Crypto News
Samourai Wallet’s Lawyers Say Prosecution Suppressed Critical Evidence, Call for Dismissal
Lawyers for Samourai Wallet have accused the prosecution of suppressing critical evidence in its case against the mixing service’s co-founders, calling for a hearing to determine whether the case should now be tossed out in light of the alleged Brady violation.In a Monday court filing, lawyers for Samourai Wallet told Judge Richard Berman of the Southern District of New York (SDNY) that in August 2023 — six months before prosecutors charged Keonne Rodriguez and William Lonergan Hill with one count each of conspiracy to commit money laundering and conspiracy to operate an unlicensed money transmitting business — the Financial Crimes Enforcement Network (FinCEN) told prosecutors that, under their guidelines, Samourai Wallet didn’t qualify as a money transmitting business and did not need...
Solana Patches Bug That Could Have Allowed Attackers to Mint and Swipe Tokens
The Solana Foundation disclosed that validators quietly patched a major bug, avoiding a potentially catastrophic exploit.Source link
BitcoinOS Completes First Bridgeless Cross-Chain BTC Transfer Between Bitcoin and Cardano
BitcoinOS reports that it has successfully executed the first-ever bridgeless cross-chain transfer of bitcoin, moving 1 BTC between the Bitcoin and Cardano blockchains without relying on traditional intermediaries. Bridgeless Era Begins: BitcoinOS Transfers BTC to Cardano Using ZK Proofs The demonstration, conducted on mainnet, marks a pivotal advancement in blockchain interoperability. By wrapping 1 BTCSource link
Reflections on Those MSTR Bitcoin ‘Earnings’
MSTR earnings came out May 1. My morning media stops last Thursday (here and here) asked for a preview. We don't talk about stocks, so I planned to zoom out and hit themes. While preparing, I had to suppress the eye-roll reflexes that MSTR triggers.MSTR, of course, is the ticker symbol for MicroStrategy, or Strategy, as the company is now known. Strategy, fronted by Michael Saylor, pioneered the “bitcoin treasury” model that’s now been copied by Metaplanet and dozens of other companies. Strategy plans to raise $84 billion, according to its most recent announcement, across equity and fixed income instruments. Here are three questions:1. Earnings? MSTR "earnings" and "price targets" are... Well, they don't really mean the same thing, especially...
‘It’s Not Fun’: Binance Founder CZ Recounts Prison Experience
Changpeng “CZ” Zhao, founder of Binance, reflected on his prison experience and how it brought him closer to his family.Source link