Imprisoned FTX co-founder and former CEO Sam Bankman-Fried has appealed to overturn his fraud conviction, court documents filed Friday show. The appeal from Bankman-Fried’s lawyers argues that he never got a fair trial and should therefore be tried again under a new judge. “He was presumed guilty—before he was even charged,” lawyers for Bankman-Fried wrote. “He was presumed guilty by…
Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States. Source: https://cointelegraph.com/news/coinbase-stand-with-crypto-nft-legal-defense-fund-a16z-opensea?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Think you’re good at the classic shooter Doom? On Thursday, a fully on-chain, weeklong competition called the “Doom Olympics” began with a $15,000 prize pool up for grabs. Crypto gaming project RIVES has previously put “every aspect” of retro games like Tetris on the Cartesi blockchain—an Ethereum-based scaling network that uses Linux-powered rollups—as well as Base, the Coinbase-incubated Ethereum layer-2…
Following the collapse of crypto exchange FTX in 2022, the former CEO faced a jury trial, was convicted of seven felony counts, and was sentenced to 25 years in prison. Source: https://cointelegraph.com/news/sam-bankman-fried-appeal-fraud-conviction-sentence?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote. Source: https://cointelegraph.com/news/sec-softens-stance-sab-121-galaxy-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Why CEO Jack Lu Is Pushing Magic Eden Beyond NFTs Magic Eden’s grip on the NFT market has been cemented by a multi-chain approach under co-founder and CEO Jack Lu. Now the marketplace is pushing forward with a digital wallet that bridges Bitcoin, Ethereum, and Solana as it eyes other future expansions. Lu discusses Magic Eden’s evolution since its early…
Worldcoin, a rising player in the decentralized identity space, recently made headlines with a significant expansion of its World ID feature to the Solana blockchain through the Wormhole interoperability platform. This development, announced on September 13, comes as part of the Worldcoin Foundation’s efforts to extend its decentralized identity verification system across multiple blockchains. Worldcoin Solana Integration: What You Need…
Upcoming Binance Launchpad incentives, CZ’s upcoming release and BNB Chain’s use cases outside of DeFi appear to be behind BNB’s rally. Source: https://cointelegraph.com/news/bnb-chain-fundamentals-and-use-case-beyond-defi-support-run-to-600?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
When the NFT marketplace OpenSea signaled that it was braced for a regulatory crackdown last month, the disclosure delivered a jolt to Magic Eden CEO Jack Lu. “It all happened very suddenly,” he said in an interview with Decrypt (video below), adding that the San Francisco-based firm has not received a so-called Wells notice from the U.S. Securities and Exchange Commission…
Former U.S. President Donald Trump has faced a steep decline in his cryptocurrency portfolio, shedding $19.27 million in value over the last three months. This downturn, confirmed by blockchain intelligence firm Arkham, underscores the volatility of the cryptocurrency market and the risks associated with digital assets. Major Losses in Donald Trump’s Cryptocurrency Holdings As of September 13, Donald Trump’s cryptocurrency…
