The two weren’t expected to be involved in the trial, but may be called to testify.
Author: Mathew Di Salvo
Ethereum Future ETFs Start Trading in US for First Time
https://decrypt.co/199751/ethereum-future-etfs-start-trading-us-first-time
Nine Ethereum futures ETFs started trading today, but demand has been lower so far than at the ProShares Bitcoin Strategy ETF launch in 2021.
Terra’s Do Kwon Admits to Faking Trading Volume in Leaked Chat: Court Docs
https://decrypt.co/199375/terras-do-kwon-admits-to-faking-trading-volume-in-leaked-chat-court-docs
“I won’t tell if you won’t,” Terra’s Do Kwon said, according to SEC documents.
$3 Billion in Bitcoin Options Expire Today—What Will That Do to BTC’s Price?
https://decrypt.co/199339/3-billion-bitcoin-options-expire-september-2023
Analysts say there’s no sign that the expiring options will cause big swings in BTC’s price.
Sam Bankman-Fried Trial: All the Names You Need to Know
https://decrypt.co/198989/sam-bankman-fried-trial-all-the-names-you-need-to-know
These are the big players you should know before tuning into Sam Bankman-Fried’s trial next week.
How the Three Arrows Collapse Changed Ethereum DeFi Lending
https://decrypt.co/198419/how-three-arrows-3ac-changed-defi-lending
Maple Finance’s Sidney Powell said that managing counterparty risk is now key in the industry.
Chase UK Bans Crypto Transactions Following Surge in Scams
https://decrypt.co/198800/chase-uk-bans-crypto-transactions-following-surge-in-scams
JP Morgan’s retail bank is stopping British customers from buying cryptocurrencies in October.
SEC Objects to Coinbase’s Role in Celsius Bankruptcy Distribution Plan
https://decrypt.co/198647/sec-objects-coinbases-role-celsius-bankruptcy-distribution-plan
The SEC has said it isn’t happy with the role crypto exchange Coinbase would play to make former Celsius clients whole.
Police Seize Bitcoin Mining Machines in Venezuelan Prison Bust
https://decrypt.co/198425/police-seize-bitcoin-mining-machines-prison-bust-venezuela
Authorities say the machines were found when 11,000 troops raided the Tocorón prison this week.
Insider Trading Ahead of Cisco’s $28 Billion Splunk Acquisition?
https://decrypt.co/198262/insider-trading-ciscos-splunk
One “lucky” trader appears to have turned $22,000 into $10 million betting on SPLK, a 46,000% return.
Grayscale Investments Applies to Offer Ethereum Futures ETF
https://decrypt.co/198032/grayscale-etf-ethereum-futures-sec-application
The fund, if approved by the Securities and Exchange Commission, would be separate from the firm’s proposed Bitcoin ETF.
PayPal Brings PYUSD Stablecoin to Venmo
https://decrypt.co/198022/paypal-brings-pyusd-stablecoin-to-venmo
Select Venmo users can already buy the payment platform’s ERC-20 stablecoin.
Toncoin Surges Into Top 10 Cryptocurrencies, Briefly Topping Dogecoin
https://decrypt.co/197987/toncoin-surges-top-10-cryptocurrencies-briefly-topping-dogecoin
Toncoin (TON) is now the 10th-largest digital asset by market cap, following news of a Telegram crypto wallet launch.
Binance US Answers SEC Questions on Mysterious Money Movements
https://decrypt.co/197850/binance-sec-us-ceffu-merit-peak
The American exchange was involved in a loan to Changpeng ‘CZ’ Zhao, documents show.
‘House of Mirrors’: SEC Demands Urgent Inspection of Binance US Assets
https://decrypt.co/197620/sec-demands-binance-us-inspection-in-house-of-mirrors-case
The top regulator has slammed Binance US in Monday court documents for allegedly not cooperating.
Citigroup Will Let Rich Clients Use Private Blockchain to Transfer Assets
https://decrypt.co/197602/citigroup-launches-smart-contract-digital-token-service-for-institutions
Citigroup is allowing big money clients to transform their deposits into digital tokens.
