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Crypto News
Taiwanese Crypto Trader’s 6-Cent Fee Leads to $310K Win in Tax-Receipt Lottery
Sometimes, being tax-compliant pays off.
Sam Bankman-Fried, Other FTX Execs Committed Financial Crimes, Co-Founder Wang Testifies
Gary Wang, the former chief technology officer and co-founder of FTX, told a jury that he, Bankman-Fried and fellow former executives Caroline Ellison and Nishad Singh committed multiple forms of fraud.
Crypto for Advisors: Waiting for the Next Crypto Bull Market? It’s Already Here.
Is crypto winter slowly thawing and spring upon us? Thanks to Jennnifer Murphy from Runa Digital Assets sharing their perspective on the crypto market and indicators that the bull may be upon us.
Blockticity Mints Hemp and Cannabis Certifications on Avalanche
The process works by Blockticity printing a QR code on a product and the QR code then links to a Certificate of Analysis minted as an Avalanche NFT.
Banks Would Have to Disclose Crypto Holdings Under New BIS Plan
The Basel Committee on Banking Supervision previously recommended swingeing capital constraints on holdings of unbacked cryptocurrency
Friend.Tech Targeted SIM Swaps Worsen as Users Lose More Ether
CoinDesk reported earlier this week that Friend.Tech users were seemingly starting to get targeted in SIM swap exploits.
First Mover Americas: DOJ: SBF’s Crypto Empire Was Built on a Lie
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
FTX Employees Knew About the Backdoor to Alameda Months Before Collapse: WSJ
The employees flagged their discovery to one of FTX's director of engineering Nishad Singh but the problem never got fixed.
Crypto Fundraising Hits 3-Year Low as Firms Struggle to Raise Capital: Messari
The amount raised by crypto firms in Q3 fell to just under $2.1 billion, across 297 deals, the lowest on both counts since Q4 2020
Unpacking the First Day of Sam Bankman-Fried’s Actual Trial
A Parisian cocoa trader told Sam Bankman-Fried’s trial jury that pricey ads and FTX’s confident CEO helped convince him the crypto exchange was a safe place to deposit over $100,000 so he could trade cryptocurrencies – but he never expected…