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The Latest Breaking News from Cryptocurrency

Crypto-linked bank failures fuel regulation debate

LONDON: The global cryptocurrency industry has been slammed by setbacks, scandals and high-profile failures in recent months, sparking a regulatory rush to protect consumers from fraud and scams.

Bangkok Post

The DOJ And The SEC Probing The Investigations Of The Collapse Of Silicon Valley Bank

The investigation of the failure of Silicon Valley Bank involve shares that sold and bonds that were bought by the bank

Zenger

What crypto 'staking' really means

Misusing crypto terms like "staking" shows how much words matter—and how ignoring that harms the industry.

Fortune

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Arbitrum, a leading scaling solution for Ethereum, will finally have a native cryptocurrency

The long-awaited launch of the coin will further decentralize the blockchain ecosystem, says Offchain Labs, Arbitrum’s initial developer.

Fortune

NY bank's demise: Contagion or a problem with the business?

A New York-based bank's demise was stunningly fast

The Independent UK

Nottingham Forest star returns to homeland after losing £1m to cryptocurrency

Gustavo Scarpa joined Nottingham Forest from Brazilian club Palmeiras in January but returned to his homeland after losing £1million in an alleged cryptocurrency fraud

Daily Mirror

Cathie Wood: regulators missed 'crisis looming in plain sight'

The tech investor argued that problems in traditional banking hurt cryptocurrencies, not the other way around.

Fortune

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Crypto DeFi Future: Will it Come Back Stronger?

Decentralized Finance (DeFi) applications brought new and exciting trends to the cryptocurrency industry. Complete offerings like GameFi, SocialFi, and ReFi influenced and complemented many sectors in the past year.

inkl

NatWest limits cryptocurrency payments due to scams and offers tips to avoid being duped

There will now be a daily limit and a monthly limit

Wales Online

NatWest limits cryptocurrency payments amid scam concerns

A daily limit of £1,000 and a limit of £5,000 over a 30-day period are being implemented by the bank.

The Independent UK

Bitcoin surpasses $25,000 after SVB collapse, CPI report

The cryptocurrency has struggled to maintain momentum past the $25,000 mark in 2023.

Fortune

NatWest set new limits on cryptocurrency trading

New daily and monthly limits for customers are being introduced by the bank

Birmingham Post

Signature Bank seized to send banks a message, director says

A regulatory takeover of a New York-based bank was intended to send a message to banks to stay away from the cryptocurrency business

The Independent UK

Sen. Pat Toomey on Cryptocurrency and FTX's Collapse

"It's not clear that FTX would have existed, at least at its scale, if we had domestic guidelines for American companies," the former senator tells Reason.

Reason

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The Times of India

India imposes money laundering provisions on crypto sector

NEW DELHI: India has imposed money laundering provisions on the cryptocurrency sector, the latest step by the government to tighten oversight of digital assets.

Bangkok Post

Bitkub to invest in AI startup ThaiGPT

Bitkub, Thailand's leading cryptocurrency exchange, will invest in the newly-established ThaiGPT as part of the company's strategy to expand the business to the research and development of artificial intelligence (AI) technology.

The Independent UK

Bankman-Fried might use flip phone under stricter bail plan

Prosecutors and attorneys for FTX founder Sam Bankman-Fried are requesting the disgraced cryptocurrency entrepreneur be allowed a flip-phone or another device that’s not a smartphone while on bail

Evening Standard

Top 5 artificial intelligence (AI) cryptocurrencies

AI cryptocurrencies are a relatively new frontier in the crypto space, combining decentralised finance with machine learning technology.

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Fortune

Bitcoin falls 5% overnight to $22,300—after touching $25,000 last month—as Silvergate troubles weigh on price

The cryptocurrency briefly broke $25,000 just last month.

Daily Record

Martin Lewis issues scam warning after man loses £12,000 in 'devious' ploy

A caller on This Morning had been conned out of thousands of pounds in a cryptocurrency scam, which Martin said made him feel "sick".

Tribune News Service

Former FTX head of engineering Nishad Singh pleads guilty in billion-dollar fraud case

NEW YORK — The former head of engineering at Sam Bankman-Fried’s bankrupt cryptocurrency trading firm FTX owned up to fraud charges on Tuesday, federal prosecutors said.

Wales Online

Martin Lewis warns ITV This Morning viewers about scams that leave him feeling 'slightly sick'

A caller, John, said he had lost over £12,000 to a cryptocurrency scam

Tribune News Service

Nishad Singh, former FTX head of engineering, pleads guilty in billion-dollar fraud case

The former head of engineering at Sam Bankman-Fried’s bankrupt cryptocurrency firm owned up to fraud charges on Tuesday, federal prosecutors said.

Fortune

Robinhood received SEC subpoena shortly after FTX collapsed

The subpoena is another potential threat to Robinhood's struggling crypto business.

WEKU

Disgraced FTX founder Sam Bankman-Fried has another big problem: He won't shut up

Most white-collar defendants lay low, but the ex-CEO of the collapsed cryptocurrency exchange FTX has been talking, tweeting, and sending email newsletters. Those comments could come back to hurt him.

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