A third former FTX-linked executive is reportedly considering providing evidence against Sam Bankman-Fried in an attempt for a more lenient sentence.
Celebs who got burned endorsing crypto and those that got away with it
Screen actors and sports stars copped most of the backlash for 2022’s crypto endorsements, while soccer legends appear to have gotten away with it.
Israeli securities regulator moves to establish crypto legal framework
After tasking multiple committees over the years, the Israeli Authority is ready for public comment on its proposal of crypto legal framework
Grayscale ETH trust nears record 60% discount as nerves continue over DCG
Grayscale’s Ethereum, Litecoin and Bitcoin Cash Trusts are at steep discounts as concerns whirl around Digital Currency Group’s liquidity.
Bahamas regulator denies asking crypto exchange FTX to mint new tokens
Bahamas regulator fights back against being ‘publicly challenged’ by FTX against incorrect calculations of digital assets transferred under its control
Erik Voorhees tips $40K BTC by June, but little consensus among pundits
ShapeShift CEO Erik Voorhees expects Bitcoin to reach $40,000 by the summer, while Tim Draper has stood by his $250,000 prediction for the second year running.
Lido overtakes MakerDAO and now has the highest TVL in DeFi
A Nansen in December noted that Ether staking solutions had been in high demand since Ethereum’s shift to proof-of-stake.
Mati Greenspan’s boss bribed him with 1 BTC to join Twitter: Hall of Flame
Turkey’s central bank completes first CBDC test with more to come in 2023
After recently completing its first payment transactions using a CBDC, the central bank is pushing ahead with more tests over 2023.
MicroStrategy to offer Bitcoin Lightning solutions in 2023
MicroStrategy’s Lightning Network solutions include Satoshi-powered incentives for marketing and website cybersecurity.
SEC seeks to keep Hinman documents hidden in Ripple case
SEC’s request to seal documents in the Ripple Labs case has sparked criticism from the community.
North Korean hackers stealing NFTs using nearly 500 phishing domains
The hackers created decoy websites impersonating NFT marketplaces, NFT projects and even a DeFi platform.
Be ‘very wary’ of crypto proof-of-reserve audits: SEC official
SEC’s acting chief accountant Paul Munter said that investors shouldn’t place too much confidence in a company holding up a proof-of-reserves audit.
Crypto Twitter confused by SBF’s $250M bail and a return to luxury
The crypto community raised many questions about how FTX’s former CEO was able to secure bail and the conditions it will come with.
British Columbia to halt new power connections for crypto miners
British Columbia has cited prioritizing clean energy and job creation as the main reasons for suspending cryptocurrency mining operations
California regulators order MyConstant to cease crypto-lending services
The California DFPI warned in July that it would be cracking down on crypto interest account providers in the state.
New House Financial Services Committee chair wants to delay crypto tax changes
U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury.
Spain’s central bank to experiment with wholesale CBDCs
The Bank of Spain said the study can help determine to what extent it can adapt to the “needs and demands of an increasingly digital society.”
Ripple files final submission against SEC as landmark case nears end
The two-year-long battle between SEC and Ripple is approaching the end, with Ripple filing its final submission in its case against the US regulator on Dec. 2.
Getting funds out of FTX could take years or even decades: Lawyers
The complexities that come with digital assets, cross-border insolvency and competing jurisdictions could add years to the timeline.