This Week in Crypto: FTX’s Novel Accounting, Miner Capitulation, and Hamas Crypto Seized
Market Analysis

SBF Trial, BTC Miner Woes, War Crypto Seized

October 14, 2023 0

This week in crypto was dominated by new witness testimonies that shed light on the events leading up to and surrounding the FTX collapse. Revelations around the alleged fraudulent balance sheets former Alameda Research (Alameda) […]

US Targets China AI Chip Access in Shenzhen
Market Analysis

US Could Close China’s Last Portal to American AI Chips

October 14, 2023 0

The Biden administration announced a second round of curbs to prevent Chinese companies from accessing artificial intelligence (AI) chips designed in America. The latest round of restrictions could clamp down on a loophole that allows […]

Paolo Ardoino Promoted to CEO of Tether
Market Analysis

Paolo Ardoino Promoted to Tether CEO

October 13, 2023 0

Tether has promoted its Chief Technology Officer (CTO), Paolo Ardoino, to CEO. Even during his tenure as CTO, Ardoino was the public face of the stablecoin issuer. Tether, the issuer of the most dominant stablecoin, […]

How Hamas Leverages Crypto to Fuel Its Operations
Market Analysis

This Is How Hamas Uses Crypto to Finance Terrorism in Israel

October 13, 2023 0

In recent years, cryptos have reshaped the financial system, offering a new level of anonymity and decentralization. One unintended consequence has been exploiting this financial technology by extremist groups to further their causes. Hamas, a […]

Study Finds Troubling Links Between HTX and Binance
Market Analysis

HTX May Have Sold stUSDT Holdings to Binance: Report

October 13, 2023 0

A new research report from Kaiko Research (Kaiko) found HTX sold large amounts of Tether (USDT) for USDC in the past three months. USDC transfers of similar size to Binance followed each sale, suggesting potentially […]