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Singapore Police Responding to Su Zhu's Arrest Says It Has Detained 36-Year Old Man: Reuters
5.10.2023
Zhu was reportedly arrested last week while trying to leave the country, liquidators said
Bitcoin Edges Higher to $27.7K; AVAX, XRP Jump as Crypto Market Settles
5.10.2023
Bitcoin edged higher to $27,700 Wednesday afternoon as crypto markets calmed after Monday’s sharp rally. XRP and AVAX jumped 3% and 7%, respectively
Hong Kong Stock Exchange Launches Blockchain-Based Settlement Platform
4.10.2023
HKEX says the system, used by traders in Hong Kong to buy stocks in China, will speed up settlement and provide greater transparency
Poor Week for Ether Prompts Research Firm to Reverse Outlook, Advise Favoring Bitcoin Instead
4.10.2023
Ether's price dropped to its lowest price compared to bitcoin since July 2022 as the launch of futures-based ETH ETFs attracted meager interest from investors
Alameda Was ‘Business as Usual’ Before Collapse: Ex-Engineer
4.10.2023
Security and risk checks were “poor” at the company, but the implosion of the trading firm came as a surprise to insiders
A Spot ETH ETF Represents the Dawn of Institutional Liquid Staking
4.10.2023
Sam Bankman-Fried 'Lied,' DOJ Tells Jury; Defense Tries to Pin FTX Collapse on Caroline Ellison
4.10.2023
"He poured money — other people's money — into investments to make himself even richer," the prosecutor said in opening arguments
The Protocol: Which Ethereum Layer-2 Project ISN’T Competing to Land Celo?
4.10.2023
In this week’s issue of The Protocol, we highlight layoffs hitting key firms as well, and how blockchain projects are competing for new mandates – specifically big Ethereum layer-2 developers like OP Labs, Polygon and Matter Labs vying to provide the technology for the Celo blockchain’s new network
Sam Bankman-Fried Shouldn’t Have Cut His Hair
4.10.2023
If your defense is “I didn’t know what was happening,” don’t dress like a competent person
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