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Math Olympian in Shadow of John Nash Tries to Solve Blockchain, AI Trust Dilemma

Hyperbolic, the two-year-old startup focused on decentralized AI computing, said that it is introducing a protocol called “Proof of Sampling,” aimed at addressing challenges with trust in decentralized AI...
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Grayscale Parent Digital Currency Group Reports $229M Revenue for Q1

Grayscale, which converted its flagship Grayscale Bitcoin Trust into an ETF in January, saw revenue stay flat as rising crypto prices balanced out heavy outflows and a lower management...
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Binance Fired Investigator Who Uncovered Market Manipulation at Client DWF Labs: WSJ

A Binance team found that "VIP" clients – those trading more than $100 million per month – were engaging in pump-and-dump schemes and wash trading, the Wall Street Journal...
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Former Cred Executives Indicted on Wire Fraud, Other Charges

The defunct crypto lender filed for bankruptcy in 2020.
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BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Conspiracy Charge

Vinnik was first arrested in 2017, but faced a lengthy extradition process that saw him spend time in Greece and France before being sent to the U.S.
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Binance Nigeria Money Laundering Trial Delayed to May 17, Gambaryan Family Spokesperson

Binance's lawyer needed more time to look at evidence, outlets reported.
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How CZ’s ‘Good Guy’ Reputation Secured 4-Month Prison Sentence

Judge Richard Jones said he spent the weekend pouring over the voluminous letters of support for the ex-CEO of Binance until the book they were contained in literally fell...
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CZ Sentencing Letters Paint Former Binance CEO as Devoted Family Man, Friend

161 letters from CZ’s friends and loved ones poured into the court ahead of his sentencing on Tuesday.
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Movement Labs Raises $38M For Rollup Based on Facebook’s Move Language

Movement's 21 and 24-year-old co-founders say they are on a mission to "make blockchain security sexy" with the launch of their L2.
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Renzo Restaked ETH Suffers a Brief Crash on Uniswap

Renzo Restaked ETH Suffers a Brief Crash on Uniswap

The sell-off was likely catalyzed by users looking to reclaim their ETH in low liquidity conditions and large liquidations of ezETH-collateralized positions.
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