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Sam Bankman-Fried sues insurance company for defense costs as trial opens

SBF has directors and officers coverage through FTX Trading parent Paper Bird, but now that two companies have paid out $10 million, the third in line is balking, the suit claims.

This post was published at Cointelegraph

This Sneaker Is Actually a $3,800 Gaming PC

Hardware company Cooler Master is bringing a footwear-shaped gaming PC to the masses in the U.S. and Europe. Is this shoe worth the spend?

This post was published at Decrypt

/ Crypto Currency, Europe

Bitcoin price drops its early week gains — Here is why

Bitcoin price gave up its recent gains as concerning signals from the US economy continue to weigh on investor sentiment.

This post was published at Cointelegraph

/ Bitcoin, Crypto Currency, Economy

Alex Mashinsky’s criminal trial set for September 2024

Alex Mashinsky, the co-founder and former CEO of Celsius, will stand trial in September 2024, according to a report from Bloomberg on Oct. 3. That report indicates that Mashinsky’s trial has been scheduled for Sept. 17, 2024. Mashinsky has been charged with securities fraud, commodities fraud, wire fraud, and conspiracy to manipulate the …

This post was published at CryptoSlate

Representation Matters: How Film3 Can Help Cinema Reflect Our Diverse World

Filmmaker Jordan Bayne writes about the potential for decentralized technologies to help ensure that a wide range of voices are reflected onscreen.

This post was published at Decrypt

/ Crypto Currency

Star Atlas Unlocks Tools to Help Game Devs Build on Solana

ATMTA gives Solana developers and creators free access to build using its Star Atlas tools, starting with the SAGE Labs web game.

This post was published at Decrypt

/ Crypto Currency, Solana

Crypto suffered 153% YoY increase in hacks and scams in Q3: Immunefi

The number of attack incidents increased to 76 in Q3 2023, compared to just 30 in the same quarter last year.

This post was published at Cointelegraph

/ Crypto, Crypto Currency

The 12 People Who Will Decide Sam Bankman-Fried’s Fate

The process is underway to choose the 12 jurors who will decide disgraced crypto mogul Sam Bankman-Fried’s fate.

This post was published at Decrypt

Chainlink moves a step closer to creating a decentralized computing marketplace


These new tools mark the first steps towards Chainlink’s vision of creating a decentralized computing marketplace for developers

This post was published at Blockworks

/ Crypto Currency, Vladimir Putin

Here’s how Bitcoin investors can trade the tension surrounding a U.S. government shutdown

Rumors of a US government shutdown impact asset prices, including Bitcoin. Here’s how BTC options traders can capitalize on the 45 day funding deadline.

This post was published at Cointelegraph

The ‘next leg’ of DeFi users will be institutions, Blockchain Capital’s Larsen expects


DeFi innovations are aimed straight at the juggernauts, Blockchain Capital’s Larsen says

This post was published at Blockworks

/ Blockchain, Crypto Currency, Defi

Binance continues to wind down BUSD by ending borrowing and staking support for the stablecoin

Global crypto exchange Binance announced on Oct. 3 that it will end support for Binance USD (BUSD) borrowing and staking positions by Oct. 25, 2023. This closure appears to be part of a wider plan to phase out the troubled stablecoin, as regulatory scrutiny intensifies. Binance has urged its users to convert their BUSD holdings to First Digital …

This post was published at CryptoSlate

/ Binance, Crypto, Crypto Currency

Fixed rate-focused Yield Protocol is the latest DeFi project to wind down


The latest casualty of the DeFi bear market is a fixed-rate platform

This post was published at Blockworks

SBF was never offered a plea deal, prosecutors say amid jury selection


Bankman-Fried appeared in federal court in Manhattan Tuesday to kick of the jury selection process for his trial

This post was published at Blockworks

/ Crypto Currency, Politics, Sbf

Hong Kong crypto initiatives offer ray of hope in East Asia: Chainalysis


Despite lower trading volumes, Hong Kong’s crypto initiatives and regulations offer hope for a revival in East Asia, according to Chainalysis

This post was published at Blockworks

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