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Crypto News
Sam Bankman-Fried’s Jurors Were Sent Home for the Day, but His Debut on the Stand Was…
Prosecutors rested their case on Thursday, so SBF's defense lawyers are calling witnesses now.
Dollar/Yen Trading Volume Surpasses Bitcoin on DeFi Platform Gains Network
Gains Network, initially released on Polygon and later on Arbitrum, allows users to trade financial derivatives of cryptocurrencies, foreign exchange and commodities by matching buy-sell orders using smart contracts.
First Mover Americas: Deutsche Bank Trials a SWIFT Alternative for Stablecoins
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
UK Bill for Seizing Illicit Crypto Finally Becomes Law
The bill lets law enforcement freeze crypto without a conviction, promising faster and more substantial seizures.
HayCoin Price Climbs to $5.5M Per Token as Long-Term Holder Destroys 51 HAY
The first-ever token floated on Uniswap was revived by a bunch of developers and is quickly gaining a loyal community.
Sam Bankman-Fried May Testify to Role of Lawyers, ‘Good Faith’ Efforts, Filing Says
In a series of filings throughout Thursday, the Department of Justice and Sam Bankman-Fried's defense crossed swords on issues ranging from charts the defendant wants to use in his testimony to an ongoing question of whether the defense can…
Catching Up on a Lot of Stuff
I poked my head out of the Sam Bankman-Fried trial just long enough for my entire panel of House lawmakers at CoinDesk's policy event in Washington, D.C. to cancel, leading to a very impromptu session instead. Unfortunately that's not…
Lesser-known Johnson Wins Speaker Job as Crypto-focused Lawmakers Return to Old Roles
After several failed attempts, Republicans in the U.S. House of Representatives dug deep into their roster to elevate a less prominent and less controversial lawmaker, Rep. Mike Johnson (R-La.), as the new Speaker of the House.
Hobbled Crypto Exchange’s Creditors Are Suing Its CEO and Want to Claw Back Money From…
CoinFLEX CEO Mark Lamb breached his fiduciary duty when he created a new company, OPNX, with the founders of failed crypto hedge fund Three Arrows Capital, creditors argue. They are also critical of a deal Lamb struck with early BTC…
Bitcoin Dominance Hits Fresh 30-Month High as Ether, Altcoins Lag in Rally
Bitcoin's market share of all cryptocurrencies rose to a fresh 30-month high Wednesday as BTC continues to beat most altcoins or alternative cryptocurrencies.