Solana Rally Sees FTX’s Holdings Grow to $4.2B, Setting Claims Market on Fire

FTX’s SOL holdings are worth over $4.2 billion in today’s money, up from $1.16 billion from earlier this year.Source

First Mover Americas: Bitcoin Ends the Week in Muted Mood

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Qredo’s Ankex Crypto Exchange Shutters, CEO Michael Moro Leaves

The hybrid exchange unveiled last year was headed by ex-Genesis CEO Michael Moro, who appears to have departed.Source

Lawmaker Calls for the UK Government to Do More for Blockchain

Member of Parliament Natalie Elphicke also announced that the parliamentary group she chairs will be hosting industry round tables and a call for evidence.Source

Crypto Firm SafeMoon Files for Chapter 7 Bankruptcy, SFM Plunges 42%

The firm’s executives were arrested last month on multiple charges.Source

Sales of Solana Phone Surge as Traders Chase BONK Arbitrage

Solana’s Sage phone is seeing a surge in sales on the backs of arbitrage traders chasing a lucrative BONK payout.Source

Financial Regulators Reiterate Call for Legislation to Address Crypto Risks

Congress needs to pass laws addressing stablecoins and non-securities spot markets, the Financial Stability Oversight Council said in its latest annual report.Source

‘Bitcoin NFT’ Hysteria Comes to Sotheby’s as Super-Mario-Style Mushroom Character Tops $200K

In the historic auction house’s first-ever sale of the Ordinals inscriptions known as “NFTs on Bitcoin,” a batch of three pixelated images from a mushroom-themed collection drew about $450,000, or roughly five times the highest estimates.Source

Crypto-Friendly Does Not Mean Crypto-Easy

U.S. crypto regulation has much to learn from Japan, Singapore and Hong Kong. But while these jurisdictions offer legal clarity around digital assets, they also have some of the toughest rules in the world, says CoinDesk’s Emily Parker.Source

Chainlink Data Feeds Available on Polygon zkEVM

Developers building on Polygon’s zkEVM will be able to incorporate these data feeds into their on-chain applications.Source