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FTX’s Bankman-Fried seeks mercy, apologizes for $8 billion fraud, and implores the judge to reject the recommended 100-year jail term.

FTX’s Bankman-Fried is ‘deeply sorry’ for $8b fraud, pushes for shorter sentence

Sam Bankman-Fried, the disgraced founder of the FTX crypto exchange, is trying to get a shorter prison sentence after he was convicted of fraud and is now facing more than 100 years in...

6 months ago

Strike, a Bitcoin-focused payments application, has announced the launch of its services in seven African countries, signaling its expansion into the continent.

Strike launches Bitcoin payment services in seven African nations

The countries included in this initial rollout are Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda, and Zambia. The company, founded by CEO Jack Mallers, aims to extend its reach to mo...

6 months ago

Humanity Protocol to Scale ZKP-Powered Palm Recognition Tech

Humanity Protocol Secures Funding From Top Crypto VCs for Web3 ID Solution

Polygon-backed Humanity Protocol has secured strategic investments from over 20 crypto venture capital firms for its privacy-centric Web3 identity solution. Hashed, CMCC, Cypher Capital, Fo...

6 months ago

SERSH Falls 99%, Serenity Shield Plans Relaunch

Serenity Shield Token Fell Victim to Hack: $5.6 Million Worth SERSH Stolen

Serenity Shield project, a multi-chain data storage startup, fell victim to a theft on Tuesday that compromised its MetaMask wallet. “Today, a MetaMask wallet related to our...

6 months ago

Kraken Shares ‘Real Story’ of SEC’s Lawsuit

Crypto Exchange Kraken Shares 'Real Story' of SEC Lawsuit — Claims SEC Seeks 'Boundless Authority' Over Commerce

Cryptocurrency exchange Kraken has shared what it called “the real story” of the lawsuit against it by the U.S. Securities and Exchange Commission (SEC). Kraken also explaine...

6 months ago

The emails were disclosed by Wright's counsel after COPA's expert witness Patrick Madden spent a tense day on the stand.

Craig Wright's Former Lawyers Say Emails Shared by Wife Are Fake as COPA Trial Heats Up

Craig Wright's former legal representatives at Ontier say emails purportedly showing their correspondence have been doctored as the fourth week of a U.K. trial probing his clai...

6 months ago

A few users on X lauded Buterin for promoting open-source software; however, a few others also pointed out that Linux has its own share of issues.

Vitalik Buterin has an open-source solution to Elon Musk’s Microsoft OS issues

Ethereum co-founder Vitalik Buterin believes the open-source operating system (OS) Linux is a perfect solution for Elon Musk’s Microsoft Windows OS issues. He invited Musk to the desktop L...

6 months ago

The list contains several crypto firms among companies trading without the correct licenses.

Spanish financial regulator warns investors over 18 unlicensed entities

The National Securities Market Commission (CNMV), Spain’s principal financial regulator, has published a list of 18 companies operating in the country without a proper license. ...

6 months ago

Ethereum Price Approaches $3,300 Level Amidst Whale Accumulation

Crypto Whales Buy and Stake $45.5 Million in Ethereum (ETH): Price Impact

A crypto whale has staked a staggering $45.5 million in Ethereum (ETH). This action and other whales’ accumulations have led to a notable surge in the crypto price. ...

6 months ago

As part of its annual report’s risk disclosures section, Riot Platforms said it expects to continue paying “higher than usual” costs for ASIC miners until the chip crisis is resolved.

Bitcoin miner Riot says chip shortage, climate-focused regs are risks to profit

Bitcoin BTC $51,071 miner Riot Platforms said that an ongoing chip shortage, the constant need to grow the hash rate and a deepening pro-climate agenda in the United States could ...

6 months ago