3 min readDec 18, 2022

We bring you trending weekly cryptocurrency news and updates that usually trigger the next direction of the charts.

  • 🇬🇧 UK Payments regulator exploring cryptocurrency regulation options — Coindesk
  • - FTX founder hopes to start new business to pay back FTX victims, saying he “did not commit fraud” — BBC
  • - @Apple offers end-to-end encryption for most material its users backup on its iCloud storage service, the same way only the holder of a private key can control a #bitcoin wallet.
  • - Africans can now receive instant, zero-fee remittances in local currency from the EU and the UK through the #Bitcoin Lightning Network 🙌
  • - US Prosecutors are considering charging crypto exchange #Binance and its executives with money laundering and sanctions violation.
  • - 🇧🇸 Sam Bankman-Fried has been arrested by Bahamian Authorities.
  • - CFTC Planning to Sue Bankman-Fried, FTX and Alameda for Fraud
  • - Canada bans crypto leverage. Exchanges must stop offering leverage to margin traders moving forward.
  • - $2 billion in digital assets taken off Binance in just 24 hours — Bloomberg amidst Fud
  • - 🇧🇷 Brazil to launch a central bank digital currency (CBDC) in 2024.
  • - 🇺🇸 SEC charges 8 social media influencers in $100 million stock manipulation scheme promoted on Discord and Twitter.
  • - Kevin O’Leary testifies at Senate hearing and says #Binance intentionally put FTX out of business.
  • - Tokyo Electric Power Grid to use excess power for #Bitcoin mining — Coindesk
  • - 🇺🇸 Senator Warren pushes bill to KYC & monitor self-custody #Bitcoin wallets — and also crack down on privacy tools.
  • - FTX asks court permission to sell off four businesses, including LedgerX
  • - Hong Kong to list its first #Bitcoin Futures ETF soon.
  • - Embattled crypto lender Amber Group raises $300 million
  • - Mazars suspends audits for #crypto exchanges, which include Binance, KuCoin, and Crypto․com, Bloomberg reports.
  • - Binance auditor deletes the “Proof of Reserves” assessment from its website and pauses ALL work with crypto clients — including. CryptoCom and KuCoin
  • - 🇷🇺 Russian Central Bank moves to protect cryptocurrency firms from sanctions with reporting exemptions
  • - PayPal will seamlessly integrate within the MetaMask wallet, providing customers with a simple and convenient way to buy Ethereum with PayPal
  • - Sam Bankman-Fried’s family called Bahamas prison to request vegan meals for him to eat, NYPost reports.
  • - #Binance outflows hit $6bn as Mazars halts ‘proof of reserves’ work
  • - Bank of International Settlements announces a new policy that allows banks to hold 2% of reserves in #cryptocurrency.
  • - Armanino, the auditor for FTX US, Nexo, and Kraken has decided to leave the crypto industry after 8 years.
  • - 💰 Stablecoins worth $4B exited exchanges in last 7 days
  • - Solana DeFi Exchange Raydium hacked for over $2 Million
  • - Argentine Province of San Luis to Issue Dollar-Pegged Stablecoin and Local Art NFTs.
  • - Man from Ohio pleads guilty stealing 713 bitcoins. Caught after “smiling in a hot tub full of cash and surrounded by scantily clad women.
  • - 🇺🇸 Sam Bankman-Fried seeks extradition to the US after spending 4 days in Bahamas jail, Reuters reports.
  • - Crypto exchange #LBANK has been down for 6 hours now.
  • #Blockchain #Ambassador #Cryptonews #WiNNit #SportsBetting #Web3Gaming #Market




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