Author: American Coins & Gold

First Mover Americas: Ether ETFs Struggle to Gain Traction in First Week
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Nexo to Phase Out Cashback for UK Exchange and Card Transactions as FCA Rules Approach
Nexo is joining Bybit and Paypal in withdrawing some services from the U.K. in response to incoming promotion rules.

Sam Bankman-Fried's Lawyers Test the Judge's Patience
It could take six weeks for prosecutors to make their case against Sam Bankman-Fried. But only three days were needed for the judge overseeing his trial to lose patience with the former crypto chief’s defense team.

Ethereum Has Become More Centralized Since the Merge and Shanghai Upgrades: JPMorgan
The increase in staking has reduced the appeal of ether from a yield perspective, the report said.

Bitcoin at 'Risk of Falling,' Ether ETFs Lacklustre Performance Dismays Traders
Data shows that broader crypto markets lost just under 1% in the past 24 hours.

THORSwap Pauses Platform After Series of FTX Hack-Linked Trades
A THORSwap developer said the team “stands firmly against any and all criminal actions” in a message to CoinDesk.

A Better Way to Distribute Crypto Ecosystem Grants
Token project treasuries, foundations and grant programs are a necessary lifeline during the bear market. But this funding could be more fairly disbursed, Lunar Strategy’s Tim Haldorsson writes.

Blackbird, Crypto Restaurant App, Raises M in Funding Led by A16z
The target audience is restaurant users, but the blockchain-based project comes with its own “Flypaper” and fungible FLY tokens.

3 Times Bankman-Fried Allegedly Lied Before He Was Famous

Sam Bankman-Fried: the Liar?