Crypto Currency

Sam Bankman-Fried likely to testify in his own defense in fraud trial

The CEO of the failed cryptocurrency exchange FTX is charged with seven counts of wire fraud and conspiracy to launder moneySam Bankman-Fried will probably take the stand on Thursday in his own criminal fraud trial in an attempt to win over the jury after weeks of damning testimony by the prosecution’s witnesses.The defense attorney Mark

The CEO of the failed cryptocurrency exchange FTX is charged with seven counts of wire fraud and conspiracy to launder moneySam Bankman-Fried will probably take the stand on Thursday in his own criminal fraud trial in an attempt to win over the jury after weeks of damning testimony by the prosecution’s witnesses.The defense attorney Mark Cohen made the surprise announcement on Wednesday morning that the disgraced crypto mogul would testify in Manhattan federal court…
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Crypto Currency

Ark Labs Raises $5.2 Million Seed Round Backed By Tether To Expand Bitcoin Layer-2 Payments Network

Bitcoin infrastructure startup Ark Labs has secured $5.2 million in a new seed funding round, attracting support from several major crypto investors, including stablecoin giant Tether. The investment signals growing interest in technologies designed to expand Bitcoin’s capabilities beyond simple transfers and store-of-value use cases. The funding round brings Ark Labs’ total backing to $7.7

Bitcoin infrastructure startup Ark Labs has secured $5.2 million in a new seed funding round, attracting support from several major crypto investors, including stablecoin giant Tether. The investment signals growing interest in technologies designed to expand Bitcoin’s capabilities beyond simple transfers and store-of-value use cases. The funding round brings Ark Labs’ total backing to $7.7 …
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Crypto Currency

Bitcoin LTH Supply Near Record Highs Despite Pullback From Peak

Bitcoin’s overheating indicators remain moderate compared with previous market cycle peaks…

Bitcoin’s overheating indicators remain moderate compared with previous market cycle peaks…
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Crypto Currency

Bitcoin holds steady while Hyperliquid quietly steals the spotlight

Market fear contrasts with Bitcoin’s stability, highlighting potential volatility, while Hyperliquid’s rise signals DeFi’s growing influence. The post Bitcoin holds steady while Hyperliquid quietly steals the spotlight appeared first on Crypto Briefing…

Market fear contrasts with Bitcoin’s stability, highlighting potential volatility, while Hyperliquid’s rise signals DeFi’s growing influence.
The post Bitcoin holds steady while Hyperliquid quietly steals the spotlight appeared first on Crypto Briefing…
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Crypto Currency

Chinese Fraud Victims Contest UK Compensation Plan for £3.2B Seized Bitcoins: Report

Chinese investors defrauded in a multi-billion cryptocurrency Ponzi scheme have asked the UK High Court to reject a government-backed redress plan for the 61,000 seized Bitcoin. They argue that the proposal to route compensation through a Chinese scheme could strip them of the £3.2bn haul’s gains and leave British authorities holding much of the upside…

Chinese investors defrauded in a multi-billion cryptocurrency Ponzi scheme
have asked the UK High Court to reject a government-backed redress plan for the 61,000 seized Bitcoin. They argue that the proposal to route compensation through a
Chinese scheme could strip them of the £3.2bn haul’s gains and leave British
authorities holding much of the upside…
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