Regulation
In a July decision, the court ruled that Ripple had not crossed federal securities laws in making XRP available to retail customers through programmatic sales to exchanges.
Federal judge Lewis Kaplan quizzed potential jurors about their knowledge of crypto and Sam Bankman-Fried. The FTX founder and former CEO faces seven charges, including wire fraud and conspiracy to commit money laundering.
Mashinsky, who headed the crypto lender when it went bankrupt in July 2022, is charged with wire fraud and other crimes.
Business
The testnet launch of OP Stack’s fault proof system is preparing for zero-knowledge proofs and a more secure ecosystem.
The blockchain data firm is cutting 150 employees in its second round of layoffs this year.
The excitement surrounding Ethereum Futures ETFs launching for the first time in the U.S. didn’t quite translate into dollars traded.
The bankrupt crypto lender has filed for final approval to distribute repayments to creditors before the end of the year.
Bitcoin
Cryptocurrencies retreated Monday after surging over the weekend amid high hopes for new Ethereum futures ETFs.
But a CoinShares report noted that trading volume remains “seasonably low.”
Ethereum
The crypto asset manager wants to convert its Ethereum Trust into a spot Ethereum ETF.
