Binance Founder Changpeng ‘CZ’ Zhao Is a Free Man

Binance founder Changpeng “CZ” Zhao has been released from prison, according to the U.S. Bureau of Prisons (BOP).Source

Mango Markets Agrees to Destroy MNGO Tokens in SEC Settlement

Mango DAO, Mango Labs and Blockworks Foundation agreed to settle charges with the U.S. Securities and Exchange Commission Friday.Source

Swan Bitcoin Claims Ex-Employees ‘Stole’ its Mining Business at Tether’s Direction

Swan Bitcoin has filed suit against a group of former employees and consultants, alleging that they “hatched and executed a ‘rain and hellfire’ plan” to steal its lucrative bitcoin mining business with the help of Tether, Swan Bitcoin’s one-time ally and fundraising partner.Source

The Paradox of the Bitcoin Maximalist

When Bitcoin is dominated by major institutions (and Bitcoiners are asking for approval from presidential candidates) we are in danger of creating centralized decentralized finance, something Bitcoin’s founders never intended, says Jason Dehni, CEO of Credbull.Source

MicroStrategy 2X Leveraged ETF Sees Massive Inflows In First Week Of Trading As MSTR Outperforms Bitcoin

Seven days after hitting the market, the T-REX 2X Long MSTR Daily Target ETF (MSTU) has become one of the most successful new exchange-traded funds (ETFs) on the market after attracting over $72 million.Source

Bitcoin FOMO is Back: $70K and Then New Record Highs in Sight, Says Analyst

A $10 billion surge in stablecoin minting over the past weeks has flooded the crypto market with liquidity, Thielen noted.Source

Fantasy Sports Company Sorare Charged With Providing Unlicensed Gambling Facilities in U.K.

Sorare was charged with violating the Gambling Act 2005 in the regulator’s first move against a blockchain-based platform.Source

CoinDesk 20 Performance Update: AVAX Gains 3.6% as Index Rallies

LTC was also a top performer, gaining 2.7%Source

Bitcoin Prices Show Positive 30-Day Correlation With China’s Central Bank Balance Sheet

“The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst said.Source

First Mover Americas: Bitcoin Nears $66K After Monster ETF Day

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source