Photos of Caroline Ellison are hard to find, so here are 20 portraits by a robot of your fallen crypto queen wishing you a very happy holiday

Insider is sure you're tired of seeing the same pictures of the fallen crypto queen over and over, so we paid a robot to make some new ones for the holidays.
Bitcoin rises, and SBF moves into parent's home as part of $250 million bail agreement: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.
Crypto exchanges simply aren't following the rules, and it isn't a lack of regulation that is the problem with the market, former CFTC chair says

More crypto regulation won't change the fact that exchanges simply aren't following existing rules, Timothy Massad said.
Jim Cramer: I would not touch crypto in a million years

CNBC's Jim Cramer weighs in on the cryptocurrency sector after Sam Bankman-Fried was released on $250 million bail following the collapse of crypto exchange FTX.
Caroline Ellison reportedly told court 'I knew it was wrong.' Here's what could be next for the onetime crypto exec and SBF's ex-girlfriend.

CEO, struck a deal that could keep her isolated and waiting amid the unfolding case against Sam Bankman-Fried.
Biggest Crypto Exploits and Hacks of 2022

Blockchain analysis firm Chainalysis said 2022 was “the biggest year ever” in terms of the number of crypto projects hit with attacks and drained of funds—and that was in October. It certainly felt like it.
Checkout.com’s crypto bet: how Europe’s most valuable start-up lost its crown

Guillaume Pousaz used to run Europe’s most valuable start-up. But this year, and after a gamble on crypto backfired, the 41-year-old chief executive had to watch Checkout.com’s valuation come tumbling down.
Collapsed Australian crypto exchange Digital Surge owed $33m by FTX

More than half of Brisbane company’s digital assets were deposited with Sam Bankman-Fried’s exchange
FTX US auditor Armanino defends work for failed crypto exchange

We’ll send you a myFT Daily Digest email rounding up the latest FTX Trading Ltd news every morning. The auditor of FTX’s bankrupt US exchange business said it stood by its work for Sam Bankman-Fried and was proud of having provided services for a cryptocurrency industry that needed to improve trust and transparency,
Despite FTX And The Crypto Winter NFTs Are The Future Of Fan Engagement

Despite the “crypto winter” and the collapse of FTX blockchain technology still is the future of CRM and presents the key to amplifying consumer/fan engagement.
SEC Steps Up Crypto Grip, Eyes Audit Firms' Work On Cryptocurrency Companies

"We're warning investors to be very wary of some of the claims that are being made by crypto companies," SEC acting chief accountant Paul Munter said.
Crypto Price Check: Ghosts of Crypto Haunt Battered Sector

Cryptocurrency investors have been pounded by a series of setbacks and scandals, including most recently--and most spectacularly--the collapse of the FTX crypto exchange. Founder Sam Bankman-Fried, the alleged grinch who stole crypto,
Failing crypto could be a win for the environment

It's been a turbulent year for cryptocurrency. Crypto giant FTX is just the latest in a slew of bankruptcies, collapsing spectacularly after a run on the company and a mad scramble to recover customer assets.
Brazil Gets Crypto-Trading Ground Rules as Bolsonaro Signs Law

Lawmaker Expedito Netto, the bill’s rapporteur in the lower house, said in late November that the proposal had the backing of both the current Bolsonaro government and the incoming administration of Luiz Inacio Lula da Silva,
Wyoming bullishly courts crypto, even after collapse of FTX

While the collapse of the massive FTX exchange and recent arrest of its founder, Sam Bankman-Fried, have compounded concerns about crypto, Wyoming remains full-steam ahead in wooing the industry. It has enacted a suite of new laws — with possibly more to come — seeking to make the industry more regulated and reputable to attract businesses like Yang's.
Ex-crypto mogul Sam Bankman-Fried out on $250m bail after extradition from Bahamas

FTX founder must remain under strict supervision at parents’ California home, judge says
The Download: worst tech of 2022, and crypto’s future