FTX Gets Court Approval to Sell Billions in Bitcoin, Ethereum and Solana
https://decrypt.co/156498/ftx-gets-approval-to-sell-bitcoin-ethereum-solana
The collapsed exchange’s new management now can sell billions of dollars in Solana, Bitcoin and other assets.
AI Deepfakes Pose ‘Real Risk’ to Markets, Says SEC Chair Gary Gensler
https://decrypt.co/156074/ai-deepfakes-pose-real-risk-to-markets-says-sec-chair-gary-gensler
Wall Street’s top regulator is again warning about the dangers of AI.
Gensler Slams Crypto Markets as Lawmakers Raise Questions About Bitcoin ETF
https://decrypt.co/156071/gensler-slams-crypto-markets-lawmakers-raise-questions-bitcoin-etf
SEC Chair Gary Gensler was asked Tuesday by the Senate Banking Committee what he needs to see in a filing to approve a spot Bitcoin ETF.
Franklin Templeton Latest Wall Street Giant to File for Bitcoin ETF
https://decrypt.co/156054/franklin-templeton-latest-wall-street-giant-file-bitcoin-etf
Franklin Templeton is the latest high-profile fund manager hoping to get a spot Bitcoin ETF approved by the SEC.
Bitcoin Drops to 3-Month Low While Ethereum Takes Harder Hit
https://decrypt.co/155931/ethereum-bitcoin-altcoin-values-drop-as-ftx-pursues-crypto-liquidation
The price slump comes as bankrupt crypto exchange FTX looks to liquidate its crypto holdings.
Sushi Expands to Aptos in ‘Milestone’ Move
https://decrypt.co/155839/sushi-expands-to-aptos-in-milestone-move
The move to Aptos is the first time DEX has been accessible on a blockchain that is not compatible with the Ethereum Virtual Machine.
Fed’s Michael Barr: No Word on CBDC and ‘Deeply Concerned’ About Stablecoins
https://decrypt.co/155576/feds-michael-barr-no-cbdc-decision-deeply-concerned-about-stablecoins
He also said that the central bank was “a long way” from any decision on issuing a CBDC.
Binance NFT Marketplace Ends Support for Polygon in Effort to ‘Streamline’
https://decrypt.co/155535/binance-nft-marketplace-ends-polygon-support
Users have until the end of the year to withdraw their Polygon NFTs from the exchange’s NFT Marketplace.
Kenyan Official Calls Worldcoin a ‘Gang of Criminals Who Are Coming to Harvest Data’
https://decrypt.co/155283/kenyan-official-calls-worldcoin-gang-of-criminals-coming-to-harvest-data
Worldcoin CEO Alex Blania refuted the claim, saying “Worldcoin is designed to be privacy-preserving.”
Genesis Hits Parent Company DCG With $600 Million Lawsuits
https://decrypt.co/155213/genesis-global-digital-currency-group-lawsuits-600-million-bitcoin
The legal actions come a day after Genesis Global Trading said it would shutter its crypto spot trading operations in September.
Ice Cold: Feds Freeze Celsius Founder Alex Mashinsky’s Assets
https://decrypt.co/155163/feds-freeze-former-celsius-ceo-alex-mashinskys-assets
The alleged conman is facing a number of criminal and civil charges following the collapse of Celsius last year.
MetaMask Introduces Bank and PayPal Cash-Out Options
https://decrypt.co/155039/metamask-sell-transfer-withdraw-cash-out-paypal
“Ensuring a way for users to enter and exit crypto freely is important,” the company said.
Visa Promises Faster Credit Card Payments With USDC on Solana
https://decrypt.co/155014/visa-faster-credit-card-payments-usdc-solana
The payments giant doesn’t seem to be slowing down with its crypto ambitions.
Solana Is the ‘Most Loved Altcoin Among investors’, Says CoinShares
https://decrypt.co/154920/solana-most-loved-altcoin-among-investors-coinshares-report
Investors have been withdrawing from altcoin crypto funds, but Solana is an exception.