Sam Bankman-Fried on Verge of Tears as His Lawyer Concludes Defense
Trial of Sam Bankman-Fried (Danny Nelson/CoinDesk)
Prediction Market Kalshi Sues U.S. CFTC for Denying Its Contracts for Congressional Elections
Prediction market Kalshi is suing the U.S. Commodity Futures Trading Commission (CFTC) for denying its effort to list derivatives for betting on the outcome of political events – specifically which party will control each chamber of the U.S. Congress after an election.
Team Behind Celsius Bidder NovaWulf Starts New Firm Called Valinor
Fahrenheit-Celsius thermometer (Mustang Joe/Flickr)
The Protocol: Celestia Airdrop Gets Crypto Users Asking About Starknet Despite No Similar Plans
In this week’s edition of The Protocol newsletter, we explain the mechanics (and roots) behind the “data availability” network Celestia, and its new TIA tokens, and turn our eyes to Starknet’s STRK tokens, which aren’t trading yet but are already being awarded to early contributors.
Federal Reserve Leaves Rates Unchanged; Bitcoin Flat at $34.5K
Market participants will now turn to Fed Chair Jerome Powell’s post-meeting press conference to glean insight into the future path of U.S. central bank policy.
SBF vs. ETF: Get Rich Quick vs. Get Rich Slowly
The FTX founder was never a man of crypto and the industry is moving on without him, says Laura Shin.
SafeMoon Execs Arrested by DOJ in Fraud Investigation, Charged by SEC
The Securities and Exchange Commission (SEC) has charged SafeMoon and its executive team with perpetrating a fraudulent scheme through an unregistered securities sale.
It’s Time for Web3 Games to Embrace Play AND Earn
(Mike van den Bos/Unsplash, modified by CoinDesk)
Turkey in “Final Stage” of Bringing Crypto Legislation as Last Step to Get off FATF’s Grey List: Minister
Turkey is in the “final stage” of bringing crypto legislation to its parliament, a last step required for it to be removed from the Financial Action Task Force’s (FATF) “grey list.