CoinDesk Deal Nears Completion: $125M at Stake

• CoinDesk is in the final stages of a $125 million acquisition.
• Caroline Ellison’s writings from before the Alameda and FTX collapse was uncovered in legal discovery.
• Banks in South Korea are turning to tokenized deposits as an alternative to stablecoins as they prepare for CBDCs.

CoinDesk Acquisition

CoinDesk is reportedly in the final stages of a $125 million deal, with further details yet to be revealed.

Caroline Ellison’s Writings

Caroline Ellison’s private writings from months prior to the Alameda and FTX collapse were recently discovered during a legal discovery process.

Apple AI Chatbot

Apple has also been developing its own AI chatbot as an internal tool.

Crypto Services License

Societe Generale’s subsidiary recently received France’s first crypto services license, while Terraform Labs appointed Chris Amani as their new CEO.

Tokenized Deposits

South Korean banks are now favoring tokenized deposits over stablecoins as they prepare for CBDCs, according to industry sources and reports issued by research bodies of Woori Bank and Hana Bank. Financial authorities are also strategizing new regulations for the cryptocurrency industry which will focus on regulating crypto-asset issuance, tackling conflicts of interest, and establishing consumer protection measures.