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The Latest Breaking News from Cryptocurrency

A young crypto billionaire's political agenda goes well beyond pandemic preparedness

In May, an eccentric 30-year-old cryptocurrency billionaire named Sam Bankman-Fried made a startling proclamation. In a podcast interview, Bankman-Fried said he would spend as much as $1 billion of his estimated $12.8-billion fortune on American politics by the 2024 election, joining the ranks of megadonors such as George Soros and…

Los Angeles Times

Bitcoin, Ethereum, Dogecoin Rally Mutes — Prominent Trader Sees Big Upside In Coming Month With ETH Reaching For $2,500

The rally in major coins simmered down Thursday evening as the global cryptocurrency market cap rose marginally by 0.3% to $1.1 trillion at press time.

Benzinga

Zipmex crisis creates toxic Thai legacy

Smith Chayavorakul had been investing in cryptocurrency for eight months, riding the boom-and-bust cycle of market prices. But things changed when the Singapore-based crypto exchange Zipmex prevented investors from making withdrawals after it was caught in the market meltdown.

Bangkok Post

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The Impact of FUD On The Crypto Market: Time To Fight Back

Fear, Uncertainty, and Doubt, or FUD, is a big problem in the cryptocurrency industry. As CEO of one of the industry-leading crypto exchanges, I often have to be prepared for dealing with rumors, misinformation and bias, and understand how all of these developments affect the broader crypto industry.

Benzinga

How is crypto mined and why is it bad for the environment? Ethereum Merge is announced as complete

The update promises to slash the emissions of the world’s second-biggest blockchain by 99%, but Bitcoin is unlikely to follow

Evening Standard

Green credentials lift Ethereum prices

The price of Ethereum has jumped 10% to recover to its highest level in two months after the cryptocurrency announced testing work was under way to make using the coin more efficient.

Evening Standard

Dogecoin Daily: Price Jumps As Inflation Concerns Ease, But Co-Founder Asks If It's Just 'Delusional Optimism'

Dogecoin (CRYPTO: DOGE) rose nearly 6% to $0.07 over 24 hours leading up to early Thursday morning. DOGE rose alongside major coins as the global cryptocurrency market cap shot up 7.15% to $1.2 trillion.

Benzinga

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Bitcoin 'Might Rally Significantly,' Says Analyst As It Spikes Alongside Ethereum, Dogecoin On Moderating Inflation: Key Levels To Watch

Major coins rallied on Wednesday after July consumer price index data indicated a slowdown in inflation. The global cryptocurrency market cap rose 3.9% to $1.1 trillion at press time.

Benzinga

Bitcoin, Ethereum, Dogecoin Fall Ahead Of Inflation Data: Why Crypto Prices May Not Return To 'Prosperous' Levels

The global cryptocurrency market cap fell 2.7% to $1.09 trillion on Tuesday evening as investors awaited key consumer price index data.

Benzinga

Sei Network Helps Normalize Decentralized Finance With On-Chain Orderbook

Only 15.2 million people worldwide owned cryptocurrency in July 2017. Now, that number has jumped to 82 million crypto owners, according to is working to build exactly that architecture. Launched as a layer-1, meaning its blockchains can validate transactions without another network, and built on the Cosmos SDK, the most…

Zenger

How Blue Chips Like Bitcoin, Ethereum Are Performing Vs. Meme Coins In Crypto Winter

Beginning with Bitcoin (CRYPTO: BTC) which was launched in 2009, the crypto market has grown exponentially to now offer more than 20,000 unique crypto tokens from which investors can choose.

Benzinga

Crypto sector lobbying expenditures up a third in second quarter

WASHINGTON — Spending by the cryptocurrency lobby hit a record high last quarter, as members of Congress from both parties and chambers proved willing to engage with the industry’s top priorities.

Tribune News Service

Singapore regulator reiterates crypto dangers amid Hodlnaut woes

Cryptocurrency investment is “highly hazardous” but meltdowns in the sector have not created financial-stability risks for Singapore, regulators in the city-state said after another digital-asset firm ran into trouble.

Bangkok Post

Iran Makes First Import Order Using Cryptocurrency

Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the country to circumvent US sanctions that have crippled the economy. The order, worth $10 million, was a first step towards allowing the country to trade through…

Asharq Al-Awsat

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Benzinga

Dogecoin Daily: Price Firm Above 7 Cents, Lucky Node Runners To Get Customized Profile Pictures

Dogecoin (CRYPTO: DOGE) traded 4.1% higher at $0.07 over 24 hours leading up to early Tuesday morning. DOGE traded in the green in tandem with other major coins as the global cryptocurrency market cap rose 0.6% to $1.1 trillion.

Roll Call

Crypto sector lobbying expenditures up a third in second quarter - Roll Call

The cryptocurrency industry set a new spending record on lobbying in the latest quarter as it becomes a bigger issue in Washington.

The Guardian - UK

TV tonight: Tom Daley dives into a deep pool of homophobia

The diver questions his pride in Commonwealth Games medals given the anti-LGBTQ+ laws of many member states. Plus: has the cryptocurrency bubble burst? Here’s what to watch this evening

Benzinga

Bitcoin Trails Ethereum In Gains: 'Insane' Relief Rally Or 'Massive Fakeout', What's Next?

Ethereum dominated among major coins Monday evening as the global cryptocurrency market cap rose 2.5% to $1.1 trillion at press time.

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Bangkok Post

Singapore-based crypto lender Hodlnaut suspends withdrawals

HONG KONG: Hodlnaut, a Singapore-based crypto currency lender and borrower, has suspended withdrawals, swaps and deposits, the company said on Monday, the latest sign of stress in the cryptocurrency industry.

Reason

The Missing Cryptoqueen Details the Rise and Fall of Ruja Ignatova's OneCoin Con

Jamie Bartlett's gripping look at the schematics and psychology of a scam

Benzinga

Who Owns WazirX? Founder And Binance CEO Disagree Amid Money Laundering Probe

A day after the Indian Enforcement Directorate (ED) froze assets worth $8.1 million of cryptocurrency exchange firm WazirX as part of a money laundering probe, a Twitter war has broken out between the exchange’s founder Nischal She

Benzinga

Indian Law Agency Freezes $8.1 Million Of WazirX Funds As Part Of Anti-Money Laundering Probe

The Enforcement Directorate (ED), tasked by the Indian government to probe major financial crimes, announced Friday it had frozen assets worth $8.1 million of cryptocurrency exchange WazirX as part of an investigatio

Kiplinger

Stablecoins: What Are They and How Do They Work?

Stablecoins are gaining relevance in our daily lives. Here, we break down the different types of stablecoins and explain their use and risks.

Benzinga

Coinbase Short Sellers Take $363M Hit, Making It A 'Certain Squeeze Stock'

It’s been a rough year for Coinbase Global Inc (NASDAQ: COIN) investors, with the stock down more than 64% year-to-date overall even after a big 41.2% gain this week following a new cryptocurrency deal with BlackRock Inc (NYSE:

StockNews.com

3 Risky Crypto Stocks Investors Should Avoid

Bitcoin, the largest cryptocurrency, has been trading in a tight range due to the volatile economic backdrop. Moreover, with a disappointing global growth forecast, the crypto market might be bracing for more volatility. Amid this backdrop, we think crypto stocks Block, Inc. (SQ), Silvergate Capital (SI), and MicroStrategy (MSTR) might…

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