{"id":13186,"date":"2023-09-11T08:01:53","date_gmt":"2023-09-11T08:01:53","guid":{"rendered":"https:\/\/cryptoheretostay.com\/?p=13186"},"modified":"2023-09-11T08:01:54","modified_gmt":"2023-09-11T08:01:54","slug":"sbfs-internet-sucks-blackrock-denies-voyager-buy-and-more","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=13186","title":{"rendered":"SBF&#8217;s internet sucks, BlackRock denies Voyager buy and more"},"content":{"rendered":"<script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script>\n<h3>Sam Bankman-Fried on dial-up level internet<\/h3>\n<p>Former FTX CEO Sam Bankman-Fried\u2019s lawyers have again asked a court to temporarily release the former FTX boss claiming the poor internet connection in his Brooklyn prison is interfering with their trial prep.<\/p>\n<p>In a Sep. 8 letter to District Judge Lewis Kaplan, Bankman-Fried\u2019s lawyer Mark Cohen said his client can\u2019t access an internet-enabled computer twice a week for four to five hours as previously agreed to with United States prosecutors.<\/p>\n<p><em>Cohen\u2019s letter to Judge Lewis Kaplan. Source: CourtListener<\/em><\/p>\n<p>Citing an Aug. 30 incident, Cohen claimed Bankman-Fried lost two hours of \u201creview time\u201d due to an unrelated delay involving another inmate at the prison.<\/p>\n<p>Once Bankman-Fried was eventually brought up to the visiting room the internet connection was so slow that it took 10 minutes for the home page to load, his lawyers claimed.<\/p>\n<p>\u201cBy 1:00pm \u2014 1.5 hours later \u2014 Mr. Bankman-Fried was only able to load one document from the database to review. Effectively, Mr. Bankman-Fried had no access to the internet for the entire 5-hour period.\u201d<\/p>\n<p>\u201cThe defendant cannot prepare for trial with these kinds of limitations,\u201d the letter reads.<\/p>\n<p>Cohen claimed Bankman-Fried hasn\u2019t been able to effectively prepare for his trial for the better part of a month and pushed for a temporary release saying it\u2019s necessary in order to make up for the lost time.<\/p>\n<h3>BlackRock\u2019s purchase of Voyager was one big lie<\/h3>\n<p>Asset management giant BlackRock has denied buying bankrupt crypto brokerage firm Voyager Digital \u2014 despite a widely shared press release stating otherwise.<\/p>\n<p>A Sep. 8, a fake press release \u2014 syndicated to the Associated Press \u2014 claimed that BlackRock planned to acquire Voyager, citing \u201cindustry insiders.\u201d<\/p>\n<p><em>Faked press release of BlackRock\u2019s purchase of Voyager on AP. Source: Associated Press<\/em><\/p>\n<p>A BlackRock spokesperson told Cointelegraph it\u2019s not acquiring Voyager and stories suggesting otherwise are false.<\/p>\n<p>As first noted by crypto journalist Colin Wu in an X (Twitter) post the same day, the social media account linked at the bottom of the release directed to a newly-created X account with one post and one follower.<\/p>\n<p><em>The social media account linked at the bottom of the faked press release set its display name to \u201cVoyager\u201d but its handle is \u201c@JoyTyger930897.\u201d Source: X<\/em><\/p>\n<p>EINPresswire was seemingly the first to post the press release, which shows a company called MK Digiworld provided the news. That company\u2019s website only directs users to message a Pakistan-based number.<\/p>\n<p>Voyager\u2019s VGX token still spiked 15% to $0.153 within 12 hours of the AP\u2019s syndication on Sept. 9. However the token has since returned to $0.126, according to CoinGecko.<\/p>\n<h3>Remember the guy who threw 8,000 BTC in the trash?<\/h3>\n<p>Early Bitcoin (BTC) investor James Howells is gearing up for a lawsuit against a south Wales council over its refusal to let him try to dig up and find a hard drive he threw out over 10 years ago containing 8,000 BTC.<\/p>\n<p>In a Sep. 8 report in the British paper The Telegraph, Howells said the hard drive was accidentally binned by his ex \u2014 ending up in a tip managed by Newport City Council.<\/p>\n<p>Since then Howells has been fighting with the council about getting into the tip to find the drive \u2014 which it\u2019s refused multiple times citing the negative environmental impact of digging up rubbish.