Latest from Aoyon Ashraf
Judge Denies Temporary Release For Sam Bankman-Fried, Suggests He Could Face 'Very Long Sentence'
Bankman-Fried’s lawyers had requested that he be released for the duration of his trial to ensure that he is able to review material and speak with his counsel.

Major TradFi Player VanEck Readies Ethereum Futures ETF
VanEck Ethereum Strategy ETF (EFUT) will invest in ETH futures contracts traded on commodity exchanges registered with the CFTC.

Crypto Exchange Kraken to Explore Stock Trading: Bloomberg
The service could launch as soon as 2024, Bloomberg reported, citing a person familiar with the matter.

Almost All Crypto Employees Take Pay in Fiat, Pantera Study Finds
The median compensation globally among 570 engineers surveyed was $120,000, with those in North America getting $193,000, up 1.5% versus the prior year, based on the study.

Why Binance and Banking Giant MUFG Want to Issue Stablecoins in Japan
Binance Japan and Mitsubishi UFJ bank want to help with the country's Web3 ambitions by issuing stablecoins.

Crypto Exchange HTX Lost $8M of Ether Due to a Hack, Justin Sun Says
HTX advisor Justin Sun said the amount stolen equates to two weeks worth of revenue, and the firm has fully covered the losses.

Ether Turns Inflationary as Network Revenue Plunges to 9-Month Low
The decline in activity in the network is partly because of the adoption of layer 2 networks, and the trend will continue in the near term, according to IntoTheBlock.

CFTC Denies Kalshi’s Plan to Let Users Bet on Control of U.S. Congress
U.S. federal regulators said the plans weren't in the "public interest," after a court squabble involving rival service PredictIt

Bitcoin Tumbles to $26.9K on Hawkish Remarks by Federal Reserve's Powell
The Wednesday pause in rate hikes had been overwhelmingly expected by market participants, but Fed members now see much higher interest rates for next year than previously projected.

MakerDAO’s MKR Nears 16-Month High as Whales Accumulate, Crypto Hedge Fund Sets Bullish Price Target
Crypto hedge fund Ouroboros Capital says the token could test the $1,600 price level as protocol profits grow.
