SBF lawyers again plead for temporary release during trial with less than 1 week to go

According to a recent court filing, the defense team for FTX founder Sam Bankman-Fried has renewed their request for his temporary release during the upcoming trial, citing difficulties preparing an adequate defense under current restrictions. As the letter to Judge Kaplan explained, Bankman-Fried’s knowledge and participation are indispensable in reviewing the thousands of pages of The post SBF lawyers again plead for temporary release during trial with less than 1 week to go appeared first on CryptoSlate.

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Amazon invests $4B in OpenAI alumni Anthropic, launching AI cloud war with Microsoft and Google

Amazon has reportedly agreed to invest up to $4 billion in Anthropic, an artificial intelligence startup, as the e-commerce giant ramps up competition with Microsoft, Meta, Google, and Nvidia in the burgeoning AI sector. According to TechCrunch, the massive investment underscores Amazon’s aggressive expansion into generative AI. Initially, Amazon will inject $1.25 billion for a The post Amazon invests $4B in OpenAI alumni Anthropic, launching AI cloud war with Microsoft and Google appeared first on CryptoSlate.

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Vitalik Buterin sees crypto utility growing in developing world, wary of CBDCs, exchanges

According to an interview with CNBC, Ethereum co-founder Vitalik Buterin believes cryptocurrencies currently provide the greatest utility in emerging economies. While developed nations often view crypto as a speculative investment, Buterin claims its most meaningful use cases exist in lower-income countries. As CNBC reported, Buterin told them that crypto helps provide developing nations with essential The post Vitalik Buterin sees crypto utility growing in developing world, wary of CBDCs, exchanges appeared first on CryptoSlate.

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Nansen Warns Of Potential Phishing Attacks Following Vendor Security Incident Exposing Customer Data

Crypto analytics platform Nansen has revealed that a bad actor accessed its admin system to provision customer accounts. On Sept. 20, a security breach by one of Nansen’s third-party vendors led to compromised customer access, underscoring the ever-present digital risk, particularly in the continually evolving arena of blockchain technology and cryptocurrency. According to a post The post Nansen Warns Of Potential Phishing Attacks Following Vendor Security Incident Exposing Customer Data appeared first on CryptoSlate.

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Bitcoin Has Potential To Create ‘Energy-Abundant Future’ New Report Concludes

The growing intersection of Bitcoin and the energy industry is unveiling various unexpected opportunities that could potentially facilitate global energy transition, according to a report by Dylan Campbell and Alexander Larsen of IRM Energy and Renewables Group (SIG). The authors of the new paper entitled “Bitcoin and the Energy Transition: From Risk to Opportunity” argue The post Bitcoin Has Potential To Create ‘Energy-Abundant Future’ New Report Concludes appeared first on CryptoSlate.

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