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Adam Yedidia, Sam Bankman-Fried’s MIT buddy and former FTX developer, resumed his immunity-protected testimony on Oct. 5, sharing first-hand accounts of his tenure at the crypto exchange where he lived in a $35 million condo allegedly purchased with commingled customer cash. Department of Justice (DoJ) prosecutors filed a forfeiture notice for two FTX-owned private planes on day 2 of Sam Bankman-Fried’s trial. The DoJ plans to clawback a Bombardier Global 5000 and an Embraer Legacy EMB private jet, per InnerCityPress. US v. SBF WITNESSES 1& 2: In Bankman-Fried Trial, Adam Yedidia Testifies With Immunity About Condo in Bahamas After French DOGE-Trading Victim- story: https://t.co/sSJOUfHO7I – and now, a forfeiture notice for Bombardier Global 5000 & Embraer Legacy EMB Aircraft pic.twitter.com/p6mmcRFXib — Inner City Press (@innercitypress) October 5, 2023 Day 3 of United States v Sam Bankman-Fried (SBF) continued with witness testimony from Adam Yedidia, a frien...

Mihailo Bjelic suggested that adding zero-knowledge proof technology could bolster the network’s security while still keeping fees low. Polygon co-founder Mihailo Bjelic has proposed upgrading the Polygon proof-of-stake (PoS) network to a “zkEVM validium” version, according to a June 20 forum post. If the upgrade is implemented, the new version will rely on zero-knowledge proofs to increase security. HUGE UPDATE ON #Polygon Polygon may go through some huge changes in near future. @MihailoBjelic shared a polygon improvement proposal few hours ago which discussed to upgrade polygon POS to zkEVM Validium. According to the proposal, Polygon POS is facing three key challenges… — Hitesh Malviya (@hmalviya9) June 20, 2023 Polygon PoS is an Ethereum scaling solution that has over $900 million in total value locked within its contracts and does over 2 million transactions per day. It was first launched in 2019. In March, the Polygon team launched a second network, Polygon zkEVM, that uses ze...