Caroline Ellison's well-prepared testimony painted Sam Bankman-Fried as the ultimate decision-maker at FTX and a corrupting influence on his subordinates
- Government prosecutors completed their direct examination of former Alameda Research CEO Caroline Ellison on Wednesday in the fraud trial of Sam Bankman-Fried.
At SBF's trial, the personal dynamics between him and his friends are a vital component of the case, making clear how much his inner circle has turned on him
The FTX founder's criminal trial has made clear just how much his inner circle has turned against him. X: @lylepratt , @jespow , @bradydale , @runnerxbt , @zekefaux , @ritwik_priya...
Twitter starts marking Substack links with a warning that the link “has been identified by Twitter or our partners as being potentially spammy or unsafe”
Twitter has started marking links to Substack as unsafe. If you click on a link on Twitter with substack.com in the URL …
Matt Taibbi plans to use Substack Notes instead of Twitter after learning Twitter is blocking Substack links because the company is upset about Substack Notes
On staying at Substack, and leaving Twitter, I guess — Earlier this afternoon, I learned Substack links were being blocked on Twitter.
The Biden administration publishes a roadmap for mitigating cryptocurrencies' risks and urges Congress to hasten efforts to create a crypto regulatory framework
Four senior Biden officials penned a note Friday urging lawmakers to hasten their efforts to create a regulatory framework for crypto.Source:The White House.
US prosecutors accuse a man of remotely swiping 713 bitcoins from a hardware wallet seized in a case against his brother, who ran crypto mixing service Helix
the Feds had a Trezor but they never actually had the private keys. End mystery. https://www.bloomberg.com/... Kara Swisher / @karaswisher : READ, if only for the lede: Feds locked...
Chainalysis: sub-Saharan Africa crypto usage is driven by everyday necessity; 80% of crypto payments in the region are under $1K, the world's highest proportion
The report shows strong crypto usage and adoption rates in the region. With highly educated young people and low job prospects … Source: Chainalysis . Tweets: @chainalysis , @brad...
Core Scientific, a top bitcoin miner with nearly 10% of the network's hash rate, sold 7,202 mined BTC for $167M in June and now holds 1,959 BTC
Thanks for reading Digital Gamma Weekly Commentary! Crystal Kim / Axios : Big crypto mining shop sells almost all its bitcoin Turner Wright / Cointelegraph : Core Scientific sold $...
Binance paused bitcoin withdrawals for a few hours on Monday “due to a stuck transaction causing a backlog”; the company says BTC withdrawals have since resumed
CEO Changpeng Zhao attributed the issue to a “stuck transaction,” and promised a quick fix. Source: @cz_binance , @binance , and @cz_binance .
Sources: the SEC is probing Binance and its 2017 ICO of BNB, now the world's fifth biggest token, on whether BNB is a security that should have been registered
US regulators are investigating whether Binance Holdings Ltd. broke securities rules by selling digital tokens just as the crypto exchange …
At a CFTC meeting, agricultural groups criticized FTX CEO Sam Bankman-Fried's plan for automated risk management and 24/7 trading in leveraged futures markets
Agricultural groups criticise FTX plan for round-the-clock risk management in leveraged futures market
Bored Ape Yacht Club launches ApeCoin, or $APE, with 1B in total supply, and forms the ApeCoin DAO, whose council members include Alexis Ohanian and Amy Wu
Even among the fastest-growing crypto startups, Yuga Labs has had a particularly explosive year. — The startup is behind …
Congress is unlikely to pass major legislation to regulate crypto, as Senator Warren emerges as a vocal critic while some progressives embrace the industry
Zachary Warmbrodt / Politico : Tweets: @amanda_cavaleri , @bradydale , @thinkingcrypto1 , and @zachary Tweets: Amanda Cavaleri / @amanda_cavaleri : “People are taking a parochial ...
Samsung unveils Samsung Gaming Hub, coming to select 2022 Samsung TVs, offering support for Google Stadia, Nvidia's GeForce Now, and Utomik cloud gaming
Plus a mysterious way to pass through your game console's controller signals — Samsung is revealing a new lineup of smart TVs at CES 2022 today …
Samsung says its 2022 TVs will support browsing, displaying, and purchasing NFTs, as well as viewing their history and blockchain metadata
Chris Welch / The Verge :
Substack's decision to pay certain writers to write on the platform is an editorial one as leaders decide what kind of writing they want to support
and do this instead Tweets: @annaleen : Here's why Substack's scam worked so well. They paid a secret group of writers to make newsletters seem lucrative. In my newsletter this wee...
Binance acquires crypto data aggregator CoinMarketCap, source says for around $300M
Frank Chaparro / The Block :
Apple sends a cease and desist letter to the author of “App Store Confidential”, published in Germany by an ex-Apple employee, claiming it reveals trade secrets
Juli Clover / MacRumors :
A recent fracas between Binance and The Block shows crypto needs more independent journalists investigating the industry despite the community's media hostility
This is the web version of The Ledger, Fortune's weekly newsletter covering financial technology and cryptocurrency.
A recent fracas between Binance and The Block shows crypto needs more independent journalists investigating the industry despite the community's media hostility
This is the web version of The Ledger, Fortune's weekly newsletter covering financial technology and cryptocurrency.