Binance Sees Another High-Profile Departure as Former Head of UK Moves on
Jonathan Farnell, who served as head of Binance U.K. and CEO of its payment service Bifinity – which was disbanded in August – left the firm in September.
Financial
Ethereum Fees Spike as Meme Coin Frenzy Returns; PEPE, BITCOIN, SPX Pop 40%
The rising gas fees suggest increased network usage.
Friend.Tech User Dumps Keys Worth $1.5M, Switches to Bitcoin dApp
Newer opportunities have stalled Friend.Tech’s initial growth wave, and applications such as New Bitcoin City are quickly emerging as one of the biggest bets.
Bitcoin Bears Lose $178M as Prices Break Past $34K
Traders on crypto exchanges Binance, Huobi and OKX were hit for $50 million each, suggesting a large amount of leverage used on those platforms.
Bitcoin in ‘Anti-Gravity’ Phase as ETF Approval Nears Finish Line
As bitcoin pushes 12% during Asia trading, there are parallels to the first Gold ETF and beyond, say, industry stakeholders and analysts.
Sam Bankman-Fried Proposes Financial Expert as Witness to Rebut DOJ Testimony
The defense intends to call Joseph Pimbley, a financial services expert and consultant, to testify about FTX’s and Alameda’s financials.
A Wild Few Minutes Drives Bitcoin Above $35,000 as ETF Excitement Starts to Thaw the Crypto Winter
BTC hasn’t seen these lofty levels since May 2022, when the cryptocurrency industry was just starting to get pummeled by scandals.
Large Crypto Trader’s $7M LINK Deposits to Binance Signals Profit-Taking as Token Hits 17-Month High
LINK surged 9% to $11 Monday, posting one of the best monthly returns among large-cap cryptocurrencies with a 43% gain.
FTX Creditors’ Lawyers Promote Deal Giving Investors 90% of What’s Left in SBF’s Empire
Lawyers for non-U.S. creditors of FTX are arguing that they’ve got a great deal in the exchange’s bankruptcy, giving those who had funds in FTX.com 90% of the liquidation.
Grayscale Court Victory Over SEC in Spot Bitcoin ETF Case Made Final
Grayscale’s application to convert its GBTC to a spot ETF will now be re-considered by the SEC.