Sam Bankman-Fried (Probably) Won’t Get a 115-Year Prison Sentence
The FTX founder will be defending himself against wire fraud and conspiracy charges. Here’s what that means.
Crypto Traders Brace for Nearly $5B Bitcoin and Ether Options Expiry
Options are derivatives that give the purchaser the right to buy or sell the underlying at a pre-determined price at a later date. Quarterly options settlements are closely watched by traders.
Terra Classic Community Votes to Stop USTC Minting as Revival Efforts Continue
TerraUSD Classic, the stablecoin at the center of Terra’s implosion, will no longer be minted.
Crypto Traders Lean Bearish as Bitcoin Hovers Above $26K; DOGE, XRP Dip Most Among Majors
While bitcoin is currently in a consolidation period, an analysis of past cycles suggests that gains can be expected after 2024’s halving event, one veri firm said.
Hong Kong to Disclose All Crypto License Applicants After JPEX Probe
Securities and Futures Commission says decision was made in light of public demand
Bitcoin and S&P 500 Eye Quarterly Loss as Bonds Look Most Attractive Since 2009
Relative attractiveness of bonds means less incentive to invest in bitcoin. The leading cryptocurrency is considered a zero-yielding risk asset, by some observers.
Arbitrum Treasury Richer by $59M as Users Miss Claims Deadline
Users had nearly six months to claim the tokens after an airdrop in March.
Mixin Network Losses Nearly $200M in Hack
Mixin Network is a protocol designed to address blockchain scalability issues – at the expense of having a centralized database.
Counterfeit Aptos Token Deposited on Upbit Leads to APT Withdrawals Being Temporarily Suspended
Exchange has resumed operations, and some say a more significant market incident was narrowly avoided.
Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune
This is part of Coinbase’s desire to expand its derivatives business, according to the article, which added that acquisition talks never reached a “late stage.”