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The Latest Breaking News from Crypto

Layer-1 blockchain Sei Labs announces $50 million investment from Bitget and Foresight Ventures

The funding will support projects and liquidity on the upcoming blockchain.

Fortune

Lightspark launches tool to fix Bitcoin's Lightning Network in key test for Facebook vet David Marcus

The Lightning network has come up short in turning Bitcoin into an everyday payment tool. The well-funded startup Lightspark says it has solved that.

Fortune

Americans really don’t trust crypto, Pew survey shows

A mere 6% of those who have heard of crypto are very or extremely confident in it.

Fortune

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Bankruptcy marketplace Xclaim raises $7 million after crypto rebrand

The funding announcement follows the recent launch of OPNX, a competing exchange run by the founders of a bankrupt crypto hedge fund.

Fortune

CAT Labs, a crypto crime-fighting startup led by a former DOJ special agent, raises $4.3 million

Investors include Castle Island Ventures and Newark Venture Partners

Fortune

Bitcoin climbs past $30,000 for the first time since June 2022

Bitcoin climbed above $30,000 for the first time since June 2022, rallying more than 80% since the start of the year.

The Times of India

Helene Elliott: Lakers earn a 'hell of an opportunity' with play-in shot at playoffs

The crowd at Crypto.com Arena stood as one and roared while the clock ticked off the final seconds of a Lakers season that began with doubt and despair and ended with an invigorated team that earned more wins than anyone would have dared to guess.

Los Angeles Times

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FTX execs ‘joked internally’ about losing track of millions in assets, misused customer funds, and ‘stifled dissent’ before the exchange’s collapse, new debtors’ report says

SBF and a team of top execs also “stifled dissent,” “commingled and misused” funds, and “lied to third parties,” a new debtors’ report alleges.

Fortune

Is Silvergate the Newest Meme Stock?

Shares of Silvergate Capital (SI) have plummeted more than 95% over the past six months. The company recently announced its plans to shut down operations and liquidate after the crypto industry’s meltdown sapped its financial strength. Amid this, traders are increasingly placing bearish bets on the stock. With mounting short…

StockNews.com

Who made FORTUNE CRYPTO 40 and why: The winners, snubs, and more

The inaugural list is a research-based ranking of the players that define the crypto industry and are essential to its long-term success.

Fortune

Leaders lost their discipline. Now employees are paying the price.

Business leaders are changing tactics as the consequences of our abnormal pandemic behavior finally hit home.

Fortune

The FORTUNE CRYPTO 40 are building the future with blockchain

Fortune's new ranking highlights VC firms, NFT shops, data companies, decentralized protocols, and more.

Fortune

The making of Binance’s CZ: An exclusive look at the forces that shaped crypto’s most powerful founder

How China's hardball startup culture, Canada's Asian immigrant community, and "Rich Dad Poor Dad" helped Changpeng Zhao become a mild-mannered but sharp-elbowed competitor.

Fortune

Developer of Signature Bank’s 24/7 payment system calls crypto ‘a distraction’

Tassat's CEO said other banks aren't inquiring about implementing its solution for crypto settlement.

Fortune

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Fortune

Introducing the FORTUNE CRYPTO 40: Blockchain businesses built to last

Our first-of-its kind ranking identifies companies with the financial strength and sound business practices to survive a "crypto winter" and beyond.

The Times of India

FTX failure rooted in ‘hubris,’ ‘greed’: Report

Failed crypto exchange FTX Trading Ltd lacked fundamental financial and accounting controls, stifled dissent within the company and joked internally about their tendency to lose track of millions of dollars in assets, according to a report by the company’s debtors.

TechRadar

Nvidia says crypto is a scam, AI is the future - here's why I'm excited about that

Your next graphics card could be designed by an AI, if Nvidia has anything to say about it.

Barchart

Bitcoin and Ethereum Shine In Q1 2023

Bitcoin and Ethereum fell steadily from November 2021 through November 2022. However, the leading cryptocurrencies found bottoms and increased from the late 2022 lows. In Q1 2023, Bitcoin, Ethereum, and the asset class’s market cap posted significant gains and outperformed stocks, bonds, traditional currencies, commodities, and other asset classes.

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news in one place.

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Fortune

How 26,000 influencers are plugging and profiting from Binance

Binance’s affiliate program gives a select few a path to crypto riches—but at what cost?

Fortune

Ethereum's Shanghai upgrade looms. What you need to know

Investors finally will have access to more than $30 billion worth of the cryptocurrency.

Bangkok Post

Trying to determine if the crypto winter is ending

In late 2022 the cryptocurrency market crashed after a heady period of successive highs. The value of Bitcoin dropped 63%, the overall cryptocurrency market lost $1.63 trillion in value, and thousands of small altcoins were pretty much wiped from existence.

Fortune

Did the New York Times ethicist urge party guests to shun FTX employees?

The fallout out from the uncovering of Sam Bankman-Fried's massive fraud continues to ripple.

Fortune

One crypto VC thinks it’s the ‘best time’ to invest despite industry turmoil

Despite the turmoil, CoinFund’s David Pakman is bullish on investing right now—but perhaps not in the U.S.

Los Angeles Times

Bill Plaschke: Wilting loss reveals a stark reality for Lakers. They're not a championship team.

LOS ANGELES — After the fireworks smoke had cleared and the giddy shrieking had quieted and every T-shirt had been shot into hungry and sweaty arms, a cluttered Crypto.com Arena was left with a stark and solitary truth.

The Guardian - UK

UK regulators warn influencers of risks of promoting NFTs and cryptocurrencies

‘Finfluencers’ to be asked to consult checklist before accepting deals for ‘get-rich-quick’ schemes

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