Sam Bankman-Fried Scoops Help CoinDesk Win Major Journalism Award
FTX, an industry titan, ended up in bankruptcy court nine days after a November 2022 scoop from CoinDesk’s Ian Allison.Source
Sam Bankman-Fried Scoops Help CoinDesk Win a Loeb Award, a Top Journalism Prize
FTX, an industry titan, ended up in bankruptcy court nine days after a November 2022 scoop from CoinDesk’s Ian Allison.Source
Valkyrie Gets Approval to Start Buying ETH Futures For its Existing Bitcoin ETF
The fund’s new strategy to combine ether and bitcoin will be effective formally on Oct. 3.Source
U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions
It would be hard for a big exchange to repeat an FTX collapse if the firm’s internal flow of crypto assets was also reported to an outside repository that U.S. regulators could see. That’s the idea behind new legislation from Rep. Don Beyer (D-Va.) that would force exchanges to share the movement of digital assets now only recorded on their own ledgers.Source
Here’s the Sam Bankman-Fried Trial Schedule
Sam Bankman-Fried’s trial is scheduled to start on Oct. 3, but the actual opening arguments are projected to begin a day later, a newly released court trial calendar shows.Source
Bitcoin Tops $27K as Rates and Oil Retreat; Ether Outperforms on ETF Hopes
Cryptocurrency markets surged higher Thursday, with the price of bitcoin (BTC) breaking above the $27,000 level for the first time alongside easing macro pressures.Source
Ripple Cancels Plan to Buy Fortress Trust
“While this outcome is different from what was originally planned, we’ll continue to support them and hope to work together in the future,” said CEO Brad Garlinghouse.Source
Banking Giants Abuzz About Tokenization of Real-World Assets as DeFi Craves Collateral
JPMorgan, Citi and Franklin Templeton are digitizing traditional assets. Will they end up trading on crypto networks like Ethereum?Source
Gemini Pulled $282M Earn Users’ Funds From Genesis Last Year to Protect Customers
Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stablecoin.Source