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The Latest Breaking News from Cryptocurrency

Nearly $239M Lost So Far In 2024 From Crypto Private Key Hacks: CertiK

The cryptocurrency kingdom has lost some $239 million worth of digital assets in just four months in 2024 to private key compromises, indicating that threat actors will continue to use this specific attack vector to steal funds from even the biggest crypto figures and entities this year.

International Business Times

The rise and fall of Sam Bankman-Fried: an unrepentant ex-mogul faces down decades in prison

The former CEO of FTX, once a king of cryptocurrency, saw a swift reversal of his fortunes starting in November 2022

The Guardian - US

Beyond Borders: The Global Impact of Crypto Payment Platforms

In the evolving landscape of global finance, cryptocurrency payment platforms have emerged as revolutionary tools, transcending the constraints of traditional banking systems.

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FTX Anticipates Reduction In Bankruptcy Claim To - Billion

FTX anticipates a reduced bankruptcy claim of -5 billion, showcasing proactive financial management in the fintech and cryptocurrency industries.

Top News

Bernstein Ups Year-End Bitcoin Price Projection To $90K, Sees 'Mild' Halving Impact

Amid anticipation for Bitcoin's upcoming halving event, Bernstein analysts said they believe it won't have a significant effect on miners.

International Business Times

Why is US energy demand soaring – putting climate goals at risk?

New industries such as cryptocurrency and cannabis are boosting industry forecasts, straining efforts to cut emissions

The Guardian - US

Robinhood Expands Crypto Wallet Access To Android Users Globally

The Robinhood Wallet is now available for all Android users around the globe, marking another milestone in the financial services company's cryptocurrency business.

International Business Times

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FTX CEO Accuses Bankman-Fried Of Delusion And Harm

Cryptocurrency CEO criticizes founder's actions and lack of accountability ahead of sentencing.

Top News

Crypto Industry Surveys US 2024 Candidates For Friendly Lawmakers

The US cryptocurrency industry is closely watching the 2024 election for candidates supportive of digital assets. Stakeholders aim to influence policy deci...

Top News

Ex-takeaway worker guilty of money laundering in £2bn bitcoin operation

Jian Wen became involved in a criminal racket converting cryptocurrency into assets including property and jewellery

The Guardian - UK

Binance Executives Detained After Nigeria Court Appearance

Binance executives detained in Nigeria, families seek clarity. Regulatory implications for cryptocurrency industry.

Top News

El Salvador's 'Bitcoin Beach' Cheers Cryptocurrency Surge

In a surf town in El Salvador nicknamed "Bitcoin Beach," shopkeeper Maria Aguirre watched with delight as the cryptocurrency -- and her investment in it -- recently soared to new all-time highs.

International Business Times

What Is Bitcoin Halving and Why Is It Important?

A bitcoin halving event is expected to occur within the next few days. Here's what it could mean for bitcoin prices and investors.

Kiplinger

Genesis Settles SEC Charges, To Pay Million

Genesis settles with SEC for million over unregistered digital asset securities offering, reflecting broader cryptocurrency industry regulatory challenges.

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International Business Times

Standard Chartered Sees Bitcoin Hitting $150K By Year-End, Possibly $250K In 2025

Standard Chartered Bank believes Bitcoin can reach $150,000 at the end of 2024, given its recent bull run that allowed the cryptocurrency to hit its all-time high of $73,000 earlier this month.

International Business Times

Prominent Crypto Security Researcher Flags Gotbit Yet Again After 2 Rug Pull Scams

ZachXBT has once again flagged cryptocurrency market maker Gotbit, this time noting there were two partner projects of Gotbit that rug pulled in the past week alone.

International Business Times

Nigerian SEC Proposes Whopping $95K Registration Fee For Crypto Exchanges

Nigeria's securities regulator now wants companies that want to operate as a digital platform in the country to pay up over $95,000 to register the business – and that's on top of other fees in the registration process lineup that crypto firms need to pay so they can do business…

Tom’s Hardware

Despite Ban, China-based cryptocurrency investors made $1B in gains during 2023

According to a report by a New York-based firm, China has made significant gains in cryptocurrency profits in 2023, despite China imposing a ban on Cryptocurrency. The gains enabled the nation to be in the fourth highest position, behind the US, the UK and Vietnam.

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International Business Times

New York Jury Convicts 2 Promoters Of 'Large-Scale Cryptocurrency Ponzi' IcomTech

Two promoters of defunct crypto mining and trading company IcomTech were found guilty of fraud last week, the U.S. Attorney's Office for the Southern District of New York said.

International Business Times

Trump Now Recognizes Bitcoin Has A 'Place' In US' Financial Future: BTC Foundation Chair

Bitcoin Foundation's chairman welcomed ex-president Trump's apparent change of heart in the latter's recent remarks about Bitcoin as the world's first decentralized cryptocurrency nears its halving event.

International Business Times

El Salvador Will Buy One Bitcoin Daily Until It's 'Unaffordable' With Fiat Currencies: Bukele

Bukele once again made a bold statement regarding El Salvador's Bitcoin strategy, even as the country's Bitcoin City has not started construction work two years after the plan was announced.

Top News

Prosecutors Seek 40-50 Years For FTX Fraud By Bankman-Fried

Prosecutors seek lengthy prison term for FTX founder Sam Bankman-Fried over alleged fraud at cryptocurrency exchange.

Top News

Bitcoin's Record High Plummets Amid Crypto Frenzy Pause

Bitcoin's recent sharp decline highlights market volatility and prompts caution among investors. The cryptocurrency's impact on the financial landscape rem...

International Business Times

'Craig Wrong': Satoshi Nakamoto 'Impersonator' Ruling Stirs Up Crypto Community On X

Craig Wright, who has been claiming for years that he created Bitcoin, isn't the person he says he is, according to a British judge Thursday – the ruling became a sensational topic on X (formerly Twitter) throughout the day.

International Business Times

El Salvador Stashes $406 Million In Bitcoin In 'Cold Wallet': Bukele

El Salvador's President Nayib Bukele said Thursday that his country has stored more than $400 million in bitcoin in an offline "cold wallet" as the cryptocurrency forges new record highs.

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