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US lawmakers warn against presidential pardon for Sam Bankman-Fried

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The former FTX CEO is currently serving a 25-year sentence after being found guilty on seven felony charges related to the misuse of customer funds.

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MegaETH parent cuts 20% of staff amid restructuring, AI push

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MegaETH co-founder Shuyao Kong said the restructuring affected employees who helped build the project’s blockchain, wallet and ecosystem.

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Bitcoin ETFs shed $2.35B in two weeks as BlackRock’s losing streak hits 11 sessions

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US spot Bitcoin ETFs recorded $185.4 million in net outflows Friday, with BlackRock’s IBIT accounting for $143.5 million and Fidelity’s FBTC shedding $41.9 million.

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Adam Back makes case for simpler security as Blockstream launches Bitcoin custody system

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Blockstream’s new custody system, developed with Thales, uses dedicated hardware for transaction signing as Adam Back advocates for offline security to reduce cyber risks.

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