Sam Bankman-Fried Could Go Back to Jail Thanks to His Big Fat Mouth
The fallen FTX founder didn’t just violate his bail — he violated the trust of his family’s last remaining allies.
Newsletters
Campaign-Finance Charges Are Back on the Menu
I didn’t really have anything prepared to write about this week but the Department of Justice is on it. Prosecutors told the judge overseeing Sam Bankman-Fried’s criminal trial that they intend to fold campaign finance allegations into a wire fraud charge, after announcing they would have to drop the campaign finance charge itself due to treaty obligations with the Bahamas.
Is Coinbase Disillusioned With Crypto?
The exchange recently argued that cryptos are like Beanie Babies. So does it still think Bitcoin and Ethereum are the future of finance?
PayPal’s Real Stablecoin Strategy: It Wants to Earn Interest on Your Deposits
High U.S. Treasury interest rates are a powerful short-term motivator. Everything else is theory.
PayPal’s New Stablecoin and the ‘2 Wolves’ Inside Crypto
Crypto is racked by competing ideologies, methods of building and differing aims. (Robert Larsson/Unsplash, modified by CoinDesk)
I Have 1M Questions About the PayPal Stablecoin. Here Are 5
(Marques Thomas/Unsplash, modified by CoinDesk)
NFT Trading Is Ice Cold But Developers Are Still Hot for Web3
This week, new reports were released that point to a major slowdown in NFT trading. Plus, Etihad Airways will soon let its community of frequent fliers stake NFTs for miles.
Did Razzlekhan’s Husband Really Hack Bitfinex?
“Ilya is a f***ing idiot,” says former U.S. “Most Wanted” hacker Brett Johnson, who questions yesterday’s bombshell confession.
DeFi Died and We Didn’t Even Notice
The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn’t really that different from traditional finance.
After the Curve Attack: What’s Next for DeFi?
The $70 million weekend exploit of major platforms, including Curve, come at a time when developers are discussing changes to the prevailing AMM liquidity model.