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Coinbase is being criticized for allowing customers to register accounts without proper verification and background checks.
On-chain data shows that more than $100 million in tokens exited exchanges this week, most of it in the past 24 hours, while stablecoin reserves dropped 9.5% over the course of the week.
Three users of Gemini Earn have filed a class action lawsuit against GGC and DCG. This is in response to Gemini suspending its Earn redemption program due to Genesis freezing its payouts.
In text messages obtained by The New York Times, CZ stated that SBF used Alameda for transactions designed to destabilize Tethter (USDT).
"While we expect the next few months to be bumpy, we will navigate through this challenging period," CZ said while reassuring the group that it is enduring.
A viable deal could involve a large minority shareholder or an acquisition-like structure led by more strategic partners, Bernstein said.
The FTX dominoes continued to fall as Nexus Mutual revealed it had lost around $3 million in a series of related events due to the exchange's crash last month.
Two series featuring imagery and art related to China's rare widespread protests against its lockdown policies have popped up on NFT marketplace OpenSea.
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