Market Sees 59% Odds Sam Bankman-Fried Is Found Guilty on All Charges – But There’s a Catch
Traders on crypto-powered Polymarket have bet a grand total of $4,512 on the question, underscoring the current limitations of prediction markets.
Financial
Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms
The UAE’s second-most populous emirate has taken the first steps to legalize the operations of decentralized entities such as DAOs.
Sam Bankman-Fried Lambasted by Prosecutor Right Before Jurors Begin Deciding His Fate: ‘He Thought He Could Fool the World’
A verdict in the SBF trial could come before the end of Thursday – on the first anniversary of the CoinDesk scoop that caused his empire to crumble.
Bitcoin Round-Trips Its Way Back Under $35K as Fidelity’s Timmer Calls it ‘Exponential Gold’
The world’s largest crypto remains in the green over the past 24 hours, but has slumped nearly 4% from its overnight high.
Crypto for Advisors: Opinion: Direct Crypto Ownership Is Best
In this week’s issue of Crypto for Advisors, learn why direct ownership of crypto may be in the best interest of the client.
MicroStrategy Acquired an Additional 155 Bitcoin Since End of Q3
The company booked an impairment loss of $33.6 million on its digital asset holdings in the thrid quarter.
U.S. SEC’s Knock From Congressional Watchdog May Not Budge Crypto Accounting Policy
Even if the agency is forced by the GAO finding to submit its Staff Accounting Bulletin 121 to Congress for review, lawmakers probably won’t strangle the policy, according to experts.
Privacy Technology Firm Nym Plans Early 2024 Rollout of ‘Decentralized VPN’
The privacy-focused infrastructure project says that the new NymVPN will disperse traffic across a network of nodes rather than running veri through single servers as centralized VPNs do.
Bitcoin Miner Marathon Tests BTC Mining With Methane Gas From Waste Landfill
The 280 Kilowatt (kW) pilot project in Utah is already operational.
Hong Kong Will Allow Some Tokenized Securities-Related Activities
The move appears to be another step in Hong Kong’s recently accelerated ambitions to become a virtual asset hub.