The Fed'sRate Hike, Twitch's Gambling Crackdown, and Bitcoin's volatility: Your Top stories for September 22

In today's cryptocurrency news, we see large financial institutions taking different approaches to the industry. While some, like Microsoft, have taken a firm stance against illegal activity, others like Amazon have been more tolerant. These seemingly opposite approaches could have something to do with the different levels of experience these companies have with digital assets.

• Twitch Cuts Off Streamer's Unlicensed Gambling Gains While Planning to Limit Top Creators’ Revenue: Twitch is cutting off a streamer's unlicensed gambling gains while it plans to limit the revenue top creators can earn.
• What crisis? High-stakes crypto lending looks here to stay: Despite the crypto bear market, high-stakes crypto lending looks like it will continue.
• Kraken taps insider Ripley to replace CEO Powell: Crypto exchange Kraken has tapped an insider, Jesse Powell, to replace CEO Markus nervous after a series of high-profile hacks.
• The crypto bear market will continue if bitcoin confirms its recent breakdown below $20,000, Fairlead's Katie Stockton says: If bitcoin confirms its recent breakdown below $20,000, the crypto bear market will continue, according to Fairlead's Katie Stockton.
• A 23-year-old, self-described 'Crypto King' reportedly had his Lamborghini, BMWs, and McLarens seized after investors sued him claiming he stole $35 million: A 23-year-old, self-described 'Crypto King' had his Lamborghini, BMWs, and McLarens seized after investors sued him claiming he stole $35 million.
• Dow sinks more than 500 points in whiplash trading session after Fed raises interest rates by 75 basis points: The Dow sinks more than 500 points in a whiplash trading session after the Fed raises interest rates by 75 basis points.
• The Fed has to balance its latest rate hike with trying not to tank the economy. Here's what to know.: The Fed has to balance its latest rate hike with trying not to tank the economy. Here's what to know.
• Stock market news live updates: Stocks push higher ahead of rate decision: Stock market news live updates: Stocks push higher ahead of the Fed's interest rate decision.
• Zuckerberg's wealth slides with Meta's value, but he's still the world's third richest person: Facebook CEO Mark Zuckerberg's wealth slides with Meta's value, but he's still the world's third richest person.
• What Consumers Think About the Metaverse & What Brands Need to Know [New Data]: New data shows what consumers think about the Metaverse and what brands need to know about it.
• Decipad – It's like Notion with problem-solving capabilities: Decipad is a new app that is like Notion with problem-solving capabilities.
• Twitch Finally Takes Action Against Gambling: Twitch is finally taking action against gambling.
• What Is a Bitcoin Futures ETF? How Does It Differ From a Bitcoin Spot ETF?: What is a Bitcoin Futures ETF and how does it differ from a Bitcoin Spot ETF?
• Crypto Market Maker Wintermute Loses $160 Million to Hackers: Crypto market maker Wintermute loses $160 million to hackers.
• SIM Swapper Abducted, Beaten, Held for $200k Ransom: A SIM swapper is abducted, beaten, and held for $200k ransom.
• The Tricky Business of Calculating Crypto's Market Value: The tricky business of calculating crypto's market value.
• Inside Ken Griffin's Vision for Miami: Inside Ken Griffin's Vision for Miami.
• Microsoft Learns a Lesson From Cybercrime Sting: Microsoft learns a lesson from a cybercrime sting.
• 3 Cryptocurrencies Held by Wealthy Investors: 3 cryptocurrencies held by wealthy investors.
• Dealmaking Dries Up for Amazon Aggregators: Dealmaking dries up for Amazon aggregators.
• XRP Climbs 20% Over the Past Week, Despite Continued Volatility in the Crypto Sector: XRP climbs 20% over the past week, despite continued volatility in the crypto sector.
• USDC Is Trending for These 2 Reasons. Is It a Buy?: USDC is trending for these 2 reasons. Is it a buy?
• Is GameStop's Big Bet on NFTs Going Bust?: Is GameStop's big bet on NFTs going bust?
• Why Bitcoin, Marathon Digital, and Hut 8 Mining Are Rising Today: Why Bitcoin, Marathon Digital, and Hut 8 Mining are rising today.
• Why Ethereum Has Plunged After The Merge: Why Ethereum has plunged after the merge.
• Missed Out on Bitcoin? Buy This Cryptocurrency Now.: Missed out on Bitcoin? Buy this cryptocurrency now.
• Nova Labs partners with T-Mobile to launch Helium Mobile: Nova Labs partners with T-Mobile to launch Helium Mobile.