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The Latest Breaking News from Crypto

Bitcoin roars past $31,000 to 52-week high as interest from TradFi firms spurs trading

The cryptocurrency continues to see gains in the wake of TradFi firms making major crypto announcements.

Fortune

IMF says banning crypto 'may not be effective' and encourages governments to consider 'well designed' CBDCs

A Thursday blog post noted that people in Latin America have been turning to crypto for protection against macroeconomic conditions—and for cheaper and faster payments.

Fortune

Microsoft uncovers savage new cyberattacks hitting Linux and IoT devices

Hackers are brute forcing their way into Linux and IoT devices to deploy cryptomining malware, Microsoft finds.

TechRadar

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Are A.I. and crypto the perfect match?

There’s tremendous potential for A.I. to simplify crypto—but wen?

Fortune

Almost no one uses Bitcoin as currency, new data proves. It's actually more like gambling

Bitcoin boosters like to claim Bitcoin, and other cryptocurrencies, are becoming mainstream. There’s a good reason to want people to believe this.

The Conversation

‘None of that is really an issue at Coinbase’: CEO Brian Armstrong talks about Binance without talking about Binance

The Coinbase CEO distinguished the SEC’s action against his exchange from the agency’s other suits, including its action against Binance.

Fortune

Bitcoin Rallies Sharply this Week on Wall Street ETF Applications

Bitcoin (^BTCUSD ) today is trading -0.9% lower, but has retraced only a small part of Tuesday’s rally of +5.43% and Wednesday’s rally of +6.45%. Bitcoin on Wednesday posted a new 2-1/4 month high and stopped just shy of April’s 1-year high. Bitcoin is down by -56% from its record...

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Patrick McHenry wants to end the crypto quagmire in Congress

The powerful House Financial Services Committee is set to vote on legislation in July.

Fortune

Nvidia's ChatGPT monopoly is going to be worse for gamers than crypto ever was

Nvidia's AI hardware dominance is all but guaranteed to create a GPU crunch going forward that will make the cryptobubble look like a cakewalk for gamers.

TechRadar

Bitcoin soars past $30,000—notching the highest mark in more than a year—on ETF fever

The total market cap for all cryptocurrencies has followed suit, rising above $1.17 trillion.

Fortune

LIV Golf's Majesticks GC Agrees Sponsorship Deal

Crypto exchange OKX will partner with the team co-captained by Ian Poulter, Lee Westwood and Henrik Stenson

Golf Monthly

LIV Golf team announces crypto exchange company OKX as first global sponsor

Uncertainty swirls around the future of LIV amid the news of a partnership between the PGA Tour and PIF.

USA Today Sports Media Group

Maverick Protocol raises $9 million to challenge decentralized exchanges like Uniswap

Decentralized finance protocols saw increased trading volume shortly after the SEC sued Binance.

Fortune

Watch out crypto: TradFi is coming for you

Major players like BlackRock and Citadel are testing the crypto waters.

Fortune

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Fortune

Payments startup Ramp adds 40 national currencies that can be exchanged for crypto

The move adds the Brazilian real a week after the country passed landmark crypto-friendly legislation.

Evening Standard

South Korean ‘cryptocrash king’ Do Kwon jailed for forged passports

Police in Montenegro arrested Kwon in March when he was attempting to travel to Dubai

Fortune

‘Bringing some of the investor protections to it’: How EDX Markets is embracing TradFi to become the safest bet in crypto

The exchange is backed by TradFi players like Citadel Securities, Fidelity, and Charles Schwab.

Fortune

U.S. crypto banking is under frontal assault. Here’s what it will take for the regulatory freeze to thaw, according to a former Fed examiner

Even prior the recent crypto scandals, bank failures, and tighter regulatory scrutiny, regulators were cooling to crypto banking.

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Zenger

Japanese Crypto Exchanges Rally For Softening Of Margin Trading Restrictions

Industry professionals advocate for leverage ranging between 4-10 times to invigorate trade and attract blockchain companies.

Zenger

Ritholtz CEO Sees Signs Of Life In Crypto Market As Institutional Investors Eye Bitcoin ETFs

EDX Markets, backed by Charles Schwab, Fidelity, and Citadel Securities, launches digital asset marketplace for institutional traders.

Reason

Europe's Bitcoin-Busting Mistake

The E.U.'s new virtual currency regulations will endanger privacy and trigger an exodus of tech talent from Europe, hobbling its role in the future of finance.

Reason

Bitcoin's Greatest Test

The FTX meltdown, "Operation Chokepoint 2.0," and a "crypto winter" have only strengthened the resolve of the enthusiasts Reason spoke with at the annual National Bitcoin Conference in Miami.

Fortune

Can crypto really fix remittances?

The Moneygram CEO explains the lasting power of cross-border payment incumbents.

Daily Mirror

Crypto-pimps make ‘millions’ on new type of sex work which people have to train for

An undercover investigation revealed training grounds for sex workers where they were taught how to set up a cryptowallet, how to trade the currency and also the difference between good coins and 'the s**t ones'

The Guardian - UK

Tory peer faces questions over links to cryptocurrency lobbying firm

James Wharton is helping to forge Westminster connections for the cryptocurrency sector

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