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Думки

Will SBF’s ‘Blame-the-Lawyers’ Strategy Work?

Lawyers tell CoinDesk the tactic could be effective for FTX founder Sam Bankman-Fried’s defense, but it comes with risks.

FTX founder Sam Bankman-Fried in March of 2023. He could be returning to jail early if a court decides he has violated conditions of his bail. (Michael M. Santiago/Getty Images)

Фінанси

DeFi Shrinks to Multiyear Low as the Crypto-Fueled Future of Finance Falters

The total value locked in DeFi protocols has slumped to the lowest level since February 2021 even as ETH, which underpins the market, has soared this year.

DeFi total value locked, or TVL, has dwindled (DefiLlama)

Політика

FTX Founder Sam Bankman-Fried Intends to Blame Fenwick & West Lawyers in His Defense

Sam Bankman-Fried appeared in court Tuesday to plead not guilty to latest indictment.

Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)

Фінанси

FBI Says North Korean Hackers May Try to Sell $40M of Bitcoin

The FBI released six wallets linked to North Korean hackers Lazarus Group and APT38.

FBI tracks $40 million of North Korea-linked bitcoin. (David Trinks/Unsplash)

Web3

What Happens to Football NFTs Now That Panini Lost Its License?

Don’t worry, your NFTs aren’t going to be lost to the ether anytime soon.

NFL All Day (Unsplash)

Думки

Binance Needs to Get Off Twitter

Until the world's largest crypto exchange gets better at corporate communications, it’s just FUDing itself.

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Політика

Sam Bankman-Fried Pleads Not Guilty to Latest Indictment

Bankman-Fried's attorney later deplored Bankman-Fried's lack of vegan options in prison, saying he was "subsisting on a diet of bread and water" during the hearing.

Sam Bankman-Fried outside a courthouse in July 2023. (Nikhilesh De/CoinDesk)

Політика

Sam Bankman-Fried Due Back in Court as He Asks for Daily Releases

The FTX founder will be arraigned on Tuesday. Last week, his attorneys asked that he be allowed to review defense filings at a federal prosecutor’s office every weekday.

Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)

Технології

Social Platform Friend.tech Gains 100K Users in Days Even in Depths of a Bear Market

The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch.

(John Noonan/Unsplash)

Політика

FTX Debtors Revise Settlement Proposal After Objection From U.S. Trustee

The latest proposal will see the debtors include the U.S. Trustee as a noticed party and reduce the maximum settled value for claims from the earlier $10 million to $7 million.

FTX founder Sam Bankman-Fried (Nikhilesh De/CoinDesk)