The move continues a trend of Thailand’s major traditional financial institutions moving into crypto. Source: https://www.coindesk.com/business/2023/10/30/thailands-kasikorn-bank-buys-majority-stake-in-satang-crypto-exchange-for-103m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/business/2023/10/27/sam-bankman-fried-rebuffed-barry-silberts-and-celsius-requests-for-help-ex-ftx-ceo-testifies-at-his-trial/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

“I believed the funds came from Alameda’s operating profits” as well as third-party lenders, he testified Friday at his fraud and conspiracy trial. Source: https://www.coindesk.com/markets/2023/10/27/sam-bankman-fried-started-buying-solanas-sol-at-20-cents-using-alameda-profits-he-says-at-his-trial/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin’s advance this week coupled with gains across all digital asset sectors, highlighting the breadth of the crypto rally. Source: https://www.coindesk.com/markets/2023/10/27/bitcoins-14-weekly-gain-signals-end-of-an-era-as-big-tech-dumps-analyst-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Cryptocurrency exchange Gemini has sued lending firm Genesis Global over 60 million GBTC shares that were pledged as collateral for Gemini’s Earn users. Source: https://www.coindesk.com/business/2023/10/27/gemini-sues-bankrupt-lender-genesis-its-former-partner-over-16b-worth-of-gbtc/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Changpeng Zhao’s wealth dropped to $17.2 billion from a previous estimate of $29.1 billion. Source: https://www.coindesk.com/business/2023/10/27/binance-founder-czs-wealth-falls-about-12b-as-trading-revenue-slumps-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

And why is it causing so much controversy in court? Source: https://www.coindesk.com/consensus-magazine/2023/10/27/whats-the-deal-with-sam-bankman-frieds-advice-of-counsel-defense/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sam Bankman-Fried is set to take the stand in his criminal fraud trial, where he’ll share his story about the fall of FTX before a jury. Source: https://www.coindesk.com/policy/2023/10/27/sam-bankman-fried-testifies-jury-fraud-trial-ftx/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Many of the respondents outlined concerns around privacy, programmability and the decline of cash, Jon Cunliffe, deputy governor of the Bank of England said. Source: https://www.coindesk.com/policy/2023/10/27/digital-pound-consultation-received-over-50000-responses-with-privacy-a-major-concern/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin-based products have increased their market share to 73.3% from 70.5% amid optimism over the possible approval of a spot-price exchange-traded fund. Source: https://www.coindesk.com/business/2023/10/27/crypto-assets-under-management-jump-to-317b-sol-based-products-rise-74-ccdata/?utm_medium=referral&utm_source=rss&utm_campaign=headlines