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FTX Founder Sam Bankman-Fried's Bail Request Rejected Ahead of Trial


A US court has denied Sam Bankman-Fried's request for release on bail before his trial, which is scheduled to begin next month.  On Thursday, an appeals court upheld the decision to keep the disgraced founder of FTX locked up ahead of his trial.  "We reject [Bankman-Fried's] contention that...

Here’s How FTX Founder Sam Bankman-Fried’s Trial May Play Out


FTX founder and onetime CEO Sam Bankman-Fried will stand trial in just under two weeks to defend himself against allegations he deliberately committed fraud and conspired to defraud crypto investors and customers in FTX and Alameda Research. CoinDesk spoke to several legal experts about how...

What Are Rollups? Ethereum’s Main Scaling Solution Examined


Rollups are structures that have been designed as a way of scaling Ethereum’s capacity to process transactions and data. They group a bunch of tasks and compute them offchain, only posting the result of these transactions to Ethereum, allowing more data to be piled up on L1 (layer one)....

Biggest Movers: TON Hits 7-Month High, After Rising 50% in the Last Week


Toncoin rallied to a fresh seven-month high on Tuesday, as Telegram founder Pavel Durov revealed more details about its recent partnership with the blockchain. Generally, the crypto market cap has been higher in the past days, mostly in anticipation of Wednesday’s Federal Reserve interest rate...

Softbank Looking to Invest Billions in AI After Pausing Crypto Investments


Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank founder and chief executive officer Masayoshi...

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