Author: American Coins & Gold

Fireblocks Acquires Tokenization Firm BlockFold for M
The acquisition will expand Fireblocks’ capabilities in tokenization including token customization, orchestration, distribution and advisory.

Coinbase Attempts to Plug Void in Crypto Perpetuals Left by FTX
Cryptocurrency exchange Coinbase this week announced that it had received regulatory approval to list perpetual futures on its international exchange.

Fortnite Developer Epic Games Lays Off 16% of Staff Following Metaverse-Inspired Transition
The game’s growth is now primarily driven by creator content, meaning lower revenue for Epic as the revenue is shared around more.

Ether Bears Lose M as ETF Hopes Lift ETH Prices
There’s a “90% chance” an ether futures ETF will be traded in the first week of October, one analyst said.

Circle Intervenes in Binance’s SEC Case, Argues Stablecoins Aren't Securities
Stablecoins alone can’t be considered securities, argues the USDC issuer, supported by former commodities regulator Heath Tarbert.

Sam Bankman-Fried Scoops Help CoinDesk Win Major Journalism Award
FTX, an industry titan, ended up in bankruptcy court nine days after a November 2022 scoop from CoinDesk’s Ian Allison.

Valkyrie Gets Approval to Start Buying ETH Futures For its Existing Bitcoin ETF
The fund’s new strategy to combine ether and bitcoin will be effective formally on Oct. 3.

U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions
It would be hard for a big exchange to repeat an FTX collapse if the firm’s internal flow of crypto assets was also reported to an outside repository that U.S. regulators could see. That’s the idea behind new legislation from Rep. Don Beyer (D-Va.) that would force exchanges to share the movement of digital assets now only recorded on their own ledgers.

Here's the Sam Bankman-Fried Trial Schedule
Sam Bankman-Fried’s trial is scheduled to start on Oct. 3, but the actual opening arguments are projected to begin a day later, a newly released court trial calendar shows.

Bitcoin Tops K as Rates and Oil Retreat; Ether Outperforms on ETF Hopes
Cryptocurrency markets surged higher Thursday, with the price of bitcoin (BTC) breaking above the $27,000 level for the first time alongside easing macro pressures.