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The Latest Breaking News from Cryptocurrency

Crypto meltdown is wake-up call for many, including Congress

Meltdowns in the cryptocurrency space are common, but the latest one has served as a vivid reminder that investors, both professionals and rookies, can be rolling the dice when putting money into digital assets

The Independent UK

PayPal Allows Transfers Of Cryptos Like Ethereum, Bitcoin: What You Need To Know

PayPal Holdings Inc (NASDAQ: PYPL) said Tuesday will offer cryptocurrency withdrawal services, allowing funds to be withdrawn to external wallets and exchanges.

Benzinga

Embattled buy now, pay later sector to be regulated under credit laws

Financial services minister Stephen Jones says government will also move to regulate cryptocurrency exchanges like other financial markets

The Guardian - AU

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English Premier League Could Launch NFTs, Its Own Crypto: Here Are The Details And A Stock To Watch

A leading soccer league has filed several trademarks in the world of cryptocurrency and non-fungible tokens. Here are the details. What Happened: The English Premier League filed for several new trademarks on June 6, according to a report from Decrypt.

Benzinga

Someone Just Sent 5,000 Bitcoin Onto Gemini

What happened: An anonymous cryptocurrency wallet holding $147,616,283 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 38UmuUqPCrFmQo4khkomQwZ4VbY2nZMJ67

Benzinga

Why Bitcoin- And Ethereum-Related Stocks Are Falling

Cryptocurrency-related stocks, including Coinbase Global Inc (NASDAQ: COIN), Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ:

Benzinga

Dogecoin Crashes Over 5% Amid Crypto Market Rout

Dogecoin (CRYPTO: DOGE) traded 5% lower at $0.079 over 24 hours leading up to early Tuesday morning. DOGE declined sharply along with other major coins as the global cryptocurrency market cap dropped 6% to $1.2 trillion at press time.

Benzinga

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Leaked Crypto Bill Suggests US To Go After DeFi, DAOs, Stablecoins: Community Reacts

A leaked copy of the new bipartisan Senate bill appears to favor a much tighter regulatory environment for cryptocurrency assets.

Benzinga

Morning Brief: Top Financial Stories Dominating on Tuesday, June 7

Reuters

Benzinga

Bitcoin (BTC) price prediction for June 2023

Predicting what will happen to Bitcoin’s price is difficult. The token traded at almost £50,000 in November 2021 and today it’s valued at £21,118.

Evening Standard

Binance Under SEC Probe Over Unregistered Securities Offering: Report

The U.S. Securities and Exchange Commission (SEC) is looking into whether the world’s largest cryptocurrency exchange issued unlicensed securities by way of an Initial Coin Offering (ICO) in 2017.

Benzinga

Bipartisan crypto bill outlines regulatory, tax framework - Roll Call

New legislation would treat cryptocurrency as a commodity and give the Commodity Futures Trading Commission regulatory authority.

Roll Call

Amid crypto turmoil, senators propose sweeping oversight

A bipartisan pair of senators has unveiled what would be the most wide-ranging legislative proposal to regulate cryptocurrencies and other digital assets

The Independent UK

Galaxy Racer Invests $25 Million In A Cryptocurrency

Dubai-based eSports company says it's first of its kind to make a major commitment to a digital currency.

Zenger

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Benzinga

'Rife With Falsehoods:' Binance Slams Reuters Report On Money Laundering Allegations

Binance, the world’s largest cryptocurrency exchange, has denied the allegations from a Monday Reuters report stating that $2.4 billion in stolen crypto was laundered through its platform

Benzinga

Bitcoin, Ethereum, Dogecoin Crash Suddenly — With Sharp Rise In Trading Volume

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) are all down more than 5% as the global cryptocurrency market cap

Benzinga

Bitcoin Above $30K, Ethereum, Dogecoin See Some Relief — No Pain And All Gain For Crypto From Here?

Bitcoin spiked on Monday evening, printing its first green weekly candle in 10 weeks, as the global cryptocurrency market cap rose 3.3% to $1.3 trillion at press time.

StockNews.com

Better Buy: Marathon Digital vs. Hive Blockchain Technologies

Massive sell-offs in the crypto market have caused the stocks of prominent cryptocurrency companies Marathon Digital Holdings (MARA) and HIVE Blockchain Technologies (HIVE) to suffer significant price retreats of late. But which of these stocks is a better buy at their current price levels? Read more to learn our view.

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Benzinga

$2.4B In Cryptocurrency Laundered Through Binance: Report

Binance (CRYPTO: BNB) has been the means for over $2.4 billion if illegal crypto to be laundered from 2017 to 2021, according to a Monday Reuters report covered by Decrypt.

Benzinga

Aussies Lost $81.5 Million to Crypto Scams This Year: ACCC

Australians lost over $AUD 113 million ($81.5m) to cryptocurrency scams between January 1 and May 1 this year, the Australian Competition and Consumer Commission (ACCC) on Monday said. According to ACCC, Australians lost a total of $AUD 205m ($148m) to various scams this year, a 166% increase compared to the…

Mic

$1 billion went down the drain in crypto scams last year

And that’s likely just the tip of the iceberg.

Benzinga

Anonymous Crypto Wallet Moves $147M Worth Of Bitcoin Onto Gemini

Benzinga

Someone Just Sent $426M In Bitcoin To An Anonymous Wallet

What happened: $426,868,940 worth of Bitcoin (CRYPTO: BTC) was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's bitcoin wallet address has been identified as: bc1q6pqn309cee3zchs9tn5gs5ft3mjkzmyf4grea0mmyhu9qvnn76tsdy52wc

Benzinga

Social Media And Crypto a Combustible Combination for Fraud: FTC Report

Social media and cryptocurrencies are a combustible combination for fraud, with nearly half the people who reported losing crypto to a scam since 2021 saying it started with an advertisement, post, or message on a social media platform, according to a report by the US Federal Trade Commission (FTC).

The Independent UK

Digital currencies flow to campaigns, but state rules vary

Cryptocurrency donations have become a big part of campaign fundraising for many candidates running for office across the U.S. this year

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