Sam Bankman-Fried Appeals Fraud Conviction, Requests New Trial: NYT
The FTX founder is six months into a 25-year prison sentence.
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Spanish Crypto Exchange Bit2Me Obtains License in Argentina as a Virtual Asset Service Provider
The registry, launched in March by Argentina's National Securities Commission, already has 79 approvals.
Bitcoin Left Out as Stocks, Bonds and Gold Party on Global Monetary Easing
Markets are rallying as might be expected on a new rate cut cycle, but crypto continues to struggle.
Tether Hires PayPal Government Affairs Ace as U.S. Scrutiny Unresolved
Tether hired a government-affairs veteran from PayPal and Chainalysis, Jesse Spiro, to head its own shop as the issuer of the leading {{USDT}} stablecoin has long been under a cloud of reported U.S. investigations.
DAOs Need a Vibe Check
A recent token heist at Compound DAO revealed the weakness of current DAO governance voting. There is a better way, say Andrés Fábrega, Jay Yu, Amy Zhao, and Ari Juels.
Latin American Crypto Exchange Ripio Unveils DeFi Credit Card With Visa
The product will allow users to access up to 30% of blocked assets in a liquidity pool.
Polygon's POL (MATIC) Token Spikes 15% on Binance Listing
Polygon introduced last week the upgraded version the network's token, POL, migrating from its longstanding token MATIC with some tokenomics changes.
U.S. Political Prediction Markets: Why Kalshi's Court Victory Matters
If it turns out that the judge's ruling preempts the CFTC’s proposed rulemaking, election event contracts may now be completely legal.
CoinDesk 20 Performance Update: ICP and RNDR Each Drop 3.6%, Leading Index Lower
The CoinDesk 20 inched lower, despite 10.6% gains by Polygon.
Odds of 50 Basis Point Fed Rate Cut Next Week Jump to 45%
A decent jobs report last week and speedier than expected inflation data this week had most assuming the U.S central bank would initially proceed cautiously as it begins a monetary easing cycle.
Michael Saylor's MicroStrategy Purchased 18.3K More Bitcoins for $1.1B
The firm now holds over 244,800 bitcoin, founder Michael Saylor said in an X post.
XRP, DOGE Lead Market Gains as Bitcoin Dips Under $58K
XRP started to rise on Thursday after investment fund Grayscale launched a professional fund that holds the token in the U.S., while DOGE gained on no apparent catalyst.
First Mover Americas: Bitcoin Trades Little Changed Above $58,000
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Polymarket Bettors See 84% Chance of Donald Trump Starting His Own Token
The bump came as Trump said he would launch the family-helmed World Liberty Financial project on Monday.
English High Court Rules Tether's USDT Stablecoin Counts as Property
USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared.
Tokenized Real-World Assets (Excluding Stablecoins) Market Value Hits Over $12B: Binance Research
RWAs continue to experience growth led by tokenized U.S. Treasuries.
Starknet Token Holders Ratify Plan to Implement Staking, in Landmark Decentralized Election
The new mechanism on Starknet means that anyone holding more than 20,000 STRK will be able to stake on the network, from the fourth quarter of this year.
Kraken Seeks Jury Trial in SEC Lawsuit, Presents Defense Arguments
Crypto exchange Kraken has demanded a jury trial in the case brought against it by the U.S. Securities and Exchange Commission (SEC), a court filing Thursday showed.
World Liberty, Crypto Project Helmed by Donald Trump's Family, Will Release on Sept. 16
World Liberty Finance is helmed by Trump’s sons, Eric Trump and Donald Trump Jr, and the 18-year-old Barron Trump is the project's "DeFi visionary.”
Kalshi's New Political Prediction Markets Halted as CFTC Appeals Loss
The U.S. Commodity Futures Trading Commission appealed its loss against prediction markets platform Kalshi to the D.C. Appeals Court late Thursday.
DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger
The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.
Building on Bitcoin in the Age of Web3
We need a cultural, philosophical, and technological movement that will return Bitcoin to its once prominent position in the decentralized finance landscape, says Willem Shroé, CEO Botanix Labs.
EToro Settles With the SEC: Industry Lawyers React
Under the agreement, the platform can list only BTC, BCH and ETH in the U.S. Is that a hint of which digital assets the SEC thinks are not securities?
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.
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…
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.
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.
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.
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.