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View More NewsIn brief The U.S. Senate has unanimously passed a resolution stating that FTX founder Sam Bankman-Fried should “under no circumstances” receive executive clemency, including a pardon or commutation. The bipartisan measure was led by Senators Cynthia Lummis (R-WY) and Rubén Gallego (D-AZ), the top members of the Banking Committee’s digital assets subcommittee. The resolution is symbolic and doesn’t limit the president’s constitutional pardon power; Bankman-Fried, convicted in 2023, isn’t eligible for release until 2044. The U.S. Senate has unanimously declared that Sam Bankman-Fried should never win clemency, passing a resolution on Wednesday that says the convicted FTX founder should “under…
In brief OFAC sanctioned multiple wallets tied to Iran’s central bank and the Iranian armed forces on Tuesday, resulting in Tether freezing over $131 million across four addresses on the Tron blockchain. On-chain analysts tracked the frozen funds to prior withdrawals from DTC Pay and Bitso. The Treasury separately sanctioned seven individuals and entities involved in a global Iranian weapons procurement network. The U.S. Treasury’s Office of Foreign Assets Control sanctioned multiple cryptocurrency wallets tied to Iran’s Central Bank and the Islamic Revolutionary Guard Corps on Tuesday, with stablecoin issuer Tether freezing over $131 million across four addresses on the…
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Four years ago, a colleague asked me whether I could chair a debate with some guy called ‘Gary Stevenson’, who was, apparently, an anti-inequality campaigner and a YouTube commentator of some description. I had never heard of Stevenson, but accepted. The debate went all right, even though it was mostly a case of talking past each other (which, given that I was the moderator, was probably my fault). It was otherwise not especially memorable. Britain does not exactly have a shortage of left-wing media figures and activists. In the first half of the 2010s, there was the campaign for a…
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Coinbase’s Jesse Pollak said he is stepping back from leading the Base app after acknowledging that his bet on an onchain social economy failed…
Researchers at Stanford University and Singapore Management University found that Polymarket’s five-minute Bitcoin prediction markets create incentives for traders to manipulate spot prices around…
In brief PrismML’s Bonsai 27B is a 27-billion-parameter AI model compressed to 3.9 GB—small enough to run on an iPhone 17 Pro Max at…
Oura Rings, Garmin GPS fitness watches, Apple Watches, Whoop bands—every year, more and more tech devices are promising to monitor our health and fitness,…
Hyperliquid (HYPE), a decentralized trading platform that began as a crypto perpetual futures exchange less than three years ago, is increasingly being viewed by…
In brief Prompt injection is the number one security risk for AI applications. The attack works by tricking a chatbot into following an attacker’s…
Last November, six members of Congress, all Democrats, posted a video that reminded U.S. military personnel of their duty to “refuse illegal orders.” That…
XRP funds are getting the bid that bitcoin and ether ETFs are missing.U.S.-listed spot XRP ETFs posted $11.88 million in net inflows on May…
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Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive trading days, with total net redemptions exceeding $2.97 billion since May 15, a…
The Bitcoin treasury company space is becoming more divided between firms with actual financial strategies and those leaning more on promotion, according to one…
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