Crypto
ETF
Valkyrie files for Ethereum futures ETF
Valkyrie previously tried to combine its Bitcoin futures ETF with Ethereum futures in an Aug. 4 filing.
Regulation
PayPal to pause UK crypto purchases starting in October
The company will resume the service in early 2024.
Legal
Trove of evidence against Sam Bankman-Fried includes Caroline Ellison-authored document, ‘Things Sam is Freaking Out About’
Government prosecutors said they intend to include Caroline Ellison's writings and statements alongside a slew of other evidence against Sam Bankman-Fried.
Regulation
Coinbase launches Stand with Crypto Alliance, reports 52k ‘advocate’ signups on first day
Coinbase's move comes amid larger regulatory concerns in the United States.
Crime
Sam Bankman-Fried accused of fraudulent campaign donations exceeding $100M
Prosecutors filed a superseding indictment against ex-FTX CEO Sam Bankman-Fried that reasserts charges of campaign finance violations.
Crime
Sam Bankman-Fried detained at notorious New York correctional facility
The Metropolitan Detention Center, which has held several high-security inmates within its walls and is renowned for its poor conditions, will be Mr. Bankman-Fried's home until his trial in October.
Crime
Sam Bankman-Fried arrested as bail is revoked
SBF's decision to speak to reporters ultimately led to his pre-trial imprisonment.
Legal
Gemini’s Cameron Winklevoss slams DCG for denying involvement in failed Earn program
Winklevoss says that DCG's denials are in fact a "direct admission" of involvement.
DeFi
Binance Labs invests $5M in Curve DAO Token following $60M July hack
The company also said it will help Curve Finance deploy on BNB Chain.
Regulation
SEC settles with Bittrex and its ex-CEO for $24M following ‘scrubbing’ charges
The crypto exchange also faced broader charges around securities violations.
Stablecoins
Circle says competition from PayPal and others is ‘great to have’, reports $1B in cash
Circle's CEO believes stablecoins will spread even as regulations quash some attempts.
CBDCs
Russian central bank to launch digital ruble pilot Aug. 15
Russia's foray into digital fiat currency adoption will involve 13 banks and 30 companies.