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The Latest Breaking News from Crypto

Crypto hacker who stole $11 billion of bitcoin sentenced to prison

Ilya Lichtenstein sentenced for theft of $11 billion worth of bitcoin from the Bitfinex crypto exchange

The Independent UK

Did Polymarket's founder fly too close to the sun? What the FBI raid means for Shayne Coplan and his business

Shayne Coplan became one of the hottest new faces to come out of the 2024 race. Could a criminal investigation derail his Polymarket dreams?

Fortune

Man who stole and laundered roughly $1B in bitcoin is sentenced to 5 years in prison

A computer expert who stole bitcoin worth billions of dollars at current prices — and then spent years laundering some of the hacked cryptocurrency with help from his wife — has been sentenced to five years in prison

The Independent UK

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Nvidia tells the US Supreme Court it should dismiss a lawsuit accusing the company of misleading investors over crypto

Are some people salty they pulled out of investing in Nvidia?

PC Gamer

Cryptocurrencies are making investors very rich – and making it harder to catch financial scammers

Fraudulent payments – where people are tricked into sending money to criminals – cost consumers £460 million in England and Wales last year. To give consumers more protection, the UK government now plans to give banks 72 hours to delay completion of potentially fraudulent transfers.

The Conversation

Trump's Pick For Intel Chief – A Former Democrat – Is Pro-Crypto

Donald Trump's cabinet is shaping up to be largely pro-crypto, as he announced Wednesday that he has chosen former Democratic Rep. Tulsi Gabbard to lead national intelligence.

International Business Times

Exclusive: Portal Ventures raises oversubscribed $75 million crypto fund backed by Chris Dixon and Marc Andreessen

The pre-seed venture firm is deploying capital as the blockchain industry comes roaring back.

Fortune

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$SHIB Vibes: $PEPE Surges After Coinbase, Robinhood Crypto Listings

$PEPE is surging after Coinbase and Robinhood announced Wednesday they are listing the memecoin – some crypto users expect the meme token to have a similar uptrend pattern as another popular memecoin, Shiba Inu.

International Business Times

FBI raids Polymarket CEO’s home as part of investigation into election betting platform

The 26-year-old had devices seized in what the company claims was ‘obvious political retribution’ after Donald Trump’s victory

The Independent UK

Polymarket CEO Calls Out 'Current' Administration's 'Last-Ditch' Move After Reported FBI House Raid

Polymarket CEO Shayne Coplan spoke out after reports FBI agents raided his house and seized his electronics.

International Business Times

Bitcoin Hits $93K – Expert Says $200K Before Year-End Possible Under One Scenario

Bitcoin has once again hit a new all-time high, passing the $93,000-mark and is showing signs of going even higher – with much optimism for a new administration's friendlier tone toward crypto, is $200,000 possible before 2024 comes to a close?

International Business Times

VanEck launches exchange-traded Sui offering in Europe

Sui, launched in May 2023, has quickly become one of the top cryptocurrencies amassing $8.8 billion market cap.

Fortune

South Korean police arrest 215 people in suspected $228m crypto scam

Alleged criminal ring is the biggest cryptocurrency investment scam in country’s history, according to police

The Guardian - US

Bitcoin users are largely rich, white and banked, according to a new FDIC poll of 30,000 households

The FDIC polled 30,000 households about their crypto use, and made some surprising discoveries.

Fortune

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International Business Times

Trump Victory Signals Golden Era For Crypto Industry

Donald Trump's triumphant return to the White House signals a potential golden era for cryptocurrencies, whose influential backers heavily supported his presidential bid.

Top News

Dogecoin Surges As Trump Appoints Musk To Lead DOGE Department

Discover the reasons behind Dogecoin's recent surge in value, from market demand to Trump and Musk's influence, reflecting the evolving landscape of crypto...

The Guardian - US

Bitcoin clears $93,000 and Dogecoin soars amid Trump-fueled crypto rally

Cryptocurrency boosters are expecting the president-elect’s economic team to be crypto-friendly

The Independent UK

Bankrupt and disgraced FTX sues Binance for $1.8 billion in bare-knuckle crypto feud

Imprisoned crypto king Sam Bankman-Fried is now accused of yet even more wrongdoing, this time by the defunct exchange he founded.

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news in one place.

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Fortune

As crypto fortunes swell, Robinhood announces tie-up with charity platform Daffy

Daffy has facilitated the donation of over $25 million of crypto to charity.

The Guardian - UK

Cryptocurrency traders: share what got you into crypto, and how you feel about recent developments

We’d like to hear from people who have bought cryptocurrencies such as bitcoin, ethereum as well as smaller currencies how they have been faring

International Business Times

US Seeks Recovery Of Millions In Crypto Linked To SBF's Alleged Chinese Officials Bribe

The U.S. has filed a legal complaint to recoup over $17 million in various cryptocurrencies linked to Sam Bankman-Fried's alleged bribery of Chinese officials in 2021.

International Business Times

SEC Chair Resignation Patterns Since 2016 – Will Gary Gensler Resist Or Follow Suit?

The last two SEC Chairs left the Commission without resistance, going with the flow of tradition wherein leaders resign upon the entry of a new administration, but Gary Gensler's silence in recent days has raised the question of whether he will finish his term or step down in the face…

International Business Times

Canary Capital Files To Issue First $HBAR ETF, Driving Hedera Price Up

Canary Capital, which already applied to issue three different altcoin ETFs, has filed for another crypto ETF, and this time, it's for the $HBAR token, the Hedera Network's native cryptocurrency.

The Conversation

The crypto community sees a powerful new friend in Donald Trump. Here’s why

It can be hard to make sense of the price of bitcoin, which has swung wildly throughout its history. But in the aftermath of Donald Trump’s presidential victory in the United States, it’s reached unprecedented highs.

Fortune

Trump could 'kick off a crypto Golden Age' by delivering regulations the industry has been craving for years, Paxos CEO says

“There’s so much pent-up demand,” Chad Cascarilla said at Fortune's Global Forum.

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