Binance-linked addresses plunge by over $1B following CFTC lawsuit
Following the CFTC news, DeFillama dashboard showed that Binance has processed 24 times more withdrawals than its closest rival.
The six-consecutive-week outflows totaled $408 million, as this week's inflows mark the largest positive movement since July 2022.
Extravagant spending by Aiden Pleterski occurred after the accused raised $41 million to fund a non-existent crypto investment fund.
Bitcoin's overall market liquidity has dropped to a 10-month low despite the asset's continued rise in 2023.
The Hong Kong banking industry looks to attract corporate crypto business in the wake of Operation Chokepoint 2.0.
The FDIC said early estimates showed that Silicon Valley Bank's failure cost its Deposit Insurance Fund around $20 billion.
Bitwise CIO Matthew Hougan Speaks on the SEC's Stance on Spot Bitcoin ETFs