Crypto Promoter and Failed Politician Michelle Bond Accused of Illegally Taking FTX Cash

Michelle Bond, who once ran a Washington-based crypto advocacy group and had served as a U.S. Securities and Exchange Commission lawyer, was indicted in federal court for taking illegal campaign contributions during her 2022 run for Congress, and court documents detail how a river of cash came through her former FTX executive boyfriend.Source

Sam Altman’s Worldcoin Violated Data Policies, Colombia Regulator Says

Worldcoin is currently collecting data of individuals with its Orb device in 25 locations of the Latin American country.Source

OmegaPro Co-Founder Arrested in Turkey on Suspicion of $4B Ponzi Scheme: Reports

The firm said it invested in cryptocurrency and forex, and reportedly collapsed in 2022.Source

Crypto for Advisors: Are Crypto SMAs Right for Institutions?

Separately Managed Accounts, or SMAs, offer significant advantages over ETFs for institutional investors who want to invest in crypto via actively managed accounts.Source

CoinDesk 20 Performance Update: RNDR Surges 6.9% as Index Inches Higher

Eleven assets in the CoinDesk 20 gained, with LINK joining RNDR as the strongest performer.Source

Fed Chair Jerome Powell Expected to Set Stage for September Rate Cut

Bitcoin remains nearly 20% below its all-time high, while U.S. stocks and gold are at or within close shouting distance of record levels.Source

Memecoin Frenzy Reaches Tron as Justin Sun-Backed SunPump Rakes in Big Bucks

The memecoin generator launched in mid-August and has crossed $1 million in revenues in its first nine days – a large amount considering Tron’s low fees.Source

NEAR Blockchain Gets Major Upgrade to Add ‘Stateless Validation’

NEAR Protocol has deployed a major upgrade known as “Nightshade 2.0” on its main network, designed to improve the scalability and usability of the blockchain.Source

Stablecoin Issuing System M^0 Employs Fireblocks for Crypto Custody

M^0 allows stablecoin issuers to incentivize distributors, liquidity providers and so on by programmatically sharing yield among an ecosystem of users.Source

Avalanche Becomes Latest Blockchain to Support Franklin Templeton’s Tokenized Money Market Fund

The fund’s official record of share ownership is kept on the Stellar network and the fund may also use Polygon and Arbitrum for certain accounts.Source