It could take six weeks for prosecutors to make their case against Sam Bankman-Fried. But only three days were needed for the judge overseeing his trial to lose patience …

The increase in staking has reduced the appeal of ether from a yield perspective, the report said. Source: https://www.coindesk.com/tech/2023/10/06/ethereum-has-become-more-centralized-since-the-merge-and-shanghai-upgrades-jpmorgan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A THORSwap developer said the team “stands firmly against any and all criminal actions” in a message to CoinDesk. Source: https://www.coindesk.com/tech/2023/10/06/thorswap-pauses-platform-after-series-of-ftx-hack-linked-trades/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Token project treasuries, foundations and grant programs are a necessary lifeline during the bear market. But this funding could be more fairly disbursed, Lunar Strategy’s Tim Haldorsson writes. Source: …

The target audience is restaurant users, but the blockchain-based project comes with its own “Flypaper” and fungible FLY tokens. Source: https://www.coindesk.com/tech/2023/10/05/blackbird-crypto-restaurant-app-raises-24m-in-funding-led-by-a16z/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Investment research firm ByteTree upgraded bitcoin’s price outlook to “bull” from “neutral” as the crypto benefits as a “safe haven” amid an equity and bond sell-off. Source: https://www.coindesk.com/markets/2023/10/05/bitcoin-enters-quiet-bull-market-as-safe-haven-from-bond-market-turmoil-analyst-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Michael Lewis is getting slammed for a relatively sympathetic portrayal of SBF. The larger question is: Why did so many people fall under Sam’s spell? Source: https://www.coindesk.com/consensus-magazine/2023/10/05/michael-lewis-was-charmed-by-sam-bankman-fried-but-so-was-everyone-else/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sometimes, being tax-compliant pays off. Source: https://www.coindesk.com/business/2023/10/05/taiwanese-crypto-traders-6-cent-fee-leads-to-310k-win-in-tax-receipt-lottery/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The process works by Blockticity printing a QR code on a product and the QR code then links to a Certificate of Analysis minted as an Avalanche NFT. Source: …

The Basel Committee on Banking Supervision previously recommended swingeing capital constraints on holdings of unbacked cryptocurrency Source: https://www.coindesk.com/policy/2023/10/05/embargo-banks-must-disclose-crypto-holdings-as-regulators-rake-over-signature-collapse/?utm_medium=referral&utm_source=rss&utm_campaign=headlines