Sam Bankman-Fried’s repeated efforts to contact witnesses and influence their testimony shows that “no combination of conditions will reasonably assure the safety of the community,” prosecutors said in a written filing calling for his bond to be revoked. Author: Nikhilesh De
Sam Bankman-Fried’s Attempts to Influence Witnesses Show He Must Be Jailed Before Trial: DOJ
Meta Hopes to Recharge Lagging Horizon Worlds Metaverse With New In-House Game Studio
The struggling platform reported losses of $3.7 billion in the second quarter, though CEO Mark Zuckerberg remains “fully committed” to the metaverse and AI. Author: Rosie Perper
Amid Sanctions, Bitcoin Mining Machines Are ‘Flowing’ Into Russia, as Industry Thrives
Mining rig makers like Bitmain and MicroBT are expanding to Russia as the U.S. market becomes saturated, source said. Author: Eliza Gkritsi
Bitcoin Bulls Should Switch to Call Options, Crypto Services Provider Matrixport Says
Lower volatility has made option prices cheaper, Matrixport’s Markus Thielen said. Author: Omkar Godbole
U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision
The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets. Author: Sam Reynolds
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