Bitcoin added to losses racked up during the token’s worst week since November last year as the prospect of higher-for-longer borrowing costs saps demand for riskier investments across global markets.

Addiction to captagon, an amphetamine-type pill nicknamed the “poor man’s cocaine,” has been a serious problem in Gulf Arab states — especially among Saudi Arabia’s youth, with one Saudi commentator speaking recently of a “devastating amount of poison” being…

Coinbase Global Inc., the biggest US crypto exchange, has taken a stake in stablecoin issuer Circle citing “growing regulatory clarity for stablecoins in the US” and elsewhere.

SoftBank’s Arm prepares biggest IPO of the year. Asia stocks set to climb after big tech rally. BHP profits plunge on China slowdown. Here’s what you need to know today.

In an era of soaring interest rates and intense competition, fintechs are increasingly deciding they need to become banks to ensure their longterm survival. They’re also finding that doing so isn’t easy.

Indian cryptocurrency exchange CoinDCX is reducing its staff by 12%, after the platform’s revenues were hit by an ongoing slump in virtual currency trading.

EDX Markets, the crypto exchange backed by Charles Schwab and Citadel Securities, is moving ahead with Anchorage Digital as its custodial partner.

Crypto exchange Binance.US has faced a series of legal and financial challenges as regulators have increased their scrutiny of crypto companies of all kinds. Now it’s teaming up with another embattled crypto firm in an attempt to regain access to a steady…

BNB, the cryptocurrency at the heart of the Binance exchange ecosystem, is approaching its lowest price level in more than a year as controversy swirls around the world’s largest digital-asset trading platform.

In this issue of the Bloomberg Crypto newsletter, Tanzeel Akhtar explains why a Bitcoin “first” failed to excite:

Bankrupt crypto lender BlockFi Inc. wants to block attempts by FTX and Three Arrows Capital to get back billions of dollars exchanged between the firms before all three companies unraveled last year.

This month’s crypto retreat may get worse if key charts for Ether, the second-largest token, prove prophetic.

The 20 leaders on the Bloomberg New Economy Catalyst List are building a more equitable, sustainable world.

Here’s an update on how the Worldcoin crypto project has fared since its token launch. But first…

Israeli police accused businessman Moshe Hogeg and his partners of defrauding investors of $290 million in a cryptocurrency scam after a two-year investigation into the former owner of an Israeli Premier League soccer team.

Copper Technologies Ltd.’s chief marketing officer is leaving the company a little over a year after he was appointed, marking the latest departure from the London-based crypto custodian’s top ranks.

Exchange operator Cboe Global Markets Inc. can do future acquisitions and expand its global presence due to its “flexible balance sheet,” according to Chief Executive Officer Edward Tilly.

Bitcoin posted its biggest gain in almost six weeks amid increased optimism that central banks will pause interest-rate hikes that had helped to dent the appeal of cryptocurrencies.

Bitstamp, one of the oldest digital-asset exchanges, will discontinue staking services in the US amid a crackdown on the product by the Securities and Exchange Commission.

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