Lawyers for FTX’s disgraced former boss, Sam Bankman-Fried (SBF), have reached an agreement with prosecutors allowing him to contact certain FTX employees. Besides certain restrictions, the 30-year-old may contact such parties through a host of new mediums. The New Rules Updated terms surrounding Bankman-Fried’s contact restrictions were sent to Lewis A. Kaplan – a judge for the Southern District of New York – in a letter on Monday. Bankman-Fried’s lawyers said the updated conditions were a response to the government…
Cardano
What is Cardano (ADA)?
Cardano (ADA) is a cryptocurrency and blockchain platform designed to be more secure and sustainable than previous generations of blockchain technology. It uses a unique consensus algorithm called "Ouroboros," a proof-of-stake algorithm that allows for more energy-efficient consensus than proof-of-work algorithms like the one used by Bitcoin. The Cardano network is built in layers, with the Settlement Layer (SL) handling the transfer of ADA between accounts and the Control Layer (CL) handling more complex operations like smart contracts. This separation…
Block Education
@BlockEducation
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