Thursday, April 17, 2025
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Judge Kaplan denies acquittal motion, closing arguments set for Nov. 1

Sam Bankman-Fried’s testimony concluded on Oct. 31 as prosecutors outlined inconsistencies in his statements and defense lawyers pointed to erroneous management decisions taken by other executives like FTX co-founder Gary Wang and ex-Alameda Research CEO Caroline Ellison. Prosecutors fielded multiple exhibits detailing Bankman-Fried’s media run in the wake of FTX’s collapse.

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dYdX launches layer 1 blockchain, validators and stakers set to receive all fees

Decentralized cryptocurrency exchange dYdX has launched its layer 1 blockchain with the creation of its genesis block which will operate using native DYDX tokens.The dYdX Chain is set to distribute all fees to validators and stakers in USD Coin (USDC). This includes trading fees denominated in USDC as well as

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Controls on Major Crypto Shareholders Set Out by EU Banking Regulators EBA and ESMA in MiCA Consultations

New European Union laws known as the Markets in Crypto Assets regulation, MiCA, due to take effect in December 2024, require prospective crypto license holders to show owners and executives have a good reputation. MiCA authorizations – which will allow crypto companies to operate across the 27-nation bloc – can

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Federal Court Set to Formalize Grayscale ETF Victory Today Following SEC’s Refusal to Appeal

A federal court may formalize the ruling on Grayscale’s ETF today, officially vacating the SEC’s refusal to convert the GBTC. A federal court is set to formalize Grayscale Investments’ victory over the United States Securities and Exchange Commission (SEC) over the firm’s conversion of the GBTC into a spot Bitcoin exchange-traded

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Shiba Inu set for recovery as investors eye Neo and InQubeta

Crypto is volatile, but two popular altcoins have been resilient despite harsh market conditions. Shiba Inu (SHIB) recently processed a large chunk of transactions, while InQubeta(QUBE) has been steadily gaining investor attention. InQubeta eases investment in crypto AI startups Many artificial intelligence (AI) startups are launching or planning to in the months

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