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⚠️ The Second Circuit formally closed Sam Bankman-Fried’s appeal, keeping his FTX fraud convictions, 25-year sentence, and $11 billion forfeiture in place
The court rejected Bankman-Fried’s bid for a new trial in June, leaving the Supreme Court as his only remaining option for review.
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The court rejected Bankman-Fried’s bid for a new trial in June, leaving the Supreme Court as his only remaining option for review.
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JUST IN: 🇺🇸🇮🇷 US used nearly its entire stockpile of long-range missiles in Iran war and is running low on
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⚡️ Circle announced 11 founding validators for its upcoming Arc blockchain, including BlackRock, Visa, Mastercard, and DTCC ahead of the public mainnet launch on September 16
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📈 Circle reported Q2 total revenue and reserve income of $701 million, up 7% year-over-year, with USDC circulation reaching $73.3 billion
Net income for the quarter was $48 million, while the reserve return rate declined 66 basis points year-over-year to 3.5%, reflecting a softer interest rate environment.
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Net income for the quarter was $48 million, while the reserve return rate declined 66 basis points year-over-year to 3.5%, reflecting a softer interest rate environment.
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⚡️ Visa announced a partnership with Zerohash to enable stablecoin prefunding and payouts for eligible Visa Direct clients across a network covering over 18 billion endpoints in more than 195 countries and territories
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📢 Senate Banking Committee Chair Tim Scott said the Clarity Act vote will take place this week
Senator Scott explained, "We will get Democrats aboard once the vast majority of Republicans say yes."
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Senator Scott explained, "We will get Democrats aboard once the vast majority of Republicans say yes."
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JUST IN: 🇨🇳 China now accounts for 28% of global manufacturing, surpassing the US, Japan, and Germany combined.
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✅ US crypto firm Wintermute received a broker-dealer license
Wintermute can now operate as a market maker on NYSE and Nasdaq, targeting stocks, ETFs, and crypto products with the aim to compete with Jane Street and Citadel.
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Wintermute can now operate as a market maker on NYSE and Nasdaq, targeting stocks, ETFs, and crypto products with the aim to compete with Jane Street and Citadel.
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📢 US President Donald Trump said people are increasingly using Bitcoin for payments and "don’t even know about cash anymore"
He called crypto "a big deal."
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He called crypto "a big deal."
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