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Highlights from FTX Investigation and SBF Trial Day 3
October 6, 2023
The scandalous trial of Sam Bankman-Fried (SBF), the founder of FTX, continued with day 3 casting light on the company's financial workings and SBF's personal life. The court heard testimony …
Read moreOpenAI Considers In-House AI Chip Production Amid Global Shortage
October 6, 2023
OpenAI, the organization behind the artificial intelligence chatbot ChatGPT, is reportedly evaluating options to start manufacturing processing chips in-house. This strategic evaluation is due to the ongoing global shortage of …
Read moreFriend.tech Users Lose $385,000 in Ethereum to SIM Swap Attacks
October 6, 2023
Friend.Tech platform users have experienced significant theft due to a wave of SIM Swap attacks. Four different accounts were stripped of a total sum of $385,000 in Ethereum. These series …
Read moreLearn Concept: Increasing Bitcoin Production by Major Miners
October 6, 2023
Digital currency mining, especially Bitcoin, has been on the rise with major crypto miners reporting significant increases in their Bitcoin production. For instance, Marathon Digital, a leader in the space, …
Read moreUS DOJ Suggests Seizure of Sam Bankman-Fried's Luxury Jets
October 5, 2023
Assets belonging to Sam Bankman-Fried, including his two multimillion-dollar luxury jets, may be subject to forfeit, suggests the U.S. Department of Justice (DOJ). The assets' ownership is currently in a …
Read moreJPEX Crypto Exchange's Asset Lock-up Plan Faces Backlash; 'Own The Doge' to Install Kabosu Statue in Japan
October 5, 2023
JPEX, a controversial cryptocurrency exchange, is moving forward with a plan intended to convert the platform into a decentralized autonomous organization (DAO) and shift user assets to dividend shares, incentivizing …
Read moreFTX Hack Uncovered: Exploiter Converts Up to $100M of Stolen ETH to BTC
October 5, 2023
The FTX exchange's exploiter has converted another $25 million worth of stolen ETH (Ethereum) to BTC (Bitcoin) according to data from Spot On Chain. This activity took place over two …
Read moreHong Kong VC's $100M Fund To Support Asian Blockchain Startups; Singapore Arrests 36-Year Old Man
October 5, 2023
A new Hong Kong-based venture capital (VC) firm named Titan Fund, has amassed a total of $100 million in its leading fundraising round. This initiative, driven by CMCC Global, aims …
Read moreUpdate on Day 2 of Sam Bankman-Fried Trial: Focus on Jury Selection
October 5, 2023
The proceedings of the trial regarding Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, advanced into its second day with the conclusion of the jury selection. The jury is composed …
Read moreScammer Steals $385K in Ether Amid Surge in Friend.tech SIM-Swap Attacks
October 5, 2023
Ethereum thefts are on the rise as a single scammer reportedly managed to steal $385,000 worth of Ether in a 24-hour period amid a recent surge of SIM-swap hacks targeting …
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