SBF Trial – Forensic accountant reveals almost 70% of Alameda’s loans were serviced with FTX customer funds
SBF Trial – Forensic accountant reveals almost 70% of Alameda’s loans were serviced with FTX customer fundsThe 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). Top NewsSBF Trial – Forensic accountant reveals almost 70% of Alameda’s loans were serviced with FTX customer fundsThe 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. Checkin.com: Innovating fast and secure KYC for Crypto & Web3Ad: As regulations tighten their grip, KYC becomes a must-have for crypto platforms. But how can crypto and Web3 products streamline the onboarding to make the KYC process easy instead of a hassle? Checkin.com is stepping up, offering a solution that's both comprehensive and intuitive. Their platform merges IDV, document scanning, anti-fraud measures, and data collection, catering to 165+ markets. The results? High conversions and an easy user experience across devices without compromising on security. What sets Checkin.com apart is its hands-on approach. Right now, crypto and web3 products can submit their current site for analysis and receive an interactive demo of a tailored KYC process in their own branding and requirements. The insights used to remodel this experience are derived from a large collection of data points, ensuring each adaptation is precise. Gensler takes questions on spot Bitcoin ETFs, but keeps cards close to chestThe 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 AITesla 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 LisbonStartup pitch competition to win $15,000 grant. Web3 speakers present current business plans amid new global economics. Latest Insights
The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for NewcomersAd: Five years ago, a visionary group of traditional finance experts and innovators embarked on a journey to reshape the digital landscape. Inspired by Nakamoto Satoshi’s vision of a more equitable financial system, Bitget emerged as a beacon of innovation. Deposit $100 with a 0% fee and receive a $100 bonus for newcomers! More NewsBlackRock spot bitcoin ETF approval could catapult BTC to $56,000 – MatrixportA 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 volumeIn 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 2015Israeli 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 carsNvidia 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 prospectsGrayscale has worked for years to gain SEC approval for a U.S. spot Bitcoin ETF. It may finally be on the cusp of victory. |
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SEC will not appeal Grayscale decision, bringing spot Bitcoin ETFs closer to reality
Thursday, October 19, 2023
The SEC's decision not to challenge an August ruling means that it will be required to revisit Grayscale's application.
What are ETFs and why do they matter?
Thursday, October 19, 2023
CryptoSlate's latest market report dives deep into the concept of ETFs to show why they're so important for the crypto market.
Contradictory news of potential greenlit BlackRock Bitcoin ETF shoots BTC to $30k and back
Thursday, October 19, 2023
Unverified rumors of BlackRock's Bitcoin ETF approval generate market volatility while SEC postpones final verdict.
Cathie Wood says ‘hopes are rising’ for spot Bitcoin ETF; Larry Fink addresses role of crypto in restless markets
Thursday, October 19, 2023
The CEOs of ARK Invest and BlackRock shared their insights on the current state of Bitcoin ETF applications and current market dynamics.
Evidence shows Bankman-Fried and associates gave $230M to friends, family, politicians, PACs, and special interests
Thursday, October 19, 2023
A spreadsheet detailing the recipients of gifts and donations from SBF and his associates was presented at trial today.
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