Mango Markets Mulls CFTC Settlement Over Crypto Trading Violations

Decentralized crypto exchange Mango Markets has already weathered a debilitating multimillion-dollar hack and the expensive regulatory investigations it spawned. The group may soon take another blow: a six-figure settlement with the Commodity Futures Trading Commission (CFTC).Source

Telegram to Provide More User Data to Governments After CEO’s Arrest

Messaging app Telegram made significant changes to its terms of service, chief executive officer Pavel Durov said in a post on the app on Monday.Source

Crypto Needs a Purple Mindset

The politicization of crypto into red-blue corners is not helpful to the industry. It’s time to reject the us vs. them mentality, says Circle’s Josh Hawkins.Source

JP Morgan’s Onyx Blockchain Used for Siemens’ Digital Commercial Paper Settlement

The transaction was a milestone for Onyx and SWIAT, which are collaborating to develop digital asset issuance products on blockchain rails for commercial banks.Source

Blockchain Data-Availability Project Celestia’s Foundation Raises $100M

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The Fed Must Have Confident Consumers

Last week’s rate cut won’t be the last, says Scott Garliss, as the Fed looks to build consumer confidence. That’s good news for risk assets including bitcoin and ether.Source

FTX’s Downfall Couldn’t Have Happened Without SBF’s Fraud – Or Prager Metis’ Audit Failure

FTX’s auditor recently agreed to settle misconduct charges with the SEC. Jack Castonguay says auditors working with the crypto industry should take notice.Source

Caroline Ellison Most Likely Won’t Serve Time, Polymarket Traders Bet

The market is skeptical about Qualcomm’s Intel deal; prediction markets were the talk of the town at Token2049 in Singapore.Source

Bitcoin Could Surge Thanks to Looser Financial Conditions

As the Chicago Fed’s NFCI hits its loosest levels since 2021, Bitcoin rallies—could looser financial conditions spark another bull run?Source

CoinDesk 20 Performance Update: RNDR Surges 16.2% as Index Climbs Higher

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