3AC Co-Founder Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going ‘Bankrupt’
Davies also said he wouldn’t return to Singapore “immediately” in order to effectively avoid jail and wait for some sort of settlement.
Financial
Financial
Financial
Bitcoin Registers Biggest Single-Day Loss Since FTX’s Collapse
Spot BTC ETFs witnessed record outflows on Tuesday, provisional veri from Farside show.
Financial
Crypto Fan Won Ohio Senate Primary That Could Alter the Industry’s U.S. Destiny
Bernie Moreno will be the Republican nominee for Senate in Ohio, facing Sen. Sherrod Brown in this year’s general election.
Financial
DOJ’s Proposed 50-Year Sentence for Sam Bankman-Fried ‘Disturbing,’ FTX Founder’s Lawyers Say
Bankman-Fried’s defense team attacked prosecutors’ lengthy prison term recommendation in a new letter Tuesday.
Financial
Ether ETFs Likely Won’t Get Approved in May, Bloomberg Analyst Predicts
James Seyffart says the U.S. Securities and Exchange Commission really hasn’t engaged with potential issuers, unlike the extensive talks in the run-up to bitcoin ETF approvals.
Financial
BlackRock Creates Tokenized Asset Fund, SEC Filing Shows
The fund was seeded with $100 million in USDC stablecoin using the Ethereum network, blockchain veri shows.
Financial
Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk
Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday’s FOMC meeting, one market observer said.
Financial
Polygon Labs Paid $4M to Host Starbucks’ Failed Foray Into Crypto: Sources
The blockchain developer gave the coffee giant a $4 million grant as part of their 2022 deal to build an NFT-powered loyalty program that is now being shuttered.
Financial
Optimism Finally Starts Testing ‘Fault Proofs’ at Heart of Design – and of Criticism
A version of the new proof system, which will help secure withdrawals from Optimism and other networks based on its tech, will be deployed to Ethereum’s Sepolia test network on Tuesday.