Sam Bankman-Fried Appeals Fraud Conviction, Requests New Trial
The FTX founder is six months into a 25-year prison sentence.Source
Spanish Crypto Exchange Bit2Me Obtains License in Argentina as a Virtual Asset Service Provider
The registry, launched in March by Argentina’s National Securities Commission, already has 79 approvals.Source
Bitcoin Left Out as Stocks, Bonds and Gold Party on Global Monetary Easing
Markets are rallying as might be expected on a new rate cut cycle, but crypto continues to struggle.Source
Tether Hires PayPal Government Affairs Ace as U.S. Scrutiny Unresolved
Tether hired a government-affairs veteran from PayPal and Chainalysis, Jesse Spiro, to head its own shop as the issuer of the leading {{USDT}} stablecoin has long been under a cloud of reported U.S. investigations.Source
Latin American Crypto Exchange Ripio Unveils DeFi Credit Card With Visa
The product will allow users to access up to 30% of blocked assets in a liquidity pool.Source
Polygon’s POL (MATIC) Token Spikes 15% on Binance Listing
Polygon introduced last week the upgraded version the network’s token, POL, migrating from its longstanding token MATIC with some tokenomics changes.Source
CoinDesk 20 Performance Update: ICP and RNDR Each Drop 3.6%, Leading Index Lower
The CoinDesk 20 inched lower, despite 10.6% gains by Polygon.Source
Odds of 50 Basis Point Fed Rate Cut Next Week Jump to 45%
A decent jobs report last week and speedier than expected inflation data this week had most assuming the U.S central bank would initially proceed cautiously as it begins a monetary easing cycle.Source
Michael Saylor’s MicroStrategy Purchased 18.3K More Bitcoins for $1.1B
The firm now holds over 244,800 bitcoin, founder Michael Saylor said in an X post.Source