The US president reportedly said he had no intention of pardoning the former FTX CEO, and defended his family’s connections to the crypto industry. US President Donald Trump reportedly will not grant a pardon to Sam “SBF” Bankman-Fried, who is serving a 25-year sentence for his role in the collapse of cryptocurrency exchange FTX. According to a Thursday interview with Trump by The New York Times, the president said he had no intention of pardoning Bankman-Fried and others, including music producer Sean Combs and former New Jersey Senator Robert Menendez. Bankman-Fried has been behind bars since August 2023 when a federal judge revoked his bail before his criminal trial. In the same interview, Trump pushed back against questions regarding potential conflicts of interest with the cryptocurrency industry. The president and his family have connections to the Bitcoin mining company American Bitcoin, the platform behind the USD1 stablecoin World Liberty Financial and through his personal memecoin, Official Trump (...
Bitcoin bulls are making a run on $91,000 as start-of-the-year trading volumes highlight the market’s expectation of a positive Q1. Bitcoin’s start of year rally ran into stiff resistance near $93,000, triggering a pullback that has shifted the market’s focus back to key support levels. While the higher-time-frame (HTF) structure still looks fragile, the lower time-frame (LTF) signal suggests bulls may yet have room to regain control if critical levels hold. Key takeaways: Bitcoin rejected at $93,000 for the third time, slipping back toward weekly lows near $89,250. Read more
The TRU price fell to $0.0000000029 from $0.16 after the protocol reported a security incident and crypto sleuths tracked stolen Ether. The Truebit protocol reported a security incident “involving one or more malicious actors” with a smart-contract address suggesting the loss of $26 million worth of Ether. In a Thursday X post, Truebit said it was in contact with law enforcement and “taking all available measures” following the security incident. Crypto sleuths monitoring the protocol reported that the exploit had resulted in the removal of 8,535 Ether (ETH), worth about $26.6 million at the time of publication. The affected smart contract address provided by Truebit showed only small amounts of ETH stolen. However, analysis from Lookonchain and other sleuths signaled that the total amount of crypto stolen in the attack was worth more than $26 million. Read more
The platform offers a private, non-custodial venue for regulated institutions to trade cryptocurrencies and stablecoins. Temple Digital Group has launched a private, institutional trading platform built on the Canton Network, offering continuous, 24/7 trading of digital assets using a central limit order book and non-custodial market structure. According to an announcement shared with Cointelegraph on Thursday, the platform supports trading in cryptocurrencies and stablecoins and is designed to allow institutions to transact with approved counterparties while maintaining privacy and regulatory oversight, with participants retaining custody of assets rather than relying on a central intermediary. The system is built around a price-time priority central limit order book with sub-second matching and includes execution monitoring and transaction cost analysis tools intended for institutional trading desks, the company said. Read more
The wallet, expected to launch this year, will support cryptocurrencies and RWAs as the financial services company adds to its suite of crypto investment products. Morgan Stanley has plans to launch a digital asset wallet in 2026 as the financial services giant continues expanding its crypto investment product offerings to clients. The wallet is built to support cryptocurrencies and real-world tokenized assets (RWAs), including stocks, bonds and real estate, with plans to support more assets over time, according to Barron's. In September, the company announced that it would allow users of the E*Trade brokerage platform, which it owns, to trade cryptocurrencies including Bitcoin (BTC), Solana (SOL) and Ether (ETH) in 2026. Read more