Alameda Was ‘Business as Usual’ Before Collapse: Ex-Engineer
Security and risk checks were “poor” at the company, but the implosion of the trading firm came as a surprise to insiders.
Month: October 2023
Hong Kong Stock Exchange Launches Blockchain-Based Settlement Platform
HKEX says the system, used by traders in Hong Kong to buy stocks in China, will speed up settlement and provide greater transparency.
Bitcoin Edges Higher to $27.7K; AVAX, XRP Jump as Crypto Market Settles
Bitcoin edged higher to $27,700 Wednesday afternoon as crypto markets calmed after Monday’s sharp rally. XRP and AVAX jumped 3% and 7%, respectively.
Poor Week for Ether Prompts Research Firm to Reverse Outlook, Advise Favoring Bitcoin Instead
Ether’s price dropped to its lowest price compared to bitcoin since July 2022 as the launch of futures-based ETH ETFs attracted meager interest from investors.
Sam Bankman-Fried ‘Lied,’ DOJ Tells Jury; Defense Tries to Pin FTX Collapse on Caroline Ellison
“He poured money — other people’s money — into investments to make himself even richer,” the prosecutor said in opening arguments.
The Protocol: Which Ethereum Layer-2 Project ISN’T Competing to Land Celo?
In this week’s issue of The Protocol, we highlight layoffs hitting key firms as well, and how blockchain projects are competing for new mandates – specifically big Ethereum layer-2 developers like OP Labs, Polygon and Matter Labs vying to provide the technology for the Celo blockchain’s new network
Sam Bankman-Fried Now Has a Jury
A federal judge has chosen the 12 people who will decide whether FTX founder Sam Bankman-Fried violated fraud and other laws in running his once-mighty crypto exchange.
Central Bank Group Unveils Data Project Mapping Crypto Transfers
The new data source, which also maps off-chain flows, could underpin future crypto regulations, according to the German-Dutch central bank project.
XRP Spikes as Ripple Scores Singapore License, SEC Loses Motion to Appeal
Broader crypto markets dropped 0.7% in the past 24 hours, the CoinDesk Market Index (CMI) shows.
First Mover Americas: Judge Dismisses SEC’s Attempt to Appeal Ripple Ruling
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.