SBF’s Lawyer Renews Request for His Temporary Release
Sam Bankman-Fried’s (SBF) attorney in his upcoming case against the Department of Justice of the United States renewed a request for his temporary release from prison to prepare for the trial. Mark Cohen requested on September 25 that the presiding judge, Lewis Kaplan, grant SBF temporary release because it is “necessary for the preparation of […]
China Sets to Build AI Chip Factory to Bypass US Sanctions
According to a South China Morning Post (SCMP) report, Chinese scientists are reportedly looking to construct artificial intelligence (AI) chip factories to circumvent local industry sanctions. Utilizing particle accelerators will facilitate the development of novel laser source production techniques. According to reports, the accelerator’s electron beam will be converted into a “high-quality” light source required […]
Arbitrum DAO Takes Back $56M Unclaimed ARB Airdrop Tokens
Arbitrum, a significant layer-2 scaling solution for the Ethereum blockchain, has officially added the unclaimed tokens from its airdrop to its treasury, accounting for 0.69% of ARB’s total supply of 10 billion. On September 24, the Arbitrum Foundation transferred 69.4 million unclaimed Arbitrum (ARB) tokens to its decentralized autonomous organization (DAO), the Arbitrum DAO, the […]
North Korean Lazarus Group Holds Almost $50M Worth of Crypto
New data reveals that the North Korean hacking group Lazarus possesses a staggering $47 million in cryptocurrencies, most of which are Bitcoin, including Bitcoin, Ether, BNB, Binance USD, and various stablecoins. Wallets associated with the Lazarus Group hold approximately $47 million worth of digital assets, including $42.5 million in BTC, $1.9 million in Ether, $1.1 […]
Bitcoin Mining Can Reportedly Reduce Global Emissions to 8%
According to a document published by the Institute of Risk Management (IRM), Bitcoin can facilitate a global energy transition by converting wasted methane emissions into less harmful, reducing global emissions by up to 8% by 2030. Dylan Campbell and Alexander Larsen of the IRM Energy and Renewables Group published a report titled “Bitcoin and the […]