FTX co-founder Sam Bankman-Fried has appealed his 25-year prison sentence, arguing he was “presumed guilty” following the 2022 collapse of the exchange. His lawyers told the appeals court that media pressure, prosecutors, FTX’s new management, and Judge Lewis Kaplan all contributed to a rush to judgment that led to a wrongful conviction. https://t.co/AFmhSfwOFk ...

VC Monthly Report in October: there were 75 crypto VC funding deals, representing a 21% increase month-over-month but a 25% decrease year-over-year. The total funding amount reached $4.56 billion, down 11% from the previous month but up 484% year-over-year. Read more https://t.co/LJfaFkhBP1 ...

Binance founder CZ said he is “always buying the top,” recalling that his 2014 BTC purchase at $600 fell to $200 within a month and that his 2017 BNB buy also dropped 20–30%. He revealed he added more Aster yesterday but warned investors about market risks, adding that he will no longer disclose future buys to avoid influencing prices. https://t.co/0GxWeoI1IfWu Blockchain (@WuBlockchain):Binance founder CZ tweeted that he used personal funds to buy some ASTER tokens, emphasizing he is not a trader but a hol ...

DL News reported that Apriori, a trading infrastructure project backed by YZi Labs, suffered a suspected sybil attack, with 80% of its airdrop claimed by 5,800 linked wallets created before eligibility rules were announced, raising leak concerns. The APR token has dropped 60% from launch to a $93M market cap. https://t.co/IiDrjjwDVA ...

Hyperliquid Founder: Not Focusing on Competitors, Only Dedicated to Building the FutureHyperliquid founder Jeff Yan stated in an interview with TBPN on October 22 that, facing competition from centralized exchanges and emerging DeFi platforms, the team almost never pays attention to competitors. He said that Hyperliquid's goal is not to capture market share, but to build a completely new financial infrastructure, allowing global trading to occur naturally on decentralized networks. He emphasized that the tr ...

Cryptocurrency ETF Flows - Bitcoin spot ETFs recorded net outflows of $187 million, marking the fourth consecutive day of outflows [1] - Ethereum spot ETFs experienced net outflows of $136 million, also extending to a fourth straight day [1] - Solana spot ETFs posted net inflows of $7005 million, marking a fifth consecutive day of inflows [1]

According to CryptoQuant CEO Ki Young Ju, South Korea’s stock index KOSPI has hit an all-time high, while trading volume on Korean crypto exchanges has dropped to a record low. He agreed with an analyst suggesting that the South Korean president is actively boosting the stock market to divert speculative activity away from real estate, and, facing multiple legal charges, is also trying to increase his public approval.https://t.co/4esQgLggVH ...

Vitalik Buterin said that modexp (the modular exponentiation precompile) is currently the most ZK-EVM-unfriendly component, being up to 50 times more complex than average blocks. He suggested introducing a new EIP to replace it with computationally equivalent EVM code, even if this increases gas costs. Vitalik noted that modexp is mainly used for RSA encryption and signing, which can instead be handled through SNARK-based solutions.https://t.co/3e5niUC9uk ...

Stream Finance reported that its external fund manager disclosed a loss of around $93 million in Stream Fund assets. The project has hired Perkins Coie LLP attorneys Keith Miller and Joseph Cutler to conduct a full investigation and is withdrawing all liquid assets. All deposits and withdrawals are temporarily suspended until the scope and cause of the loss are determined. Earlier, its staked stablecoin XUSD depegged, falling 22.6% in 24 hours.https://t.co/DQdXmsNBWT ...

Sonic stated that due to the recent Balancer hack involving its ecosystem project Beets, the team has deployed a security mechanism to be implemented in the upcoming network upgrade. Two hacker-related wallets (0xf19f, 0x0453) have been frozen pending investigation, and Sonic will work with the Beets team on follow-up actions.https://t.co/Ll9GRt5ueb ...