Crypto

Oral arguments have begun in Manhattan as Sam Bankman-Fried has pursued a new trial, claiming judicial bias during proceedings that led to his FTX fraud conviction. Former colleagues have testified, and his sentence has stood while the appeal has moved forward. The post Former FTX CEO Sam Bankman-Fried Seeks New Trial Nearly Two Years After Fraud Conviction appeared first on Cryptonews.

The partnership will place key FTSE Russell and Russell index data on blockchains, expanding public access to reliable market information. Global index provider FTSE Russell has partnered with Chainlink to publish its benchmark equity and digital asset indexes onchain, highlighting how blockchain technology is being used to deliver institutional-grade market data. On Monday, Chainlink announced that data for the Russell 1000, Russell 2000 and Russell 3000 small-cap indexes, the FTSE 100 Index and several digital asset benchmarks will be made available across multiple blockchains via DataLink, an institutional-grade publishing service powered by the oracle network. The Russell indexes, widely used as benchmarks for US small- and mid-cap stocks, are tracked by more than $18 trillion in assets globally. Read more

The inquiry has found CZ associations and Apriori wallet clusters in the Airdrop have claimed the bulk of APR on BNB Chain, raising questions about eligibility timing, funding patterns, and whether prior awareness has influenced distribution fairness. The post CZ-Backed Apriori Airdrop Under Fire as Wallets Made in Secret Claim 80% of Tokens appeared first on Cryptonews.

The biotech company's pivot into digital assets marks one of the largest treasury financings to date, underscoring growing institutional demand for tokenized finance. Biotech company Tharimmune has raised $540 million in private funding to launch a crypto treasury strategy and acquire Canton Coin (CC), the native token of the Canton Network. The private offering, among the largest digital asset financings to date, was led by DRW and Liberty City Ventures, with participation from ARK Invest, Polychain Capital, Kraken, and other institutional investors. The round values Tharimmune’s shares at $3.075 each. Tharimmune said the funds will be used to purchase CC tokens, support general operations, and expand its role within the Canton ecosystem. The company also plans to become a Super Validator, operating additional nodes to earn token rewards and strengthen network performance. Read more

Reports showed four security companies conducted 11 audits of Balancer’s smart contracts starting in 2021, but a bad actor was still able to drain millions in staked Ether. Many cryptocurrency traders are seeking answers after a successful exploit at the decentralized exchange and automated market maker Balancer resulted in more than $100 million in digital assets being stolen. In a Monday X post updating users on the exploit, Balancer said the incident was “isolated to V2 Composable Stable Pools and does not impact Balancer V3 or other Balancer pools.” The platform added that it had “undergone extensive auditing by top firms, and had bug bounties running for a long time to incentivize independent auditors,” calling into question how the exploit was accomplished. Read more

With the acquisition, Ripple aims to provide quickly-deployable wallets to boost fintech and corporate crypto payments, president Monica Long said in an interview.

Donut Labs says its AI-powered browser can analyze markets and execute trades on its own.

PEPE Price Prediction has detailed a 10% decline to a seven-month low, where historical support and an oversold read have preceded rebounds. Chart watchers have cited a forming reversal, HTF uptrend, and an accumulation zone pointing toward retests of prior 2024 highs. The post PEPE Price Prediction: Pepe Dips 10% Into Key Support, Can History Repeat With a 100% Rebound? appeared first on Cryptonews.

BitMine has added 82,300, bringing holdings to about 3.395M and total crypto/cash to $13.7B. The company now accounts for roughly 2.8% of circulating supply while advancing toward a 5% goal. Broader Ethereum positioning and updated ETH balances provide market context. The post BitMine Immersion’s War Chest Swells to $13.7B After Snapping Up 82,300 ETH appeared first on Cryptonews.

For years, Balancer stood as one of DeFi’s most reliable institutions, a protocol that had survived several bear markets, audits, and integrations without scandal. However, that credibility collapsed on Nov. 3, when the blockchain security firm PeckShield reported that Balancer and several of its forks were under an active exploit spreading across multiple chains. Within […] The post How 11 audits couldn’t stop Balancer’s $128 million hack redefining DeFi risks appeared first on CryptoSlate.

Falling exchange reserves from 180 million LINK to 146 million LINK indicate a collapse in structural sell pressure.

Banco Inter and Chainlink test cross-border trade finance using Brazil’s Drex and Hong Kong’s Ensemble networks in landmark blockchain pilot. Brazilian digital bank Banco Inter has completed a blockchain-based international trade finance pilot with Chainlink, the Central Bank of Brazil and the Hong Kong Monetary Authority (HKMA), showcasing how distributed ledger technology can simplify cross-border settlement. The experiment took place under Phase 2 of Brazil’s Drex central bank digital currency (CBDC) project and simulated the settlement of export transactions between Brazil’s Drex network and Hong Kong’s Ensemble platform, a blockchain system developed under the HKMA’s Project Ensemble initiative.  Chainlink provided the interoperability infrastructure connecting the two networks, according to Banco Inter. Read more

Preprint repository ArXiv is cracking down on survey papers after AI tools make it easy to mass-produce low-quality submissions that overwhelm volunteer moderators.

Nasdaq has issued a Letter of Reprimand over the Toncoin purchase and financing; TON and Strategy changes have been disclosed. The company has remained listed after staff concluded the violations were unintentional and leadership accepted the finding. The post Nasdaq Reprimands TON Strategy Over $272M Toncoin Purchase appeared first on Cryptonews.

The advocacy organization filed a brief opposing prosecutors’ arguments that two brothers presented themselves as “honest validators” to allegedly pull off a $25-million exploit. Cryptocurrency advocacy organization Coin Center has weighed in on the ongoing criminal trial of two brothers who allegedly exploited the Ethereum blockchain using maximal extractable value (MEV) bots. In a Monday amicus curiae brief — a document filed by an entity that is not a party to the case — Coin Center argued against one of the prosecutors’ key case theories involving Anton and James Peraire-Bueno. The two individuals are allegedly responsible for a $25 million MEV exploit in April 2023. According to Coin Center, the US government’s claims of “honest validation” lack merit and should be rejected by the court. Read more

Ripple has launched U.S. digital asset spot prime brokerage via Ripple Prime after closing the Hidden Road deal, providing OTC execution and cross-margining for institutions across XRP, RLUSD and more, while RLUSD has reached a $1B market cap one year after launch. The post Ripple Launches Digital Asset Spot Prime Brokerage in U.S. Following Hidden Road Acquisition appeared first on Cryptonews.

The transactions are the latest between Magnificent Seven companies and Bitcoin miner and data center firms.

Grants will now be distributed through a wishlist and requests for proposals, aligning funding with the Ethereum ecosystem’s goals. The Ethereum Foundation (EF) has overhauled its grants program, shifting from an open application model to a new funding approach under its Ecosystem Support Program. According to a blog post on Monday, grants will now be distributed through two main channels: a wishlist outlining focus areas set by the Foundation and requests for proposals (RFPs), targeting specific needs within the Ethereum ecosystem. The previous open grants program, which was paused earlier this year, stretched the Foundation’s resources, it said. The new model will take a more selective approach by coordinating with internal teams to direct funds toward defined ecosystem priorities. Read more

Volume jumped 628% as SUI sliced through key support, then bounced — without buyer conviction.

Solana funds surged with $421 million in fresh capital. Overall, crypto ETFs shed $360 million in assets.