Former FTX executive Ryan Salame’s prison sentence reduced by 1 year
Bureau of Prison records indicate that former Alameda Research CEO Caroline Ellison’s sentence was also reduced by three months.
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DeFi platforms Zapper and Aave announce Polygon sidechain integrations
Two DeFi heavyweights will be integrating the one-time Ethereum competitor 2898 Total views 19 Total shares As cripplingly high gas fees put scalability in the spotlight and multiple platforms rush to become the preferred home of Ethereum’s decentralized finance (DeFi) ecosystem, layer-two sidechain Polygon may be emerging as a frontrunner after scoring two big wins…

Chinese artist showcases NFT real estate at Alibaba-sponsored innovation festival
NFT artworks depicting “socialist cyberpunk” housing are being showcased at the Taobao Maker Festival in Shanghai. 482 Total views 4 Total shares This year’s Taobao Maker Festival — an annual event celebrating Chinese art and entrepreneurship hosted by the Alibaba-owned e-commerce platform Taobao — will showcase nonfungible tokens (NFTs) for the first time.This year’s event…

Stablecoin framework is a near-term priority for Aussie regulators
As stablecoins become widely used as a means of payment, Australia is preparing to regulate them accordingly. 581 Total views 13 Total shares Own this piece of crypto history Collect this article as NFT Australian financial regulators are “working on options” for incorporating payment stablecoins into the regulatory framework for stored-value facilities. Such incorporation would be…

Why is Ethereum (ETH) price down today?
ETH price dropped over 8% in the past 24 hours, driven by a growing sell-the-news sentiment following the launch of Ethereum ETFs.

Blockstream targets continued Bitcoin miner surplus with series 2 BASIC note
Blockstream will look to raise more capital to buy Bitcoin (BTC) mining hardware through a second series of its Blockstream ASIC (BASIC) Note offering, which aims to accumulate and sell ASICs based on the predicted demand for miners over the next two years.Speaking exclusively to Cointelegraph, Blockstream CEO Adam Back highlighted a surplus of Bitcoin

$1.2B Bitcoin Futures and Options Contracts Just Expired — What’s Next?
A total of 106,000 Bitcoin (BTC) futures contracts and options expired today, and this has investors curious about how BTC price may respond, leading into and after the expiry. Bears were not expecting the most recent run to $11,000, especially after two months of sideways trading activity.The 52% increase in Bitcoin futures’ aggregate open interest increase…

Major validator calls for ‘completely new chain’ to replace Terra
The operator of a major validator node on Terra is displeased with how events unfolded leading to the cessation of the chain, and hopes a whole new blockchain will be created to replace it. 1094 Total views 5 Total shares As the dust settles from the Terra ecosystem crash, and the community decides what the…

Canary Capital applies to launch spot HBAR exchange-traded product
The asset manager has filed with the SEC to list and trade shares of spot Hedera, Solana, and XRP exchange-traded products.