Author: American Coins & Gold

NEAR Foundation’s Marieke Flament Steps Down as CEO
General Counsel Chris Donovan will assume her role at the organization behind the NEAR protocol.

Bank of Japan a Major Source of Uncertainty, Crypto Volatility Trader Says
Once the BOJ begins policy normalisation, yen carry trades may unwind quickly, leading to increased cross-asset volatility.

First Mover Americas: NFT Platform ImmutableX's IMX Token Rallies
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Binance Warns of Multiple Stablecoin Delisting As Lawyers Puzzle Over EU's MiCA
The EU’s landmark Markets in Crypto Assets law, MiCA, takes effect next year, but it’s not clear how it will apply to foreign or decentralized issuers

Galaxy Digital Eyes European Expansion With New Regional CEO
Mike Novogratz’s firm has appointed Leon Marshall, its existing global head of sales, as its first European CEO.

BNB, XRP Lead Slide in Crypto Majors as Mt. Gox's Repayment Delay Fails to Bouy Bitcoin Prices
“We still believe that the chances of further declines are higher for now,” one analyst said.

Here’s How FTX Founder Sam Bankman-Fried’s Trial May Play Out
FTX founder and onetime CEO Sam Bankman-Fried will stand trial in just under two weeks to defend himself against allegations he deliberately committed fraud and conspired to defraud crypto investors and customers in FTX and Alameda Research. CoinDesk spoke to several legal experts about how the case may proceed.

Bitcoin Bulls Missing in Action After Mt. Gox Delays BTC Repayments
Rumors of Mt. Gox mulling a delay have been doing the rounds and likely catalyzed the recent bitcoin price bounce.

Bitcoin’s 87% Drop in 2021 Was Caused by Sam Bankman-Fried's Alameda, Ex-Employee Claims
An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin’s 87% drop on Binance.US in 2021.

DraftKings' Billionaire-Backed Crypto Analytics Firm CoinScan Raises .3M
The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings.