Tether to start buying BTC with profits

HitBTC exchange impersonation resulted in losses in the millions. France offers a crypto safe haven. Ripple CEO says many more crypto companies will leave the US. FTX leadership sues SBF and others over a deal done before bankruptcy. An analyst says what we all want to hear.

Welcome to Daily Digest. We surface trending news in crypto-based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.

Trending from yesterday đź‘Ť

News

Here are the trending news items over the last 24 hours. If you’d like to see even more updated news and trending news updated in real-time on our website.

Tether announces they are going to use profits to purchase BTC

Sad deal as millions of crypto stolen in HitBTC exchange impersonating scam

Turkey, Argentina, and the Philippines see inflation skyrocket, which in turn surges crypto ownership in those countries

France offers a safe haven to crypto companies that are fleeing the US…. thinking of moving to France now, but mainly because I love french fries. Ripple CEO says many companies will leave the US due to these confusing rules.

I don’t know, but to me, this seems like an absolute joke. Why won’t the SEC give clarity on crypto rules? Is it because they themselves don’t know the rules, so they can’t comment on them?

(Don’t say it, don’t say it, don’t say it)

FTX leadership sues SBF and other former FTX execs over acquiring the stock-clearing platform, Embed, before bankruptcy.

Ripple acquires Swiss blockchain custody firm, Metaco for $250M

Coinfeeds Reddit Bot Top 3 Stories

Thank you for reading Daily Digest. This post is public so feel free to share it.