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The Latest Breaking News from Crypto

FTX Crypto Cup | Praggnanandhaa beats Anish Giri, notches up second straight win

With each victory over the four rapid games worth $7500, Praggnanandhaa has already ensured $15,000

The Hindu

South Korean Founder of Failed Terra Coin Admits He Was 'Wrong'

The co-founder of the failed Terra cryptocurrency, which collapsed and wiped out about $40 billion of investors' money in May, has admitted he was "wrong", but said that he was not talking to South Korean investigators. The dramatic disintegration of stablecoin TerraUSD and its sister token Luna -- which both…

Asharq Al-Awsat

FTX Crypto Cup: Praggnanandhaa beats Giri, notches up second straight win

MIAMI: Young Indian Grandmaster R Praggnanandhaa continued his fine run in the FTX Crypto Cup, the American finale of Champions Chess Tour, beating Anish Giri of the Netherlands 2.5-1.5 in the second round here on Wednesday.

The Times of India

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FTX Crypto Cup: Praggu defeats Anish, shares lead with Carlsen

World No. 1 Magnus Carlsen and young gun R Praggnanandhaa made it two wins out of two on Tuesday at the FTX Crypto Cup in Miami.

The Times of India

Bitcoin, Ethereum Lag Behind As Dogecoin Becomes Top Gainer — Why One Analyst Thinks 'Things Could Get Ugly' Soon

Bitcoin and Ethereum traded in negative territory Tuesday evening as the global cryptocurrency market cap fell 0.7% to $1.14 trillion.

Benzinga

'We're Very Well-Positioned To Continue To Be A Market Leader': Kevin O'Leary-Backed WonderFi Says During Earnings Call

The Kevin O’Leary-backed crypto platform, Wonderfi Technologies Inc (OTCMKTS: WONDF) issued its third-quarter earnings report on Mo

Benzinga

Celsius is an even bigger dumpster fire than we thought

CEO Alex Mashinsky took over the embattled crypto exchange's trading strategy in January, and proceeded to make some questionable decisions at its helm.

Input

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Celsius Expected To Reach Negative Liquidity By October

Beleaguered crypto lending platform Celsius (CRYPTO: CEL) is projected to reach negative liquidity of around $34 million by October this year, according to the company’s latest Chapter 11 documents.

Benzinga

Where's Dogecoin Headed Next As The Crypto's Volume, Interest Surge?

Dogecoin (CRYPTO: DOGE) surged over 17% higher during Tuesday’s 24-hour trading session before retracing slightly to trade up about 10% of the Monday session close.

Benzinga

Martin Shkreli claims porn virus hack cost him $450K in crypto tokens

A suspicious dump of Shkreli's newly created crypto token may have been the result of malware disguised as porn.

Input

High stakes: the cryptocurrency casino king who bought the most expensive house in Victoria

Edward Craven, whose online gambling business has processed billions of dollars worth of bets, reportedly plans to raze the $80m property and rebuild

The Guardian - AU

'I Didn't Sleep For 8 Days,' Terra Luna Founder Do Kwon Tells Coinage Following Crypto Collapse

Do Kwon, founder of Terraform Labs, recently spoke with cryptocurrency media company Coinage in Singapore — his first media interview since the collapse of Terra Luna earlier this summer. Here's what he discussed:

Benzinga

Benzinga Before The Bell: Elon Musk May Get Info It Wants From Twitter, Apple To Lay Off 100 Recruiter Contractors, Saudi's Investment Fund Picks Stocks Of US Big Tech And Other Top Financial Stories Tuesday, August 16

Reuters

Benzinga

Revolut is giving away 'free money' to app users

The earned crypto can then be converted into euros

Dublin Live

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Evening Standard

£1.6 billion in cryptocurrency stolen as hackers exploit coding flaws

North Korea-affiliated groups are thought to be behind many of the hacking attempts

Irish Mirror

Revolut giving away 'free money' and everyone with the app can get it

Those with the app will be given €11.50 worth of crypto after watching the videos and completing two short quizzes afterwards

Radio France Internationale

Israel arrests suspects over stolen millions in crypto fraud against French treasury

Several suspects have been detained in Israel in connection with a multi-million cryptocurrency laundering scheme to defraud the French treasury.

The Times of India

FTX Crypto Cup: Praggu kicks off campaign with a win over Firouzja

CHENNAI: Young gun R Praggnanandhaa got off to the best start possible in the battle of the prodigies as he sealed a first-match win over Alireza Firouzja in Round 1 of the FTX Crypto Cup in Miami on Monday. Praggu was able to capitalize on an error from Firouzja. Praggu…

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The Hindu

FTX Crypto Cup | Praggnanandhaa stuns Firouzja, Carlsen stops Giri

The young Indian Grandmaster R. Praggnanandhaa reinforces his growing stature.

Benzinga

Bitcoin, Ethereum, Dogecoin Rally Halts As Chinese Data Disappoints: Are Investors Already Engaging In Profit-Taking?

Bearish sentiment kept major coins lower on Monday evening as the global cryptocurrency market cap declined 1.05% to $1.15 trillion at press time.

Los Angeles Times

'Bachelorette' contestant's firefighter dad has retirement locked up in bankrupt crypto lender

Chapman Shallcross had been burned before. Shallcross, father of current "Bachelorette" contestant Zach Shallcross, spent 34 years in the fire service, retiring from his job as a fire captain for the city of Orange after health issues caught up to him in 2020. The elder Shallcross considers himself a hands-on,…

Benzinga

Is Bitcoin Poised To Regain Important $25,000 Psychological Level? Here's What To Watch

Bitcoin (CRYPTO: BTC) was trading slightly lower during Monday’s 24-hour trading session after a second rejection near the $25,000 level. During Sunday’s 24-hour trading session the crypto also attempted to break up over the important psychological level and failed.

Tribune News Service

Crypto during a recession: Here’s what to expect

Bitcoin, the largest cryptocurrency in the world, was created in 2009 during the depths of the great financial crisis. It took a while to gain traction, but it, along with other cryptocurrencies, has since exploded into a major market worth around $1 trillion.

Benzinga

Elon Musk's Chest-Thumping, Shiba Inu Rallies, Google Issues Ultimatum To Workforce: 5 Key Stories You May Have Missed From The Weekend

The past weekend saw some activity in the crypto market, and it remains to be seen if the buoyancy spills over into their equity counterparts. As the major U.S. averages fight to carry on the momentum from last week, here's a recap of a few major headlines that hit the…

Benzinga

Benzinga Before The Bell: YouTube Plans Streaming Marketplace, Drug Pricing Bill Passes Congress, Bitcoin Could Surge To All-Time High Soon And Other Top Financial Stories Monday, August 15

Reuters PlayAGS Shares Pop Premarket On Takeover Offer At 33% Premium

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