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October 6, 2023

Michael Lewis’ SBF Biography Will Confuse People About Crypto

The author’s sympathetic picture of the alleged fraudster as a weirdo whom nobody understood contrasts with his portrayal of crypto as a no-good industry ripe for adult supervision, says Amanda Cassatt.

News
October 6, 2023

Former Alameda Research CEO Caroline Ellison to Testify Tuesday in Sam Bankman-Fried Trial

Gary Wang, a former top lieutenant in Bankman-Fried’s empire, testified that Alameda had “special privileges” at FTX that allowed the hedge fund to spend $8 billion of exchange customers’ money.

News
October 6, 2023

Tokenized U.S. Treasuries Arrive on Coinbase’s Base with Backed’s RWA Token Issuance

The market for tokenized U.S. Treasuries has grown sixfold this year to $666 million, according to a real-world asset data provider.

News
October 6, 2023

U.S. Added 336K Jobs in September, Nearly Doubling Expectations; Bitcoin Slips 1%

The unemployment rate TKTK

News
October 6, 2023

First Mover Americas: Ether ETFs Struggle to Gain Traction in First Week

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

News
October 6, 2023

Nexo to Phase Out Cashback for UK Exchange and Card Transactions as FCA Rules Approach

Nexo is joining Bybit and Paypal in withdrawing some services from the U.K. in response to incoming promotion rules.

News
October 6, 2023

Sam Bankman-Fried’s Lawyers Test the Judge’s Patience

It could take six weeks for prosecutors to make their case against Sam Bankman-Fried. But only three days were needed for the judge overseeing his trial to lose patience with the former crypto chief’s defense team.

News
October 6, 2023

Ethereum Has Become More Centralized Since the Merge and Shanghai Upgrades: JPMorgan

The increase in staking has reduced the appeal of ether from a yield perspective, the report said.

News
October 6, 2023

Bitcoin at ‘Risk of Falling,’ Ether ETFs Lackluster Performance Dismays Traders

Data shows that broader crypto markets lost just under 1% in the past 24 hours.

News
October 6, 2023

THORSwap Pauses Platform After Series of FTX Hack-Linked Trades

A THORSwap developer said the team “stands firmly against any and all criminal actions” in a message to CoinDesk.

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