Assistant U.S. Attorney Danielle Sassoon reportedly said SBF made roughly 100 calls to a reporter behind The New York Times story that revealed Caroline Ellison’s private journals. A federal judge overseeing the criminal case against Sam Bankman-Fried, also known as “SBF,” will reportedly consider revoking the former FTX CEO’s $250 million bail based on allegations...Continue Reading

Fabian Vogelsteller has been working full-time to create his new blockchain since 2018, with its mainnet launching just this May. In 2018, Ethereum lead developer Fabian Vogelsteller contacted the community for a new standard for smart contracts he created alongside co-founder Vitalik Buterin. Dubbed ERC-20, Vogelsteller, at the time, only wished for input regarding the...Continue Reading

The creators of the popular NFT game Axie Infinity announced a partnership with NFT collection CyberKongz to migrate the Play & Kollect game to Ronin. In this week’s newsletter, read about how Reddit onboarded millions into Web3 through its nonfungible token (NFT) avatars, and check out McDonald’s first metaverse experience in The Sandbox. Find out...Continue Reading

Bitcoin and several major altcoins are trading inside a range, indicating that a strong catalyst is needed to start the next trending move. Bitcoin broke below the support of its narrow range on July 24, but the bears have not been able to capitalize on it and start a sharp downward move. This is a positive...Continue Reading

A couple who filed a lawsuit over how staked Tezos tokens were taxed has gone to appellate court after refusing to accept a refund check from the IRS. Oral arguments began on July 26 for an appeals case on a complaint a Tennessee couple filed against the United States Internal Revenue Service (IRS) on calculating...Continue Reading

The new rules will govern how brokers use artificial intelligence to entice investors and how they use “optimization functions” to target investors and determine investment strategies. The United States Securities and Exchange Commission (SEC) approved a set of sweeping changes to the rules governing the use of “optimization functions” by brokers in a committee vote...Continue Reading

BTC’s price has yet to see real volatility kick in as the Fed hikes rates with Chair Powell yet to speak. Bitcoin shifted toward $30,000 on July 26 as the Federal Reserve delivered a fresh interest rate hike. BTC/USD 1-hour chart. Source: TradingView Bitcoin tames volatility ahead of Powell press conference Data from Cointelegraph Markets Pro...Continue Reading

The CFA Institute asked members around the world how they felt about CBDCs. Their responses might surprise the crypto community. The CFA Institute, the professional association that provides Certified Financial Analyst credentialing, surveyed its members on their perceptions of central bank digital currency (CBDC), saying it wanted to examine the demand-side outlook on the financial...Continue Reading

On July 26, six pieces of legislation were being considered by the House Financial Services Committee including ones on regulatory clarity and consumer protection in the space. Members of the United States House Financial Services Committee seem to be divided on the best legislative path forward dealing with regulatory clarity for crypto and blockchain technology....Continue Reading

The Office of the Superintendent of Financial Institutions (OSFI) is opening public consultations on two draft guidelines updating its capital and liquidity approach to crypto assets. Canada’s financial watchdog is proposing changes to its capital and liquidity approach to crypto assets, according to an announcement on July 26. According to the Office of the Superintendent...Continue Reading