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FTX founder Sam Bankman-Fried sent to jail to await trial after judge says he tampered with witnesses
FTX founder Sam Bankman-Fried sent to jail to await trial after judge says he tampered with witnesses

U.S. District Judge Lewis A. Kaplan ordered Bankman-Fried's bail revoked after prosecutors said he'd tried to harass a key witness in his fraud case last month.

SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments
SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments

ARK Investment Management founder and CEO Cathie Wood predicted on Aug. 7 the SEC would delay its decision on the firm’s spot BTC ETF application.

Visa Eyes Mass Adoption of Crypto by Testing On-Chain Gas Fee Payment Through Fiat
Visa Eyes Mass Adoption of Crypto by Testing On-Chain Gas Fee Payment Through Fiat

Visa says managing ether (ETH) balance to cover gas fees is “burdensome” and too complex, according to a blog post.

Sam Bankman-Fried Could Go Back to Jail Thanks to His Big Fat Mouth
Sam Bankman-Fried Could Go Back to Jail Thanks to His Big Fat Mouth

The fallen FTX founder didn’t just violate his bail — he violated the trust of his family’s last remaining allies.

Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars
Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars

A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token.

First Mover Americas: A 'Head-and-Shoulders' Case for Altcoins
First Mover Americas: A 'Head-and-Shoulders' Case for Altcoins

The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

PayPal’s Stablecoin Unlikely to See Significant Adoption in the Near Term: Bank of America
PayPal’s Stablecoin Unlikely to See Significant Adoption in the Near Term: Bank of America

Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.

'Altcoin Season' is Coming, Technical Analysis Suggests
'Altcoin Season' is Coming, Technical Analysis Suggests

An inverse head-and-shoulders pattern, one of the most trusted indicators known to presage major price rallies, is building in the altcoin market.

Shiba Inu Bucks Bitcoin Snoozefest Ahead of Shibarium Deployment
Shiba Inu Bucks Bitcoin Snoozefest Ahead of Shibarium Deployment

The tokens were up as much as 5% in the past 24 hours, bucking a market-wide trend.

California commission outlines campaign disclosure requirements for crypto
California commission outlines campaign disclosure requirements for crypto

The California Fair Political Practices Commission has released disclosure requirements for cryptocurrency contributions to political candidates and committees.

Canada to develop repository for storing crypto and NFT seizures
Canada to develop repository for storing crypto and NFT seizures

The Royal Canadian Mounted Police is seeking a digital asset solution to facilitate the seizure and storage of cryptocurrency and nonfungible tokens.

What’s Good For PayPal Is Good For America
What’s Good For PayPal Is Good For America

PayPal’s stablecoin move will, I am sure, be seen in hindsight as a cusp moment and a vote of confidence in the web3 world.

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