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Saudi Investors Barred from FTX’s Anthropic Stake Sale Over National Security Concerns

AI startup Anthropic will not accept investments from Saudi Arabia in the sale process of 8% of its shares as part of FTX's bankruptcy proceedings.Executives at Anthropic have cited these concerns as the reason for ruling out Saudi Arabian involvement, as reported by CNBC.Bankman-Fried,...

, by Ruholamin Haqshanas

LayerZero CEO Accuses Kyle Davies of Seeking Full Treasury Allocation Before 3AC’s Collapse

LayerZero co-founder and CEO Bryan Pellegrino accused Kyle Davies, co-founder of the now-defunct Three Arrows Capital (3AC), of trying to persuade his firm to transfer its entire treasury shortly before the liquidation of 3AC on March 21. Pellegrino made the allegation in an X post as a response...

, by Jimmy Aki

How Many Years Will Sam Bankman-Fried Get In Prison, Really?

Set to be sentenced next week, disgraced FTX founder Sam Bankman-Fried is facing charges that carry a total maximum penalty of over 100 years in prison - but what sentence will he actually get?In the defense’s sentencing recommendation released late last month, Bankman-Fried’s camp...

, by Julia Smith

Trezor Clarifies Security Breach: Phishing Attack Identified as Cause of Compromised X Account

SatoshiLabs, the company behind Trezor hardware crypto wallets, announced on March 21 that the recent compromise of its X (formerly Twitter) account resulted from a phishing scam and not a SIM-swap attack as earlier suspected. The hardware wallet also shared that only its X social media account...

, by Jimmy Aki

Worldcoin Orb Software Goes Open-Source — What Does it Mean for User Data Privacy?

The Worldcoin Orb has open-sourced some of its eyeball-scanning technology in a bid by founders to verify its claims to data privacy, according to a Friday blog post. Developers can now review the software components of the Worldcoin Orb on Github, where it has been made publicly available under...

, by Andrew Throuvalas

Parallelized EVMs May Solve Blockchain Trilemma, But It’s Risky Business

Data from Fortune Business Insights predicts that the global blockchain technology market size will reach $469.49 billion by 2030. Although the potential behind blockchain technology is huge, a number of setbacks may hamper adoption however.For instance, the “blockchain trilemma”...

, by Rachel Wolfson

Class Action Suit Against Silvergate Bank Over FTX Fraud Allegations Moves Forward After Judge’s Ruling

FTX users are suing the now-defunct Silvergate by claiming it abetted FTX and its affiliated trading firm Alameda Research to commit a historic fraud. Here's the latest.

, by Tim Hakki

Best Crypto to Buy Today March 22 – APT, ICP, FTM

As Bitcoin (BTC) continues to struggle in the face of continued elevated outflows from Grayscale’s Bitcoin Trust ETF (GBTC), traders hunting for quick returns are parsing through the altcoin markets for the best crypto to buy today. After popping momentarily above $68,000 on Wednesday...

, by Michael Davis

Unabomber Prosecutor to Conduct FTX Probe Into Law Firm Sullivan and Cromwell’s “Conflicts of Interest”

Unabomber prosecutor Robert J. Cleary has been given the green light by a U.S. bankruptcy judge to probe law firm Sullivan and Cromwell’s potential conflicts of interests in relation to FTX, according to a Wednesday court filing.What Will Cleary Find in FTX Probe?Cleary’s appointment by...

, by Julia Smith

Max Howell, Founder of Tea Protocol, on Unlocking the Open-Source Economy, Measuring the Impact of Blockchains, AI, and Incentivizing Developers | Ep. 319

Max Howell, the founder of the decentralized technology protocol tea Protocol, sat down for a chat with Cryptonews' Matt Zahab.

, by Sead Fadilpašić

US DOJ Files Lawsuit Against Apple Over Unfair Rules Targeting Crypto Apps

The DOJ has filed a civil antitrust lawsuit against Apple, accusing it of monopolizing or attempting to monopolize smartphone markets.

, by Hassan Shittu

Security Vulnerability in Apple’s M-Series Chips Puts Mac Users’ Crypto Private Keys at Risk

Researchers have found a vulnerability in Apple's M-series chips that compromises the security of crypto private keys stored on Mac computers.

, by Ruholamin Haqshanas

San Diego Federal Court Denies Silvergate’s Dismissal Motion in FTX Fraud Case

The San Diego federal court has ruled that Silvergate Bank must face a class-action lawsuit filed by FTX users, which alleges that the bank aided the exchange and Alameda Research in fraudulent activities.

, by Hassan Shittu

ARK Invest Sells Another $35 Million Worth of Coinbase Shares as Stock Gains Over 50% YTD

ARK Invest, known for its involvement in the spot Bitcoin exchange-traded fund (ETF) market, has decided to cash in on its Coinbase shares as the price per share climbed above $270.

, by Ruholamin Haqshanas

CryptoPunks Recent NFT sale Breaks Record, Sold for 4,850 ETH or $16.4M

CryptoPunks non-fungible token (NFT) on the Ethereum blockchain saw a record-breaking sale of one of its nine Alien Punks. On Wednesday, an anonymous collector purchased CryptoPunks #7804 for 4,850 ETH, or $16.38 million. This marks the second-largest CryptoPunks sale, both in terms of ETH...

, by Sujha Sundararajan

JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction

Analysts at JPMorgan Chase and Co. have cautioned that the recent Bitcoin decline may have more room to run, Bloomberg reported Friday.

, by Ruholamin Haqshanas

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