Business
The former president of the NYSE is one of the contenders to relaunch crypto exchange FTX after bankruptcy proceedings conclude.
The centralized crypto exchange has launched a self-custody crypto wallet that allows users to interact with decentralized applications and swap tokens across various networks.
Regulation
An Unchained analysis of political giving shows that Democrats are receiving a large share of the industry’s donations.
The banking giant will start its digital asset custodial services next year for institutional investors who want to store tokenized traditional finance products, not cryptocurrencies.
The approval will allow the bank’s Hong Kong subsidiary to deal in and distribute virtual asset-related securities and provide securities advice to institutional clients.
Circle is reportedly in talks with advisers to prepare for a public listing in 2024 at an undisclosed valuation.
Wintermute CEO Evgeny Gaevoy claims that the NEAR Foundation refused to honour their commitment for the $11 million USDT in exchange for USN sent to them.
Bitcoin
ORDI is currently up 77% after the crypto exchange listed the token under its “seed” tag.
USDY is a yield-generating tokenized note backed by U.S. Treasuries and bank demand deposits.
Rich Cooper and Sam Enzer dissect the rapid jury decision and the complex road ahead for SBF’s legal battles.
