Crypto at the Center of $300M Fraud Case in China
21 people were sentenced in a case involving converting ‘dirty’ USDT to RMB.
A Year After Sam Bankman-Fried’s Downfall, Solana and Other FTX Holdings Are Flying High
The value of FTX’s stake in Solana’s SOL token, for instance, has just added $1 billion in two weeks.
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.