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top news
Binance Sells Russian Unit to Day-Old CommEX, Exits Country
Binance is set to fully exit the country with the sale and will have no ongoing revenue split, it said Wednesday.
Sam Bankman-Fried Can Ask DOJ Witnesses About Drug Use
The judge overseeing the FTX founder's case sorted through some pretrial motions on Tuesday.
NFT Brand Pudgy Penguins Debuts Toy Collection in 2,000 Walmart Stores
Each toy provides access to Pudgy World, a multiplayer digital social experience, which could help improve visibility and users of the Pudgy Penguin brand.
IRS Proposed Rule on Digital Asset Broker Reporting Could Kill Crypto in America
The proposal creates unworkable requirements for decentralized finance in the U.S. and serves as an important cautionary tale.
Chase U.K. to Block Crypto Payments Citing Fraud, Scams
Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets via debit card or outgoing bank transfers.
Sam Bankman-Fried Refiles for Temporary Release Ahead of Trial
The FTX founder's requests to be released from jail started in August, when his release on bond was revoked.
World May Not Be Ready for U.S. Interest Rate at 7%, JPMorgan CEO Says
U.S. rates at 7% could push the U.S. economy into a recession, triggering risk aversion in financial markets.
U.S. Shutdown, Assuming It Doesn’t Run Long, Will Slow, Not Cripple Crypto Efforts
Experts suggest that the courts and the SEC will keep rolling if the government is shuttered, but an already sluggish interaction with federal officials may be slowed even further.
FTX Sues Former Employees of Hong Kong Affiliate, Seeks $157 Million
In the run-up to FTX's bankruptcy filing, known as the Preference Period, the defendants received the benefit of withdrawals that constitute preferential transfers, the filing said.
Judge Blocks Sam Bankman-Fried's Proposed Witnesses From Testifying
SBF's defense can try again to put some of the FTX founder's witnesses on the stand, though the U.S. Justice Department may still object, Judge Lewis Kaplan wrote.
