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The Latest Breaking News from Crypto

Former FTX CEO Sam Bankman-Fried ordered to jail after judge revokes his bail

A federal judge has decided the disgraced former CEO of the cryptocurency exchange should be sent to jail as he awaits trial on fraud charges.

WEKU

Bittrex agrees to $24 million settlement after SEC sued crypto exchange alleging it ‘repeatedly chose profits over investor protection’

This is the second $20-million-plus settlement the federal government has reached with a crypto exchange this year.

Fortune

Worldcoin scans eyeballs and offers crypto. What to know about the project from OpenAI's CEO

Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world

The Independent UK

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FTX Bankruptcy Battle Turns Ugly As Management And Creditors Clash

FTX (CRYPTO: FTT) management is taking issue with traders and market makers on a principal creditor committee.

Zenger

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

How fast are Binance revenues falling? New trading data offers critical clues about the health of the crypto empire and its $37 billion coin

The double hit from legal crackdowns targeting Binance and steep drop in overall trading of digital currencies has hammered the exchange’s volumes.

Fortune

SEC will seek to appeal the landmark Ripple decision on whether XRP is a security

The agency is pushing back on a judge's ruling that programmatic sales of XRP did not represent a securities sale.

Fortune

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PayPal Launches U.S. Dollar-Denominated Stablecoin

Customers who buy the digital currency can transfer it between PayPal and compatible external wallets.

Kiplinger

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.

Fortune

The surprising reason behind the recent influx of Ether futures ETF applications

Inside the recent "sea change" from the SEC, which could lead to a new type of crypto asset.

Fortune

Austin Reaves says LeBron James deserves a Lakers statue

Lakers guard Austin Reaves thinks LeBron James has already accomplished enough in L.A. to get a statue outside of Crypto.com Arena.

USA Today Sports Media Group

Cyber startup SphereX raises $8M to help crypto users block suspicious transfers

The firm’s first product will let developers block suspicious transactions on the blockchain.

Fortune

Coinbase wants its junk back: Top U.S. crypto exchange may buy back up to $150 million of its bonds

The value of the firm’s stock has almost tripled since the beginning of the year.

Fortune

Binance becomes fully licensed in El Salvador, where 'Philosopher King' Bukele pushed to make Bitcoin legal tender in 2021

Binance and El Salvador are each fighting their own crypto-related battles.

Fortune

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Fortune

PayPal's push into stablecoins could pay off big time

Crypto purists may hate PayPal's stablecoin, but the company's shareholders will come to love it.

Fortune

Crypto heavyweights back new cybersecurity standards after nearly $4 billion was lost to hacks in 2022

Led by CAT Labs, the initiative would create an industry norm, with support from Fireblocks, Amphibian Capital, and Lockton.

Evening Standard

PayPal launches its own cryptocurrency

PYUSD is a stablecoin backed by the US dollar

The Independent UK

Confused about crypto? ICONOMI is a platform that lets you copy every move of the most skilled traders

lCONOMI’s copy trading platform aims to empower users to invest in cryptocurrencies like a pro

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Zenger

Libertify’s AI Audit: The Holy Grail Of Crypto Risk Management?

Libertify, an AI-driven risk management platform, unveiled its latest offering in crypto wealth management

Zenger

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

Cryptocurrency exchange Huobi experienced a net outflow surpassing $73

The Hindu

Parliament proceedings | ED seizures from crypto frauds mount to ₹1,144.5 crore

The Enforcement Directorate (ED) has arrested 20 persons and seized or frozen criminal proceeds of ₹1,144.5 crore in connection with crypto currency frauds

Fortune

Behind the scenes of Coinbase’s ambitious new Base blockchain, and what to expect from ‘on-chain summer’

Jesse Pollak, a leader of one of Coinbase’s biggest-ever product initiatives, explains what’s next for one of the newest blockchains.

Fortune

Is this crypto‘s next crisis? A Tether selloff and Huobi’s rumored insolvency spell trouble

There are good reasons to believe Huobi is about to fail, which could spur a further run on Tether.

PC Gamer

Hundreds sign up to ponder OpenAI founder's eye-scanning crypto orb despite data concerns

Who knew the processing of "sensitive data at a very large scale" might require a licence?

The Hindu

EOW Odisha claims to have unearthed a massive cryptocurrency-based Ponzi scam

The Economic Offence Wing (EOW) of Odisha police on August 7 claimed to have unearthed one of the largest cryptocurrency-based Ponzi schemes involving ₹1,000 crore and two lakh people.

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