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DeFi Market Recovers From 30-Month Low as Volume Hits Highest Point Since March

The total value of all assets locked on decentralized finance (DeFi) protocols has surged to a three-month high of $42 billion after being at its lowest point since February 2021 just two weeks ago.

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Author: Oliver Knight

Crypto Exchange Linked to 3AC Founders Drops Lawsuit Against Mike Dudas

OPNX voluntarily dropped its defamation suit against the venture investor and crypto personality.

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Author: Danny Nelson

Singapore, Japan, UK, Swiss Regulators Plan Asset Tokenization Pilots

Project Guardian seeks to advance digital asset tokenization pilots in fixed income, foreign exchange and asset management products.

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Author: Sandali Handagama

Sam Bankman-Fried Implied His Friends Lied About His Role in FTX’s Collapse

Sam didn’t do it. He didn’t defraud anyone, he didn’t steal customer funds – he just built a company which “turned out basically the opposite” of the product he envisioned when he founded FTX: “A lot of people got hurt – customers, employees – and the company ended up in bankruptcy.” At least, that’s his story.

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Author: Nikhilesh De

UK Publishes Final Proposals for Crypto, Stablecoin Regulation

The U.K. government published its final proposed rules for crypto and stablecoins on Monday.

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Author: Camomile Shumba

Bitcoin Whales Take Charge as Number of $100K Transactions Surge

The number of transactions of over $100,000 processed on the Bitcoin blockchain rose to a new year-to-date high last week.

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Author: Omkar Godbole

CME Whisker Away From Replacing Binance as Top Bitcoin Futures Exchange

With a notional open interest (OI) of $3.54 billion, CME is now the second-largest bitcoin futures exchange.

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Author: Omkar Godbole

Thailand’s Kasikorn Bank Buys Majority Stake in Satang Crypto Exchange for $103M

The move continues a trend of Thailand’s major traditional financial institutions moving into crypto.

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Author: Sam Reynolds

Sam Bankman-Fried Rebuffed Barry Silbert’s and Celsius’ Requests for Help, Ex-FTX CEO Testifies at His Trial

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Author: Elizabeth Napolitano

Sam Bankman-Fried Started Buying Solana’s SOL at 20 Cents Using ‘Alameda Profits,’ He Says at His Trial

“I believed the funds came from Alameda’s operating profits” as well as third-party lenders, he testified Friday at his fraud and conspiracy trial.

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Author: Danny Nelson


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