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September 8, 2023

MicroStrategy’s Large Bitcoin Impairment Losses Have Given a False Impression: Berenberg

FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said.

News
September 8, 2023

Coinbase Targets Regulatory Clarity in International Expansion Plan

Coinbase is looking at “markets that are enacting clear rules” for the crypto industry, with the European Union, U.K., Canada, Brazil, Singapore and Australia its near-term priorities.

News
September 8, 2023

U.S. Interest Rates High Enough to Tame Inflation, Avoid Recession: Chicago Fed

Federal Reserve Bank of Chicago economists predict low inflation and a resilient economy, a potential goldilocks scenario for risk assets, including cryptocurrencies.

News
September 8, 2023

11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex

Faruk Fatih Özer, the founder of the collapsed Turkish crypto exchange Thodex, his sister Serap Özer and his brother Güven Özer have been sentenced to 11,196 years, 10 months and 15 days in prison.

News
September 7, 2023

CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep

The Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) operations – Opyn, Inc., ZeroEx (0x), Inc. and Deridex, Inc. – with offering illegal derivatives trading, according to a Thursday statement from the agency.

News
September 7, 2023

North Korea’s ‘Lazarus’ Hackers Stole $41 Million From Crypto Gambling Site, FBI Says

The Lazarus Group has been targeting crypto companies for years now.

News
September 7, 2023

Tokenization News Roundup: the ‘Next Trillion’

(Adam Nir/Unsplash, modified by CoinDesk)

News
September 7, 2023

Reject CBDCs, Embrace the Right to Transact

(Aleksandr Popov/Unsplash)

News
September 7, 2023

Ex-FTX Executive Ryan Salame Could Forfeit $1.5B as Part of Guilty Plea

Prosecutors say Sam Bankman-Fried used Salame as a “straw donor” to secretly funnel millions of dollars to Republican political candidates.

News
September 7, 2023

Fraud Lawsuit Against Michael Egorov, the CEO of DeFi Giant Curve, Is Quashed in California

A judge ruled a California courtroom is the wrong venue since Egorov wasn’t living in the state when the alleged misdeeds took place.

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