Here’s how the former FTX CEO may have spent his time behind bars since a judge revoked his bail in August. Source: https://cointelegraph.com/app/public/index.php/explained/sam-bankman-fried-jail-before-ftx-trial
Month: October 2023
This Sneaker Is Actually a $3,800 Gaming PC
—Sneakerheads rejoice: You can now get a gaming-ready desktop PC computer in the shape of a shoe. PC hardware firm Cooler Master’s lifestyle arm, CMODX, has released what it calls “Sneaker X.” It’s a PC with a case in the shape of a running shoe—and will set buyers in the United States back anywhere from $3,500 to $3,800. PC modding…
ETF filings changed the Bitcoin narrative overnight — Ledger CEO
Ledger’s CEO says that, while it may take a few years, big money is getting into crypto. Source: https://cointelegraph.com/app/public/index.php/news/etf-bitcoin-ledger-ceo-pascal-gauthier
Bitcoin price drops its early week gains — Here is why
Bitcoin (BTC) price gained 6% from Oct. 1 to Oct. 2 but after failing to break the $28,500 resistance, the price dropped by 4.5% on the same day. This decline happened because of the disappointing performance of Ether (ETH) futures exchange-traded funds (ETFs) that were launched on Oct. 2 and concerns about an upcoming economic downturn. Bitcoin price index, USD.…
Star Atlas Unlocks Tools to Help Game Devs Build on Solana
Star Atlas creator ATMTA is unlocking access to its developer tools and documentation on the Solana blockchain, offering fellow game creators access to its ecosystem and economy starting with the new SAGE Labs browser-based game. For developers wanting to take a peek under the hood of Star Atlas, the company has released a building hub where links and documentation can…
As trial begins, Sam Bankman-Fried's lawyers push to exclude testimony from FTX users
Sam Bankman-Fried’s legal team has requested the court block certain witnesses offering testimony on how they thought FTX would protect their assets. Source: https://cointelegraph.com/app/public/index.php/news/sam-bankman-fried-exclude-testimony-ftx-customers
Crypto suffered 153% YoY increase in hacks and scams in Q3: Immunefi
Crypto and Web3 projects suffered a 153% increase in attack incidents from July to September 2023 compared to the same period in 2022, according to a report from blockchain security platform Immunefi. In Q3 2022, there were a total of 30 attack incidents. But in Q3 2023, this number swelled to 76. Nearly $686 million was lost in the recent…
Here’s how Bitcoin investors can trade the tension surrounding a U.S. government shutdown
Bitcoin’s (BTC) price bull run towards $28,000 on Oct. 1 was partially fueled by the uncertainty regarding the United States debt limit. However, the U.S. President Joe Biden signed the spending bill just hours before the Sept. 30 deadline, avoiding a government shutdown. Investors now question if the momentum remains favorable for cryptocurrencies given that the worst-case political-economic scenario is…
Representation Matters: How Film3 Can Help Cinema Reflect Our Diverse World
About the Author Jordan Bayne is an award-winning filmmaker, thought leader, and founder of The Squad, a Web3-native studio and the originators of the Film3 movement. She also hosts the “Film3 OG and the Next Wave of Cinema” podcast. “Images are so powerful. It shifts and shapes culture, shapes the way we think about ourselves. That’s why having different kinds…
Sam Bankman-Fried sues insurance company for defense costs as trial opens
As the final preparations for the trial of Sam Bankman-Fried were underway in Manhattan, attorneys for the embattled former FTX CEO were filing a suit against the Continental Casualty insurance company in the District Court of Northern California. That company has allegedly provided Paper Bird and its subsidiary FTX Trading directors and officers (D&O) insurance. The suit was filed by…