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The Latest Breaking News from Crypto

Opinion: 'Don't invest in cryptocurrency or NFTs unless you understand them'

"Just because it’s cheaper, doesn’t mean it’s useful"

Birmingham Post

In 2020 Sam Bankman-Fried tweeted about a VC ‘horror story.’ Now that investor reveals what he saw at Alameda Research—and why he walked

Alexander Pack said he and his Dragonfly team met with Alameda executives, including Bankman-Fried, more than a dozen times over a five-to-six-month period from 2018 to 2019.

Fortune

Russian crypto billionaire dies in 'freak' helicopter crash as 'other passenger cancels'

Vyacheslav Taran, who founded Forex Club and Libertex, died in a mysterious helicopter crash in Monaco as it's reported another unidentified passenger was due to join him but cancelled last minute

Daily Mirror

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As FTX burned, lawmakers said to be dithering over regulator - Roll Call

FTX founder Sam Bankman-Fried’s prominence on Capitol Hill is said to have tainted bills deemed too favorable to the cryptocurrency industry.

Roll Call

Sam Bankman-Fried: Crypto’s Wolf of Wall Street

City Voices: Crypto still has a great future despite recent scandals

Evening Standard

Digital exchange Bitfront closes for business as crypto winter bites

The California based company stopped new customer sign ups at 5am today

Evening Standard

FTX collapse sends shockwaves through other Australian businesses

Withdrawals now suspended at the Brisbane-based cryptocurrency exchange Digital Surge for more than a week

The Guardian - AU

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Sam Bankman-Fried: Trust Is Everything

Ironically, the FTX meltdown is the best illustration yet of why the world needs bitcoin.

Reason

‘Crypto is done’: FTX collapse sends ripple through $78 billion sports sponsorship market

Imploded crypto company FTX’s hundreds of millions in sport sponsorships are being called into question and could cause other teams to review their crypto partners.

Tribune News Service

Crypto lender BlockFi goes bankrupt in aftermath of FTX

BlockFi Inc. filed for bankruptcy, the latest crypto firm to collapse in the wake of crypto exchange FTX’s rapid downfall.

Tribune News Service

Fundstrat saw Bitcoin hitting $200,000 before it fell to $16,000. Here’s why they’re still hopeful after a ‘horrific year’ for crypto

“It’s an important moment for the industry,” Fundstrat’s Tom Lee said. “I think there's a lot of people throwing gasoline in a crowded theater and yelling ‘fire.’”

Fortune

Major crypto lender BlockFi files for bankruptcy protection

New Jersey-based BlockFi had links with crypto exchange FTX, which filed for bankruptcy protection earlier in November.

Al Jazeera

$1.4b in superannuation tied up in 'wild west' cryptocurrency as the FTX fallout continues

Mum and dad investors including pensioners are facing big losses on their savings, as the ripple effect from the collapse of global cryptocurrency exchange FTX continues.

ABC News

A VC who’s been panning crypto since 2017 discusses where he’s investing now

Ramy Adeeb says his firm, 1984 Ventures, tries to avoid the flavor of the day, whether it’s [hotlink]Google[/hotlink] Glass, 3D printing, virtual reality, autonomous driving, crypto, or the current obsession with generative A.I.

Fortune

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Fortune

Miami-Dade County will add millions to FTX bankruptcy claim unless the arena naming rights deal with the crypto exchange is terminated

If the agreement isn’t terminated by Jan. 1, the county said it will add $5.5 million to its $16.5 million claim in bankruptcy court.

The Guardian - UK

Crypto lender BlockFi files for bankruptcy after FTX collapse

BlockFi announces Chapter 11 bankruptcy filing in US as fall of FTX continues to reverberate across industry

Fortune

Installation of crypto ATMs hits record low in September as downturn continues

The impact of Crypto Winter has spread far and wide.

Evening Standard

Crypto co-founder Tiantian Kullander found dead in his sleep aged 30

Shock as young crypt founder dies ‘unexpectedly’ in his sleep weeks after another crypto millionaire mysteriously drowned in Puerto Rico

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The Independent UK

BlockFi files for Chapter 11 bankruptcy protection

Cryptocurrency lender BlockFi is filing for Chapter 11 bankruptcy protection as the fallout from the collapse of FTX continues

Axios

Crypto lender BlockFi files for Chapter 11 bankruptcy protection

The crypto lender is the latest casualty of FTX's contagion

Texas Observer

Texas Is Becoming a Bitcoin-Mining Capital. Can the Grid Handle It?

Despite the FTX crash, ERCOT continues to court the cryptocurrency industry.

Fortune

3 crypto storylines to follow

The news frenzy around FTX is finally abating as people look for new stories. Here's what to watch for.

Wales Online

Gang kidnapped crypto trader, threatened him with machete and stuffed binbags in his mouth

The teenager was bundled into a car and hid hairs from the boot into his pockets in case he was murdered

The Guardian - UK

Scam attack on Ukrainian mother exposes flaw in UK bank safeguards

Woman who was conned out of £32,000 after she came to Britain was initially refused compensation because she used a debit card to transfer money from her account

The Independent UK

Tiantian Kullander: Founder of crypto company valued at $3bn dies ‘unexpectedly’ at age 30

Former Morgan Stanley and Goldman Sachs trader had made it to the Forbes 30 Under 30 list

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