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Author: samwsimpson_lyjt8578

SBF Trial: FTX Exec Felt ‘Suicidal’ in Crypto Exchange’s Final Days

Nishad Singh told a jury on Monday that his September meeting with Bankman-Fired was the first time he realized that Alameda, FTX’s sister trading firm, had spent billions of dollars of FTX user deposits, and had left a gaping hole in both companies’ balance sheets.

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Author: Sam Kessler, Nikhilesh De

EU Regulator Warns of ‘Opaque’ Crypto Firms as It Seeks to Close MiCA Loopholes

The European Securities and Markets Authority doesn’t want foreign companies operating via EU “letterbox” entities

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Author: Jack Schickler

Bitcoin Above $28K Buoyed by California ‘BitLicense’ Bill Being Signed

The broader crypto market returned just over 1.24% on average in the past 24 hours, CoinDesk Market Index shows.

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Author: Shaurya Malwa

Israel Freezes 100 Binance Accounts Over Suspected Hamas Links: FT

Authorities requested information on some 200 other crypto accounts, the FT said, citing people familiar with the matter.

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Author: Sandali Handagama

Lido Finance Sunsets Solana Staking Product After DAO Vote

The staking service for SOL tokens will be discontinued over the coming months, developers said.

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Author: Shaurya Malwa

Bitcoin’s Rising Dominance Rate Challenges Altcoin Boom From 2021

The ascent in bitcoin’s dominance rate is consistent with the bullish breakout in June, which marked the end of a prolonged range play between 38% and 48%.

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Author: Omkar Godbole

FTX Plans to Return 90% of Customer Funds, But There’s a Catch

An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved.

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Author: Shaurya Malwa

Bitcoin Liquidity on Binance Plummeted During the ETF Rumor-Induced Market Rollercoaster: Kaiko

Several traders experienced ‘slippage’ as liquidity declined across major exchanges.

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Author: Omkar Godbole

Market Wrap: Bitcoin Hovers Above $28K After ETF Reports Prove False

Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI and CPI Data

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Author: Sam Reynolds

Uniswap Labs to Charge 0.15% Fee on Crypto Swaps Involving ETH, USDC, Other Tokens

The entity behind popular DeFi exchange Uniswap will levy a small fee – the first in its history.

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Author: Danny Nelson


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