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Crypto News
Former Top FTX Executive Testifies He Knew $8B of Customer Money Was Missing
Nishad Singh, the latest member of Sam Bankman-Fried’s inner circle to testify, said his admiration for SBF turned to “shame” on discovering FTX execs enriched themselves with customer funds.
SEC Won’t Appeal Loss in Grayscale Case, Boosting the Odds GBTC Can Become a Bitcoin ETF
The decision, reported by Reuters, boosts the odds that Grayscale Investments will be able to turn its Grayscale Bitcoin Trust (GBTC) into a more investor-friendly ETF.
Is Hamas Using Crypto to Attack Israel? We Don’t Know
Reports this week about multi-million dollar Hamas crypto financing may have left a faulty impression.
Ethereum’s New Low-Fee Regime May Put Its ‘Ultra Sound Money’ Thesis to Test
The Ethereum network's revenue from fees dropped to its lowest level since April 2020 as speculative activity disappeared and users migrated to layer 2s, IntoTheBlock said.
Hamas’ Crypto Ties May Lend Energy to Sen. Warren’s Money Laundering Bill
The revelations that the terrorist group behind last week’s attack on villages in southern Israel that left more than 1,200 Israelis dead was partially funded with cryptocurrency may lend additional weight to an effort from Sen. Elizabeth…
SBF Trial: Crypto Lender BlockFi Believed Alameda Was Solvent Given Balance Sheet It Was Shown, CEO…
BlockFi lost “a little over a billion dollars” due to its involvement with FTX and Alameda Research, Zac Prince said.