Business
Lawyers for the former FTX CEO claim he has struggled to concentrate during his trial because of a lack of access to his prescribed medication.
Sam Bankman-Fried’s defense team tried to pin down Zac Prince, but he deflected thorny questions and was a credible witness for the prosecution.
Last year, CertiK raised $148 million at a $2 billion valuation from notable investors that included SoftBank Vision Fund and Tiger Global.
Ardoino succeeds Jean-Louis van der Velde in December but will continue as chief technology officer of Bitfinex and chief strategy officer for Holepunch.
Ethereum
Only 223 validators are in the queue to stake Ethereum – a significant decline from the 96,600 in line a few months ago.
The entity behind LUNA is seeking to compel Citadel Securities to release trading data around the time of UST’s depeg.
After Caroline Ellison finished her three-day-long witness testimony, prosecutors introduced two more witnesses, one of which educated the jury about the acronyms “FUD” and “YOLO.”
The former executive of the bankrupt crypto platform is accused of fraud, operating a massive commodity pool scheme and falsely claiming consumer deposits were FDIC insured.
Regulation
Under cross-examination, Caroline Ellison acknowledged that she had been absent for long stretches while serving in her role at FTX’s trading arm.
The blockchain’s inventor published a blog post last month outlining several potential pathways for the protocol’s evolution.