Crypto Traders Suffer Over $100M in Liquidation Losses as Market Rout Deepens Amid Middle East Turmoil
Crypto traders suffered over $100 million of losses in liquidations on Monday, Coinglass data shows, as the digital asset market rout intensified.
Israel War Prompts Crypto Firms Including Fireblocks, MarketAcross to Start Aid Fund
The organization will host a multi-signature wallet to collect donations in multiple cryptocurrencies, including bitcoin (BTC) and ether (ETH) as well as the dollar-linked stablecoins USDT and USDC.
DOJ Wants to Block Sam Bankman-Fried From Bringing Up Anthropic AI Raise in Court
The U.S Department of Justice wants the judge overseeing its case against Sam Bankman-Fried to block the defense team from introducing any evidence that his stake in artificial intelligence company Anthropic will benefit FTX creditors after the company’s recent fundraise.
Avalanche Social App Stars Arena Drained of $3M in AVAX After Hack
The newest viral application launched nearly a week ago and quickly gained a cult following.
Activist Crypto Investors Score $2.5M Bounty After Campaign on FloorDAO
The so-called decentralized autonomous organization initially formed to focus on building products, but activist investors who showed up were more interested in the project’s treasury.
What Happened During Sam Bankman-Fried’s First Week in Court?
(CoinDesk, modified)
Bitcoin Grapples with $28K Resistance, but ‘Uncorrelated Asset’ Allure Could Mean Higher Prices, Says Analyst
Bitcoin is on track for gains on Friday despite bearish U.S. jobs numbers which initially sent the crypto down nearly 2%.
Far From the SBF Trial, a Very Different Web3 Narrative Is Unfolding
The story of Sevi, a talented artist who happens to be a 10-year-old autistic boy living in Manila.
Michael Lewis’ SBF Biography Will Confuse People About Crypto
The author’s sympathetic picture of the alleged fraudster as a weirdo whom nobody understood contrasts with his portrayal of crypto as a no-good industry ripe for adult supervision, says Amanda Cassatt.
Former Alameda Research CEO Caroline Ellison to Testify Tuesday in Sam Bankman-Fried Trial
Gary Wang, a former top lieutenant in Bankman-Fried’s empire, testified that Alameda had “special privileges” at FTX that allowed the hedge fund to spend $8 billion of exchange customers’ money.