We're back with our latest list of the worst technologies of the year. Think of these as anti-breakthroughs, the sort of mishaps, misuses, miscues, and bad ideas that lead to technology failure. One theme that emerges from our disaster list is how badly policy—the rules,
Crypto firm Binance endures wild weeks in wake of FTX collapse

Even by the extreme standards of cryptocurrency trading, the past few weeks have been a wild ride for Binance, the world's biggest exchange for crypto assets. For Leigh Drogen of Starkiller Capital, it would be "armageddon" for short-term crypto asset prices if Binance collapsed.
Crypto firm Bullish, Far Peak call off $9 billion SPAC deal

(Reuters) -Cryptocurrency firm Bullish and Far Peak Acquisition Corp said on Thursday they had called off their $9 billion merger, making it the latest blank-check deal to fall through as the industry comes under increasing regulatory scrutiny.
North Korea has hacked $1.2 billion in crypto and other assets for its economy

North Korean hackers have stolen an estimated $1.2 billion in cryptocurrency and other virtual assets in the past five years, more than half of it this year alone, South Korea's spy agency says.
Android Malware 'Godfather' Targets Users of 400 Banks, Crypto Exchanges

The malware generates fake login screens that appear on top of legitimate banking and crypto exchange apps' login forms, stealing victims' passwords.
Sen. Tina Smith: More regulation is needed for crypto, not ban

As a failed cryptocurrency founder faces jail time for fraud, Sen. Tina Smith, D-Minn., does not support banning it.
Even After FTX, S.E.C. Chair Sees No Need for New Crypto Laws

The Securities and Exchange Commission chair, Gary Gensler, said existing rules were adequate but warned crypto issuers and exchanges on compliance.
Minnesota man indicted in $1.6M romance scam involving crypto exchanges

A 37-year-old Minnesota man has been federally indicted in a $1.6 million cryptocurrency scam that targeted a Colorado woman who was looking for romance.
Thanks to FTX, Regulating Crypto Should Be Easy

It helped deflate the crypto bubble and eliminate some of the riskiest participants. It also vindicated officials who saw peril in the speculative frenzy surrounding virtual tokens with no intrinsic value.
Year-End Tax Tips After Crypto’s Dismal 2022

It has been a rough 2022 for cryptocurrency holders who had to face the collapse of luna and its associated stablecoin terraUSD, the meltdown of several digital-asset exchanges, and a brutal financial winter that cut the market value of all coins and tokens to $800 million from the January high of $2.
North Korea Has Stolen $1.2 Billion in Crypto Since 2017, Spy Agency Says

The country uses its stolen funds to finance its missile program. As of November, North Korea had carried out 34 weapon tests involving 88 missiles this year.
"Crypto king" Sam Bankman-Fried appears in Manhattan federal court

The co-founder of FTX faced a judge and is now set to live with his parents while he awaits trial, CBS2's Kevin Rincon reports.
U.S. SEC heightening scrutiny of auditors' crypto work - WSJ

The U.S. Securities and Exchange Commission (SEC) is heightening the scrutiny of the work audit firms do for cryptocurrency companies, a senior official of the regulator told the Wall Street Journal on Thursday.
With FTX debacle, 'the crypto bubble has now imploded' -CIO

Mark Neuman, CIO and Founder of Constrained Capital, said that with the arrest of FTX founder Sam Bankman-Fried on fraud charges related to the company's collapse, "the crypto bubble has now imploded.
Crypto 2023: It's Sanctions Season

Before 2022, sanctions in crypto sounded somewhat extravagant. While governments around the world have been after this industry for quite a while, it still seemed that cryptocurrencies ...
5 key takeaways from Huobi 2022 crypto industry report

Over the last year the crypto, and greater Web3 industry has seen a rollercoaster of loss, growth and innovation — and the data shows. In the latest industry report from cryptocurrency exchange ...
Will Crypto Recover? A Recap of 5 Implosions in 2022

With various crypto hedge funds, lenders and brokerages experiencing a veritable gauntlet of bank runs, rug-pulls, liquidity crunches, counterparty risks and outright Ponzi schemes in some cases ...
What is spot trading in crypto and how does it work?

