Bahamian Prime Minister Asked Sam Bankman-Fried to Give His Son Advice on NFT Project
An email mentioning NFTs from Philip Davis was presented in court on Tuesday as part of prosecutors’ fraud case against the FTX founder.
Financial
GBTC Discount Continues to Narrow as Investors Await ETF Conversion Decision
The fund’s shares have traded at a discount to NAV since December 2021.
Reddit-Based Tokens Plunge on Report of Wind Down of Community Points
MOON, BRICK and DONUT tokens prices are each lower by 60%-90%.
Sui Foundation Calls Report of Supply Manipulation ‘Materially False’
The token fell as much as 9% on Tuesday after a report questioned if SUI supply is being manipulated through staking.
BC Technology Denies Report of $128M Crypto Exchange Sale
Firm calls report by Bloomberg “factually inaccurate and highly misleading.”
EU Formally Agrees on New Crypto Tax Data Sharing Rules
The rules, set to be published in the EU’s official journal, force crypto firms to report on customers’ holdings to be shared between tax authorities.
Tokenized RWAs Could Grow to a $10T Market by 2030 as Crypto Converges to TradFi: Report
Digital dollars, also known as stablecoins pegged to the U.S. dollar, represent the “first successful tokenization implementation,” 21.co analysts said.
BlackRock CEO Larry Fink Seeing Client Demand for Crypto ‘Around The World’
Rumors about spot bitcoin ETF approvals aside, Fink called the recent rally a “flight to quality.”.
Fantom Foundation Wallets Drained; $657K Stolen
The stolen funds have been transferred to a wallet that holds around $7 million worth of ether.
Fed Governor Bowman Says U.S. CBDC May Pose ‘Significant Risk’
Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC’s job better, and she’s also suspicious of the dangers of stablecoins.