A Parisian cocoa trader told Sam Bankman-Fried’s trial jury that pricey ads and FTX’s confident CEO helped convince him the crypto exchange was a safe place to deposit over $100,000 so he could trade cryptocurrencies – but he never expected that anyone but him would touch his funds, kicking off testimony just hours after the jury was selected and sworn in.Source
The assets, whose ownership is in dispute, could be used to pay back creditors of Alameda Research and FTX.Source
Ether fell 0.5%, Solana’s SOL fell 1.4%, while Cardano’s ADA and BNB Chain’s BNB traded flat.Source
The Dutch central bank shouldn’t have made Binance successor Coinmerce and others pay for their money laundering registration, a Rotterdam court saidSource
Kabosu is the actual dog of the meme that inspired popular internet culture and tokens such as Dogecoin.Source
Traders will be able to bet on the performance of a basket of DeFi tokens, or of a group of smart contract platforms’ native currencies.Source
Zhu was reportedly arrested last week while trying to leave the country, liquidators said.Source
Bitcoin edged higher to $27,700 Wednesday afternoon as crypto markets calmed after Monday’s sharp rally. XRP and AVAX jumped 3% and 7%, respectively.Source
HKEX says the system, used by traders in Hong Kong to buy stocks in China, will speed up settlement and provide greater transparency.Source
Ether’s price dropped to its lowest price compared to bitcoin since July 2022 as the launch of futures-based ETH ETFs attracted meager interest from investors.Source