Government Lawyers Defend Nishad Singh Saying He Provided ‘Substantial Assistance’ in FTX Investigation
Prosecutors in the case against former FTX executive Nishad Singh have asked the sentencing judge to take into account the “substantial assistance” and “exemplary cooperation” Singh provided to the government in its investigations into FTX when considering his sentence.
First Mover Americas: BTC Rebounds to $67K After Subdued U.S. Economic Data Reading
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Kraken Picks Optimism for New Layer-2 Network, Joining Coinbase’s Base on ‘Superchain’
The disclosure comes nearly a year after CoinDesk broke the news that Kraken was considering its own layer-2 network, following the runaway success enjoyed by Base after it launched in mid-2023.
CoinDesk 20 Performance Update: UNI Gains 6.3% as Nearly All Index Constituents Trade Higher
Bitcoin Cash was also among the top performers, gaining 2.9% since Wednesday.
Bitcoin Project BOB Maps Out How the Original Blockchain Could Take Over DeFi
“If Bitcoin breaks, then so does our industry as a whole, so we might as well use Bitcoin security for cross-chain DeFi,” BOB co-founder Alexei Zamyatin, told CoinDesk.
Chainlink Expands to Bitcoin, Helping Original Blockchain With Its Layer-2 Shift
Chainlink’s service is an integral part of many major blockchains but has not featured on Bitcoin until now.
Why Web3 VCs Are Embracing Crypto+AI
Coinbase Ventures is shifting focus away from pure-play crypto investments.
Crypto for Advisors: Bitcoin on The Balance Sheet
Historically, only crypto-native companies held bitcoin on their balance sheets. However, a significant structural shift has occurred over the past four years. Public and private companies are now embracing bitcoin, motivated by economic, geopolitical, and regulatory factors.
Binance’s Tigran Gambaryan Has Left Nigeria Following 8-Month Detention
After spending eight months detained in the country, the Binance enployee was allowed to leave Kuje prison last night.
As ‘Sentient Memecoins’ Become Latest Crypto Fad, GOAT Surges to $800M and an AI Rambles
Some claim a new wave of big-money tokens are backed by sentient AI bots. But that’s not the reality.