Ethereum
The change of plans comes a day after Fox Business declared Valkyrie the winner of the futures race that isn’t finished yet.
Regulation
Teneo, the bankrupt crypto hedge fund’s liquidator, had attained a committal order sentencing Zhu and his cofounder, Kyle Davies, to four-month sentences earlier this week.
The former FTX CEO will spend at least 21 days at his criminal trial which is scheduled to begin on Oct. 4.
Business
The cryptocurrency exchange’s international arm previously only allowed institutional users outside of the U.S. to trade perpetual futures.
The founder and former CEO of FTX will remain in jail throughout his trial, which begins on October 3.
Investment manager VanEck and a Bloomberg ETF analyst hint that decisions on Ethereum futures exchange-traded funds could be rushed ahead of a government shutdown.
Bitcoin
The Bitcoin mining firm said the invalid block was a result of an unanticipated bug from one of its experiments.
Binance said the payments provider made a “sudden and inexplicable decision” to stop processing EUR deposits for the exchange’s users.
The analysts believe that catalysts over the next year trump the crypto regulatory uncertainty, including recent deferrals of spot bitcoin ETFs, and interest rate worries that have unsettled investors.
The world’s largest crypto exchange is exiting the region through unit sale to CommEX on undisclosed terms.
