Regulation
Once a crypto magnate, Bankman-Fried now navigates the economics of prison life as he awaits sentencing, according to a Wall Street Journal report.
Business
On-chain analysts found that Coinbase’s reserves increasing around 12,000 BTC over the same period that Binance’s reserved decreased by 5,000 BTC.
DeFi
Recently launched Ethereum Layer 2 Blast experienced massive TVL growth and could potentially overtake other projects like Base and zkSync.
Citing flight risk concerns, authorities request Changpeng Zhao to stay in the U.S. ahead of his February 2024 sentencing following a guilty plea.
KyberSwap alerted users to a “security incident” on its platform, where an estimated $48 million worth of crypto has been drained so far.
The U.S. Court of Appeals rejected Sam Bankman-Fried’s request for a release on the grounds that he attempted to tamper with witnesses leading up to his trial.
Justin Sun, an investor in Hex confirmed the hack in a post on X. Onchain data provider Arkham Intelligence is offering a bounty to identify the source of the hack.
Bitcoin
The economic beliefs of Argentina’s new president contrast starkly with the foundational beliefs of Bitcoin enthusiasts.
Grayscale executives have sat down with the SEC to discuss the details around converting GBTC into a spot Bitcoin ETF.
Binance CEO Changpeng Zhao was released from custody on a $175 million bond – the conditions of which permit him to leave the US until his February sentencing.