Singapore Police Responding to Su Zhu’s Arrest Says It Has Detained 36-Year Old Man: Reuters
Police, however, did not reveal the name or provide further comment to Reuters.
Financial
Bitcoin Edges Higher to $27.7K; AVAX, XRP Jump as Crypto Market Settles
Crypto analysts forecast low volatility and consolidation for the month.
Hong Kong Stock Exchange Launches Blockchain-Based Settlement Platform
HKEX says the system, used by traders in Hong Kong to buy stocks in China, will speed up settlement and provide greater transparency.
Alameda Was ‘Business as Usual’ Before Collapse: Ex-Engineer
Security and risk checks were “poor” at the company, but the implosion of the trading firm came as a surprise to insiders, the former employee said.
Poor Week for Ether Prompts Research Firm to Reverse Outlook, Advise Favoring Bitcoin Instead
Initial action suggested only very modest interest in the first U.S. futures-based ether ETFs.
Sam Bankman-Fried ‘Lied,’ DOJ Tells Jury; Defense Tries to Pin FTX Collapse on Caroline Ellison
“He poured money — other people’s money — into investments to make himself even richer,” the prosecutor said in opening arguments.
The Protocol: Which Ethereum Layer-2 Project ISN’T Competing to Land Celo?
Amidst the challenges posed by the crypto winter, Ethereum layer-2 developers such as OP Labs, Polygon, and Matter Labs are competing for contracts within the Celo blockchain’s new network, where customer demand is limited, leading to layoffs at major firms.
Investors Fear Volatility and Risk, Particularly With Crypto. Here’s Why They Shouldn’t.
It’s vital to remember that crypto volatility can deliver upside, too.
Sam Bankman-Fried Now Has a Jury
A federal judge picked a dozen New Yorkers to try the FTX founder on fraud and conspiracy charges.
Crypto Long & Short: A Giant Awakens
“While it’s still winter, we have been swimming … getting our hands dirty for the long run,” said DBS’ head of digital assets, Evy Theunis.