Regulation
Sam Bankman-Fried found guilty on all charges
Bankman-Fried’s sentencing hearing is scheduled for March 28, 2024.
Zoltan Vardai
Forkast
Crypto Archive
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Most recent
Regulation
PayPal subpoenaed by SEC over PYUSD Stablecoin
PayPal said that it is collaborating with the SEC’s request.
Zoltan Vardai
Altcoins
ProShares launches short Ether ETF
The new ETF will offer investors short exposure to Ether.
Zoltan Vardai
Regulation
PayPal registers crypto service with UK FCA
The registration enables PayPal to advertise its crypto services to U.K. customers.
Zoltan Vardai
Bitcoin News
Tether offers US$610 mln debt financing facility to German Bitcoin miner Northern Data
Tether extends US$610 million loan to boost Northern Data's AI and Bitcoin mining operations.
Zoltan Vardai
Bitcoin News
SBF trial drama fails to dampen Bitcoin’s meteoric October
Top blockchain and crypto news: Bankman-Fried's memory lapses, betting on the return of NFTs, ETF dreams and Bitcoin’s Uptober
Forkast.News
Regulation
SBF trial enters final stage; Bankman-Fried lied about spending customer funds, prosecutors say in closing arguments
Bankman-Fried trial nears end: defense claims good faith as prosecution alleges misuse of funds.
Zoltan Vardai
Bitcoin News
Nomura-backed Komainu partners Crypto Garage for institutional crypto services
The collaboration aims to build institutional crypto services in Japan.
Zoltan Vardai
Altcoins
Circle to cease USDC minting for retail customers
Circle said the account closures do not apply to businesses or institutional Circle Mint accounts.
Zoltan Vardai
Uncategorized
SBF examined over “cozy relationship” with Bahamian government in fraud trail
This marked Bankman-Fried’s fourth and final day of testimony before Wednesday’s closing arguments.
Zoltan Vardai
Blockchain Security
How blockchain can fortify children’s online safety
Colossal failures in online age verification have opened the floodgates for kids to access harmful content and become 'friends' with adult strangers. Can encrypted decentralized IDs put a stop to all that?
Lars Seier Christensen
NFTs and Art
NFT’s October treat
October sees NFT resurgence with US$300 million in sales despite negative trade profits; SoFi platforms face challenges amid financial scrutiny.
Yehudah Petscher
Crypto Trading and Strategies
Mad Lads creator Backpack to launch licensed crypto exchange in Dubai
Backpack said it also secured operational licenses in other jurisdictions.
Zoltan Vardai
Bitcoin News
‘Uptober’ narrative saved by spot Bitcoin ETF bounce
Often dismissed as coincidence, October has once again produced an upswing in the crypto market, with excitement around a potential U.S. spot Bitcoin ETF to thank for this year’s ‘Uptober.’
Will Fee
Regulation
Sam Bankman-Fried’s credibility questioned by prosecutors during cross-examination
Prosecutors pointed out inconsistencies in Bankman-Fried’s public statements before FTX collapsed in a four-hour grilling.
Zoltan Vardai
Regulation
Singapore, Japan, Switzerland and U.K. to collaborate on digital assets pilots
The MAS said that its previous tokenization pilots demonstrated great potential benefits of the technology.
Zoltan Vardai
Regulation
Standard Chartered’s Zodia Custody to launch in Hong Kong
The move is part of an Asia Pacific expansion effort by the cryptocurrency custodian.
Zoltan Vardai
Altcoins
Thailand’s Kasikorn Bank buys majority stake in Satang crypto exchange
The lender, known as K-bank, said it will also open three additional crypto subsidiaries.
Zoltan Vardai
Web3 Development
Web2 social media is in a race to the bottom. Web3 can do better
Platforms like Facebook, Reddit and the hot mess formerly known as Twitter are alienating users like never before. 'Web3 doesn’t let you be a dick and get away with it,' writes Joonatan Lintala, CEO of Phaver.
Joonatan Lintala