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“Mark Cuban warns bitcoin, crypto face looming SEC ‘nightmare’” Tightened SEC regulation of the cryptocurrency industry represents a potential “nightmare” for the struggling sector, whose prices already have been battered by surging interest rates and recession fears, billionaire Mark Cuban warned on Twitter. Cuban provided his dire warning in response to a tweet from Sen….
“More bitcoin investors expect price crash than rebound: survey” Bitcoin is more likely to plummet to $10,000 than soar again above $30,000 following the recent downturn in the market, according to the results of a survey published Monday. The world’s leading cryptocurrency by market cap was trading at $20,371 on Monday, down about 2.3%. The…
“Dallas Mavericks fans fume at Mark Cuban over Voyager crypto bankruptcy” Dallas Mavericks fans are getting burned by the bankruptcy of ill-fated crypto brokerage Voyager Digital — and they’re lashing out at the NBA team’s owner Mark Cuban for luring them to invest in the company. Voyager declared Chapter 11 late Tuesday, citing chaos in…
“British Army’s YouTube and Twitter accounts hacked by crypto scammers” Cyber criminals hacked into the official Twitter and YouTube accounts of the British Army on Sunday and posted notices promoting a cryptocurrency scam. The hackers changed the Twitter account’s name to “psssd” and the profile and banner photos were changed to an image meant to…
“FTX signs deal with option to buy BlockFi for up to $240M” Sam Bankman-Fried’s FTX crypto exchange has signed a deal with an option to buy embattled crypto lender BlockFi for up to $240 million, BlockFi Chief Executive Zac Prince said on Friday. FTX has also agreed to provide BlockFi with a $400 million revolving credit facility, Prince said in a…
“Bitcoin dips below $19K as crypto fund Three Arrows implodes” Bitcoin briefly sank below $19,000 on Thursday, hitting a fresh low for the year as investors digested the collapse of cryptocurrency hedge fund Three Arrows and the rising risk of an economic recession. The leading cryptocurrency was down 4.4% at $19,209.20 as of 9:30 a.m….
“Crypto exchange FTX exploring Robinhood acquisition: report” Crypto billionaire Sam Bankman-Fried’s exchange firm FTX is reportedly exploring a possible acquisition of Robinhood – a development that sent shares of the struggling stock trading platform soaring 14% on Monday. Executives at FTX, a leading cryptocurrency exchange that rivals Coinbase and Binance internationally, are “deliberating internally” on…
“Mike Novogratz slammed for pumping crypto in response to Roe v. Wade” There’s always an occasion promote bitcoin — the repeal of Roe v. Wade, for example. On Sunday, crypto billionaire Mike Novogratz, CEO of Galaxy Investment, chimed in on the polarizing Supreme Court ruling that reversed the 1973 Roe v. Wade decision, sparking mass…
“US crypto firm Harmony hit by $100 million heist” US crypto firm Harmony said Friday that thieves stole around $100 million worth of digital coins from one of its key products, the latest in a string of cyber heists on a sector long targeted by hackers. Harmony develops blockchains for so-called decentralized finance — peer-to-peer sites that offer…
“Once-hot NFT collections tank alongside cryptocurrencies” Once-hot NFT collections, including the celebrity-backed Bored Ape Yacht Club and CryptoPunk series, have tanked alongside cryptocurrencies and the stock market, leaving many digital collectible investors deep in the hole. The Bored Ape Yacht Club series — which has been endorsed by celebrities including Tom Brady, Madonna, Jimmy Fallon…