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Crypto Long & Short: A Giant Awakens
4.10.2023
CoinDesk’s Amitoj Singh interviews a senior executive at DBS, the Singapore-based bank moving into digital assets
Investors Fear Volatility and Risk, Particularly With Crypto. Here’s Why They Shouldn’t.
4.10.2023
Erik Anderson of Global X explains how volatility – something many investors are scared of – can be a very good thing in crypto
Sam Bankman-Fried Now Has a Jury
4.10.2023
A federal judge has chosen the 12 people who will decide whether FTX founder Sam Bankman-Fried violated fraud and other laws in running his once-mighty crypto exchange
CMCC Global Raises $100M for Hong Kong-Based Blockchain Companies
4.10.2023
The lead investor in the fund was B1, which committed $50 million, alongside Richard Li’s Pacific Century Group, Tyler and Cameron Winklevoss’ firm and Animoca Brands founder Yat Siu
Polygon Co-Founder Jaynti Kanani Steps Down
4.10.2023
Kanani, who founded Polygon in 2017 alongside Sandeep Nailwal and Anurag Arjun, announced his plans in a post on X (formerly Twitter) on Wednesday
Crypto vs. Banks? It’s Not Either-Or for Chainlink, Ripple
4.10.2023
Rather than attempting to disrupt banks and other traditional payments systems, these high-profile blockchain developers are looking to court their business
First Mover Americas: Judge Dismisses SEC’s Attempt to Appeal Ripple Ruling
4.10.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
No Jury Yet, but We're Getting There
4.10.2023
Sam Bankman-Fried had a grin on his face as he entered court on Tuesday morning – clad in a black suit and an uncharacteristically tame (read: closely trimmed) mop of hair. After nine long months, the disgraced crypto founder will finally have the chance to defend himself against a wide array...
DeFi Project Yield Protocol to Wind Down by Year's End
4.10.2023
At its peak in April 2022, Yield Protocol had over $22 million in total value locked, but this figure has since dwindled to around $2 million
Bitcoin Hovers Above $27.4K; XRP Notches Win, Solana Token Slides
4.10.2023
Low volatility returned to crypto markets after a sudden move higher earlier this week following ETF decisions
XRP Spikes as Ripple Scores Singapore License, SEC Loses Motion to Appeal
4.10.2023
Broader crypto markets dropped 0.7% in the past 24 hours, the CoinDesk Market Index (CMI) shows
Sam Bankman-Fried Lost Half a Million Dollars Everyday After Alameda Launched, Michael Lewis Claims
4.10.2023
The tides finally changed after Gary Wang and Nishad Singh (both FTX directors who have since pled guilty to fraud in the ongoing trial) joined the firm
Central Bank Group Unveils Data Project Mapping Crypto Transfers
4.10.2023
The new data source, which also maps off-chain flows, could underpin future crypto regulations, according to the German-Dutch central bank project
Lack of U.S. Crypto Laws Irrelevant to Bankman-Fried Allegations, DOJ Says
4.10.2023
The FTX founder’s fraud trial began selecting a jury Tuesday as lawyers spar about what evidence its members can see
Why Some Crypto Firms Are Suspending Services in the U.K.
4.10.2023
Luno, Bybit and PayPal have recently withdrawn certain services from the U.K. – just ahead of tough new promotions rules for crypto firms coming into effect
Ripple Says Singapore License Formally Approved
4.10.2023
Ripple’s Singapore arm has secured a license as a major payments institution from the Monetary Authority of Singapore, the company said, allowing it to keep providing digital payment token services in the fast-growing region
SEC’s Motion to Appeal Loss in Ripple Case Is Denied
4.10.2023
Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House
4.10.2023
Crypto-friendly Rep. Patrick McHenry (R-N.C.) has landed in the driver’s seat of the U.S. House of Representatives just as legislation to establish digital-asset regulations nears a finish line there
When SRM Shot Up in Value, Sam Bankman-Fried Changed the Rules for His Workers, Michael Lewis Says
4.10.2023
Michael Lewis’ “Going Infinite” outlines how the FTX CEO was worried his employees had gotten too rich because SRM’s price had gone up so much. So, he made it impossible for them to sell for longer
Coinbase’s Attempt to End SEC Lawsuit Should Be Rejected, U.S. Regulator Argues
3.10.2023
“To distract from the fatal flaws in its legal arguments, Coinbase cries foul and seeks to blame the SEC for its current legal predicament,” the SEC said in a Tuesday court filing