The founder of collapsed cryptocurrency exchange FTX, Sam Bankman-Fried, filed an appeal challenging his conviction on federal fraud and conspiracy charges, as well as his 25-year prison sentence.
Venture capital funding in the cryptocurrency sector, though rising in 2024, remains sluggish compared to previous years, posing a potential hurdle to a sustained market recovery, according to analysts at JPMorgan.
The issuer of popular stablecoin USDC, Circle, has announced a new integration with BlackRock's USD Institutional Digital Liquidity Fund (BUIDL), allowing BUIDL investors to seamlessly convert their fund shares into USDC through a smart contract.
Top stories in the Crypto Roundup today:
- Sam Bankman-Fried Appeals Against 25-Year Sentence
- Sustained Crypto Market Recovery Hinges on VC Funding Revival: JPMorgan
- BlackRock’s First Tokenized Fund Gets ‘Near-Instant’ USDC Redemptions
- Crypto Market Movers – TON, WIF, BCH