– Institutions continue to deposit money into crypto funds; last week the inflow amounted to $260 million
But BTC is in no hurry to continue growing and is trading around $35k.
– Over the past 12 months, Binance’s share of cryptocurrency spot trading has decreased from 62% to 40%
– Berkshire Hathaway reported a quarterly loss for the first time in the last year, but its cash reserves increased to a record $157.2 billion
– Aave DeFi protocol temporarily stopped some operations due to a vulnerability
– Bankrupt exchange FTX sues Grayscale and Bitwise in hopes of recovering $744 million
– Top 3 German bank DZ Bank will offer cryptocurrency storage services for institutions
– Citigroup is implementing a restructuring plan that calls for layoffs of 10% of its employees
– User lost $700k due to liquidity pool setup error on Uniswap