United States prosecutors argue that the potential for FTX investors to be made whole through the high valuation of Anthropic cannot be presented by Sam Bankman… Source: https://cointelegraph.com/app/public/index.php/news/prosecutors-say-sam-bankman-fried-500m-anthropic-stake-irrelevant
The second week of the Sam “SBF” Bankman-Fried FTX fraud trial will commence its hearings again on Monday, Oct. 9 with one of the main focal points anticipated to be testimony from Caroline Ellison. Ellison, former romantic partner of SBF’s and CEO of FTX-tied Alameda Research is set to testify this upcoming week, possibly as soon as Tuesday. She was…
United States prosecutors argue that the potential for FTX investors to be made whole through the high valuation of Anthropic cannot be presented by Sam Bankman… Source: https://cointelegraph.com/public/index.php/news/prosecutors-say-sam-bankman-fried-500m-anthropic-stake-irrelevant
Bitcoin prepares for a testing macro week as geopolitical uncertainty injects volatility into gold, oil and the U.S. dollar, but BTC price action has yet to rea… Source: https://cointelegraph.com/public/index.php/news/war-cpi-28k-btc-price-5-things-bitcoin-week
CoinShares latest investment report revealed a surge of investment into the market, with a total of $78 million pouring into the sector. This is the second consecutive week of positive inflows, with almost a four-fold increase from $21 million in the previous week, and also the largest week of inflows since July this year, as noted by the report’s author…
Digital asset investment products have continued to see significant inflows last week, reaching the highest volume levels since July 2023, according to a new report. Crypto investment products saw inflows for the second consecutive week, totaling $78 million, crypto asset management firm CoinShares reported in its weekly analysis report on Oct. 9. According to CoinShares, the volumes of crypto exchange-traded…
In his Friday testimony, FTX co-founder Gary Wang said the crypto exchange’s insurance fund balance differed from the actual funds held by the exchange. “For one, there is no FTT in the insurance fund,” Wang reportedly said, according to a retranscription of the trial’s fourth day posted on Twitter by BitMEX Research. “It’s just the USD number. And, two, the…
Coinbase, Revolut, and Binance have made updates to their mobile and web applications to comply with the new United Kingdom Financial Conduct Authority (FCA) marketing rules, which took effect on October 8. Over the weekend, Coinbase and Revolut notified their customers via email about these changes, including additional “risk disclaimers” for crypto transactions, and asked their users to update the…
Representatives in the European Union are reportedly negotiating a plan for additional regulations on the largest artificial intelligence (AI) systems, according to a report from Bloomberg. The European Commission, European Parliament and the various EU member states are said to be in discussions regarding the potential effects of large language models (LLMs), including Meta’s Llama 2 and OpenAI’s GPT-4, and…
Bitcoin prepares for a testing macro week as geopolitical uncertainty injects volatility into gold, oil and the U.S. dollar, but BTC price action has yet to rea… Source: https://cointelegraph.com/app/public/index.php/news/war-cpi-28k-btc-price-5-things-bitcoin-week
