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The Latest Breaking News from Crypto

Crypto reaps political rewards after spending big to boost Trump

America’s biggest crypto companies are riding high. Plus, can the left reclaim techno-optimism?

The Guardian - US

Cryptocurrency’s transparency is a mirage: New research shows a small group of insiders influence its value

United States President Donald Trump recently announced the U.S. would establish a strategic cryptocurrency reserve of Bitcoin, Ether, Ripple, Solana and Cardano. This move, he said, would make the U.S. “the crypto capital of the world.”

The Conversation

NCA officer charged following alleged Bitcoin theft

According to the force, the cryptocurrency was worth nearly £60,000 in 2017.

Evening Standard

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India arrests Russia-linked crypto exchange admin wanted by US

Crypto kingpin Aleksej Besciokov arrested from Varkala in south India

The Independent UK

Coinbase To Suspend $FLOKI, $TURBO, $GIGA Trading In New York: 'Memecoin Supercycle Canceled'

Coinbase said it will suspend trading in New York for three meme coins next month, drawing criticism from crypto users who believe the platform made a lot of money on meme tokens but is now dropping the coins amid the bear market.

International Business Times

Chewy CEO Sumit Singh on how to deal with chaos

Also: Trump’s crypto cabinet, Intel appoints new CEO.

Fortune

Half a dozen members of Trump’s cabinet hold Bitcoin assets, disclosures reveal, with a combined total worth millions

“Headwinds have turned into tailwinds,” for the crypto world because of the new administration, digital asset platform Abra’s CEO said.

Fortune

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$BNB Pumps After Binance Secures 'Single Largest Investment' In Crypto From Abu Dhabi's MGX

$BNB prices were up Wednesday after Binance announced it secured a $2 billion investment from UAE tech firm MGX, marking the single largest investment in a crypto company so far.

International Business Times

$XRP Up On News SEC Case vs Ripple May Be Over Soon

$XRP climbed Wednesday night as crypto users discussed a new report regarding the SEC supposedly wrapping up its case against Ripple, the largest known corporate holder of the $XRP token and the overseer of the XRP Ledger's development.

International Business Times

Bitcoin rebounds after a rosy inflation report—but there are storm clouds on the horizon

Inflation hit 2.8% in February, adding 0.2% instead of the 0.3% economists expected.

Fortune

Senate poised to advance landmark crypto bill, Warren warns of Elon Musk 'controlling' financial system

The Senate is expected to mark up a stablecoin bill on Thursday.

Fortune

Binance nets biggest ever crypto investment as UAE-backed MGX puts in $2 billion

The investment came in the form of stablecoins and reflects the growing presence of crypto in the Middle East.

Fortune

Stablecoins Will Benefit The US Financial System: House Republicans

Stablecoins were at center of a House Financial Services Committee hearing Tuesday, wherein House Republicans highlighted the benefits of such coins to the broader financial system.

International Business Times

Franklin Templeton Files For $XRP ETF Amid SEC Delays On Crypto Applications

Franklin Templeton has filed an S-1 form with the SEC to issue an $XRP ETF, on the same day Wall Street regulator delayed its decision on the filings for other cryptocurrency ETFs.

International Business Times

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Fortune

Crypto.com is suddenly one of the world’s top exchanges. Its competitors can’t figure out how it got there

The exchange says it has risen to the top with superior service, but some are asking about how it is using an internal trading team and market makers.

International Business Times

SEC To Reconsider Definition Of 'Exchange' That A Coinbase Executive Previously Criticized

The SEC's previous leadership has been criticized many times by the industry, but new leaders have taken over, and they are moving fast toward positive changes for crypto, including on the definition of the term "exchange."

International Business Times

Nigeria Moves Gingerly To Tame Africa's Biggest Crypto Market

Nigerian authorities are warily moving to regulate Africa's largest cryptocurrency market in long-delayed efforts to create legal certainty in a field still fraught with fraud and volatility.

Evening Standard

London City Lionesses founder wins High Court divorce battle over £7million family home

Diane Culligan, 63, and financier ex Anthony, 62, lived a lavish lifestyle, funded by his Bitcoin fortune after he turned a £10,000 crypto purse into £20million

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International Business Times

Crypto Erases Trump Bump: Bitcoin Plummets To $77K, Ethereum Below $2K, $XRP Under $2

The crypto market has erased all gains it made since Donald Trump secured his second presidential win, with Bitcoin plunging below $77,000 at one point and Ethereum falling under $2,000.

Fortune

Sam Bankman-Fried is angling for a pardon from President Trump. Insiders call it a long shot

Though Trump has embraced the crypto industry, he’s unlikely to bail out SBF.

Fortune

The crypto market continues to stumble as Trump declines to rule out potential recession this year

Trump tells Fox News that the country will experience a “period of transition.”

Fortune

Coinbase CEO plans to hire 1,000 U.S. workers, saying Trump ‘breathed life back" into industry

The crypto CEO attended the White House’s Crypto Summit on Friday.

The Independent UK

North Korean hackers are cashing out after world’s biggest crypto heist, experts warn

Hackers using automated tools and working in shifts to convert assets to fiat money, experts say

International Business Times

Trump Has Delivered A Bitcoin Reserve And Digital Asset Stockpile – Why Are Crypto Users Upset?

Crypto users were not very pleased with the announcement of a strategic Bitcoin reserve and a digital asset stockpile, especially since crypto prices have not really rallied even after the big announcement from the Trump administration.

International Business Times

Is Binance Manipulating Crypto Prices? Community Figures Accuse Leading Exchange Of Wiping Out Coins

Binance is in hot waters after several well-followed figures in the crypto community raised alarms about the exchange supposedly engaging in price manipulation.

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