Sam Bankman-Fried’s lawyer lays out ex-FTX CEO’s Supreme Court case
Should US high court justices grant review of the case, they could release a decision as early as June 2027.
Crypto
Bitcoin will become ‘less volatile’ and larger than gold: ‘The Bitcoin Standard’ author
Saifedean Ammous argues that Bitcoin already functions as money when held as a store of value; expects it will become larger and less volatile than gold as it matures.
Kraken Owner Payward to Buy Lithuania’s Saldo Bank in EU Push
Co-CEO Arjun Sethi says customers want cash, crypto, tokenized stocks and credit in one place, starting with lending and cards.
Standard Chartered expands Bitcoin and Ether trading to professional investors in UAE
Standard Chartered expanded its spot crypto trading services to professional investors in the UAE region, with plans to offer access to more market participants.
BitMEX Sued in UK for Return of $27M in Bitcoin Over Unlicensed Derivatives
The claim challenges 1,053 loss-making perpetual swap trades from 2018 to 2022 and also accuses the now-closed exchange of deceit.
Live updates: Bitcoin tumbles from near $84,000 ahead of U.S. inflation data
A brief run at $84,000 faded within the hour as tech stocks stalled and the chip selloff rolled on. Traders are waiting on the September CPI print.
Proposed French tax on regulated stablecoins could drive crypto traders offshore
Chainalysis CEO in France Francois Volpoet warned the proposed 31.4% tax on regulated stablecoins could push traders toward unmonitored offshore channels.
Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE clients
The bank manages custody and settlement in-house via a closed-loop model, removing the need for separate crypto wallets.
Coinbase, which holds 5% of all bitcoin, wants the quantum fix started now
Coinbase says bitcoin should start preparing for quantum computers now, with flexible addresses, a backup quantum-proof key and a separate debate over lost coins.
Starknet introduces wallet privacy feature for DeFi activity
Starknet’s Shadow Accounts allow users to obscure connections between their main wallets and DeFi activity, though transactions remain visible onchain.
Fed’s Williams sees AI supply squeeze lasting beyond 2 years
New York Fed President John Williams’ comments came as he reaffirmed his view that the US Federal Reserve may need to raise interest rates once more this year.
Ripple adds Stripe-owned wallets to XRP Ledger as AI payments pass 14 million
The integration will let software pay for online services using XRP and RLUSD, while questions remain about how much real economic activity the transactions represent.
Solana sets Oct. 21 for Alpenglow upgrade targeting 150-millisecond finality
The switch will replace Solana’s existing validator voting system, remove vote transactions from blocks and could sharply change headline transaction counts even if user activity stays flat.
Bitcoin climbs toward $84,000 after Fed’s Williams sees no rate hikes in 2027
ZEC led a broad bounce among major tokens, and Korean chipmakers snapped a five-day losing streak ahead of Thursday’s U.S. inflation data.
Bitwise’s Hougan says Q3 charts point to ‘crypto spring’
Bitwise’s Matt Hougan said nearly every fundamental indicator that Bitwise tracks spiked sharply higher.
Largest Philippines crypto exchange, Coins.ph, said to face central bank regulatory action
The exchange, which has over 18 million customers, is said to have handled business transactions involving restricted offshore gaming and gambling companies.
Ledger asks resellers to halt sales in Southeast Asia and Hong Kong
The wallet maker requested that devices be removed from shelves while investigators work to establish where tampering occurred.
Strive raising $500 million to buy additional bitcoin with new preferred share class
SATS will offer a fixed 15% dividend yield at par and be junior to the company’s existing SATA, which pays a variable rate (currently 13%).
BNY, Citadel Securities test tokenized U.S. Treasuries to speed up Wall Street financing
The transaction shows how blockchain-based government bonds could help trading firms move collateral faster between settlement and financing.
OpenAI Engineer Arrested for Bugging Office, Company Says AI Caught Him
A Saudi national working at OpenAI allegedly hid an encrypted audio recorder behind a TV in an executive meeting room. OpenAI says its own models helped trace it back to him.
Character.AI Files for Bankruptcy as Disney Bids $20 Million—And Users Get Grief Resources
The chatbot app once valued at $1 billion is up for sale in a Delaware court, two weeks after launching new models. If nobody buys it, it shuts down.
Binance Is Shutting Down Its Bitcoin Mining Pool After Six Years
Binance will discontinue Binance Pool, Pool Savings, Cloud Mining, and other related services in a retreat from mining infrastructure.
Most tokenized stock trading on Solana, BNB Chain occurs outside US market hours
Tokenized equities have reached nearly $3.3 billion in value as investors embrace round-the-clock access beyond Wall Street hours.
Bitcoin Whale That Sat Through Every Crash Since 2020 Just Moved $377M
A wallet that received 4,581 BTC in March 2020, worth about $40 million then, moved its stash today when it was worth about $377 million.
Trezor reduces resellers as a ‘preventative step’ amid Ledger tampering reports
CCO Danny Sanders said he had notified certain hardware wallet resellers that they would be removed from Trezor’s list of authorized entities starting Jan. 1.
Strive Buys $280 Million in Bitcoin, Its Largest Purchase in Months
The Nasdaq-listed asset manager bought the Bitcoin at an average of about $84,500 during a rough week for the market, lifting its total stash to 32,773 BTC.
AI Researchers Are Smoking Cigarettes to Prove AI Will Cure Cancer, Says Palantir Exec
Palantir CTO Shyam Sankar says many AI researchers have taken up smoking to signal their faith in AI.
How the SEC’s lack of leadership could facilitate crypto rulemaking
A recent change in the SEC’s rules on quorum could make it easier for the agency to amend its approach to crypto regulation in the absence of a market structure bill.
Bitcoin Shakes Off Spooky Season Jitters: Can Bulls Keep It Going?
Bitcoin dipped below $81,000 before buyers stepped in, but the Fear and Greed Index says traders aren’t convinced yet.
Trezor Cuts Its Resellers After Ledger Finds Spy Implant in Crypto Wallets
Trezor is ending reseller authorizations on January 1, 2027, after Ledger confirmed that wallets sold by a Southeast Asian retailer carried a hidden implant that sent out users’ recovery phrases.