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Sam Bankman-Fried Trial Jury Selection Extends to Second Day Amid Bias Concerns – What's Going On?
4.10.2023
The jury selection process in the criminal trial of FTX founder Sam Bankman-Fried is set to continue for a second day amid concerns of potential bias among prospective jurors.
Out of the initial pool of potential jurors, the list has now been narrowed down to 50 individuals, from which a final...
Crypto-Friendly Congressman McHenry Assumes Speaker Role – Here's the Latest
4.10.2023
Crypto-friendly congressman Patrick McHenry has temporarily assumed the role of US House Speaker after Kevin McCarthy was ousted by Congress.
On Tuesday, McCarthy was voted out as House Speaker in a House of Representatives vote, marking the first successful ousting of a sitting speaker...
Russian Corporations Using Digital Ruble as CBDC Pilot Gathers Pace
4.10.2023
Russian corporations are starting to make use of the digital ruble, the country’s central bank digital currency (CBDC).
Per a report from SPB IT RU, the state-run Sirius Innovation Science and Technology Center has opened a corporate digital ruble wallet.
The center has already used its wallet...
Promoters and Attorney of $100 Million Crypto Mining Ponzi Scheme Sentenced to Prison
4.10.2023
Three individuals involved in a global fraud and money laundering operation linked to the cryptocurrency scheme, AirBit Club, have received prison sentence, Department of Justice revealed in a press release.
Scott Hughes, an attorney who played a key role in laundering approximately $18 million...
Breaking - XRP Price Pumps As Judge Torres Rejects SEC Motion To Appeal Ripple Ruling
4.10.2023
US District Judge Analisa Torres has rejected the U.S. Securities and Exchange Commission's motion to appeal in the ongoing Ripple lawsuit.
Widely-followed crypto Twitter account db (@tier10k) posted the breaking news, causing an immediate 5% spike in the XRP price.
View the October 3rd order...
Biggest Crypto Gainers Today on DEXTools – SHIFU, FTX, VEGETA
3.10.2023
Since its late reversal lower from the more than one-month highs that Bitcoin (BTC) posted early during Monday trade in the $28,600 area, the world’s largest cryptocurrency by market capitalization has been consolidating in the mid-$27,000s on Tuesday.
Optimism about Bitcoin’s history of posting...
Sam Bankman-Fried's Deal with Tom Brady: $55 Million for 20 Hours of Work
3.10.2023
Sam Bankman-Fried had agreed to pay sports icon Tom Brady $55 million for just 20 hours of his time annually over a span of three years.
Despite Bankman-Fried's reported lack of interest in sports, he entered into lucrative partnerships with Brady and his then-wife Gisele Bündchen, appointing them...
Wall Street Memes to List on Gate.io and CoinW After Trading Boom on 7 Other Exchanges Beats Pepe and Challenges Shiba Inu
3.10.2023
Crypto’s newest meme coin Wall Street Memes ($WSM) announced today that it will list on Gate.io and CoinW centralized exchanges (CEXs).
$WSM is now the 3rd-most-traded meme coin, commanding a 24-hour trading volume of $95 million, a remarkable achievement for a coin that is only one week old.
Now...
Today in Crypto: Kazakh Mining Firms Stop Machines and Ask the President to Cut Energy Prices, Chainalysis Finds 'Notable' Decline in Eastern Asia’s Crypto Activity
3.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Kazakh Mining Firms Stop Machines and Ask the President to Cut Energy Prices, Chainalysis Finds 'Notable'...
Biographer Michael Lewis Exposes Management Failings and Missing Billions at FTX
3.10.2023
Biographer Michael Lewis has exposed management failures and the alarming disappearance of billions of dollars within the financial empire of crypto tycoon Sam Bankman-Fried.
Sharing his findings on CBS's 60 Minutes, Lewis, known for his investigations into Wall Street misconduct that unraveled...
South Korean Overseas Crypto Holding Figures 'May Be Inflated': Report
3.10.2023
The research division of the South Korean crypto exchange Korbit revealed that the amount of overseas digital assets reported by domestic corporations and individuals to the National Tax Service, “may be inflated.”
The significant value of the reported amount is probably pumped up during...
Chia Network Faces IPO Setback, Lays Off 26 Workers – Bear Market Woes Continue?
3.10.2023
The bear has claimed more victims: blockchain and smart-contract platform Chia Network announced today that it has fired nearly 30 of its staff, at the time the company is making moves to go public in the US.
According to the post on the project's Twitter account, Chia has "eliminated...
Sam Bankman Fried's Defense Team Seeks Clarity on Bankruptcy and Philanthropy in Trial
3.10.2023
The defense team representing Sam Bankman-Fried is seeking clarity from the U.S. judge presiding over the case regarding specific arguments they can present during the trial.
They aim to gain a better understanding of their ability to argue that FTX was not regulated in the United States, while...
Chainalysis Lays Off Another 150 Employees Amid Ongoing Market Downturn
3.10.2023
In response to the ongoing market downturn and reduced commercial demand, blockchain analytics firm Chainalysis is laying off another 150 employees, representing over 15% of its workforce.
CEO Michael Gronager informed employees of the decision in an email on Monday evening, according to a recent...
Binance CEO Changpeng Zhao Faces Class-Action Lawsuit Over Alleged Role in FTX's Collapse
3.10.2023
Binance CEO Changpeng Zhao and Binance.US are facing a class-action lawsuit filed by a California resident Nir Lahav for their alleged role in causing the downfall of rival exchange FTX.
The lawsuit further accuses them of various violations of federal and California law related to unfair...
Moscow Claims Russia Will Be Using Digital Ruble in LATAM by 2025
3.10.2023
A senior Russian politician says domestic firms will be using the digital ruble, the nation’s CBDC, in Latin America no later than 2025.
The comments were made by Anatoly Aksakov, the Chairman of the State Duma Committee on the Financial Markets.
Per Tass, Aksakov, who is also the MP...
Biggest Crypto Gainers Today on DEXTools – BUGMAN, Xpro, PAW
2.10.2023
After a strong Sunday rally that carried into Monday morning and saw the BTC price hit new one-month highs in the $28,600s, Bitcoin (BTC) is consolidating just under $28,000 and at lows for the day.
Traders attributed Sunday’s rally to optimism about the fact that October is usually a good month...
Crypto Exchange Listing and Delisting Announcements: October 2, 2023
2.10.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Unpublished Tweets by Sam Bankman-Fried Offer Insights into His Mental Health
2.10.2023
A series of unpublished tweets belonging to FTX founder Sam Bankman-Fried have revealed insights into his mental health and prescribed medication.
The unposted tweets, obtained by CoinDesk, indicate that Bankman-Fried has been discussing his mental health struggles, including mild depression...
Today in Crypto: UBS Launches Tokenized Money Market Fund Pilot on Ethereum, $8BN was a 'Rounding Error' to SBF
2.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: UBS Launches Tokenized Money Market Fund Pilot on Ethereum, $8BN was a 'Rounding Error' to SBF