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The Latest Breaking News from Crypto

Cryptocurrencies Tumble As US 10-year Yield Hits 16-year High

Surge in interest rates sparks market value erosion, Bitcoin analysts predict rebound

Zenger

Sam Bankman-Fried got a haircut, and everything else we learned on the first day of the FTX founder’s trial

A haircut, a commodities trader, and "discussions" of a plea deal that never materialized for the former FTX CEO.

Fortune

RIOT’s Uptober Mirage: Beneath the Crypto Surge, Risks Lurk for Unwary Investors

With Uptober fever driving up cryptos, the enthusiasm naturally lifted blockchain miners like Riot Platforms. Still, investors must be aware of the raging debate over RIOT stock.

Barchart

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Gambling and crypto lobbyists pay £3k to sit alongside Tory ministers

Amazon and TikTok representatives also among those attending ‘policy’ discussions at party conference

The Guardian - UK

Trial of former cryptocurrency star Sam Bankman-Fried to start in Manhattan

Prosecutors allege entrepreneur embezzled customers to buy luxury properties

Evening Standard

Jake Chervinsky—’the Jimi Hendrix of crypto law’—is joining Variant from the Blockchain Association

"There's no way to succeed globally if you can't use the U.S. market," said Chervinsky, who spent nearly two years at the Blockchain Association.

Fortune

Sam Bankman-Fried’s trial starts today. Here’s everything you need to know

The disgraced founder faces seven criminal charges related to the collapse of the crypto exchange FTX.

Fortune

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FTX founder Sam Bankman-Fried's trial is about to start. Here's what you need to know

Sam Bankman-Fried faces seven criminal charges, including for defrauding investors. His blockbuster trial is set to begin on Tuesday, and he could face an over 100-year prison term if convicted.

WEKU

Sam Bankman-Fried trial: what is he accused of and does he face prison time?

The key facts in the case against the former cryptocurrency whiz over fraud, political donations and the collapse of FTX

The Guardian - US

Sam Bankman-Fried arrives in Manhattan court as fraud trial kicks off

FTX founder shed his signature T-shirt and shorts look to don a suit with freshly cut hair as day one of fraud trial commencedExplained: what to know about Sam Bankman-Fried trial

The Guardian - US

Ethereum’s Potential To Surpass Bitcoin In Performance, Says Crypto Analyst

Ethereum Poised to Outshine Bitcoin in Long-Term Performance, Crypto Analyst Suggests

Zenger

Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-Fried

Sam Bankman-Fried once promoted his FTX digital coin exchange as a safe way for regular people to get into cryptocurrency

The Independent UK

The insider: how Michael Lewis got a backstage pass for the fall of Sam Bankman-Fried

The long read: As author of The Big Short and Moneyball, Michael Lewis is perhaps the most celebrated chronicler of his generation. Now he delivers an astonishing portrait of the fallen crypto billionaire. But did he get too close?

The Guardian - UK

Sam Bankman-Fried on trial: Fallen crypto king faces 110 years in prison for alleged FTX fraud

SBF will have to convince a jury that he was ‘just a kid moving too fast in a young industry’ and had no intent to defraud investors in the FTX crypto exchange, a legal expert tells Bevan Hurley ahead of fraud trial in Manhattan

The Independent UK

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Zenger

Cryptocurrencies Surge As $100 Million Liquidated, Uptober Begins

Bitcoin's unexpected price surge and potential ETF approval drive major cryptocurrencies to bullish gains.

Zenger

Cryptocurrencies Plummet As Binance And Zhao Seek Dismissal Of SEC Lawsuit

Market decline follows motion to dismiss allegations of securities violations by Binance and its CEO

Zenger

Google Cloud Joins Polygon As Validator In Crypto Expansion

Google's involvement in Polygon's PoS network signals a push into the crypto space.

Al Jazeera

What is FTX founder Sam Bankman-Fried’s trial about?

Bankman-Fried, who had his bail revoked in August, faces multiple charges of money laundering and fraud.

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news in one place.

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Fortune

Anna Wintour’s people told Bankman-Fried he would ‘never step foot in fashion’ after he blew off the Met Gala

The "Vogue" editor isn’t the only person the former CEO of FTX blew off during his reign as crypto wunderkind, according to an excerpt of Michael Lewis’s new book.

Zenger

Invesco Galaxy Digital Files For Spot Ether ETF Amidst Delay In Bitcoin ETF Decision

Futures-based Ether ETFs set to launch soon as Invesco joins the race, while SEC extends decision on Bitcoin ETFs.

The Independent UK

Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook

For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J

WEKU

It's not just FTX's Sam Bankman-Fried. His parents also face legal trouble

FTX's lawyers allege Sam Bankman-Fried's mom and dad helped shape their son's crypto empire and received millions of dollars worth of gifts and benefits from the now-bankrupt company.

The Independent UK

Chase crypto ban unlikely to be copied by UK rival banks, lawyer says

The outright ban by JP Morgan’s consumer bank Chase was a ‘brave call’ unlikely to be echoed by high street banks.

The Guardian - US

‘Dark’ donations, free love and the fall: the Sam Bankman-Fried trial is here

The FTX founder’s day in court comes on Tuesday. Where did it all go wrong – and what can we expect in the high-profile trial?

Zenger

Binance Seeks New Banking Partner As Paysafe Support Ends

Crypto exchange notifies users to convert EUR balances to Tether amid Paysafe chaos.

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