Tag: Firm

SBF Wants to Subpoena Documents from Former FTX Law Firm to Beat Fraud Charges

Lawyers representing SBF say that these documents from the former FTX law firm contain information that could absolve the former CEO. Sam Bankman-Fried (SBF) is trying to beat the fraud charges levied against him by requesting documents from the law firm that provided counsel for him, Alameda Research and FTX. According to a court filing, SBF wants to subpoena these documents, as he believes they would help him with his forthcoming court case. SBF believes he can use documents from the law firm, Fenwick & West, to prove he did not…

SBF wants to subpoena documents from old FTX/Alameda law firm to use in his defense

boss

Sam Bankman-Fried (SBF) is seeking to subpoena documents from Fenwick & West. That’s the law firm that served as the outside counsel to FTX, Alameda Research and SBF personally from “early in their development” until the FTX bankruptcy. Now SBF’s legal team wants to use the documents in his defense in the 13-count criminal case against him. According to a memorandum filed in the United States District Court for the Southern District of New York, Fenwick has stated that it cannot turn over the documents without the permission of the…

Blockchain Analytics Firm Nansen Cuts Workforce by 30%

Nansen has promised to work assiduously with its remaining team to ensure they provide the best services to their customers as well as build the best workplace in crypto. Nansen, a leading startup in the blockchain technology industry, has recently announced a significant reduction in its workforce. The news of the 30% cut in blockchain data analytics firms has caused quite a stir in the industry, with many speculating on the reasons behind the decision. According to the blockchain analytics platform’s Chief Executive Officer (CEO), Alex Svanevik in a tweet,…

Crypto Infrastructure Firm Anoma Foundation Raises $25M

Other investors in the round included Electric Capital, Delphi Digital, Dialectic, KR1, Spartan, NGC, MH Ventures, Bixin Ventures, No Limit, Plassa, Perridon Ventures, Anagram, and Factor, among others. The Anoma Foundation last raised $26 million in November 2021 in a funding round led by Polychain Capital. Source

Blockchain firm raises $25M to develop third-generation architecture

Swiss nonprofit Anoma Foundation has secured a significant funding boost to continue the development and research of its third-generation blockchain architecture. A third fundraising round secured $25 million for the organization, which is building what it describes as a generalized intent-centric blockchain architecture. The technology is touted to enable the development of completely decentralized applications (DApps) and services, ranging from decentralized exchanges (DEXs) to blockchain rollup protocols. Anoma co-founder Adrian Brink told Cointelegraph that its third-generation architecture offers more composability and ease of use than existing smart contract protocols like…

Security firm exposes $500m vulnerability in TRON’s multisig accounts

Security researchers have recently disclosed a critical zero-day vulnerability in the TRON blockchain that could potentially expose $500 million worth of cryptocurrency to theft. The vulnerability, discovered by the 0d research team at dWallet labs, specifically targeted multisig accounts on the TRON blockchain. 0d, our superstar cybersecurity research team, discovered a vulnerability in TRON multisig accounts putting over $500M of digital assets at risk – it was disclosed and fixed so there are no user assets at risk now. A technical breakdown:https://t.co/nMj6kV6Oc3 — dWallet Labs (@dWalletLabs) May 30, 2023 Multisig…

Security firm discovers $500M vulnerability in Tron multisig accounts

boss

A research team at dWallet Labs has discovered a zero-day vulnerability in Tron multisig accounts, allowing an attacker to bypass the multisignature mechanism and sign transactions with a single signature. In a technical breakdown post, the research team said the vulnerability could have impacted $500 million in assets held in Tron multisig accounts. This is because it allows any signer to “completely overcome the multisig security offered by TRON.” 0d, our superstar cybersecurity research team, discovered a vulnerability in TRON multisig accounts putting over $500M of digital assets at risk…