New York District Court Judge Lewis A. Kaplan on Friday denied Bankman-Fried’s request saying neither Fenwick & West nor the FTX Debtors are part of the “prosecution team.” The government “has no obligation to produce materials that are not within its possession, custody, or control,” the order added. Source
Bankman-Fried appeared starstruck by a February 2022 party at Kives’ house where fellow guests included a former Presidential candidate, actors, reality TV stars, musicians and multiple billionaires. Within weeks, Bankman-Fried had signed a document promising to invest billions in Kives’ and Baum’s companies, with little details on what FTX would gain in return, the filing said. Source
Over the past year, more than 100,000 login credentials to the popular artificial intelligence chatbot ChatGPT have been leaked and traded on the dark web, according to a Singaporean cybersecurity firm. A June 20 blog post by Group-IB revealed just over 101,000 compromised logins for OpenAI’s flagship bot have traded on dark web marketplaces between June 2022 and May 2023. The login information was found in the logs of “info-stealing malware.” May 2023 saw a peak of nearly 27,000 ChatGPT-related credentials made available on online black markets. According to our…
Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk. Source
CryptoX – Cryptocurrency Analysis and News Portal Earlier this month, Haru Invest halted withdrawals and deposits. Source The post South Korean Crypto Yield Firm Haru Invest Fires More Than 100 Employees: Report appeared first on CryptoX. CryptoX Portal
Bitcoin (BTC), the world’s largest cryptocurrency by market value, rallied over the past 24 hours after various traditional finance firms announced moves into the crypto market, indicating bullish sentiment. eToro US investment analyst Callie Cox shared her crypto markets analysis. Plus, Lindsey Grossman, the business lead at Bitkey, Block’s bitcoin wallet, joined “First Mover” to discuss teaming up with Coinbase and Cash App, along with the launch of Bitkey’s external beta sign-ups. And, Axelar CEO and co-founder Sergey Gorbunov shared his reaction to the Uniswap Foundation’s recent bridge assessment report.…
Other Ethereum-related assets such as NFTs, ERC-20 tokens and stablecoins are also being considered for future rollouts. Original
Neutron, which had its mainnet launch in May, is a cross-chain smart contract platform that uses the Cosmos ecosystem’s interchain security feature, Replicated Security (RS). Developers can use Neutron to build smart contracts and decentralized applications (dapps) in a cost-effective and secure environment, the firm said in the statement. Source 10MBinanceCoinFundContractFirmInfrastructureLabsLeadNeutronSmart CryptoX Portal
“Differing from traditional attacks that shut down chains by crashing nodes, the HamsterWheel attack traps all nodes in a state of ceaseless operation without processing new transactions, as if they were running on a hamster wheel. This strategy can cripple entire networks, effectively rendering them inoperable,” CertiK said in a press release on Monday. Source link
Republic will acquire around a 9.5% stake in INX at an approximate $50 million pre-money valuation, with a “non-binding” commitment to acquire of 100% of equity at a valuation of $120 million as early as third quarter of this year. The closing of the initial deal is expected to be within 60 days, subject to regulatory approval. Source