May 2025 – Page 536

Jump Trading Lost Almost $300M in FTX’s Collapse, Michael Lewis Says in ‘Going Infinite’

This makes the trading giant one of FTX’s top creditors, Lewis wrote, citing documents from the crypto exchange’s former chief operating officer, Constance Wang.

TV’s Kevin O’Leary: ‘All the Crypto Cowboys Are Going to Be Gone Soon’

O’Leary, an entrepreneur and television personality, was paid $15 million by FTX for “20 service hours, 20 social posts, one virtual lunch and 50 autographs,” according to Michael Lewis’s...

Sam Bankman-Fried Trial Kicks Off; Jury Should Be Seated by Wednesday

A prospective juror said she was flying to Maui for six months. “You’re a courageous soul,” the judge quipped.

Canadian Exchange TMX Soon to Start Bitcoin Futures Trading

The futures contracts will trade on the Montreal Exchange and will be cash-settled and denominated in U.S. dollars, the exchange said.

Sam Bankman-Fried Sues His Insurer as Legal Bills Mount

The FTX founder is protesting insurance firm CNA’s policy as his meşru woes cost him serious money.

At Last, Blockchain Developer OP Labs Delivers ‘Fault Proofs’ Missing From Core Design

The developer’s OP Stack software, the blueprint for Coinbase’s new Base blockchain, had been criticized for the lack of a crucial security feature – likened to driving a fast...

Decentralized Exchange Bluefin’s New Version Goes Live on Sui Network

The platform’s v2 allows sub-second trades and trading without a crypto wallet, the company said.

First Mover Americas: Slow Start for Ether Futures ETFs

The latest price moves in crypto markets in context for Oct. 3, 2023.

EU Plans for Wholesale CBDC Out Within Weeks, French Central Banker Says

A central bank digital currency usable by financial markets is moving faster than a more controversial plan targeting regular citizens.

There’s a Lot of Thefts Happening

Regulators don’t need more excuses to look suspiciously at the crypto industry, but a recent wave of hacks and thefts provide one anyway.