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Nishad Singh testifies on Sam Bankman-Fried’s ‘excessive’ investments through Alameda

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The former FTX engineering director reportedly testified that SBF would “unilaterally spend Alameda’s money” and was “ultimately” in charge of the firm rather than Caroline Ellison.

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Underdog taps zerohash to bring crypto deposits to prediction markets

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The new funding option, expected to launch later this year, will allow eligible Underdog users to deposit digital assets around the clock.

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Coin Market

Irish cenbank fines Coinbase arm $3.6M for oversight, safeguard failures

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According to the Central Bank of Ireland, Coinbase Ireland had agreed with the facts around the enforcement action and will be subject to fines and sanctions upon approval by a high court.

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Bitcoin hashrate hits seven-month high as AI shift fails to ease mining competition

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According to BlocksBridge, Bitcoin’s mining difficulty is rising despite the industry’s AI transition, with smaller operators potentially absorbing equipment abandoned by larger competitors.

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