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The Latest Breaking News from Crypto

Silvergate Capital To Shut Down, Liquidate Crypto-Friendly Silvergate Bank

SI stock tanked after hours Wednesday after Silvergate Capital announced plans to shut down and liquidate crypto lender Silvergate Bank.

Investors Business Daily

Dow Jones Futures Fall With Market Rally Stuck At Key Levels; Tesla Extends Slide

The market rally is right at critical levels, though Nvidia and chips look strong Tesla extended Investor Day losses. Crypto bank Silvergate Capital is shutting down.

Investors Business Daily

Top crypto bank collapses as Silvergate announces plans to wind down operations

The volatile sector's banking options are dwindling.

Fortune

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Ether and stablecoins are commodities, CFTC’s Behnam argues

Contradictory views on cryptocurrencies are setting up a regulatory clash.

Fortune

Central banks going crypto. Is it a good idea?

Across the world, these sober institutions are exploring digital currencies — and clashing with crypto aficionados

Financial Times

Lawmakers are trying to seize the crypto debate back

Can a divided Congress manage to pass legislation?

Fortune

Crypto payroll startup Toku raises $20 million

A growing number of big firms are paying staff in tokens, which creates an opportunity for specialized compliance and payroll startup Toku.

Fortune

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City regulator joins Met in raids on suspected crypto ATM operations

Joint investigation with police in London follows similar operartion in Leeds as part of wider crackdown on sector

The Guardian - UK

Kobe Bryant's wife returns to LA Lakers as tearful Pau Gasol joins icon in rafters

The LA Lakers duo helped their side to two championship titles and both of their shirts have now be retired and placed together high in the rafters of the Crypto.com Arena

Daily Mirror

Powell warns of crypto risks, but doesn't want innovation stifled

The chairman added separately in a Senate hearing on Tuesday that the Fed could accelerate rate hikes in the coming year.

Fortune

Missing $96,000 is your problem, Coinbase allegedly told an account holder

The crypto exchange's response to the alleged theft “disclaimed any responsibility for the hacking of its customers’ accounts".

Fortune

Why Grayscale has a 40% chance of winning its Bitcoin ETF battle with the SEC

Here's an overview of the odds as Grayscale and the SEC square off in court this week.

Fortune

A huge Ethereum events raises the question of how many blockchains we actually need

The huge turnout at ETHDenver shows crypto is thriving but also raises the question of how many blockchains we need.

Fortune

Singapore police have begun probing crypto fugitive Do Kwon’s Terraform Labs

Singapore police said they have begun a probe linked to Terraform Labs Pte, the company co-founded by crypto fugitive Do Kwon.

Bangkok Post

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USA Today Sports Media Group

Golden State Warriors vs. Los Angeles Lakers, live stream, channel, time, how to watch NBA this season

The Golden State Warriors will look to extend their five-game winning streak on Sunday when they face the Los Angeles Lakers at Crypto.com Arena.

St. Louis Post-Dispatch

Late goals by Los Angeles sink Blues in 4-2 loss to Kings

LOS ANGELES –The St. Louis Blues didn’t play a bad hockey game Saturday at the rink now known as Crypto.com Arena, but the Los Angeles Kings were just a little better.

The New Daily

Judge ponders limits on FTX fraud suspect Sam Bankman-Fried’s phone and laptop

Disgraced crypto currency trader Sam Bankman-Fried has been admonished by a judge for violating the terms of his house arrest

Fortune

Crypto’s favorite bank is on the brink. What happens if Silvergate fails?

Silvergate's collapse is a cautionary tale to the industry—and to regulators.

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Evening Standard

Top 5 artificial intelligence (AI) cryptocurrencies

AI cryptocurrencies are a relatively new frontier in the crypto space, combining decentralised finance with machine learning technology.

Fortune

Bitcoin falls 5% overnight to $22,300—after touching $25,000 last month—as Silvergate troubles weigh on price

The cryptocurrency briefly broke $25,000 just last month.

Fortune

New Uniswap wallet not available in Apple's App Store

Apple is barring the popular DeFi platform from distributing its new wallet in the App Store.

Fortune

Bitcoin is for Republicans, Ethereum is for Democrats

The colorful pageantry on display at ETHDenver highlights a cultural contrast between crypto's two main tribes.

Investors Business Daily

Silvergate Stock Dives 55% As Financial Woes Delay Earnings, Scare Crypto Firms

Silvergate Capital stock halved on Thursday as financial woes forced the crypto lender to delay annual results, crypto firms jump ship.

StockNews.com

Up 83% This Year, Is Coinbase Stock a Buy?

With an 82.7% surge in stock price since the beginning of the year, we look into Coinbase Global’s (COIN) fundamentals to determine if the stock is worth the hype. Read on….

Fortune

SEC adds more bodies to crypto enforcement unit as companies still await rule book from Gensler

The agency started 2023 with actions against Kraken, Paxos, and Terraform Labs.

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