Analysis
Analysis
Morgan Stanley believes crypto winter is over, Bitcoin halving will kick off new bull run
Morgan Stanley said in a report that crypto winter has most likely thawed and expects Bitcoin's next halving will spark a new bull run.
Legal
DeFi Education Fund files amicus brief over financial privacy concerns in IRS case
The DEF argues that the government should not be able to access data related to personal crypto transactions of citizens under the Fourth Amendment.
Exchanges
Coinbase picks Ireland for its EU MiCA hub
Selecting Ireland as its EU MiCA hub allows Coinbase to leverage its existing infrastructure and accelerate growth across all 27 European member countries.
Legal
US Chamber of Digital Commerce files motion to dismiss SEC case against Binance, likens it to suing grocery store
The U.S. lobby group argues that the SEC's regulatory approach has been "opaque and hostile."
Legal
Third week of SBF trial details lavish spending of customer funds on real estate, endorsements, and more
Former head of engineering at FTX Nishad Singh admitted to knowingly spending customer deposits at Bankman-Fried's direction during a week of explosive testimony.
Legal
SBF Trial – FTX general counsel had ‘no idea’ that SBF was misusing customer funds
FTX General Counsel Can Sun began his testimony by stating that he "didn't do anything wrong" and had "no idea" that the exchange and Alameda were misusing customer funds.
Politics
Lawmakers urge Biden administration to crack down on use of crypto by Hamas
In a joint letter sent to top U.S. officials, the lawmakers forcefully called on the Biden administration to take prompt action to confront this looming national security threat.
Crime
Chainalysis says crypto usage for terror financing is ‘tiny fraction’ of overall volume
In the wake of a recent terrorist attack by Hamas in Israel, the report aims to correct misconceptions surrounding the role of digital currencies in funding terrorism.
Legal
SBF Trial – Forensic accountant reveals almost 70% of Alameda’s loans were serviced with FTX customer funds
The main witnesses for the day were Professor Peter Easton, an esteemed accounting expert from the University of Notre Dame, FBI accountant Paige Owens, and a former FTX employee, Eliora Katz.
Legal
SBF Trial – Defense grills Singh over personal spending despite knowing FTX was misusing customer funds
The tenth day of SBF's trial mainly revolved around the cross examination of Nishad Singh, who revealed further details about the infamous software bug that led to the $8 billion discrepancy in Alameda's accounts.
CBDCs
Australian central bank says CBDCs, tokenization have potential to become the future of money
Assistant Governor said that CBDCs in the form of tokenized bank deposits could provide a more secure and dependable means of conducting digital transactions.
Legal
SBF Trial – Nishad Singh kicks off week 3 by confessing to stealing customer funds for straw political donations
Singh's testimony comprised further explosive allegations regarding the FTX's involvement in illegal political donations, and SBF's lavish spending and investments.