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October 31, 2023

In Crypto’s ‘Autonomous Worlds,’ Creators Are Architects and Users Are Stakeholders

(Greg Rosenke/Unsplash, modified by CoinDesk)

News
October 31, 2023

Sam Bankman-Fried Again Blames Underlings for Woes as FTX Founder Wraps Up Testimony

“So, it’s your testimony that your supervisees told you to stop asking questions?” asked a prosecutor. “Did you call in your lieutenants and ask ‘who spent $8 billion?'”

News
October 31, 2023

Sam Bankman-Fried’s Defense Team Makes Last-Ditch Bid to Get ‘English Law’ Detail in Jury Instructions

A set of filings from Sam Bankman-Fried’s defense team late Monday shows his attorneys still hope to clarify that English law governed FTX’s terms of service – which may have implications on the fraud charges.

News
October 31, 2023

On Bitcoin White Paper’s 15th Anniversary, Wall Street Threatens to Swallow Its One-Time Challenger

The titans of finance are increasingly driving a space that, to many, was designed to put them out of business.

News
October 30, 2023

Sam Bankman-Fried’s Post-Collapse Media Blitz Has Clearly Backfired

The FTX founder was grilled Monday by a prosecutor, who used the many words he said to journalists after his crypto company’s collapse against him.

News
October 30, 2023

Ethereum Has Layer 0 Power. But It Could Still Blow It

Before it becomes foundational infrastructure for the next stage of the internet, there are three risks that the blockchain needs to avoid, says Paul Brody, head of blockchain at EY.

News
October 30, 2023

Tokenized U.S. Treasury Market Grows Nearly 600% to $698M as Crypto’s RWA Race Intensifies

Tokenized versions of U.S. Treasuries grew nearly seven-fold so far in 2023 as competition between investment offerings and blockchain venues intensified.

News
October 30, 2023

Starknet Foundation Showers STRK Tokens on Contributors, Though They’re Not Trading Yet

The foundation, formed in November 2022 after the initial developer StarkWare minted 10 billion STRK tokens, is now awarding early contributors to the Ethereum layer-2 network – even though they’re locked for trading at least until next April.

News
October 30, 2023

Marshall Islands Further Strengthen’s Law That Made DAOs Legal Entities

The Republic of the Marshall Islands has passed legislation that takes its already advanced law for decentralized autonomous organizations (DAOs) a step further.

News
October 30, 2023

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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