Tether reports a “record” $5.2B net profit in H1 2024, net operating profit of $1.3B in Q2, and $97.6B US debt holdings, more than Germany and other countries
Krisztian Sandor / CoinDesk :
dYdX says v3, an older version of its DeFi crypto exchange that is reportedly for sale and averages ~$1.5B/week in derivatives trading, “has been compromised”
A US judge sentences former FTX executive Ryan Salame to 7.5 years after he pled guilty to criminal charges over political contributions and more in 2023
But He Can Keep His Porsche X: Ryan Salame / @rsalame7926 : @eigenfxn ... I didn't steal shit, the government and all the cooperating witnesses said I didn't. Ryan Salame / @rsalam...
The US DOJ indicts two brothers for allegedly stealing $25M in crypto via an exploit of the MEV-Boost software used by some Ethereum validators
The alleged 12-second attack related to the controversial practice known as MEV, or maximal extractable value. — 10 Years of Decentralizing the Future
Bitcoin's fourth halving is now complete, lowering miners' block subsidy rewards from 6.25 BTC to 3.125 BTC; the third halving was in May 2020
Done and dusted! André Beganski / Decrypt : Bitcoin Completes Fourth Halving, Ushering In New Era for BTC Gino Matos / Crypto Briefing : Runes could solve Bitcoin's long-term secur...
Blockchain game Munchables, which offers rewards for looking after digital creatures, loses ~$63M in ETH in a hack; the hacker seems to have returned the funds
Blockchain game Munchables, which offers rewards for looking after digital creatures, loses ~$63M in ETH in a hack; the hacker seems to have returned the funds
- Blockchain-based Munchables game confirmed a security incident — Munchables declared all user funds safe later the same day
Coinbase says all services on its website have been restored after a “display issue” on February 28 caused some users to see a zero balance in their account
Coinbase Global (COIN.O) said on Wednesday that all services on its website have been restored after an issue earlier …
Etherscan, the leading block explorer for Ethereum that was founded in 2015, acquires Solscan, a block explorer for Solana founded in 2021
Macauley Peterson / Blockworks :
OpenAI CEO Sam Altman departs the company and leaves its board after a board review found he wasn't “consistently candid in his communications with the board”
The board of directors of OpenAI, Inc, the 501(c)(3) that acts as the overall governing body for all OpenAI activities …
A jury finds Sam Bankman-Fried guilty on all seven counts of fraud and money laundering in the FTX trial; the judge sets SBF's sentencing for March 28, 2024
and what comes next Qadir AK / Coinpedia Fintech News : DOJ Cracks Down: Binance and Tether Face Terrorism Financing Charges PC Gamer : ‘The king of crypto’ found guilty of fraud, ...
A jury finds Sam Bankman-Fried guilty on all seven counts of fraud and conspiracy in the FTX trial; the judge sets SBF's sentencing for March 28, 2024
Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, has been found guilty …
Source: Robinhood, whose entry into crypto was powered by Jump Trading, parted ways with the firm in early July; Jump has reportedly pulled back from the US
Danny Nelson / CoinDesk :
A look at friend.tech, a decentralized social app built on Base that has driven 4,400 ETH in trading volume since launching its invite-only beta on Thursday
Cam Thompson / CoinDesk :
X begins making ad revenue payouts to smaller creators, after releasing payments to thousands of select accounts; how payouts are calculated remains unclear
‘$8 to make $370 is a fantastic ROI for something I do anyway,’ one creator tweeted. … X is finally paying smaller creators …
Crypto exchange EDX Markets, backed by Citadel, Fidelity, and Charles Schwab, quietly began executing trades via its “noncustodial” service in recent weeks
EDX Markets won't directly handle customers' digital assets or directly serve individual investors
Crypto exchange EDX Markets, backed by Citadel, Fidelity, and Charles Schwab, quietly began executing trades via its “noncustodial” service in recent weeks
EDX Markets won't directly handle customers' digital assets or directly serve individual investors
SDNY releases documents in which an ex-SEC director suggested ether and bitcoin were not securities in 2018, which crypto advocates say undermines the SEC
- Certain documents related to former SEC director William Hinman have been released in the SEC's lawsuit against Ripple Labs.
Court filings: Binance's lawyers allege SEC Chair Gary Gensler offered to be an advisor to the company in March 2019 when he was teaching at MIT Sloan
- According to a new filing from Binance's lawyers, SEC Chair Gary Gensler offered to be an advisor to the crypto exchange in 2019.
A look at the similarities and differences between the SEC's lawsuits against Coinbase and Binance, as the SEC views every crypto exchange in the US as illegal
SEC v. Crypto — “A decent rule of thumb,” I wrote in March, “is that all cryptocurrency exchanges are doing crimes …