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Binance Is Strongly Leaning Toward Scrapping FTX Rescue Takeover After First Glance at Books: Source
Backing out would be one more stunning development in the collapse of Sam Bankman-Fried’s crypto empire.

Dubai Presses for Crypto Companies to Set Up Shop
Crypto firms say the city’s Virtual Assets Regulatory Authority has promised a regulatory framework before the end of the year.

Ex-House Speaker, Former Justice Official Join US Policy Crew Assembled by Paradigm
Former lawmakers and officials from both U.S. parties will join academic and political leaders in a new council meant to advise on crypto policy after the midterm elections.

Crypto Firm Arca Closed Its Terra-Exposed Digital Yield Fund
The fund was shuttered on Aug. 31 with around $20 million in assets under management, the CEO confirmed.

Aptos CEO Defends 'Fair' Tokenomics That Prompted Community Backlash
Aptos CEO Mo Shaikh told CoinDesk the token distribution is much fairer than at other projects.

India's Crypto, Web3 Industry Forms New Advocacy Body
A previous organization representing the industry was disbanded earlier this year.

Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance Sheet
Alameda had $14.6 billion of assets as of June 30, according to a private document CoinDesk reviewed. Much of it is the FTT token issued by FTX, another Bankman-Fried company.

Evmos, Connector of Cosmos and Ethereum Blockchains, Raises $27M in Token Sale
Polychain Capital led the funding raise to accelerate the cross-chain decentralized app platform

Crypto Finance Firm Galaxy Digital to Cut One-Fifth of Workforce: Sources
The company's shares have fallen 80% in the past year.

Porter Finance Team Returns for Second Shot at DeFi Bonds Project
Months after Porter Finance was shuttered due to lack of demand, three of the four team members say they still feel the potential for on-chain bond issuances is massive.

