# Crypto's Misinformation War

*Author: Bankless*
*Published: Oct 26, 2023*
*Source: https://www.bankless.com/fr/crypto-wsj-financing*

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    Crypto's Misinformation War
  
  

  
  Published on Oct 26, 2023

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
    Terror Financing Fiction
  
  

  

 

![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2023/10/Frame-50445--3-.png)- **🗞️ WSJ under fire: **Elliptic, the analytics firm that the WSJ cited in their much-criticized report on crypto terror financing, says that [its data was misinterpreted](https://www.elliptic.co/blog/setting-the-record-straight-on-crypto-crowdfunding-by-hamas).
- **🚔 Binance gets heat**.** **A[ crypto-friendly](https://www.coinbase.com/public-policy/legislative-portal/wy/senate/3nxFBaYFqZtDnb2c30Tk0y) Senator [wants the DoJ to prosecute Binance](https://x.com/SenLummis/status/1717585513836691606?s=20) over terror financing. The referenced WSJ report is [wrong](https://x.com/brian_armstrong/status/1717330273338278336?s=20), but Binance [has a complicated history](https://x.com/OddDiligence/status/1640376880338542598?s=20).
- **👨‍⚖️** **SBF takes to the stand**. SBF [kicked off testimony](https://x.com/innercitypress/status/1717603416468324686?s=20) to a jury-less court Thursday as the judge determines what will be off-limits.

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      Prices updated at 4:00 pm ET
    
    
      24HR
    
  

  
    
       ![](https://bankless.com/assets/img/modNewsletter/cmc.png)
    
    
      **Crypto Market Cap**
      
        $1.26T
      
    
     
      
        ↘ 1.1%
      
    
  
  
    
      ![](https://bankless.com/assets/img/modNewsletter/btc.png)
    
    
      **Bitcoin**
      
        $34,139
      
    
     
      
        ↘ 1.8%
      
    
  
  
    
       ![](https://bankless.com/assets/img/modNewsletter/eth.png)
    
    
      **Ethereum**
      
        $1,796
      
    
     
      
        ↗ 0.2%
      
    
  

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**📈** **Decoupling from TradFi** Crypto is up 24% from September lows while the S&P 500 is down 8% in a clear decoupling. BlackRock CEO Larry Fink might call it a [*Flight to Quality*](https://x.com/pythianism/status/1714026700894359838?s=20).

.  .  .

 
  
    

    ANALYSIS

  
  
    
    Bull vs Bear: UNI
  
  
  
   
     
     Bankless Authors: 
     
     [
       
       Jack Inabinet
     
    ](https://twitter.com/JackInabinet) and [
       
       563
     
    ](https://twitter.com/563defi)
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2023/10/bullbearuni-1.png)](https://www.bankless.com/bull-vs-bear-uni)There's been plenty of grumbling from $UNI holders over the past couple weeks after Uniswap Labs launched a small swapping fee on their frontend. 

The $UNI fee switch has always been a spicy topic of governance debate. In today's Bankless article, two analysts on our research team take opposite sides on whether or not $UNI has a bright future ahead of it.

Click through below for the full analysis (***Citizen's Only!***)

[Get the Full Rundown](https://www.bankless.com/bull-vs-bear-uni)
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