Prosecutors Seeking Arrest Warrant for Terraform Labs’ Daniel Shin: Yonhap
Terraform Labs’ co-founder is being charged with violating the Electronic Financial Transaction Act, according to media reports.
Crypto
Genesis Creditors Hire Lawyers to Find Ways to Prevent Crypto Brokerage’s Bankruptcy
Genesis is in talks with creditors and potential investors, Bloomberg News reports.
Digital assets could add $40B a year to Aussie GDP: Tech Council report
A clear principles-based regulatory approach to the digital assets sector could be a huge benefit to the Australian economy according to the report.
First Mover Asia: Bitcoin Climbs Toward $17K Despite Investor Unease
ALSO: Sam Reynolds writes that most of Grayscale’s digital asset trusts are trading at a deep discount, and that other digital asset trusts that have significant assets are facing the same predicament.
CrossTower to acquire institutional prime brokerage BEQUANT
It comes after months of window shopping by CrossTower as crypto companies are still looking to expand despite the crypto market downturn.
IBM and Maersk Abandon Ship on TradeLens Logistics Blockchain
An enterprise blockchain project from bygone bear markets will wind down after five years.
SBF reveals what was behind FTX’s reopening of Bahamian withdrawals
The former FTX CEO has explained why the exchange only reopened withdrawals for Bahamian citizens shortly before filing for bankruptcy.
Brazilian Chamber of Deputies Approves Bill Regulating Crypto Transactions
The bill still requires the approval of the executive branch before it becomes law.
Jack Dorsey’s TBD Is Looking to Trademark ‘Web5’ to Deter Its Misuse
The move is meant to prevent confusion about the meaning of Web5.
SBF Hid Republican Donations So Media Wouldn’t ‘Freak the Fuck Out’
Bankman-Fried became the poster boy for “effective altruism” but only donated publicly to Democratic candidates.
Learn from FTX and stop investing in speculation
Speculative investing led people to FTX. Now that we’ve seen the consequences, let’s hope they start looking for value-based propositions.
What’s Happening With Wrapped Bitcoin on Ethereum?
Wrapped Bitcoin—WBTC—lost its peg last week. Here’s what that means, and why it matters.
DeFi Giants Aave, Compound Freeze Markets and Cap Loans to Mitigate Risks
The lending protocols have implemented new security measures to block attacks after an attempted short squeeze last week.
OpenSea CEO: FTX Fallout Is ‘Opportunity’ to Refocus on Trust
The NFT marketplace head points to the benefits of decentralization and talks about creator royalties in the Solana NFT market.
‘I never opened the code for FTX’: SBF has long, candid talk with vlogger
The disgraced former head of the world’s second-largest cryptocurrency exchange tells his side of the story in candid but occasionally inarticulate interviews.
The creator of the FTSE100 launches indices for crypto
The constituent coins that make up the indices have not yet been released, but it does include performance data for the first three quarters of 2022.
Sam Bankman-Fried Called to FTX Hearing by Texas Securities Regulator
The Texas State Securities Board has been investigating FTX US since October.
Crypto Markets Today: Huobi’s HT Token Climbs After Exchange Discloses Airdrop
The company will send a digital token to users via Huobi Prime, its exclusive token offering platform. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
US lawmaker questions major crypto exchanges on consumer protection amid FTX collapse
Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin were targets of one senator’s probe into protections the firms had in place if a failure similar to FTX’s occurred again.
Fintech Lawyer Says Crypto Companies Should Seek Legal Advice Before Launch
Lisa Rubin, a blockchain attorney with Paul Hastings, sat down with Decrypt at 0xpo Crossroads in San Francisco to discuss legal misconceptions the industry still holds.
Libertex crypto exchange head Vyacheslav Taran dies in helicopter crash in France
Taran’s death is the third to shake the crypto world in recent weeks, following Amber Group’s Tiantian Kullander and MakerDao’s Nikolai Mushegian.
Crypto Services Firm Prime Trust Has Fired CEO Tom Pageler
Crypto fintech Prime Trust’s CEO, Tom Pageler, was fired this week, CoinDesk has learned.
Ethereum Founder Vitalik Buterin Calls Governance Token Speculation ‘Pathological’
Buterin doesn’t want traders to speculate on or hoard crypto governance tokens.
FTX, Alameda Owe BlockFi More Than $1 Billion: Court Hearing
“The Luna collapse really was the start of everything,” lead attorney Joshua Sussberg said during the company’s first day hearing.
FTX hacker reportedly transfers a portion of stolen funds to OKX after using Bitcoin mixer
On-chain activity suggests that the hacker has sent at least 225 BTC (4.5 million) to OKX so far.
Sam Bankman-Fried Says FTX Hacker May Be a Former Employee
The bankrupt FTX cofounder also admitted in an interview published today that he prioritized Bahamian withdrawals.
Beto O’Rourke Returned a $1M Campaign Donation From Sam Bankman-Fried: Report
The former Texas Democratic candidate for governor was uncomfortable accepting such a large unsolicited donation, according to the Texas Tribune.
Ukraine-based blockchain firm blasts ‘fake news’ for crypto donation rumors amid FTX collapse
Sergey Vasylchuk, the CEO of Everstake, said individuals behind Russian propaganda used the fall of FTX “to spin yet another tale about money laundering.”
New York Man Pleads Guilty to $2M Crypto Mining Fraud
Chet Stojanovich, 38, went to great lengths to pose as a broker of crypto mining equipment and hosting services – but kept his customers’ money for himself.
Huobi Token Surges After Crypto Exchange Discloses Airdrop of Dominica Coin
The deal is noteworthy partly because of its connections to the crypto billionaire Justin Sun, founder of the Tron blockchain where the Caribbean island’s new token will reside.