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The Latest Breaking News from Cryptocurrency

Amid 'Existential Priority,' Coinbase Seeks To Accelerate Europe Expansion

San Francisco-based cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) is reportedly doubling down on its overseas expansion, registering in markets including Italy, Spa

Benzinga

Bitcoin, Ethereum Under Pressure, Dogecoin Gains: Stressed Miners Are Selling BTC, But Who's Buying?

Bitcoin and Ethereum were under pressure even as they traded above key levels of $20,000 and $1,000, respectively, on Wednesday evening, with the global cryptocurrency market cap falling 1% intraday to $898.1 billion at press time.

Benzinga

'Crypto winter' puts North Korea's nuke program on ice

The ongoing decline in cryptocurrency values affects everyone holding coin, including Kim Jong-Un.

Input

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How Much Is A $1,000 Portfolio of ETH, DOGE, SHIB and SOL Invested One Year Ago Worth Now?

The past month has witnessed an extreme downturn in the crypto market. The current market cap of the cryptocurrency sector sits at $947 billion, down from its all-time high of more than $3 billion.

Benzinga

Latest Bitcoin Meltdown Pressures Chinese Crypto Companies

Key Takeaways: Ebang, a maker of cryptocurrency mining machines, has been warned about potential delisting from the Nasdaq after its stock remained below $1 for a prolonged period Rival crypto mining equipment maker Canaan repurchased warrants it issued last year after its stock plunged to levels well below the exercise…

Benzinga

Crypto crisis: how digital currencies went from boom to collapse

Savers talk of devastating losses as assets such as bitcoin and ‘stablecoins’ like terra fell sharply

The Guardian - UK

Three Arrows Capital to become latest casualty of crypto crash

Crypto hedge fund facing collapse after claims of $650m default on loan to Voyager bank

The Guardian - UK

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Someone Just Sent $93M In Bitcoin Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $93,917,465 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1qsmp3rg7tdx749r8l3zvzetkmqdgdf056petlzq

Benzinga

Cathie Wood Defends Coinbase Allocation: Crypto Revolution 'Will Not Be Stopped'

Ark Investment Management founder and CEO Cathie Wood explained why her company's flagship fund has maintained a strong allocation in cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN), in an interview with

Benzinga

Why Is Dogecoin Slumping Today?

Dogecoin (CRYPTO: DOGE) traded 8.35% lower at $0.065 over 24 hours leading up to the early hours of Wednesday. The meme cryptocurrency declined along with the global cryptocurrency market cap, which fell 3.75% to $902.3 billion at press time.

Benzinga

Some Crypto Exchanges Are 'Secretly Insolvent' And 'Too Far Gone,' FTX Chief Tells Forbes

Sam Bankman-Fried, founder and CEO of crypto exchange FTX, warns that some cryptocurrency exchanges may already be insolvent and that failures are imminent.

Benzinga

How Bitcoin Crash Could Hurt Kim Jong-Un's Weapons Tests

A plunge in the prices of cryptocurrencies has dwindled the value of digital coins stolen by North Korean hackers, potentially denting a key source of funding Kim Jong-Un would require to fund his ambitious weapons programs.

Benzinga

Snoop Dogg: Crypto Crash 'Weeded Out' Everyone Who Wasn't Supposed To Be There

American rapper and NFT enthusiast Snoop Dogg believes that every great industry goes through a downfall and cryptocurrency will surely bounce back.

Benzinga

Crypto Exchange Reveals 'Bitcoin Jesus' Roger Ver Owes It $47M: What Next?

CoinFLEX CEO Mark Lamb has publicly revealed that Roger Ver is the high net worth client who owes the cryptocurrency exchange $47 million. What Happened: In a series of tweets on Tuesday, Lamb said that Ver owes $47 million worth of USDC.

Benzinga

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Chicago Sun-Times

Jonathan Jackson wins 1st District congressional race, Danny Davis leads in 7th

The son of Rev. Jesse Jackson Sr. beat 16 other Democrats, while longtime Congressman Davis defeated a progressive rival.

Benzinga

Bitcoin, Ethereum, Dogecoin Slip Alongside Weaker Stocks: Analyst Says Altcoins 'Showing More Strength'

Bitcoin and other major cryptocurrencies showed weakness Tuesday evening as the global cryptocurrency market cap slipped 2.8% to $908.1 billion at press time.

Reuters

Crypto crash threatens North Korea's stolen funds as it ramps up weapons tests

The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes.

Bangkok Post

3AC defaults on loan worth $670m

Three Arrows Capital (3AC), a prominent crypto hedge fund, defaulted on a loan worth over US$670 million, prompting a steep fall in Bitcoin's price to below $21,000.

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Benzinga

Morgan Stanley: Proof-of-Stake Won't Fix Ethereum's Problems, But There Is A Silver Lining

A transition to a fully proof-of-stake (PoS) consensus mechanism, dubbed "the merge" by cryptocurrency enthusiasts, won’t fix Ethereum’s (CRYPTO: ETH) issues, according to

The National (Scotland)

Scots warned of 'worrying' surge in cryptocurrency scams

SCOTS are being urged to remain vigilant amid a “worrying” spike in cryptocurrency scams.

Benzinga

$100 Invested In Robinhood Right Now Would Be Worth This Much If It Hits Same Level As At Height Of Dogecoin Mania

Robinhood Markets, Inc. (NASDAQ: HOOD) rallied strongly on Monday amid rumors that cryptocurrency exchange FTX could be eyeing acquiring the trading app.

Tribune News Service

Labor Department warning opens divide on crypto in 401(k) plans

WASHINGTON — Lawmakers and investor advocates are ringing alarms over the idea of allowing cryptocurrency into 401(k) and other retirement plans, especially after a turbulent month that saw some projects implode and other cryptocurrencies go into free fall.

Roll Call

Labor Department warning opens divide on crypto in 401(k) plans - Roll Call

The Labor Department's warning about cryptocurrencies in 401(k) plans has opened a debate about whether investors can opt for such risks.

Liverpool Echo

Santander warning as savers left out of pocket

The banking giant wants people to be aware over a surge in scams

The Independent UK

‘Worrying rise’ in crypto scams claiming to be celebrity-endorsed seen by bank

People are losing £11,872 on average to this type of scam, Santander UK said.

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