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The Latest Breaking News from Crypto

The U.S. crypto industry hangs in the balance: It’s time for Washington to wake up

The EU is fast becoming the go-to place for crypto developers. The U.S. needs to respond.

Fortune

Kyrie Irving joining LeBron James? Maybe not, but Mavericks still have problems to solve.

DALLAS — If Kyrie Irving showing up courtside to watch the Nuggets sweep the Lakers means he’ll wear purple-and-gold next season, then, by that logic, we must assume Vin Diesel will make another “Fast and Furious” sequel with Adam Sandler, Jason Bateman, Jason Sudeikis, Edward Norton and Andy Garcia, and…

Tribune News Service

Scammers net 6 figures on Bitcoin Pizza Day

Several sketchy pizza-themed coins have emerged in the past couple of days, including BPizza and EthPizza.

Fortune

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read the most diverse news in one place.

Why Gary Gensler can find a sympathetic crowd among Bitcoiners

Why Coinbase’s lawsuit against the SEC is more than what it seems.

Fortune

Is Investing in Bitcoin and Other Cryptocurrencies Really Just Gambling?

Politicians in the UK are arguing investing in cryptocurrency is really gambling. A Kiplinger editor weighs in.

Kiplinger

Global watchdog calls for UK to regulate crypto in same way as stocks and bonds

Iosco recommendation runs counter to MPs’ stance that cryptocurrency trading should be treated as form of gambling

The Guardian - UK

Crypto trading: politicians who say it should be treated like gambling are completely wrong

Cryptocurrency trading should be regulated in the same way as gambling, according to the UK parliamentary select committee in charge of scrutinising finance. The committee published a report arguing that this was necessary because digital assets such as bitcoin have “no intrinsic value, huge price volatility and no discernible social…

The Conversation

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Did Apple just change its crypto policy? Don’t believe the hype

An NFT app hailed a big change in Apple’s crypto policy, but the story is not what it appears to be.

Fortune

Biden takes swipe at ‘wealthy tax cheats and crypto traders’ on final day of G7 summit

The U.S. president spoke in reference to ongoing debt-ceiling negotiations between Republicans and Democrats.

Fortune

Veteran crypto traders raising 1,000 Bitcoin for BTC-denominated fund

BXB Capital gained prominence with the Kimchi premium and the first Korean won-backed stablecoin.

Fortune

Scottish grandad loses £10,000 in cryptocurrency scam after his friend recommended it

Tom Roberts, 66, was left gutted after he lost £10,000 of his retirement funds through a 'cryptocurrency scam', and is now speaking out to warn others against fraudulent behaviour.

Edinburgh Live

Scots OAP cancer victim loses £10,000 of retirement funds in 'cryptocurrency scam'

Tom Roberts, 66, was gutted when he lost £10,000 of his retirement money and has now spoken out to warn others against investing in the “scam”.

Daily Record

Crypto market aflutter

Last year was a rough one for cryptocurrencies as Bitcoin, the largest digital asset in the world, lost nearly 65% of its market value.

Bangkok Post

'No need to blow up 8 years of building' over one U.S. regulator—institutional investors offer a reassuring long view of crypto

Don't rely on short-term doom-and-gloom narratives to make sense of what's really going on in crypto.

Fortune

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Fortune

How the FBI prevented $130 million in crypto ransomware attacks by hacking the hackers behind Hive

The group had extorted $100 million in ransoms from schools, financial firms, and health care facilities since June 2021.

Zenger

France Welcomes Crypto Companies Seeking Refuge From US Regulators

French officials have been touting a regulatory framework that offers relative predictability for crypto companies

Zenger

UK Members Worry About The Risks Of Cryptocurrency And Non Existing Regulations

UK lawmakers want to treat cryptocurrency trading like gambling as the fall of FTX has brought concern to world regulators.

TechRadar

OpenAI's CEO to get $100 million to scan everyone's eyes for new crypto project

The father of ChatGPT seeks to use iris-scanning tech for his new global cryptocurrency Worldcoin. Here's all you need to know.

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Fortune

Brooklyn-based Coin Cafe ordered to return $4.3 million to 'defrauded' crypto investors by New York New York attorney general

The move comes two weeks after the office proposed sweeping crypto legislation for New York State.

Fortune

Is crypto trading the same as gambling? This U.K. parliament committee thinks so, and most crypto advocates—unsurprisingly—disagree

The Treasury Committee in the House of Commons said crypto assets have "no intrinsic value."

Fortune

Coinbase Cloud joins Chainlink as a node operator in a bid to improve crypto infrastructure

The infrastructure provider tied to U.S. crypto exchange Coinbase is the latest of several high profile names to become node operators.

Fortune

Future of Finance: PwC’s Oliver on how 'fintech is becoming crypto'—and approaching the point where 'there is no paper money'

The PricewaterhouseCoopers partner also said that when the dust finally settles, most of the biggest names in finance won’t be going anywhere.

Insider UK

Treating cryptocurrencies as gambling would be 'a backwards step'

A government committee report has proposed new regulation for the nascent industry

Fortune

Shaq’s been on TV nonstop during the NBA playoffs—but here’s the strange tale of how he avoided FTX crypto class action papers for months

The chase was part of a much publicized, multi-billion dollar class action suit brought against eleven celebrities who’d famously promoted the bankrupt crypto exchange FTX.

Evening Standard

OPINION - Tech & Science Daily podcast: Should crypto trading be treated like a type of gambling?

The Treasury Committee says that consumer cryptocurrency trading should be regulated as gambling.

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