Ether Drops to 14-Month Low Against Bitcoin as Vitalik Buterin, Ethereum Whales Send $60M ETH to Exchanges

The recent decline in the ETH/BTC ratio continues a trend that began more than a year ago.Source

Bitcoin Hangs on Just Above $27K Ahead of Fed Rate Decision

The Fed on Wednesday is widely expected to hold rates steady, but investors will monitor new economic projections and Chairman Powell’s press conference for clues about the direction of future policy.Source

U.S. SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi

The U.S. Securities and Exchange Commission (SEC) isn’t done chasing down crypto exchanges and decentralized finance (DeFi) projects it sees as violating securities laws in the same vein as Coinbase Inc. (COIN) and Binance, said David Hirsch, head of the agency’s Crypto Assets and Cyber Unit.Source

Does Coinbase Have a Diversification Problem?

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Crypto Wants a De Minimis Tax Exemption in the U.S.

The leaders of the Senate Finance Committee, Sens. Ron Wyden (D-Ore.) and Mike Crapo (R-Idaho) published an open letter in July asking the crypto industry to weigh in on crypto tax issues, including loans, staking, mining, constructive sales and wash trading. These comments were due earlier this month.Source

Binance’s Bitcoin Trading Volume Plunges 57% as Regulatory Pressure Mounts

As legal challenges against Binance mount, the average spot BTC trading volume on the platform has decreased 57% since Sep. 1Source

Sam Bankman-Fried’s Dad Thought His Son Wasn’t Paying Him Enough, So He Got Mom Involved

The alleged dispute over Joe Bankman’s $200,000 FTX salary versus his desired $1 million points to an unusual family dynamic at the former cryptocurrency colossus.Source

Eventually, We Are All Ethereum

History suggests that, slowly but surely, all layer 2s will migrate to the Ethereum, says EY’s Global Blockchain Leader.Source

Appeal Court Punts on Bankman-Fried’s Bid to Secure Release from Jail

The one-time crypto exchange executive has made several arguments to get out of jail before his trial.Source

‘I Just Want to Keep Things Moving’: Judge Makes No Ruling in SEC-Binance Document Dispute

A U.S. judge declined to order Binance.US to make its executives more available for depositions, or for the U.S. Securities and Exchange Commission (SEC) to back down in its demands for more documents during a hearing Monday.Source