LIVE: Sam Bankman-Fried Retakes Stand After Rough Cross-Ex in FTX Fraud Trial
The defendant has tried to present an alternative explanation of his exchange’s collapse, but prosecutors quickly punctured that narrative.
Financial
Celestia Mainnet Goes Live as 580,000 Users Receive Airdrop
Celestia has released its mainnet beta after issuing tokens to 580,000 users.
Sam Bankman-Fried Needs Better Answers on the Stand
Bankman-Fried was charming in front of reporters before FTX collapsed. Now he’s just defensive.
Blockchain Startup Etherfuse Rolls Out Tokenized Bonds in Mexico Targeting Retail Investors
The company is targeting the second-largest and most liquid bond market in LatAm.
Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog
Existing stablecoins aren’t fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.
First Mover Americas: Solana’s SOL Gains 50% in October
The latest price moves in crypto markets in context for Oct. 31, 2023.
Daniel Shin Blames Terraform Collapse on Do Kwon’s Management: Report
Shin is seeking to distance himself from Terra and Kwon as he faces trial in South Korea.
Bitcoin’s ‘Triangular Consolidation’ Is Bullish: Technical Analysis
Such consolidations generally end with an upward breakout, one observer said.
Spain Brings Forward MiCA Crypto Rules by Six Months After EU Pressure
The government said it hopes the move, potentially affecting the likes of Binance and Coinbase, will bring greater regulatory clarity.
Bankman-Fried Had a Hairy Day in Court
And he’s still got more to go.