Crypto
AI
Google grants limited access to its Gemini AI product to select institutions
Select companies can now use Google's latest large language models (LLMs).
Legal
Sam Bankman-Fried blames friends, colleagues, and lawyers in unreleased document cache
The New York Times has obtained some 250 pages of documents Bankman-Fried wrote during his house arrest, which provide a glimpse into the former billionaire's mindset during his pre-trial period.
Regulation
Bybit denies earlier reports that the exchange will exit UK
CEO Ben Zhou contradicted previous reports, saying that "leaving the U.K. is not part of our current strategy."
Exchanges
Two more Binance.US executives leave the company as mass exodus continues
The company's head of legal and chief risk officer have resigned, the latest in a wave of resignations from Binance and its affiliated firms.
Bankruptcy
Genesis to halt all trading services by Sept. 21
A spokesperson said the company was winding down trading 'voluntarily and for business reasons.'
ETF
Nasdaq executive says BlackRock’s first Bitcoin ETF rejection was ‘purely procedural,’ not final
The SEC called filings related to various ETFs inadequate in June.
Exchanges
Paxos claims responsibility for $500K transaction fee error
Earlier reports suggested that PayPal may have owned the wallet associated with the overpayment, but a spokesperson confirmed Paxos to be behind the transaction.
Bankruptcy
Bankruptcy court grants FTX permission to liquidate certain crypto assets
The company has been granted the opportunity to begin selling certain assets, but only through an intermediary investment manager and with weekly caps on sales.
AI
Elizabeth Warren criticizes upcoming closed-door AI summit between senators, tech leaders
The Massachusetts senator criticized upcoming closed-door meetings between tech leaders and legislators, calling the idea of private meetings between Congress and billionaires "just plain wrong."
Crime
OneCoin co-founder Karl Sebastian Greenwood receives 20-year prison sentence
Greenwood will also be forced to forfeit $300 million of personal funds.
Hacks
CoinEx suffers security breach with more than $27M thought to be compromised
The company's ETH, TRX, MATIC, and XRP addresses have been affected.
Lending
Stablecoin holders can earn 8.5% annually on USDC, USDT via Ledn Growth Accounts
Ledn aims to address its competitors' failures through transparency and safeguarding.