Daily Digest – December 1st

• Sam Bankman-Fried says “I’ve committed no fraud” and FTX US is fully solvent

• Crypto exchange Kraken cuts 1,100 jobs as crypto winter bites harder

• Telegram to launch a decentralized exchange and self-custodial wallets

• Bitcoin (BTC) climbs above $17,000 as Fed Chair signals slowing rate hikes

• Perpetuals-focused decentralized exchange GMX flips Uniswap in daily fees earned

Kraken to Cut 30% of Its Global Workforce as Crypto Layoffs Intensify

One of the largest centralized crypto exchanges, Kraken, has cut 30% – or around 1,100 employees – of its global workforce amid the deepening crypto...

‘I Did Not Knowingly Commingle Funds’ FTX’s Sam Bankman-Fried Claims

In an interview at The New York Times DealBook Summit, Sam Bankman-Fried once again told his side of the story regarding the FTX...

Telegram to Expand Decentralized Ecosystem, Launch DEX, and Self-Custodial Wallet

The popular messaging app, Telegram, has announced plans to launch a suite of decentralized cryptocurrency products. These include a decentralized crypto...

Italy Proposes a 26% Tax on Capital Gains from Digital Assets: 2023 Budget

As part of the measures towards instilling stricter crypto regulations, authorities in Italy have resolved to inflict a 26% tax on every capital gain incurred in...

Shiba Inu (SHIB) Community Reacts to Binance’s Hint on Bone ShibaSwap (BONE)

The Shiba Inu (SHIB) community, better known as the SHIB Army, has been calling for the top global crypto exchanges to list the gas fee token Bone ShibaSwap (BONE)...

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team