Alameda Was ‘Business as Usual’ Before Collapse: Ex-Engineer
Security and risk checks were “poor” at the company, but the implosion of the trading firm came as a surprise to insiders.Source
Archive for month: October, 2023
Sam Bankman-Fried ‘Lied,’ DOJ Tells Jury; Defense Tries to Pin FTX Collapse on Caroline Ellison
“He poured money — other people’s money — into investments to make himself even richer,” the prosecutor said in opening arguments.Source
The Protocol: Which Ethereum Layer-2 Project ISN’T Competing to Land Celo?
In this week’s issue of The Protocol, we highlight layoffs hitting key firms as well, and how blockchain projects are competing for new mandates – specifically big Ethereum layer-2 developers like OP Labs, Polygon and Matter Labs vying to provide the technology for the Celo blockchain’s new networkSource
Sam Bankman-Fried Shouldn’t Have Cut His Hair
If your defense is “I didn’t know what was happening,” don’t dress like a competent person.Source
Investors Fear Volatility and Risk, Particularly With Crypto. Here’s Why They Shouldn’t.
Erik Anderson of Global X explains how volatility – something many investors are scared of – can be a very good thing in crypto.Source
Asian Banking Giant DBS Is Patiently Wading Into Crypto
CoinDesk’s Amitoj Singh interviews a senior executive at DBS, the Singapore-based bank moving into digital assets.Source
Ripple Says Singapore License Formally Approved
Ripple’s Singapore arm has secured a license as a major payments institution from the Monetary Authority of Singapore, the company said, allowing it to keep providing digital payment token services in the fast-growing region.Source
Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House
Crypto-friendly Rep. Patrick McHenry (R-N.C.) has landed in the driver’s seat of the U.S. House of Representatives just as legislation to establish digital-asset regulations nears a finish line there.Source