The delay is the latest in a string of disappointments for Bankman-Fried, who has failed to secure the end of his pre-trial detention since landing in prison in early August. His lawyers have argued their client can’t properly prepare his defense from jail. On the other hand, prosecutors argue he poses a threat to witnesses when out on bail – and the judge overseeing his case agreed. Source
A prominent Shiba Inu team member “Lucie” has shared insights on the highly anticipated Shiba Inu token burn through Shibarium, Shiba Inu’s Layer 2 blockchain, and has revealed what investors should do if they want the Shiba Inu token burns. Shiba Inu Team Member Tells Investors What To Do The content marketing specialist for Shiba Inu took to X on Monday, September 18, 2023, to address the Shiba Inu token burn questions coming from the community saying that SHIB burns are set per transaction, not based on tweets about burns.…
A three-judge panel from the United States Court of Appeals for the Second Circuit has reportedly taken arguments from lawyers representing former FTX CEO Sam Bankman-Fried (SBF) under advisement in considering releasing him from jail prior to his October trial. SBF’s defense team and the U.S. Attorney’s office were each given roughly five minutes to argue before a panel of judges on Sept. 19. One of the judges reportedly claimed SBF’s legal team’s First Amendment argument “has no play anymore” based on Bankman-Fried’s alleged attempts to intimidate witnesses including Caroline Ellison, the…
One, Ervin Ursic Kovac told CoinDesk that he’d sent some ether (ETH) to his account on Sept. 12 and sold it for euros, but was unable to withdraw the currency, and was instead greeted with a pop-up message that his account had been closed early with no prior warning. He had been able to withdraw euros on the previous day without issue, Ursic Kovac said. Source
The Bitcoin Coinbase Premium Gap has been positive during the past few days, implying the surge above $27,000 may be driven by the platform’s users. Coinbase Users Have Been Participating In Aggressive Bitcoin Buying Recently In a new post on X, the CryptoQuant Netherlands community manager, Maartunn, has pointed out how there appears to have been buying going on at Coinbase recently. The relevant indicator here is the “Coinbase Premium Gap,” which keeps track of the difference between the Bitcoin prices listed on the cryptocurrency exchanges Coinbase and Binance. The…
BAM “relies on wallet custody software developed by BHL to maintain the digital asset wallets that hold much of its customers’ assets,” said a Sept. 12 court filing by Binance.US, which is seeking to shake off SEC charges it operated an unregistered crypto exchange, adding that when the company later “learned that BHL was planning to market the software commercially under the name ‘Ceffu,’ it adopted the name as a shorthand reference to the software, including in correspondence with the SEC.” Source BinanceBinance.USCeffucontinuesCustodyDeniesProbeSEC CryptoX Portal
Although hundreds of billions away, Microsoft’s valuation is gradually closing in on that of Apple, racing to become the world’s largest. Microsoft Corporation (NASDAQ: MSFT) is making progress with its valuation and seems ready to give Apple Inc (NASDAQ: AAPL) a run for its money. The company’s valuation is now moving closer to Apple’s as it races to overtake the iPhone maker as the world’s largest company by market cap. According to Marketwatch data as of writing time, Apple shares have climbed 0.42% this month, lower than Microsoft’s 2.05%. In addition, the year-to-date…
With the new Google’s Bard extensions, users have control on deciding whom to give access to their data. These extensions can also work together and collaboratively. In the latest update, Google’s AI platform Bard has introduced a double-check feature along with the ability to connect the Bard chatbot with Google apps and services. This includes Google Docs, Gmail, Drive, YouTube, Maps, Google Flights, and hotels. Google will make these services available through new Bard extensions and only in English for the time being. Initially introduced at Google I/O, the company…
A loss incurred in a Bitcoin (BTC) investment in Thailand resulted in a man shooting his wife and then having a six hour-long standoff with local police forces. According to a Sept. 18 report by local news outlet Thaiger, the 35-year-old husband named Kritsada shot his 31-year-old wife Pitsamai with a handgun and barricaded himself in their home. He surrendered to the authorities after a six-hour standoff with the police that included negotiations involving his sister. Officer Manas Atthadod from Uthai Police Station explained that the man — who also…
Starting this week, TikTok plans to begin testing the “AI-generated” labels, which will automatically mark content identified as having been edited or created using AI. In response to the increasing use of artificial intelligence (AI) in content creation, TikTok has unveiled a new feature to enhance users’ transparency on the platform. On September 19, the social media giant announced its plans to introduce new tools and technologies that allow content creators to label AI-generated content voluntarily. The company, owned by the Chinese tech firm ByteDance, is also exploring automated methods…