Since their inception, cryptocurrencies have seen rapid growth and widespread market adoption, as evidenced by the assets tied to crypto assets that have started to appear in the portfolios and ...
Introducing The Latest Crypto Presale: Rate That Crypto

Despite the red state of many cryptocurrencies, the crypto space has always welcomed new coins. Especially one with interesting platforms like play-to-earn gaming, where players can monetize their ...
Crypto: A timeline of the fall of FTX

I'm Jared Blikre. From crypto billions to house arrest in the Bahamas, many timelines start with CoinDesk's article in early November. That's regarding FTX's demise, but we can place the beginning ...
In FTX Collapse, Binance Sees a Chance to Become the New Face of Crypto

Sam Bankman-Fried and Changpeng Zhao were archrivals. With FTX gone, Binance, the world’s biggest crypto exchange, is trying to step into the void. Send any friend a story As a subscriber ...
Celebrities Shilling Crypto Face More Than Just Mockery

This year’s coveted commercial breaks during the Super Bowl fit the bill, as several now-infamous ads featured stars hawking crypto. Larry David appeared in a spot for FTX, as did Matt Damon and ...
Most crypto companies will 'crash' after years of industry Ponzi schemes: Palantir co-founder

More crypto companies are going to fall to Ponzi scheme-style bankruptcy, but cryptocurrency will remain a crucial tool for exchange funds globally, a venture capitalist told Fox News.
Crypto has become everything it hates – and that is good

There’s a certain irony in the saga of the FTX Trading Ltd. cryptocurrency exchange – an irony that, perhaps, might be a good thing for the industry. Bitcoin, the original cryptocurrency and ...
2022 – Crypto Markets: A Year in Review

The U.S. stock market has fallen over 15% in value, bond markets have fallen over 20% and crypto markets have fallen over 50% from their peak in 2021. Early in 2022, central banks around the world ...
Meet Tom Emmer, a powerful crypto advocate in a crypto-wary Congress

Tom Emmer had a message: Embrace cryptocurrency, and the campaign checks would soon follow. It was August 2020, and the Minnesota congressman — tapped to help Republicans retake the House ...
Here Come the Crypto Hypocrites

The collapse of the crypto exchange FTX last month, which seems likely to cost customers billions of dollars, stirred up a blamestorm of epic proportions. When Representative Tom Emmer ...
Crypto Contagion Is Spreading, Fast

The fallout from the collapse of FTX just won’t stop—and now it’s threatening one of crypto’s most important institutions. On November 16, Genesis Global Capital’s lending unit ...
Seoul: North Korean hackers stole $1.2B in virtual assets

North Korean hackers have stolen an estimated 1.5 trillion won ($1.2 billion) in cryptocurrency and other virtual assets in the past five years, more than half of it this year alone, South Korea’s spy agency said Thursday.
Crypto bros offloading G-Wagons, luxury cars amid FTX crash

Crypto bros are running on empty — and appear to be offloading their fancy cars amid the fallout from the FTX implosion, which has rippled through the cryptocurrency market and caused the value ...
Sam Bankman-Fried Is in Handcuffs, But No Crypto Crackdown in Sight

The Commodity Futures Trading Commission (CFTC), which Bankman-Fried (nicknamed “SBF”) had once lobbied to regulate FTX and the crypto industry, followed suit with allegations of its own.
FTX collapse shakes up Chicago crypto market, where its US trading platform was going to be the next big thing

Six months later, FTX imploded in a massive bankruptcy and Chicago’s would-be crypto flagship was just another empty office. “There’s no way to spin that this was good for the industry ...
Crypto Is a Team Sport

They bet the same way on a game and so share the same rooting interest. That's what buying crypto is to a lot of the little fish with money in it—it's not really investing, it's sports betting.
The Real Reason Washington Is Silent on the Crypto Scandal

Writ large, the Washington aspect involves the speed with which the crypto industry managed to insinuate itself at the nexus of money and power across the political spectrum just as the government ...
Hackers Exploit a DeFi Project to Mint 4 Quadrillion Crypto Tokens

