Gryphon Digital Aims for Dismissal in $500K Bitcoin Spoof Lawsuit

Gryphon argues Sphere's alleged inadequate security measures inadvertently paved the way for a malicious actor to compromise the company's systems.
Gryphon argues Sphere's alleged inadequate security measures inadvertently paved the way for a malicious actor to compromise the company's systems.
The price of Bitcoin has fallen sharply in recent days, dropping from a high of over $29,620 to around $25,000. This sharp fall has led to concerns about the future of Bitcoin and whether it is a sound investment. SpaceXโฆ
Bitcoin is the king of crypto, the pioneer of digital money, and the world’s most popular and widely-used cryptocurrency. It started a revolution that spawned a whole new asset class, and challenged the traditional, centralized financial system. Many believe thatโฆ
Key takeaways: In the ever-evolving landscape of cryptocurrencies, industry leaders continually seek innovative solutions to address scalability, speed, and cost challenges. One such visionary is Vitalik Buterin, co-founder of Ethereum and a prominent figure in the blockchain space.ย Buterin recentlyโฆ
The report attributed the decrease in supply to the increasing regulatory landscape and growing concerns about security breaches, which prompted investors to opt for self-custody.
Due to their lack of thoroughness and clarity, the SEC considered recent applications for spot Bitcoin ETFs unsatisfactory.
Key takeaways: In a significant breakthrough, Israeli authorities have recently uncovered and seized $2.3 million worth of cryptocurrency funds linked to Hezbollah’s financial network. According to The Times of Israel, Israel has taken control of up to 40 bitcoin walletsโฆ
Bitwise Asset Management filed a document requesting a regulation change to allow for its upcoming Bitcoin spot ETF.
Apple notified the Nostr-based Damus app that it must follow the guidelines or risk being removed within 14 days.
A Russian official took $28 million in Bitcoin (BTC) as a bribe from the hacker organization he was looking into.