The Australian treasury’s newly-released consultation paper will require to crypto exchanges to apply for financial services licence from the local financial re… Source: https://cointelegraph.com/public/index.php/news/australia-treasury-crypto-exchange-financial-services-license-regime-consultation
Grayscale’s Bitcoin investment vehicle, Grayscale Bitcoin Trust (GBTC) is trading at its lowest discount in nearly two years, as spot Bitcoin ETFs continue to inch toward potential approval in the United States. The latest data from YCharts shows GBTC’s discount to Bitcoin net asset value (NAV) has narrowed to 15.87% as of Oct. 13. Discount to net asset value (NAV)…
Attorneys for Sam Bankman-Fried submitted a letter to Judge Lewis Kaplan on Sunday requesting that the FTX founder be allowed access to his prescribed medication during his ongoing fraud trial, saying he is unable to focus without it. The filing by the defense said that Bankman-Fried has attention-deficit hyperactivity disorder (ADHD) and was prescribed the medication Adderall to be taken…
Lawyers for disgraced FTX founder Sam Bankman-Fried (SBF) are moving to expand the scope of their questioning for the prosecution’s next round of witnesses after a bruising two weeks of testimony by members of the mogul’s inner circle. SBF’s lawyers raised concerns with what they said were restrictions on their available lines of questioning with government witnesses that they say…
Lawyers for the FTX founder have asked if he can take long-release ADHD medication as he’s been unable to properly concentrate during his trial. Source: https://cointelegraph.com/public/index.php/news/sam-bankman-fried-requests-adderall-ftx-founder-fraud-trial
FTX co-founder Sam Bankman-Fried has asked a United States judge for long-release Adderall, saying he’s finding it hard to concentrate properly during his criminal trial. In an Oct. 15 letter to New York District Judge Lewis Kaplan, Bankman-Fried’s lawyers asked if Bankman-Fried could take a “12-hour extended-release 20mg dose of Adderall” before he’s transported to trial on Oct. 16. SBF’s…
Solana can’t seem to emerge fully from the shadow of its most notorious backer, Sam Bankman-Fried, especially as its name keeps coming up during his ongoing criminal trial. Now, the foundation behind the decentralized network is launching a bug bounty amid unconfirmed rumors that the ex-FTX chief had the ability to disable it. Last week in court, former Alameda Research…
The Singapore entity for Upbit, South Korea’s largest exchange by volume, has been given in-principal approval for a Major Payment Institution (MPI) license in Singapore. On Oct. 16, Upbit Singapore said the Monetary Authority of Singapore (MAS) gave the in-principle license nod, allowing it to continue with digital payment token services to institutional investors while awaiting its full license. Upbit…
A steep collapse in the price of nonfungible tokens (NFTs) shouldn’t be seen as a sign of distress but rather a signal the technology is maturing, according to Web3 executives. “I wouldn’t say the NFT market has regressed,“ Decentraland Foundation executive director Yemel Jardi told Cointelegraph. “Rather, it’s maturing.” Jardi’s comments come after a September report from dappGambl that analyzed…
The Australian federal government may soon require cryptocurrency exchanges to hold a financial services license issued by the local financial regulator, the Australian Securities and Investment Commission (ASIC). In the newly-unveiled “Regulating digital asset platforms” consultation paper, released on Oct. 16, the Australian Treasury said that the new regulatory framework aims to address consumer harms while still supporting innovation in…
