Sam Bankman-Fried Lambasted by Prosecutor Right Before Jurors Began Deciding His Fate: SBF Thought ‘He Could Fool the World’

A verdict in the SBF trial could come before the end of Thursday – on the first anniversary of the CoinDesk scoop that caused his empire to crumble.Source

Crypto at the Center of $300M Fraud Case in China

21 people were sentenced in a case involving converting ‘dirty’ USDT to RMB.Source

A Year After Sam Bankman-Fried’s Downfall, Solana and Other FTX Holdings Are Flying High

The value of FTX’s stake in Solana’s SOL token, for instance, has just added $1 billion in two weeks.Source

Sam Bankman-Fried on Verge of Tears as His Lawyer Concludes Defense

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Prediction Market Kalshi Sues U.S. CFTC for Denying Its Contracts for Congressional Elections

Prediction market Kalshi is suing the U.S. Commodity Futures Trading Commission (CFTC) for denying its effort to list derivatives for betting on the outcome of political events – specifically which party will control each chamber of the U.S. Congress after an election.Source

Protocol Village: Toposware, Specialist in Zero-Knowlege Cryptography, Raises $5M

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 2-8, with live updates throughout.Source

Bitcoin Retakes $35K After FOMC as Solana’s SOL Leads Sharp Altcoin Rally

The Federal Reserve pulled no surprises on Wednesay as it kept policy on hold but promised a continued focus on bringing inflation to heel.Source

Team Behind Celsius Bidder NovaWulf Starts New Firm Called Valinor

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The Protocol: Celestia Airdrop Gets Crypto Users Asking About Starknet Despite No Similar Plans

In this week’s edition of The Protocol newsletter, we explain the mechanics (and roots) behind the “data availability” network Celestia, and its new TIA tokens, and turn our eyes to Starknet’s STRK tokens, which aren’t trading yet but are already being awarded to early contributors.Source