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Share link:In this post: The Second Circuit has scheduled the appeal hearing for Sam Bankman-Fried for the week of November 3, 2025. Sam Bankman-Fried was convicted on November 3, 2023, and sentenced to 25 years in prison on March 28, 2024. The founder of the defunct FTX exchange filed an appeal on September 13, 2024.
Share link:In this post: Elon Musk revealed that senior Meta engineers have moved to xAI without needing “insane” initial compensation, trusting in the company’s long-term potential. While Meta has tried to lure AI talent, offering up to $100M packages, some candidates, including OpenAI and Anthropic researchers, have declined, citing mission-driven motives and organizational agility. xAI’s fast rollout of 10 tools in under two years has impressed observers, as major players like Meta, OpenAI, Google, and
Share link:In this post: Charles Hoskinson clarified that the Cardano Treasury will not be used to pay exchange listing fees for projects like SNEK or Midnight. The statement was made in response to SNEK’s proposal to withdraw 5 million ADA for a Tier 1 exchange listing. Hoskinson emphasized that all projects must self-fund their listings, regardless of community support or strategic value.
Lido DAO is under pressure from all sides—shrinking ETH staking share, internal restructuring, and rising withdrawal demand—marking a pivotal moment in its role within Ethereum’s evolving ecosystem.
- 19:07Bank reserves decline, suggesting the Federal Reserve may be nearing the end of balance sheet reductionChainCatcher news, according to Golden Ten Data, funding pressures in the U.S. money market remain elevated, and the Federal Reserve's bank reserves are gradually decreasing, indicating that the Fed may be approaching the end of its balance sheet reduction. Since early September, the overnight funding market between banks and asset management companies has been volatile, and ultra-short-term interest rates remain high. The latest data shows that bank reserves have dropped to just below $3 trillion, the lowest level since January.
- 19:04UAE family office Kanoo Group announces it is buying BitcoinJinse Finance reported, citing market sources: The Kanoo Group, a UAE family office with $20 billion in assets under management, has just announced that it is buying bitcoin (BITCOIN).
- 19:03Opinion: Bitcoin Pullback May Help Reset Market LeverageJinse Finance reported that, according to Glassnode, as Bitcoin broke through previous highs, traders increased their long positions, causing a sharp rise in BTC futures open interest. The current pullback is testing the resilience of these long positions and is helping to reset market leverage. Going forward, two signals should be closely monitored: when and where buying power steps in, and whether key support levels can reignite market demand.