FTX Scandal: What the Latest Testimony Means for the Cryptocurrency Industry
As the FTX trial is unfolding, recent testimony has revealed major internal issues at the cryptocurrency exchange, raising questions about the industry at large. The revelations come amid a week of heated courtroom debat...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Read More: FTX Scandal: What the Latest Testimony Means for the Cryptocurrency Industry
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Celsius Founder Alex Mashinsky Hit With $35M Deal and Permanent Crypto Industry Ban
Key Takeaways: Under a NY settlement, Alex Mashinsky may have to pay up to $35M in conditional payments. Celsius’s previous chief...
What Is Crypto Spot Trading?
For example, a token can be up 70% and still be a terrible trade if you have no idea when to take profits. Likewise, a 30% dip can...
Ledger hack scare nears $90 million as Tether moves to freeze stolen USDT
Suspected Ledger wallet thefts are approaching $90 million as Tether freezes USDT stablecoin linked to the incident, according to...
Why XRP’s 63 billion circulating tokens don’t tell buyers what’s for sale
For XRP buyers, available supply depends on the price they are willing to pay. The token's roughly 63.09 billion circulating suppl...
Tether Freezes $1.45M in THORChain USDT Vaults, Then Reverses Blacklist Hours Later
Key Takeaways: The amount of about $1.45 million in USDT was temporarily frozen in THORChain vault addresses. According to THORCha...
AI may be keeping Bitcoin’s biggest macro headwind alive after the Fed stops hiking
Bitcoin faces a new macro headwind from the artificial-intelligence boom as massive infrastructure spending competes for long-term...