Donald Trump Teases ‘The DeFiant Ones’ Crypto Project on Truth Social
“It’s time we take a stand – together,” Trump wrote on his Truth Social account with a Telegram group link to the unreleased decentralized finance platform.Source
DeFi Summer Is Making a Comeback, Steno Research Says
Total value locked across the crypto ecosystem is expected to reach an all-time high in the first half of next year, the report said.Source
Bitcoin Tops $61K Before Powell’s Jackson Hole Speech as Ether ETFs Face Record Outflows
Comments at the Jackson Hole symposium later Friday may give clues about the Federal Reserve monetary policies, will boost or undermine prices of risk assets, including bitcoin.Source
Australia’s Securities Regulator Wins Case Against Kraken’s Local Operator
The Federal Court of Australia ruled on Friday that cryptocurrency exchange Kraken’s operator in Australia, Bit Trade Pty Ltd, “contravened” with a section of the nation’s Corporations Act.Source
Sony, Electronics Pioneer Behind Walkman, Starts Own Blockchain ‘Soneium’
The new project, “Soneium” will be a layer-2 network atop the Ethereum blockchain, using technology from Optimism’s OP Stack.Source
CluCoin Founder Pleads Guilty to Stealing $1.1M of Investor Funds for Online Gambling
The founder of Miami-based crypto project CluCoin has pleaded guilty to stealing over $1 million from investors and spending the money at online casinos.Source
Crypto Promoter and Failed Politician Michelle Bond Accused of Illegally Taking FTX Cash
Michelle Bond, who once ran a Washington-based crypto advocacy group and had served as a U.S. Securities and Exchange Commission lawyer, was indicted in federal court for taking illegal campaign contributions during her 2022 run for Congress, and court documents detail how a river of cash came through her former FTX executive boyfriend.Source
Sam Altman’s Worldcoin Violated Data Policies, Colombia Regulator Says
Worldcoin is currently collecting data of individuals with its Orb device in 25 locations of the Latin American country.Source
OmegaPro Co-Founder Arrested in Turkey on Suspicion of $4B Ponzi Scheme: Reports
The firm said it invested in cryptocurrency and forex, and reportedly collapsed in 2022.Source
CoinDesk 20 Performance Update: RNDR Surges 6.9% as Index Inches Higher
Eleven assets in the CoinDesk 20 gained, with LINK joining RNDR as the strongest performer.Source