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October 31, 2023

The NFT Market Has Crashed. What Should Artists Do Now?

Shubham’s Web3

News
October 31, 2023

Tether Reports $3.2B Excess Reserves, but Lags in Reducing Secured Loans

Tether reported $3.2 billion of excess reserves backing the value of its stablecoins including USDT, according to its Q3 attestation released Wednesday.

News
October 31, 2023

BlackRock’s Bitcoin ETF Might Have Trading Support of Heavyweights Like Jane Street, Jump and Virtu: Source

Amid the crypto crackdown, a BTC ETF, if approved, would open a new pathway for U.S.-based firms to get a piece of the crypto action – in a way that plays to their conventional strengths.

News
October 31, 2023

Coinbase-Backed Advocacy Group Enlists Crypto Masses, Raises $2M From 80,000

A Coinbase (COIN) effort to drum up a cross-country swell of amateur crypto advocates – the nonprofit Stand With Crypto – has paid off with a surge of more than 100,000 individuals getting involved in the opening weeks, organizers say.

News
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.

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