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Former SafeMoon CEO Braden Karony sentenced to 8 years for fraud tied to $9 million in misused liquidity funds. Braden John Karony, SafeMoon’s former CEO, has been sentenced to 8 years in prison for his role in a multi-million dollar crypto fraud scheme. U.S. District Judge Eric Komite handed out the judgment in a Brooklyn federal court after a jury convicted him in May 2025 following a three-week trial. Details of The Sentencing Court documents show that Karony was found guilty of conspiracy to commit securities fraud, wire fraud, and money laundering. As part of the ruling, he has been…
In brief Mark Moran is using a meme coin to help boost his long-shot Senate bid. Moran said he’s trying to motivate degens and connect with voters. The former Wall Street banker is running against a pro-crypto Democrat. Mark Moran may be fresh to politics, but the former reality TV contestant and Wall Street banker is confident that his path to Washington runs through Solana’s trenches.That’s because the 34-year-old, who is challenging incumbent Sen. Mark Warner in Virginia’s Democratic primary, recently embraced a meme coin as a way to elevate his campaign.Moran described the endeavor to Decrypt as an attempt…
Key points:Bitcoin is attempting a comeback, which is expected to face stiff resistance at the breakdown level of $74,508.Several major altcoins are attempting a recovery, signaling that lower levels are attracting buyers.Bitcoin (BTC) has risen above $68,500, as buyers attempt to form a higher low near $65,000. According to Glassnode, BTC is stuck between the true market mean at $79,200 and the realized price near $55,000. The onchain data provider expects the range-bound action to continue until a major catalyst pushes the price either above or below the range.Standard Chartered also had a muted forecast for BTC. It lowered BTC’s…
Ether holds $2,000, but may remain under pressure as traders watch corporate earnings, US government debt and growing global tensions.Key takeaways:Institutional demand for Ether is cooling as investors shift toward the safety of short-term US government bonds. High interest rates and rising ETH supply make the current staking yield less attractive for long-term holders.Ether (ETH) price has failed to sustain levels above $2,150 since Feb. 5, leading traders to fear a further correction. Investor sentiment deteriorated following outflows from Ether exchange-traded funds (ETFs) and increased demand for put (sell) options. US-listed Ether ETFs daily net flows, USD million. Source: Farside InvestorsUS-listed…
An operational AI forecasting model developed by Hertfordshire University researchers aims to improve resource efficiency within healthcare.Public sector organisations often hold large archives of historical data that do not inform forward-looking decisions. A partnership between the University of Hertfordshire and regional NHS health bodies addresses this issue by applying machine learning to operational planning. The project analyses healthcare demand to assist managers with decisions regarding staffing, patient care, and resources.Most AI initiatives in healthcare focus on individual diagnostics or patient-level interventions. The project team notes that this tool targets system-wide operational management instead. This distinction matters for leaders evaluating where…
Binance converts $1 billion SAFU fund fully into Bitcoin, buying 4,545 BTC to finish its reserve overhaul. Binance announced on Thursday that it has finished converting its $1 billion Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin, purchasing a final tranche of 4,545 BTC and bringing total holdings to 15,000 BTC. The exchange’s decision to shift its emergency insurance reserve into BTC rather than a dollar-pegged asset reversed its position from April 2024 and placed roughly $1 billion of user protection funds directly into the cryptocurrency with the largest market cap. Conversion Completed Within 30-Day Window Binance executed…
Video Friday is your weekly selection of awesome robotics videos, collected by your friends at IEEE Spectrum robotics. We also post a weekly calendar of upcoming robotics events for the next few months. Please send us your events for inclusion.ICRA 2026: 1–5 June 2026, VIENNAEnjoy today’s videos!No system is immune to failure. The compromise between reducing failures and improving adaptability is a recurring problem in robotics. Modular robots exemplify this tradeoff, because the number of modules dictates both the possible functions and the odds of failure. We reverse this trend, improving reliability with an increased number of modules by exploiting…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Strategy Inc. is doubling down on Bitcoin. The move is meant to calm investors while the company keeps buying the crypto asset it made core to its identity. Reports say the pivot centers on expanding a line of perpetual preferred shares that trade near $100 and pay a reset dividend each month. Preferred Shares To Anchor Volatility Stretch, often shown as STRC, now sits at the center of that plan. According to Strategy’s own listings, STRC carries an annualized dividend reset that currently reads 11.25% and is…
Patrick Witt, Executive Director of the President’s Council of Advisors for Digital Assets, discussed the ongoing push for the crypto legislation and the federal government’s management of Bitcoin during a Yahoo Finance interview earlier today, stressing the need for regulatory clarity and institutional engagement. Witt explained that the House passed its version of the Clarity Act last year, and the Senate is drafting its own amendments. Sections of the bill addressing the Commodity Futures Trading Commission (CFTC) have cleared the Agriculture Committee, while portions covering the Securities and Exchange Commission (SEC) remain in the Senate Banking Committee. A markup scheduled…
Aave Labs has asked tokenholders to approve a funding package worth about $50 million in exchange for redirecting all revenue from Aave-branded products to the Aave DAO treasury.The proposal includes up to $42.5 million in stablecoins — $25 million as a primary grant and $17.5 million tied to product milestones. It also includes 75,000 Aave (AAVE) tokens, worth about $8 million at the time of writing. The stablecoin grants, if approved, will be streamed over time, and milestone payments will be released upon product launches. In return, Aave Labs would route 100% of product-level revenue to the DAO. That includes fees…
