SBF Sentenced To 25 Years In Prison
Ethereum Developers Investigate Transaction Finality Disruption, Cheating CoD Players Targeted With Malware
Welcome to Coinfeeds Daily Digest! FTX founder Sam Bankman-Fried was sentenced to 25 years in prison after being convicted on 7 counts that include fraud and conspiracy. Google has added several major networks to its wallet search feature that started with just Ethereum, where Bitcoin, Arbitrum, Polygon, and Avalanche addresses are now available in search. Ark's Bitcoin ETF has hit a $200 million daily inflows milestone, and Avalanche has launched a 12 week accelerator 'Codebase' for native startups. Also, Call of Duty players who cheat have been faced with Bitcoin-stealing malware from hackers, and the Ethereum network has had a temporary transaction finality disruption that the devs are investigating.
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FTX's Sam Bankman-Fried Sentenced to 25 Years in Prison
Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has been sentenced to 25 years in prison. U.S. District Judge Lewis Kaplan delivered the sentence after Bankman-Fried was convicted on seven criminal counts, including fraud and conspiracy. The charges stem from Bankman-Fried's role in orchestrating a massive fraud that misled users of the FTX platform, ultimately leading to its spectacular collapse. | Read More
Google Expands To Wallet Searches For Bitcoin, Arbitrum, Fantom, Others
Initially, Google provided support for Ethereum wallet balance searches, allowing users to check their Ether holdings by simply inputting their wallet addresses into the search bar. Building on this functionality, Google has now extended its support to include a variety of other prominent blockchain networks such as Bitcoin, Fantom, Arbitrum, Avalanche, Optimism, and Polygon. | Read More
Malware Reportedly Targets Call of Duty Cheaters, Stealing Their Bitcoin
Gamers who use cheat codes and software enhancements in "Call of Duty" have found themselves the targets of a sophisticated malware attack. This attack not only compromised their gaming accounts but also led to the theft of their Bitcoin holdings. The malware, cleverly disguised, reportedly affected hundreds of thousands of players. | Read More
Ethereum Network Disrupted By Temporary Transaction Finality Glitch
The Ethereum mainnet encountered a technical hiccup involving missing blocks, a situation that has since spurred an investigation by Ethereum developers. This incident, which was first brought to light by beaconchain.eth, revealed that the network was experiencing difficulties over several epochs, a term used to describe a division of time specific to blockchain operations. | Read More
Avalanche Launches 12-week Accelerator Program 'Codebase'
The inaugural cohort of the Codebase accelerator program comprises 15 promising startups chosen from nearly 250 applications spanning over 30 countries. This diverse group of early-stage web3 companies will benefit from a comprehensive package of support, including funding ranging from $500,000 to $1 million. | Read More
ARK 21Shares Bitcoin ETF Hits $200M in Daily Inflows
The ARK 21Shares Bitcoin ETF (ARKB), a collaborative effort between Cathie Wood's ARK Invest and 21Shares, has achieved a remarkable milestone. For the first time since its inception, ARKB has seen daily inflows surpass the $200 million mark, reaching a total of $200.7 million in a single day. ARKB's success places it alongside other big Bitcoin ETFs like BlackRock's IBIT and Fidelity's FBTC. | Read More