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Do Kwon’s Terraform Labs Seeks Early Court Rejection of U.S. SEC Case

Terraform Labs and its co-founder, Do Kwon, are asking a federal judge to side with them in the U.S. Securities and Exchange Commission (SEC) fraud case, arguing that the regulator hasn’t managed to prove the crypto company was offering securities.

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Author: Jesse Hamilton

Crypto Funds See Largest Inflow in 15 Months, With Bitcoin, Solana Leading Rally: CoinShares

Ether-based funds continue to fall out of favor, with outflows for the year now totaling $125 million.

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Author: Krisztian Sandor

OKX Latest Proof of Reserves Shows Exchange Over-collateralized

The latest proof of reserves shows that the exchange is 103% collateralized with bitcoin, ether, and USDT.

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Author: Sam Reynolds

LastPass Hack Victims Lose $4.4M in a Single Day

Hackers siphoned a total of $4.4 million in crypto from at least 25 LastPass users on Oct. 25, according to blockchain analyst ZachXBT.

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Author: Oliver Knight

Celestia’s TIA Token Trades at $3.15 on Futures Market Ahead of Airdrop

TIA, the native token of modular blockchain network Celestia, is trading at $3.15 on decentralized derivatives exchange Helix ahead being issued later this week.

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Author: Oliver Knight

LIVE: Sam Bankman-Fried Takes the Stand for a Third Day in FTX Fraud Trial

Sam Bankman-Fried will continue his defense Monday against allegations he committed fraud and conspired to commit other forms of fraud in operating FTX and Alameda Research.

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Author: Nikhilesh De, Danny Nelson, Sam Kessler, Elizabeth Napolitano

Animoca Brands Courts $50M Investment From Saudi Arabia’s NEOM

Animoca will build Web3 service capabilities with global commercial application alongside NEOM to support its aspirations as a futuristic tech hub.

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Author: Jamie Crawley

Bitcoin Shows no Signs of Overheating, Despite Doubling This Year

Bitcoin has doubled this year. The bullish trend may continue unabated as key indicator shows no signs of overheating, according to IntoTheBlock.

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Author: Omkar Godbole

First Mover Americas: Bitcoin Ticks Along Above $34K

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Author: Jamie Crawley, Omkar Godbole

Retail CBDC Could Add Unique Value, but Further Investigation Is Needed, Hong Kong Central Bank Says

A retail central bank digital currency could add unique value to the existing payments ecosystem and enable new types of economic transactions, but further investigation is needed, Hong Kong’s central bank said.

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Author: Amitoj Singh


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