SBF Says FTX ‘Was Never Insolvent’ in Interview; Crypto Community Calls It Spin

In a new prison interview with the conservative X account @amuse, Sam Bankman-Fried argues FTX “was never insolvent,” contending assets exceeded liabilities at filing and that bankruptcy professionals destroyed value instead of preserving it. SBF Faults Lawyers, Regulators in New Interview—Skeptics Cite User Funds and Risk In the interview—titled “FTX Was Never Insolvent: My Prison … Read more

CLAPS Crypto Casino Launches Mafia-Themed Gamification System

This content is provided by a sponsor. Online crypto casino CLAPS has introduced a new gamification model based on a mafia hierarchy. The system includes ranks, missions, badges, and an internal currency that can be used in a bonus store. Players start as Newcomer and can progress through several levels to reach The Godfather. Mafia … Read more

Bitcoin Tanks and Stocks Stumble as China Accuses US of Spreading ‘Misunderstanding and Panic’

The leading cryptocurrency’s price fell below $108K on Thursday afternoon as friction between the world’s two largest economies intensified. Bitcoin Tanks, Stocks Bleed, After China Wags Finger at US Just a day after U.S. Treasury Secretary Scott Bessent declared “This is China versus the world,” in response to Beijing’s expansion of its rare earths export … Read more

Bitcoin’s Hashrate Nears Peak as Mining Difficulty Finally Eases

Bitcoin miners finally caught a breather at block height 919,296 as mining difficulty eased up for the first time since June. The difficulty dipped 2.73%, landing at a still-hefty 146.72 trillion. After Brutal Months, Bitcoin Miners Breathe Easier With 2.73% Difficulty Cut With bitcoin prices sliding amid the difficulty cranking up to 150.84 trillion, miners … Read more

Australia Targets Crypto ATM Abuse With New Student Visa Data Rules

The Australian government says it will intensify its crackdown on money laundering involving international students and crypto ATMs. Banks to Gain Access to Student Visa Status The Australian government has announced plans to intensify its scrutiny of international students allegedly exploited by criminals to launder money through crypto automated teller machines (ATMs). Under new immigration … Read more

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