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September 22, 2023

Sam Bankman-Fried Sort of Had a Rough Day

Yesterday was arguably not a great day for Sam Bankman-Fried. First, the judge overseeing his case rejected all seven of his proposed expert witnesses*, questioning at least one’s qualifications and saying some others really wouldn’t be relevant to the case.

News
September 22, 2023

Dogecoin Beats Bitcoin in Price Stability Amid Crypto Trading Lull

DOGE’s new-found stability reflects a lack of investor interest in trading alternative cryptocurrencies.

News
September 22, 2023

Shiba Inu Developers Floated a Dummy Token and Now Activist Traders Are Making It a Real Thing

A token meant for testing purposes wasn’t intended to be traded, yet some traders have pounced on the supposed opportunity.

News
September 22, 2023

FTX Sues Former Employees of Hong Kong Affiliate, Seeks $157 Million

The bankrupt crypto exchange has sued former employees of Salameda, a Hong Kong-incorporated affiliate, to recover about $157.3 million.

News
September 22, 2023

Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M

Bitcoin miner Core Scientific (CORZQ) has agreed to exchange $23.1 million in cash and $53.9 million in common stock for 27,000 Bitmain S19J XP 151 TH bitcoin mining servers, according to a press release.

News
September 22, 2023

Ethereum’s Shanghai Upgrade Has Been ‘Disappointing,’ JPMorgan Says

Daily transactions, daily active addresses and total value locked on the blockchain have all fallen since the upgrade, the report said.

News
September 22, 2023

Japanese Exchange GMO to Offer XRP Users Yen for Delayed Songbird Airdrop

The handouts are part of a token airdrop whose snapshot took place in 2020.

News
September 22, 2023

Binance, U.S. Affiliate, Changpeng ‘CZ’ Zhao File to Dismiss SEC Lawsuit

Binance, Binance.US and Changpeng Zhao filed to dismiss a Securities and Exchange Commission (SEC) lawsuit Thursday, claiming the regulator hadn’t “plausibly alleged” various securities-related violations.

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September 2023
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