Chia Network cut a third of its workforce today as the blockchain platform sought to reestablish a lost banking relationship, the company told CoinDesk, further delaying what Chia had …

Its the largest ether trust in the world with $5B in AUM. Source: https://www.coindesk.com/business/2023/10/02/grayscale-moves-to-convert-its-ethereum-trust-to-a-spot-eth-etf/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

It is officially trial week, everyone – or as Bloomberg’s Joe Weisenthal would likely put it, “this is why we get up in the morning.” It’s been exactly nine …

Michael Lewis revealed management failings at crypto exchange FTX, and a billion-dollar plan to keep Trump out of office in an interview with CBS. Source: https://www.coindesk.com/policy/2023/10/02/bankman-fried-saw-missing-ftx-billions-as-rounding-error-biographer-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Short liquidations on crypto-tracked futures may have contributed to the rise in bitcoin and ether. Source: https://www.coindesk.com/markets/2023/10/02/bitcoin-surges-over-28k-solana-leads-alts-gains-as-crypto-bears-lose-94m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sam Bankman-Fried cannot blame FTX’s lawyers for its collapse or operations in his opening statements, though he can still try and make a so-called “advice-of-counsel” defense later, the federal …

The U.S. Department of Justice said it intends to call FTX customers, investors and cooperating witnesses to testify against Sam Bankman-Fried at trial next week, including a Ukrainian local …

FTX was hacked in November 2022, hours after the global crypto empire declared bankruptcy and its founder Sam Bankman-Fried stepped down from running the company. Source: https://www.coindesk.com/tech/2023/09/30/millions-in-ether-tied-to-ftx-account-drainer-on-the-move/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sam Bankman-Fried’s attorneys objected to some of the U.S. Department of Justice’s proposed voir dire questions in a late Friday filing, saying they may miss potential juror bias or …

Source: https://www.coindesk.com/policy/2023/09/29/blockfi-says-its-taken-major-step-toward-emerging-from-bankruptcy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines