Cryptorias

Hodler's Digest: Launch of Ether Futures ETFs, SBF Trial Commences, and Su Zhu from 3AC Arrested (Sept. 24-30)

Hodler’s Digest: Launch of Ether Futures ETFs, SBF Trial Commences, and Su Zhu from 3AC Arrested (Sept. 24-30)

– Investment firm Valkyrie will offer exposure to Ether futures through its Bitcoin Strategy ETF, becoming one of the first firms to do so.

– Former FTX CEO Sam “SBF” Bankman-Fried will stand trial for fraud charges from Oct. 4 to Nov. 9.

– Co-founder of Three Arrows Capital Su Zhu was arrested in Singapore for contempt of court.

– Binance urges European users to convert their euro balances to Tether due to the loss of support from banking partner Paysafe.

– The U.S. SEC has delayed its decision on several spot Bitcoin ETF applications, including those from BlackRock, Invesco, Bitwise, and Valkyrie.

– Bitcoin is at $26,895, Ether at $1,667, and XRP at $0.53. The total market cap is $1.07 trillion.

– The top altcoin gainers of the week are Compound, Chainlink, and THORchain, while the top losers are Immutable, UNUS SED LEO, and XDC Network.

– Crypto influencer Ben Armstrong was arrested over a dispute involving his Lamborghini.

– Several cryptocurrency platforms may have provided misleading information about their licenses.

– Huobi Global’s HTX crypto exchange was hacked for $7.9 million.

– Chainalysis, a blockchain analytics platform, has played a significant role in solving cases like the Mt. Gox collapse and tracing crypto used in illegal activities.

– Tim Draper criticizes the US government for making his $250K Bitcoin price prediction look bad.

– A Chinese national was fined for using a VPN for remote work, and Hangzhou airdropped 10 million digital yuan.

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