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Gryphon Digital seeks court dismissal of Sphere 3D’s lawsuit

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Gryphon Digital is requesting dismissal from a suit filed by its former partner Sphere 3D over a scam-related Bitcoin transfer. According to Gryphon, the incident was caused by Sphere’s security failures.

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Judge rejects new trial for former FTX CEO Sam Bankman-Fried

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A federal judge slammed Sam Bankman-Fried’s request for a new trial as seemingly “a plan to rescue his reputation,” denying the former FTX boss’s request.

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Coin Market

Bitcoin rally falters as AI industry weakens and CLARITY Act approval odds fall

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Bitcoin’s dip below $76,000 was driven by an AI sector sell-off and investors’ worries about slowed progress in the CLARITY Act negotiations.

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RedStone launches settlement layer to address RWA liquidity gap in DeFi lending

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A new system targets the mismatch between fast DeFi liquidations and slow asset redemptions, a key barrier to the use of tokenized assets in lending markets.

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