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Sam Bankman-Fried Leverages Law Firm Advice for FTX Fraud Defense


Sam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX, is preparing to argue that he relied on the advice of Silicon Valley law firm Fenwick & West in his defense against fraud charges.  On Tuesday, his lawyers requested that prosecutors turn over documents that were provided...

Report: Global Blockchain Gaming Market to Reach $300 Billion by 2030


The global blockchain gaming market will grow significantly during the next seven years and is expected to reach a market cap of $301.53 billion by 2030, according to a report issued by markets and intelligence firm Grand View Research. The “Blockchain In Gaming Market Size” report...

Cybersecurity Firm Unciphered Hacks Popular Trezor T Crypto Wallet


The US-based cybersecurity firm Unciphered claims to have successfully hacked into a Trezor T hardware crypto wallet by exploiting a hardware vulnerability. The breach of the popular hardware wallet was made possible by physically taking apart the device using highly specialized tools. The...

Connecticut Banking Regulator Fines Crypto ATM Operator Bitcoin of America


According to the Connecticut Department of Banking, commissioner Jorge Perez revealed that the regulator has reached a settlement with the crypto automated teller machine (ATM) and kiosk operator Bitcoin of America. As part of the settlement, Bitcoin of America will pay $86,000 in restitution,...

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