If your defense is “I didn’t know what was happening,” don’t dress like a competent person. Source: https://www.coindesk.com/consensus-magazine/2023/10/04/sam-bankman-fried-shouldnt-have-cut-his-hair/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Erik Anderson of Global X explains how volatility – something many investors are scared of – can be a very good thing in crypto. Source: https://www.coindesk.com/markets/2023/10/04/volatility-and-risk-get-a-bad-rap-in-investment-portfolios-particularly-when-it-comes-to-digital-assets-heres-why-they-shouldnt/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The lead investor in the fund was B1, which committed $50 million, alongside Richard Li’s Pacific Century Group, Tyler and Cameron Winklevoss’ firm and Animoca Brands founder Yat Siu. …

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

Sam Bankman-Fried had a grin on his face as he entered court on Tuesday morning – clad in a black suit and an uncharacteristically tame (read: closely trimmed) mop …

At its peak in April 2022, Yield Protocol had over $22 million in total value locked, but this figure has since dwindled to around $2 million. Source: https://www.coindesk.com/business/2023/10/04/defi-project-yield-protocol-to-wind-down-by-years-end/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The tides finally changed after Gary Wang and Nishad Singh (both FTX directors who have since pled guilty to fraud in the ongoing trial) joined the firm. Source: https://www.coindesk.com/markets/2023/10/04/sam-bankman-fried-lost-half-a-million-dollars-everyday-after-alameda-launched-michael-lewis-claims/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Luno, Bybit and PayPal have recently withdrawn certain services from the U.K. – just ahead of tough new promotions rules for crypto firms coming into effect. Source: https://www.coindesk.com/policy/2023/10/04/why-some-crypto-firms-are-suspending-services-in-the-uk/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ripple’s Singapore arm has secured a license as a major payments institution from the Monetary Authority of Singapore, the company said, allowing it to keep providing digital payment token …

Source: https://www.coindesk.com/policy/2023/10/03/secs-motion-to-appeal-loss-in-ripple-case-is-denied/?utm_medium=referral&utm_source=rss&utm_campaign=headlines