Just how far will hackers go to eek out a profit from a crypto entity? In one DeFi projects’ case, those looking to exploit found they could make a pretty penny by simply telling the system to ...
We Can’t Just Sit Back and Let Crypto Burn

The implosion of FTX should lead us to strengthen regulation of crypto. But the diversity of reactions the exchange’s collapse has provoked may make it difficult to agree on a path forward ...
I Lost $17,000 in Crypto. Here’s How to Avoid My Mistake

And as more and more people buy crypto, how can they protect their assets? We talked to a host of experts to figure out how to create the best passwords for your digital accounts, and, if you have ...
Crypto resurrection

One point made in my 2018 articles was: “Instead of handling crypto-money directly, you might work through an exchange (like a stockbroker or bank, but almost surely less trustworthy ...
Is Crypto Dead? Here’s Why Crypto Prices Have Dumped

In previous years, crypto users enjoyed crypto rallies resulting in a market valuation that surpassed the $2 trillion mark. Indeed, this year has been bad for traders as they kept recording losses ...
Crypto probably isn’t dead, but should it be?

Emily Stewart covers business and economics for Vox and writes the newsletter The Big Squeeze, examining the ways ordinary people are being squeezed under capitalism. Before joining Vox, she ...
'Crypto Is Anything But Private.' An Author Examines Crime on the Blockchain

His new book, Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency, however, is focused on the enemies of crypto scammers and criminals: the federal agents who used the ...
Binance commits another $1 billion to crypto recovery efforts

Early Friday morning, Binance CEO Changpeng Zhao said the company committed another $1 billion to its relief efforts aimed at helping troubled businesses in the crypto industry. Binance's efforts ...
Warren presses regulators to probe bank ties to crypto

Sen. Elizabeth Warren is calling on bank regulators to investigate U.S. financial institutions over their ties to the crypto industry after two banks were buffeted by losses following the collapse ...
Crypto Price Check: Lawmakers Want Answers in Light of FTX Collapse

Cryptocurrency prices have been struggling as investors retreated following the stunning collapse of the cryptocurrency exchange FTX. Bitcoin was up slightly to $16,857.60 on Dec. 8, according to ...
The 3 Most Asked Questions About Crypto Philanthropy

As international organizations spearheaded crypto's adoption to the nonprofit fundraising world, smaller, more local charities are likely to follow. With more nonprofits of varying sizes taking ...
FTX crypto contagion continues after BlockFi bankruptcy

Fears of contagion in cryptocurrency markets continue to grow after BlockFi filed for bankruptcy on Monday due to the company's financial ties to failed crypto exchange FTX. It now says it owes ...
Stripe announces fiat-to-crypto onramp widget

The company’s new fiat-to-crypto widget can be embedded in any crypto product so that users can enter their card information and acquire crypto that can be used in another web3 product.
Canada’s securities watchdogs vow to regulate crypto sector more forcefully in wake of FTX’s collapse

Canadian watchdogs responsible for investor protection are banding together to enhance their regulation of the crypto sector, using unusually sharp language to threaten legal action against ...
Crypto Contagion Is Spreading, Fast

The fallout from the collapse of FTX just won’t stop—and now it’s threatening one of crypto’s most important institutions. On November 16, Genesis Global Capital’s lending unit ...
The Demise of FTX Foreshadows the Rise of Regulatory Oversight of Crypto Markets

While investors have been lamenting the “crypto winter” that started in May 2021, no one predicted the rapid and unprecedented collapse of Bahamas-based crypto exchange FTX Digital Markets (FTX).
How to Start Regulating the Crypto Markets—Immediately

The implosion of FTX, the collapse of the TerraUSD “stablecoin,” and the recent bankruptcy of crypto lenders and hedge funds—all causing massive losses to investors—provide ample evidence ...
ECB official calls for ban on crypto

European Central Bank senior executive Fabio Panetta has proposed a ban on cryptocurrencies with an "excessive ecological footprint", and once again likened investing in crypto to gambling. Check: Crypto live prices He proposed banning digital assets that ...