<\/p>\n<p>On Sep. 4, Howells sent an open letter to the council demanding he\u2019s allowed to access the dump and start work by Sep. 18 or face a lawsuit with damages seeking nearly $560 million \u2014 more than double what the stash would be currently worth at nearly $206 million.<\/p>\n<p>\u201cI\u2019ve tried everything I can for 10 years,\u201d Howells said. \u201cThey didn\u2019t want to play ball, so now we have to go down the legal route.\u201d<\/p>\n<p>Previously, Howells has proposed a venture-backed $11 million project to dig up the drive that would employ artificial intelligence and robot dogs to sort the trash along with experts in excavation, waste management and data extraction.<\/p>\n<h3>Someone pays $500,000 in Bitcoin fees<\/h3>\n<p>The online crypto community has been left scratching their heads over a single Bitcoin transaction where someone paid nearly 20 BTC, or over $515,000 in fees.<\/p>\n<p>The Sep. 10 transaction was picked up by the blockchain-tracking X account Whale Alert and pseudonymous X user \u201cmononaut\u201d posted the transaction \u201cmakes absolutely no sense.\u201d<\/p>\n<p lang=\"en\" dir=\"ltr\">My best guess is that this was created manually by pasting addresses and amounts into some kind of wallet software.<\/p>\n<p>they meant to set a fee of 8632 sats, but accidentally pasted an output into the fee box, turning it into 1982108632 sats, then broadcast without double-checking.<\/p>\n<p>\u2014 mononaut (@mononautical) September 10, 2023<\/p>\n<p>\u201cMy best guess is that this was created manually by pasting addresses and amounts into some kind of wallet software,\u201d mononaut wrote.<\/p>\n<p>They explained the user may have accidentally pasted an output amount into the fee box of the software then sent the transaction without checking.<\/p>\n<p>Bitcoin wallet provider Casa co-founder Jameson Lopp said the transaction \u201clooks like an exchange or payment processor with buggy software.\u201d<\/p>\n<p lang=\"en\" dir=\"ltr\">The transaction that paid nearly 20 BTC ($500,000) fee a few hours ago looks like an exchange or payment processor with buggy software.<\/p>\n<p>They&#8217;ve received 60,000+ txns and sent 60,000+ txns from the same address (bad practice) and likely calculated their change output incorrectly. pic.twitter.com\/s44Yc8S2ia<\/p>\n<p>\u2014 Jameson Lopp (@lopp) September 10, 2023<\/p>\n<p>He added the address seems to operate as a businesses \u201cwithdraw-only hot wallet\u201d and probably miscalculated a change output due to having around the same number of sent and received transactions.<\/p>\n<h3>Also making news<\/h3>\n<p>The X account of Ethereum co-founder Vitalik Buterin was compromised on Sep. 9 with hackers posting a phishing link that led to them netting a nearly $700,000 payday.<\/p>\n<p>The same day, FTX sued cross-chain protocol LayerZero Labs to try claw back $21 million allegedly illegally withdrawn prior to the crypto exchange\u2019s November 2022 bankruptcy.<\/p>\n<p><strong><em>Magazine: <\/em><\/strong><strong><em>Hall of Flame: Crypto Banter\u2019s Ran Neuner says Ripple is \u2018despicable,\u2019 tips hat to ZachXBT<\/em><\/strong><\/p>\n<p class=\"post-content__disclaimer\">Additional reporting by Brayden Lindrea. <\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/what-happened-in-crypto-on-the-weekend\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sam Bankman-Fried on dial-up level internet Former FTX CEO Sam Bankman-Fried\u2019s lawyers have again asked a court to temporarily release the former FTX boss claiming the poor internet connection in his Brooklyn prison is interfering with their trial prep. In a Sep. 8 letter to District Judge Lewis Kaplan, Bankman-Fried\u2019s lawyer Mark Cohen said his [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[2],"tags":[],"class_list":["post-13186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/13186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13186"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/13186\/revisions"}],"predecessor-version":[{"id":13188,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/13186\/revisions\/13188"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/13187"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}