Senators Ruben Gallego and Cynthia Lummis came forward with a resolution to ban a pardon, amnesty and any other reduction of sentence for former FTX exchange CEO Sam Bankman-Fried. They stated that he did not deserve release and pointed to the absence of any signs of remorse. As a reminder, Bankman-Fried filed an official pardon request with the administration of the U.S. president…

Former FTX CEO Sam Bankman-Fried (SBF) has allowed for the launch of his own coin after he gets out of prison. New York Magazine writes about this, citing the entrepreneur's cellmates and acquaintances. When former inmate David Bunevacz asked SBF about his plans after release, he replied that "making serious money will require between $50 million and $100 million." The businessman…

Investment company VanEck has published an analysis of the transformation of bitcoin miners into infrastructure providers for artificial intelligence and high-performance computing (HPC). Analysts concluded that the market increasingly values mining companies not as a cryptocurrency business but as operators of data centers for AI. However, between the ambitious…

Propr is the first full-fledged on-chain prop firm built on Hyperliquid. The project lets experienced traders get up to $100,000 in trading capital under management without risking their own funds (apart from the cost of entering the challenge). The main feature is full transparency. All trades are executed on the Hyperliquid blockchain and can be verified through…

Snap Inc. has unveiled SPECS — a portable computer in the form of augmented reality glasses. The device is already available for pre-order at a price of $2,195.