Genesis 'One of the Main Feeder Funds' to Fraudulent FTX Activities, Say Debtors
Bankrupt crypto exchange FTX is seeking to claw back nearly $4 billion from the embattled crypto lender Genesis Global Capital.
Original source
Read on DecryptRelated market context
Major crypto exchanges cancel SpaceX IPO allocations, promising refunds
Elon Musk’s SpaceX completed its landmark IPO on the Nasdaq on Friday, but crypto users seeking tokenized exposure to the IPO were...
Kraken becomes first crypto exchange to sponsor the FIFA World Cup as Brazil and Morocco kick off Group C
Kraken's World Cup sponsorship highlights crypto's growing integration into mainstream sports, potentially boosting global adoptio...
Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak
Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avo...
Strategy’s Michael Saylor targets $15-30T for Bitcoin-backed credit instruments
Saylor's Bitcoin-backed credit strategy could reshape global finance, integrating crypto into mainstream credit markets and alteri...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
Raphinha’s injury woes highlight the fragile economics of athlete-backed crypto campaigns
Raphinha's injuries underscore the volatility and risk in athlete-driven crypto ventures, affecting both market value and investor...