Sam Bankman-Fried will appeal his 2023 FTX conviction on seven felony counts, with a hearing set for 4 November. His team argues the trial was unfair and customer funds were misrepresented, but overturning the 25-year sentence will be difficult given the evidence.
WeatherlyCoinbase has asked a US court to sanction the SEC after nearly a year of Gary Gensler’s text messages were deleted under an internal device policy. The exchange argues the loss hides key records on crypto regulation, while experts say the court’s decision could affect future enforcement cases.
AnaisMajor Chinese tech firms, including Alibaba and Tencent, appear to be pulling back from Hong Kong’s cryptocurrency market, with none applying for recent stablecoin licences. The move comes amid regulatory uncertainty and a reported shift in focus toward digital services for the energy sector.
WeatherlyGalaxy Digital acquired over 2.3 million Solana tokens worth nearly $536 million, sparking market speculation. The move aligns with its investment in Forward Industries and highlights growing corporate interest in Solana treasuries.
AnaisPump.fun has brought back its Solana livestreaming feature after a 2024 shutdown caused by unsafe broadcasts, including staged self-harm. With stricter moderation and a new revenue-sharing model, the platform is rapidly attracting creators and generating millions in weekly fees.
JoyA North Korea-linked group used AI to create a fake South Korean military ID and launch a phishing campaign targeting journalists, researchers, and human rights workers. The attack highlights the growing use of AI in cyber-espionage, with authorities warning of increased risks and urging stronger security measures.
WeatherlyPakistan is inviting major global cryptocurrency firms to operate under a new federal framework, offering licences only to companies already regulated in leading markets. The move aims to formalise the country’s \$300 billion crypto market, attract investment, and modernise the financial system, but faces challenges from energy limits and international concerns.
AnaisGalaxy Digital led a major buying spree, acquiring 6.5 million Solana (SOL) tokens worth $1.55 billion over five days, pushing Solana’s price above $240. The firm also partnered with Multicoin Capital and Jump Crypto to fund Forward Industries’ Solana treasury strategy, driving strong investor interest and boosting the company’s shares.
WeatherlyOKX has launched a new platform allowing Australian SMSF trustees to invest in cryptocurrencies like Bitcoin and Ethereum within their retirement portfolios. The service provides secure custody, compliance tools, and reporting features, targeting both experienced and new trustees amid growing crypto adoption in SMSFs.
WeatherlyUS lawmakers are meeting with crypto leaders to discuss a bill that would let the government buy one million Bitcoin over five years. The plan aims to build a strategic Bitcoin reserve using budget-neutral funding, but it needs wider political support to move forward.
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