Sam Bankman-Fried is Released on a $250 Million Bond –

Sam Bankman-Fried is Released on a $250 Million Bond –

Sam Bankman-Fried was granted bail with strict conditions that limit his movement and financial activities. The 30-year-old is banned from starting any business and must seek approval for transactions exceeding $1,000. Bankman-Fried’s bail comes hours after his close associates pleaded guilty to criminal charges. Former FTX CEO Sam Bankman-Fried, who was accused of defrauding investors … Read more

Ankr Blames $5 Million Exploit on Former Employee – Bitnation

Team Finance

Ankr previously acknowledged that a stolen deployer key that was used to update the protocol’s smart contracts was behind the attack. However, it did not reveal how the deployer key was obtained at the time. The Ankr team, which on December 1 suffered a $5 million hack, has announced on its website that a former employee was responsible for … Read more

Kenya-Based Bitcoin Mining Company Raises $2 Million in Seed Investment Led by Jack Dorsey-Owned Firm – Mining Bitcoin News

Gridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments company owned by Twitter founder Jack Dorsey, and Stillmark. The bitcoin mining firm is reportedly planning to use the capital raised to fund its expansion into other African countries. Using Revenue Generated From BTC Sales … Read more