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Sam Bankman-Fried sentenced to 25 years in prison

NEW YORK, NEW YORK - JANUARY 03: FTX Founder Sam Bankman-Fried arrives for a court hearing at Manhattan Federal Court on January 03, 2023 in New York City. Bankman-Fried has been charged with eight criminal counts of fraud, conspiracy, and money-laundering offenses which includes making illegal political contributions. He was released on $250 million bond after being extradited from the Bahamas with the bail package requiring him to stay with his parents in California as he awaits trial. Gary Wang, who co-founded the company, and Carolyn Ellison, the former CEO of Alameda, who have both pleaded guilty to fraud charges, are expected to be government witnesses during his trial. (Photo by Michael M. Santiago/Getty Images)
Bankman-Fried plans to appeal the conviction and sentence.

Forkast+ Exclusive perspectives and analysis

Rune Christensen

MakerDAO’s Christensen wants to make DAOs fun again. He’s not alone.

Projects are rethinking how to make DAOs more fun and less disappointing.
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From Silicon Valley to Sand Dunes: Why Indian crypto firms eye Dubai expansion

Indian crypto companies flock to Dubai, escaping high local taxes and finding solace in the emirate’s favorable regulatory environment.

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crypto airdrop

KuCoin launches US$10 mln airdrop campaign amid legal woes

KuCoin’s $10 million airdrop aims to retain users despite DOJ and CFTC charges.
Zynga's free Sugartown Oras NFTs spotlight the power of mystery in the digital asset realm as prices surge on speculation.

Elixir Games nets US$14 mln for Web3 gaming growth

Web3 gaming company Elixir Games secures $14M in seed funding to enhance its ecosystem and introduce a new token.
Ethereum falls to the ground as NFT sales plunge. User watches the apocalyptic fall.

Ethereum validator count passes one million

Ethereum’s security strengthens as validator numbers reach a new milestone.
Tron Founder Justin Sun. Image: Twitter

Dune Analytics expands blockchain data with Tron integration

Dune Analytics partners with TRON, enhancing data access and offering a $650,000 prize for HackaTRON developers.
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Bitcoin snatches daily NFT throne from Ethereum

Bitcoin maintains market stability, while Ethereum and Solana see significant changes in non-fungible token sales over the past day.
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JIGO BRC-20 NFTs surge in daily sales

Bitcoin’s $JIGO BRC-20 NFTs see a significant to lead Thursday’s sales chart.
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FrxETHRedemptionTicket leads NFT sales surge

Ethereum’s FrxETHRedemptionTicket tops NFT market with a significant sales increase in the last 24 hours.
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Ethereum reclaims NFT throne with US$17.02 mln in daily sales

Ethereum tops daily NFT sales, Bitcoin and Solana see mixed results, with notable changes in wash sales.
concept of DeFi and blockchain

Fantom’s Sonic upgrade to elevate DeFi and transaction speed

Sonic upgrade promises 2,000 TPS boost and improved DeFi for Fantom users.
WASHINGTON, DC - SEPTEMBER 12: U.S. Securities and Exchange Commission chairman Gary Gensler testifies during a Senate Banking Committee hearing on Capitol Hill September 12, 2023 in Washington, DC. The hearing focused on oversight of the U.S. Securities and Exchange Commission. (Photo by Drew Angerer/Getty Images)

SEC demands US$2 bln from Ripple Labs

The SEC seeks a $US2 billion penalty from Ripple Labs in a landmark case.
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DeFi group, apparel company sue SEC over crypto token classification

The DeFi Education Fund and Beba challenge the SEC to clarify the status of their $BEBA token as non-security.
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Mad Lads NFTs rise as the day’s top collection

Solana’s Mad Lads collection sees significant sales and transaction increase, leading daily NFT market.
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Bitcoin leads NFTs with a 46% sales bump

Bitcoin’s NFT sales see a slight increase, outperforming Ethereum and Solana in daily transactions.
cardano, bitcoin and frozen backdrop | Markets: Bitcoin, Ether fall; Solana, Cardano show bigger losses | bitcoin price, ether price, solana news, cardano, polkadot, dogecoin

Solana’s Froganas, Howdy Hats, lead NFT sales

Two of Solana’s up and coming collections lead the NFT market’s daily performance.
philippines flag, The Philippines looks to blockchain voting for its diaspora

Binance faces ban in Philippines

Binance gets blocked by Philippines financial watch dog as the exchange drops Tron USDC.
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NFTs are 94% worthless and also up over 52,000%

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An unmissable weekly round up of the biggest stories in emerging tech from an Asian perspective, featuring commentary from Forkast Editor-in-Chief Angie Lau. Check out recent editions.