China people worry wrong Covid test results mean pandemic won’t end

Residents queue at a Covid-19 testing booth in Beijing, China, on Monday, Nov. 28, 2022. The capital city has required regular virus tests for more than half a year. Bloomberg | Bloomberg | Getty Imag...

Twitter Reportedly Unveils Lucrative Plan To Win Back Fleeing Advertisers As Musk Begs People To Tweet More

Topline Elon Musk’s tumultuous five-week tenure as Twitter CEO continued to take a strange path Thursday, with the world’s wealthiest man pleading for users to post more on the social media site as th...

Nicholas Truglia served with 18-month prison sentence: Bloomberg

Nicholas Truglia, the 25-year-old hacker who last year pleaded guilty to conspiracy to commit wire fraud, now faces 18 months in prison, Bloomberg News reported. Truglia had been facing up to 63...

Bitcoin dips under $17,000, Block and Coinbase see mixed fortunes and Silvergate sinks

Crypto prices traded down on Thursday as bitcoin flipped either side of $17,000 just 24 hours after reaching a two-week high. Meanwhile, crypto stocks traded in a wide range during the day’...

SBF was ‘delusional’ in interview, says Galaxy’s Mike Novogratz

Galaxy’s CEO Mike Novogratz thinks Sam Bankman-Fried is “delusional” and will spend time in jail. After watching the former FTX CEO’s live interview with the New York Tim...

‘I wasn’t even trying to do risk management,’ Sam Bankman-Fried tells ABC

Sam Bankman-Fried claimed that he didn’t spend time doing any risk management at FTX in yet another interview following the exchange’s collapse. The now disgraced FTX co-founder stru...

Bitcoin clings to two-week high, crypto stocks continue to tick upward

Crypto prices are holding steady at their highest since the FTX fiasco in early November, in line with broader financial markets. Bitcoin rose 1.8% since yesterday, trading at $17,132 at 8:45 a....

Put your glasses on people, LTC to shine bright- Litecoin price to rally

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TP ICAP gets FCA approval to offer crypto services to institutional clients

Capital markets firm TP ICAP has received approval from the UK’s Financial Conduct Authority (FCA) to register as a cryptoasset exchange provider.  TP ICAP’s new exchange, known as F...

Sam Bankman-Fried’s bizarre apology tour goes prime time

Many in his position would have likely laid low, but disgraced crypto entrepreneur and one-time billionaire Sam Bankman-Fried is nothing if not unusual. In another surprising twist, Bankman-Frie...

Coinbase shuffles APAC leadership, appoints new regional policy lead

Crypto exchange operator Coinbase today announced leadership changes in its Asia-Pacific team. The San Francisco-based company said in a blog post that John O’Loghlen, who joined as country dire...

Sam Bankman-Fried tries to defend FTX collapse, apologizes (again)

Sam Bankman-Fried just wrapped up an interview with Andrew Ross Sorkin at the New York Times DealBook Summit. The Block tuned in and kept a running tally of what he had to say. Thanks for sticking wit...

Bitcoin trades over $17,000 following Powell’s speech, December decisions loom large

The Fed is likely to slow its rate increases in December, while upcoming inflation data and the first U.S. House committee hearing on the FTX collapse also loom large for markets.  “It wil...

Venture Capitalist Draper tells Miami web3 crowd to ‘Keep your heads down, keep working’

Tim Draper, founding partner of VC firm Draper Associates, sounded an optimistic tone at a Wednesday conference in Miami despite ongoing turmoil across crypto markets and his prediction of a looming r...

Kraken to layoff 1,100 people to ‘adapt to current market conditions’

U.S.-based crypto exchange Kraken has announced laying off 1,100 staff members, equating to 30% of its workforce, as a response to weathering crypto winter. The blog post, signed by CEO Jesse Powell, ...

Bitcoin, ether prices buoyant in line with crypto-related stocks, Grayscale products still falling

Bitcoin and ether traded higher in line with crypto stocks as traditional markets rose marginally. Bitcoin gained 2.6% in the past day, trading at $16,804 at 8:30 a.m. Eastern, according to Coin...

