Crypto News
FTX Founder Sam Bankman-Fried Should Get Up to 50 Years in Prison, $11 Billion Fine: DOJ
The U.S. Department of Justice set out its sentencing recommendations Friday after FTX founder Sam Bankman-Fried was found guilty last year.Source link
Ethereum Rollups Start Reaping Dencun Benefits: 99% Fee Drops Reported in Some Cases
Ethereum rollups, the layer 2 scaling structures, have started reaping the benefits of the recently applied Dencun upgrade. The update, which included EIP-4844, also known as Proto-Danksharding, has allowed transaction fees to decrease by 99% in some cases, with Arbitrum, Base, Optimism, and Starknet becoming cheaper across the board. Ethereum Dencun Upgrade Reduced Rollup FeesSource link
Starbucks Is Shutting Down Its Odyssey NFT Rewards Program—Will It Return?
Starbucks Odyssey is shutting down this month, and it's unclear whether the Polygon-based NFT rewards program will be revived.Source link
Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says
Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on fraud and conspiracy charges tied to the collapse of what was once one of the world's largest crypto exchanges.Source link
Bitcoin SV Down 22% Since Court Ruled Craig Wright Isn’t Satoshi
BSV fell hard after the UK courts declared Wright not to be Satoshi Nakamoto, but the BSV faithful remain defiant.Source link