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Bitcoin holds $20K, but analysts say BTC open interest leaves room for ‘more deleveraging’

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BTC trades in the lower-end of its 76-day range, but analysts say future Fed actions and record-high open interest increase the possibility of future “deleveraging events.”

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Coin Market

FTX to distribute $900M to creditors in fifth payment round

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The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds.

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Coin Market

Consensys unknowingly outsourced developer work to North Korean

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Through an introduction with a “reputable third-party service provider,“ the company took on a developer who, as part of an investigation, was revealed to be tied to North Korea.

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Coin Market

Galaxy lands 15-year Texas Tech stadium naming rights deal

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Galaxy Digital will rename Texas Tech’s football stadium under a 15-year agreement, expanding its West Texas presence as the state attracts growing crypto investment.

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