Fear of ‘angry people’ drove Bankman-Fried to open withdrawals for Bahamians

FTX’s former CEO Sam Bankman-Fried has divulged what really went on in the days before it filed for bankruptcy when the exchange selectively reopened withdrawals — only for Bahamian users.  In a telep...

Prosecutors seek arrest warrant for Terraform Labs’ co-founder Daniel Shin: Yonhap

Prosecutors in South Korea are reportedly seeking an arrest warrant for Terraform Labs co-founder Daniel Shin. The Seoul Southern District Prosecutors Office said Wednesday that it is seeking th...

Miami’s mayor says he’s still taking paycheck in bitcoin

Miami Mayor Francis Suarez said that he’s still taking his paycheck in bitcoin despite the ongoing market volatility. “I just bought some yesterday,” he said at a press briefin...

Bitcoin, ether tick higher as Silvergate stock dips, GBTC discount widens

Cryptocurrencies traded higher, while some crypto-related stocks dipped over contagion fears.  Bitcoin rose 1.6% from yesterday, trading at $16,448 at 8:30 a.m. Eastern, according to CoinGecko. ...

Kaiko launches market data product tracking Aave, Compound and MakerDAO: Exclusive

Crypto data firm Kaiko announced the launch of a product tracking market data for DeFi lending and borrowing protocols on Ethereum. The Paris-based firm’s new data product will track Aave,...

For Biden, Crypto Is Just a Tool for Spying on People

Not long ago, an article emerged claiming Biden is using the crypto space to spy on people. Biden Is Using Crypto to See What People Are Doing The article said the government was “chipping away” at pe...

Nigel Kirwan’s 30 Years With The Tampa Bay Lightning Have Been ‘More About The People’

TAMPA – Nigel Kirwan hoists the Stanley Cup following a 4-1 win over the Montreal Canadiens in Game … [+] 5 of the 2021 Stanley Cup Final at Amalie Arena. (Photo by Scott Audette/NHLI via ...

Dogecoin and Binance’s BNB tack on double-digit gains

Bitcoin and ether moved sideways for the most part last week, as some altcoins moved higher.  Bitcoin was changing hands at about $16,559 at 8:30 a.m. ET Sunday, representing a decline of about ...

More people use ‘buy now, pay later’ for holiday shopping, but experts say that’s a double-edged sword

Online purchases using the BNPL rose by 13% year-on-year in November, according to Adobe Analytics. That figure does not take into account Thanksgiving or Black Friday spending. “In an uncertain econo...

The Block’s guide for the crazy web3 week ahead in Miami

Miami’s busiest week of the year is about to unfold, with the global jet set due to storm the city just after Thanksgiving for seven straight days of nonstop art and parties anchored by the Art ...

Oil Stocks Rally Despite Falling Prices. Why People Are Buying.

A unique phenomenon has been playing out in the oil market: Oil stocks have risen 5% in the past month even as the price of oil has fallen 9%. The divide could mean that oil stocks are set for a downw...

WEF wants to collaborate with Shiba Inu. Know what the people say…

The recent advancement in the city is that World Economic Forum is seeking to work with well-known memecoin the Shiba Inu ecosystem on a universal policy.  The news was publicized by Shytoshi Kusama, ...

A Cross-Chain Platform That Showcases Various Use Cases And Teaches People To Safely Navigate The Crypto Space

– Advertisement – Bibliomps are monkanoid mammals from Biblioranus. They have ascended beyond regular density monkeys by battling each other with a weapon that prevents the Bibliomps from ...

UK Police Tracks Bitcoin Records in Biggest Scam Leading to Arrest of 100 People

During their 20-month operations, criminals of the iSpoof website stole a total of £3.2 million ($3.9 million) from users. London’s Metropolitan Police has recently unearthed “the UK’s biggest ever fr...

Amber Group co-founder Tiantian Kullander dies

Amber Group co-founder Tiantian Kullander has died. He passed away in his sleep on Nov. 23. Known as TT, Kullander helped found Amber in 2017 and turn it into a major crypto market maker worth a...

Dogecoin leads gains, bitcoin and ether dip as stock trading resumes on Wall Street

Altcoins and memecoins led gains, while major cryptocurrencies dipped slightly. Bitcoin fell 0.2% from yesterday, trading at $16,492 at 8:00 a.m. Eastern, according to CoinGecko. Ether was chang...