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.
Happy Thursday!
The global crypto market cap is $1.09 trillion, with a 24-hour volume of $40.77 billion. The price of Bitcoin is $28,709.38, and BTC market dominance is 51.3%. The price of Ethereum is $1,566.57, and ETH market dominance is 17.3%. The best-performing sector is Yield Farming, which gained 6%. The Crypto Fear & Greed Index is currently Neutral (52).
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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.
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Gensler takes questions on spot Bitcoin ETFs, but keeps cards close to chest
The SEC chair declined to comment on specifics but acknowledged the many applications working their ways through the system.
Tesla maintains Bitcoin holdings while directing resources toward AI
Tesla published its Q3 shareholder deck on Oct. 18, revealing its Bitcoin holdings to be intact while highlighting AI as a company priority.
Ad: Blockchain work innovator HUMAN Protocol launches Web3 event – Newconomics – alongside Web Summit in Lisbon
Startup pitch competition to win $15,000 grant. Web3 speakers present current business plans amid new global economics.
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BlackRock spot bitcoin ETF approval could catapult BTC to $56,000 – Matrixport
A more conservative estimate by Matrixport projects that the top cryptocurrency's value could rise to $42,000.
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.
U.S. Treasury sanctions Gaza-based crypto broker alleged to have facilitated $25 million in crypto transactions since 2015
Israeli authorities had seized wallets associated with the broker as early has 2021.
NVIDIA steps up self-driving with Foxconn partnership to put NVIDIA DRIVE in cars
Nvidia and Foxconn ramp up efforts to shape the future of smart, self-driving electric vehicles.
What Grayscale’s S-3 registration means for its spot Bitcoin ETF prospects
Grayscale has worked for years to gain SEC approval for a U.S. spot Bitcoin ETF. It may finally be on the cusp of victory.