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Korean crypto startup Uprise to compensate investors after disastrous LUNC short trade

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The investment startup made a short bet on LUNC in May using client funds. The trade blew up and wiped out 99% of its assets.

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Coin Market

Coinbase finds over '20 examples' of FDIC telling banks to avoid crypto

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Coinbase’s chief legal officer declares that the “contents are a shameful example of a government agency trying to cut off financial access to law-abiding American companies.”

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UBS launches tokenized fund, puts ETH 'into the heart' of TradFi

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The move by UBS to launch a tokenized fund on Ethereum is like “putting ETH right into the heart of traditional finance,” says one crypto commentator.

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Judge pushes Tornado Cash co-founder trial to April 2025

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Roman Storm, currently free on bail and facing three federal charges, will have another four months to prepare for his criminal trial.

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