FTX founder Sam Bankman-Fried’s trial day 6: Recap 

On day 6 of Sam Bankman-Fried’s trial, Caroline Ellison revealed how the defendant forged several balance sheets to defraud lenders and bribed Chinese officials.

Will Ethereum Drop Back To $900? Here’s What This Analyst Thinks

Following the Terra LUNA network collapse back in 2022, the price of Ethereum followed the general market downtrend. As a result of this, the ETH price had fallen to a new cycle low of $900, before recovering once more. However, now that the altcoin is still deep in the throes of the bear market, questions […]

‘I Didn’t Have to Lie Anymore’—FTX Collapse Was a Relief, Says Caroline Ellison

In a text exchange between Ellison and Sam Bankman-Fried, she told him she was in her “best mood.”

JPMorgan Debuts Blockchain Collateral Transaction on TCN

JPMorgan has announced a significant milestone, revealing that it successfully conducted its inaugural live blockchain-based collateral settlement transaction involving BlackRock and Barclays. This transaction utilized JPMorgan’s Ethereum-based Onyx blockchain and the bank’s Tokenized Collateral Network (TCN). BlackRock employed this system to tokenize shares from one of its money market funds, which were subsequently transferred to […]

Bitcoin transactions trail off after September surge

The month so far has seen a dip in Bitcoin’s user activity. Amid this decline, the average transaction fee on the network continues to grow.

US stocks rise as traders wait for inflation data

All US stock indices rose on October 11, as traders awaited consumer price index data to be released on the 12th.

ARK Invest updates spot Bitcoin ETF proposal in response to SEC criticisms

ARK Invest updated its proposal for a spot Bitcoin ETF through an amendment submitted to the U.S. Securities and Exchange Commission (SEC) on Oct. 11. Bloomberg ETF analyst Eric Balchunas noted on X (formerly Twitter) that the update adds comments on Coinbase’s custodial practices. Specifically, the application notes that assets for the fund are held […]

Ripple’s Resilience Shines As Sologenic Reports Surge Institutional Interest in Dubai

In a testament to Ripple’s steadfast appeal, Sologenic, a platform anchored on the XRP Ledger, underscores a steady influx of institutional investors into Dubai. Despite an ongoing legal tussle with the SEC, Ripple remains undeterred in its global expansion, setting its sights on the lucrative markets of Dubai and the broader Middle East and North […]

Israeli Dev Drafted For War

Alon Muroch, the Founder of the SSV Network which provides infrastructure for eth staking, has been drafted to the Israeli army. He said…

L’Oréal’s New Paris Hub Has an AI ‘Visionary Wall’—Here’s How it Works

Beauty giant L’Oréal launched a new creative hub in Paris that includes an AI-powered tool for following—and perhaps creating—trends.