Bankman-Fried’s current bail conditions bar contact with current or former employees of FTX and Alameda Research, something that the disgraced founder is alleged to be doing. Author: Sam Reynolds
Crypto Market’s Post-Fed Rally Continues as DeFi, Smart Contract Platform Sectors Star
Uniswap’s UNI token and Avalanche’s AVAX token were recently up about 4.5% and over 3%; ether rose 3% at one point Thursday following unexpectedly moderate comments from Fed Chair Jerome Powell. Author: Jocelyn Yang
New York Bitcoin Miner TeraWulf Restructures Debt
A slew of mining firms have restructured their debt loads while others are facing bankruptcy. Author: Eliza Gkritsi
Blockchain Analytics Firm Chainalysis to Cut Jobs in Reorganization
The cuts will reportedly affect less than 5% of Chainalysis’ staff, or about 40-50 people. Author: Jamie Crawley
First Mover Asia: Is Bitcoin’s Ride Past $24.1K a Stopping Point or Sign of Further Gains?
ALSO: Shaurya Malwa writes that Waves’ decision to abandon the stablecoin model underlines a decline in this sector stemming from the Terra UST implosion and other debacles. Bitcoin rides past $24.1K at one point. Author: Shaurya Malwa, James Rubin
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