Former FTX CEO Sam Bankman-Fried praises Trump’s pardon of ex-Honduran president as he seeks clemency

SBF took to social media again on Tuesday to react to Trump’s pardoning of former Honduran President Juan Orlando Hernández.
The Funding: VCs discuss the crypto correction and what’s next

Crypto VCs explain what’s behind the crypto correction, whether a bottom is forming, and what they expect next.
China’s central bank reaffirms crypto ban, flags stablecoin risks following multi-agency meeting

Beijing has moved in recent months to quell some digital asset activity in Hong Kong, like real-world asset tokenization and stablecoin issuance.
DWF Labs launches ‘proprietary’ $75 million DeFi investment fund

DWF will invest in founders “solving real structural problems in liquidity, settlement, credit, and on-chain risk management.”
South Korea’s KakaoBank advances stablecoin initiative to development stage: report

Rivaling IT giant Naver is in the process of a merger with Upbit, South Korea’s largest cryptocurrency exchange.
Kevin Hassett, who has crypto ties, rises to the front in Fed Chair search: Bloomberg

Kevin Hassett is at the top of the leaderboard to become the next Fed Chair, according to reporting from Bloomberg.
Crypto ATM operator considers $100 million sale, days after founder’s $10 million money laundering charge

The company had previously pivoted to software offerings in the face of “rising fraud exposure, regulatory pressure, and compliance demands.”
VerifiedX taps Crypto.com for custody, OTC services supporting $1.5 billion in assets

The price of VFX, the network’s native token, has jumped by over 69% following the announcement of a second partnership with Crypto.com.
British fraud office arrests two men accused of $28 million Basis Markets rug pull

The Basis Markets project raised $28 million in late 2021, but never launched the platform it claimed to be working on, and went dark shortly after, offering no refunds.
Introducing Layer One: Poker Logic Meets Crypto Reality

Haseeb Qureshi and Sean Lippel join Kelvin Sparks and Steven Gates on first episode of The Block’s latest podcast produced with Avalanche – Layer One.