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The Latest Breaking News from CoinDesk

Dow Jones Slides 300 Points Ahead Of Today's Fed Minutes; Coinbase, Nvidia, Tesla Sell Off

The Dow Jones dived 300 points ahead of today's Fed minutes. Stock market leaders Coinbase, Nvidia and Tesla stock sold off.

Investors Business Daily

Hundreds of namesake crypto tokens pop up after Elon Musk announced AI chatbot Grok

The tokens have a market cap of more than $10 million.

Fortune

Money Mules Charged With Moving $307M In Tether, Converting Sum To Renminbi: Report

A Chinese court near Chongqing sentenced 21 people for online fraud, CoinDesk reported

Zenger

From analysis to the latest developments in health,
read the most diverse news in one place.

Bitcoin Trading Volume Surges 36% To $17.6 Billion In 24 Hours

Bitcoin's market cap also expands 2.5% as prices rise and ETF optimism grows

Zenger

What is FTX founder Sam Bankman-Fried’s trial about?

Bankman-Fried, who had his bail revoked in August, faces multiple charges of money laundering and fraud.

Al Jazeera

A timeline of Sam Bankman-Fried, who could go down as one of history’s most notorious fraudsters

Sam Bankman-Fried, 31, is facing fraud and conspiracy charges linked to FTX, which was once valued at $32 billion.

Fortune

Investors Eye CoinDesk Purchase Amid Crypto Winter

DCG's sale of CoinDesk could signal optimism for future crypto market recovery

Zenger

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Lessons from the rise and fall of Sam Bankman-Fried and FTX

Former cryptocurrency king Sam Bankman-Fried has grown quieter as he approaches his federal fraud and conspiracy trial this fall.

The Philadelphia Inquirer

SEC likely to change its tune on spot Bitcoin ETF, according to Bernstein

The regulator has received applications to create a spot Bitcoin ETF from several TradFi players including Fidelity and BlackRock.

Fortune

11 investigations that have moved the private markets since 2021

A sampling of the stories that have kept technology companies and investors honest over the years—or led to corporate collapse and federal indictments.

Fortune

Binance seeking to 'demonstrate that we are a new organization' as regulatory headwinds swirl

The largest crypto exchange appears to be planning for CZ's successor.

Fortune

Is Biden Replacing Bad Border Policy With Worse Border Policy?

Plus: Schools suing social media companies, a bitcoin mining tax is a bad idea, and more...

Reason

Mastercard Stock, IBD Stock Of The Day, Makes Bullish Move In Buy Zone

Mastercard, Stock Of The Day, made a bullish move Friday within a buy zone. The credit card giant is benefiting from strong cross-border payments.

Investors Business Daily

Consensus 2023 offered a subdued but thoughtful vibe

Consensus was less manic than in previous years, making it easier to hear the important ideas.

Fortune

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Creative Bloq

NFTs aren't dead, and Amazon's new digital art gallery could prove it

Will a new NFT marketplace launch next month?

Fortune

Genesis, DCG reach initial deal with main creditors

The creditors who came to terms with the lending arm of Genesis and DCG are owed approximately $2.4 billion out of the total $3.4 billion the company reportedly owes.

Fortune

FTX owes money to Apple, Google, Netflix, Yahoo, and Gisele Bündchen’s charity

On Wednesday, a federal judge released a comprehensive list of FTX’s creditors, excluding the names of individuals.

Fortune

The crypto lender Gemini just filed for bankruptcy. Here are the biggest creditors

The company owes $3.4 billion to top firms including Genesis and ByBit's venture arm.

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Fortune

Anyone want to buy a crypto media company?

Coindesk is on the block. Their best hope for a buyer is a benevolent crypto baron.

The Street

FTX, Crypto Collapse Costs Taylor Swift a Huge Payday

Sam Bankman-Fried's ambition for celebrity endorsements might have snared the "Anti-Hero" singer, but she proved to be smarter than a lot of other famous people.

The Street

Timeline of Cryptocurrency Exchange FTX's Epic Collapse

The FTX cryptocurrency exchange was valued at $32 billion in February. It imploded within days, causing one of the biggest financial fiascos of the decade.

Fortune

How FTX's own token was the final nail in its coffin

“In the current crypto atmosphere, investors are right to ask questions of exchanges that have tokens, because they don't know what the exchange is doing behind the scenes,” Bitwise CIO Matt Hougan told Fortune.

Pedestrian.tv

Allow Me, A Bimbo Who Can’t Count, To Explain How A Crypto Dweeb Lost $24 Billion In Days

Because tea from the crypto world isn't just for nerds.

Bangkok Post

Huge sums missing from collapsed crypto exchange

The collapsed crypto exchange FTX said on Saturday that it was moving funds into offline storage following a series of “unauthorised transactions”, with analysts saying millions of dollars worth of assets had been withdrawn from the platform.

The Guardian - UK

How Binance played a key role as FTX collapse unfolded

Cryptocurrency exchange run by Changpeng Zhao pulled out of deal to rescue its rival

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