Crypto News - LeadStory

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Crypto faces hostile regulatory environment in U.S.

Castle Island Ventures Founding Partner Nic Carter says he's never seen such a challenging regulatory environment for Crypto as he does now in the US. He says the Biden administration is trying to force the "industry offshore."

Bloomberg

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Is Wall Street souring on crypto?

Regulators are taking a closer look at Crypto. After the crypto crisis last year, researchers at the Chicago Federal Reserve are investigating possible regulations for the digital currency market. Sonali Basak reports.

Bloomberg

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Department of Justice investigating Binance over Russian customers

The U.S. Department of Justice is conducting an inquiry into whether Binance allowed Russian customers to access the exchange. This is in violation of U.S. sanctions related to Russia's invasion of Ukraine. The exchange has repeatedly...

Ticker News

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Ted Cruz 'incredibly bullish' on Bitcoin

U.S. Senator Ted Cruz has revealed he is "incredibly bullish on Bitcoin", calling it the "alpha in the crypto sphere". Cruz has previously made headlines when he proposed that Capitol Hill accept cryptocurrencies. This would have require...

Ticker News

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The future of blockchain & crypto

Justin Sun, founder of Tron, discusses the growth of the TrueUSD stablecoin, the lawsuits in the industry and his outlook for his business. He speaks exclusively on Bloomberg Television.

Bloomberg

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The logic behind Bitcoin's 'halving'

CS Labs 21 CEO and former BitPay CCO Sonny Singh joins Caroline Hyde and Ed Ludlow to discuss why he believes in the logic behind Bitcoin's halving, and how investors' mood has changed in the crypto world following the banking crisis.

Bloomberg

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Second release of Trump's NFT collection sells out

The second series of former U.S President Donald Trump's non-fungible token collection has sold out in one day. The new collection featured 47,000 tokens, which sold for $99 each. The Trump team also released limited edition NFTs and aut...

Ticker News

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Ethereum steals spotlight from Bitcoin post-upgrade

Edge and Node co-founder and Chief Business Officer Tegan Kline joins Ed Ludlow and Caroline Hyde to discuss the significance of the Ethereum upgrade and impact on the space. Plus, her thoughts on web3 adoption and how companies are scal...

Bloomberg

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Ethereum tops $2,000 after update

Ava Labs President John Wu joins Caroline Hyde and Ed Ludlow to discuss the significance of Ether's software update going off without a hitch.

Bloomberg

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FTX recovers billions in cash, crypto assets

Bankrupt crypto exchange FTX has managed to recover over $7.3 billion in cash and liquid crypto assets. The company is now starting to think about its future after months of collecting resources. FTX has benefited from rising cryptocurre...

Ticker News

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Bitcoin rallies past $30,000 barrier

Blockchain Capital General Partner Spencer Bogart joins Caroline Hyde and Ed Ludlow to discuss why Bitcoin climbed above $30,000 for the first time since June 2022, and why he thinks lingering inflation concerns are making Bitcoin an att...

Bloomberg

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Bitcoin rally tops 80% growth in four months

Bitcoin returned to $30,000 for the first time since June 2022, gaining 82% since Dec. 31, as cryptocurrencies keep outpacing other major asset classes. Annabelle Droulers reports on Bloomberg Television.

Bloomberg

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The greatest barriers for Blockchain

EY Global Blockchain Leader Paul Brody talks about the challenges of Blockchain adoption and how the future of regulation could take shape.

Bloomberg

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North Korean hackers stealing billions in crypto

In 2022, cryptocurrencies worth 3.5 billion Euros were stolen. Almost 45% of the thefts are associated with North Korea. The concern is that the country will use the money to finance its nuclear weapons program

DW News

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Sam Bankman-Fried charged with bribery

Sam Bankman-Fried faces a new charge as US prosecutor accuse him of bribing Chinese officials to unfreeze accounts at Alameda Research. Annabelle Droulers has the details.

Bloomberg

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Bankman-Fried accused of bribing Chinese officials

The founder of now bankrupt crypto exchange FTX was accused by Manhattan federal prosecutors on Tuesday of conspiring to bribe Chinese government officials with $40 million worth of payments. The new charge adds pressure on the 31-year-o...

Ticker News

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Binance sued by CFTC

Binance Holdings Ltd., the world's largest cryptocurrency exchange, and Chief Executive Officer Changpeng Zhao were sued by the US Commodity Futures Trading Commission for allegedly breaking derivatives rules.

Bloomberg

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US to seek crypto mogul Kwon extradition

US prosecutors will seek the extradition on fraud charges of Terraform Labs co-founder Do Kwon after his arrest in Montenegro. Kwon helped create the TerraUSD stablecoin which collapsed last May triggering a $40 billion cryptocurrency im...

Bloomberg

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Celebrities charged over crypto case

The Securities and Exchange Commission said Wednesday, March 22, that Lohan, rapper Akon and several other celebrities have agreed to pay tens of thousands of dollars to settle claims that they promoted crypto investments to their millio...

Cheddar News

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Coinbase gets SEC notice

Coinbase Global Inc. CEO Brian Armstrong says he welcomes the Securities & Exchange Commission's plan to take enforcement action against the crypto exchange.

Bloomberg

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Bitcoin tops $28,000 despite market chaos

Turmoil in the banking sector, hotter-than expected inflation data, and renewed hopes for a dovish Federal Reserve has Bitcoin reaching levels not seen in about nine months. The token topped $28,000 for the first time since June of 2022.

Bloomberg

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Bitcoin rallies to highest level since June

Bitcoin breaks through the $28,000 mark for the first time since June. It's up about 25% since March 8. Katie Greifeld reports on "Bloomberg Technology."

Bloomberg

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Microsoft set to integrate Ethereum into Edge

Microsoft has reportedly let slip its next major project update. The tech giant is set to be working on an Ethereum crypto wallet for its Microsoft Edge browser. It will be accessible on the browser, without the need of downloading an ex...

Ticker News

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How the Banking Crisis Impacts Early Stage Capital

Cleo Capital MD Sarah Kunst discusses the impact of Credit Suisse and Silicon Valley Bank's meltdowns on early stage companies funding, on crypto getting popular again and how AI innovation will become a bright spot moving forward.

Bloomberg

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Connecting crypto to banking collapses

Bloomberg's Sonali Basak looks at how the crypto industry is connected to the failure of three US banks. She's on "Bloomberg Crypto."

Bloomberg

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What Led to the Collapse of Signature Bank?

Bloomberg's Max Abelson talks about what led to the rapid collapse of New York's Signature Bank.

Bloomberg

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Meta, Instagram to dump NFT features

Meta has announced it won’t be going ahead with its NFT and digital collectibles features on Facebook and Instagram. The project has only been around for a year, and the company has revealed it is shelving the NFT concept.

Ticker News

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Crypto Trades at Risk After Bank Shutdowns

The digital-asset market is coming off of a turbulent year featuring a number of high-profile blow ups. Now, two shutdowns in the banking industry SVB Financial Group's Silicon Valley Bank and Silvergate Capital Corp.- have set off a fre...

Bloomberg

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What caused the Silicon Valley Bank collapse?

A combination of a narrow customer base and forced selling of Treasuries helped cause a run on Silicon Valley Bank. It became the biggest US lender to collapse since 2008.

Bloomberg

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Second major U.S bank collapses

Startup-focused lender SVB Financial Group (SIVB.O) became the largest bank to fail since the 2008 financial crisis, in a sudden collapse that roiled global markets, left billions of dollars belonging to companies and investors stranded....

Bloomberg