Federal Judge Threatens Ryan Salame With Sanctions After Former FTX Exec Says He Lied About Plea Deal Last Year

A federal judge on Thursday told former FTX executive Ryan Salame that he could be hit with sanctions after Salame lied to the judge about prosecutors not making promises to him as part of his plea deal last year, CNBC reported.Source

Ethereum’s Vitalik Buterin Amps Up Pressure on Layer-2 Networks to Decentralize Further

In 2022, Buterin proposed a set of stages for rollups, to classify them in their pursuit of decentralization. The criteria is meant to showcase that rollups tend to rely on “training wheels” and deploy their protocols to users before it’s ready to fully decentralize.Source

Stablecoins Increasingly Used for Savings, Payments in Emerging Countries, but Crypto Trading Still Leads: Report

The report surveyed more than 2,500 cryptocurrency users in Brazil, Nigeria, Turkey, Indonesia and India.Source

Stablecoin Giant Circle Is Moving Its Headquarters to New York City

The USDC issuer will move into One World Trade Center, and New York Mayor Eric Adams – who has sought to make the city a crypto hub – will attend the Friday ribbon cutting.Source

Kalshi Lists Long-Sought Election Contracts After Beating CFTC in Court

The agency plans to appeal the case brought by the trading platform, and could still ask the higher court to stop the firm from listing the contracts.Source

YieldNest Unveils First Liquid-Restaking Token on BNB Chain as Return-Boosting Strategy Gains Ground

Restaking protocol YieldNest is introducing ynBNB, the first liquid-restaking token on BNB Chain.Source

WeWork Founder’s Climate Firm Refunds Crypto Token Holders After Failed Launch: Forbes

Flowcarbon, which raised $70 million from investors like Andreessen Horowitz, aims to tokenize carbon credits, but the token never launched.Source

Tune.FM, Music Streaming Project on Hedera Blockchain, Gets $50M Capital Commitment

The news comes just eight months after Tune.FM shared it had raised $20 million in a funding round.Source

CFTC Has No Authority to Second-Guess Election Contracts, Judge Says

Elections are not a form of “gaming,” so the agency should not have conducted a public review of Kalshi’s political prediction markets, the judge wrote.Source

CoinDesk 20 Performance Update: XRP Rallies 5.3%, Leading Index Higher

NEAR also jumped 5.0%, joining Ripple as a top performer.Source