SBF Trial: Crypto Lender BlockFi Believed Alameda Was Solvent Given Balance Sheet It Was Shown, CEO Testifies
BlockFi lost “a little over a billion dollars” due to its involvement with FTX and Alameda Research, Zac Prince said.
U.S. House Speaker Drama Could Threaten to Unravel Crypto’s 2023 Chances
Majority Leader Steve Scalise dropping out means digital assets legislation remains on hold. Crypto fan Tom Emmer also won’t have the No. 2 role to seek, another potential blow.
SEC Deadline on Grayscale’s Bitcoin ETF Dispute Approaching at Midnight
The agency has hours left to seek an appeal of the court order to erase its rejection of Grayscale’s trust-to-ETF conversion application.
THORSwap, Used by FTX Exploiter, Resumes Trading After Updating Terms to Exclude U.S.-Sanctioned Countries
The platform’s native token has risen by 10% after the exchange came back online.
CertiK, Blockchain Code Auditor, Makes ‘Strategic Workforce Adjustment’ of 15%
Just last year, the company raised nearly $150 million of fresh capital. Now, as crypto winter drags on, it is cutting jobs, citing “evolving market dynamics.”
Bitcoin Wallet Maker Finances 3D-Printed Gun Documentary
Privacy stalwart Samourai Wallet is an executive producer of “Death Athletic,” a forthcoming sinema about ghost-gun firebrand Cody Wilson.
Tether Promotes Paolo Ardoino to CEO
Former CEO Jean-Louis van der Velde will transition into an advisory role at Tether.
First Mover Americas: Bitcoin Spot ETF Partially Priced in: Coinbase
The latest price moves in crypto markets in context for Oct. 13, 2023.
Frax Finance’s Fed Yield-Matching Staking Vault Attracts $30M, FXS Steady
Early Thursday, Frax unveiled sFRAX staking vault, allowing users to take advantage of higher interest rates in the U.S.
DeFi Is Losing the Race to Become the Future of Finance
Money market funds are offering more than 5% annual returns, Ethereum stakers meanwhile get just 3.3%.