,000 for the first time in two months as risk aversion weighs on the cryptocurrency market with global government bond yields climbing to the highest in about 15 years.

The Times of India

Stranger Things catfish convinces woman to divorce husband and send ‘actor’ thousands of dollars

Woman named McKayla claimed she sent gift cards and cryptocurrency worth thousands to someone posing as actor Dacre Montgomery

The Independent UK

Stranger Things catfish convinces woman to divorce husband and send 'actor' thousands of dollars

Woman named McKayla claimed she sent gift cards and cryptocurrency worth thousands to someone posing as actor Dacre Montgomery

The Independent UK

Testimony from Sam Bankman-Fried's trusted inner circle will be used to convict him, prosecutors say

Prosecutors say they'll use testimony from FTX founder Sam Bankman-Fried's “trusted inner circle” of former executives at his collapsed cryptocurrency empire against him at an October trial

The Independent UK

Silicon Valley's latest hype: Eyeball-scanning silver orbs to confirm you're human

The project is called Worldcoin. It was co-founded by Sam Altman of ChatGPT fame. Its mission is to authenticate all the world's humans, one eyeball scan at a time.

WEKU

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WEKU

The future of crypto hinges on a fight between the SEC and a former burger flipper

A looming courtroom battle between the largest cryptocurrency exchange and the world's most powerful regulator promises to shape the future of crypto.

The Times of India

FTX founder Sam Bankman-Fried jailed after bail revoked

NEW YORK: A US judge on Friday canceled Sam Bankman-Fried's bail, citing reasonable suspicion that the charged creator of the insolvent FTX cryptocurrency exchange had attempted to influence witnesses on at least two occasions.

The Independent UK

FTX founder Sam Bankman-Fried ordered to jail after being accused of witness-tampering

Failed cryptocurrency wonderkid likely to be jailed until October fraud trial

The Independent UK

FTX founder Sam Bankman-Fried returns to New York as prosecutors push for his incarceration

FTX founder Sam Bankman-Fried is returning to New York City for a bail hearing

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Fortune

Ripple v. SEC: Why the crypto industry may have celebrated too early

Some favorable aspects of the decision for Ripple seem ripe for a reversal on appeal. That could strengthen the SEC’s hand going forward.

Fortune

Bitcoin briefly rockets past $30,000 as world’s largest cryptocurrency plateaus near year-highs

The token has traded near the $30,000 mark for more than a month.

The Conversation

Worldcoin is scanning eyeballs to build a global ID and finance system. Governments are not impressed

Millions of people worldwide are lining up to stare into a silver sphere about the size of a bowling ball so their irises can be scanned in exchange for online identity verification and “free” cryptocurrency.

Evening Standard

PayPal launches its own cryptocurrency

PYUSD is a stablecoin backed by the US dollar

Zenger

Bitcoin, Ethereum, Dogecoin Trade Mixed As Investors Await Inflation Numbers

Key macro driver for this week would be the Consumer Price Inflation report, says OANDA Analyst.

Zenger

Cryptic Messages And $73M In Outflows: Authorities Apprehend, Detain Huobi Execs

Cryptocurrency exchange Huobi experienced a net outflow surpassing $73

Zenger

Crypto Analyst Confident About Bitcoin’s Surge, But There’s A Catch

Well-known cryptocurrency analyst Tone Vays says that the price of Bitcoin (CRYPTO: BTC) will trend upwards

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