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Tether says it has no exposure to Genesis Global or Gemini Earn

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The stablecoin operator said the reliability of its reserves is important to highlight “at a time like this.” Tether has historically had issues with transparency.

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Coin Market

Drift exploiter sends $61M ETH to Tornado Cash, holds $194M

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The April 1 hack caused about $295 million in losses and was later attributed to a North Korean threat group in a Mandiant investigation.

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FINMA approves Switzerland’s first Bitcoin ETF for retail investors

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The Swiss regulator cited a growing appetite for cryptocurrency investments and said that multiple fund providers have submitted Bitcoin ETF applications.

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Netflix FTX trailer was ‘enough to upset me’ in first 30 seconds: former FTX COO

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Constance Wang criticized the streamer’s portrayal of her former FTX colleagues as not matching her own experience with Sam Bankman-Fried and Caroline Ellison.

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