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Crypto

Bitcoin Spot ETFs Post Record Outflows as Tether Faces Lawsuit

Guavy AI Editorial Team
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The crypto market saw significant developments as Bitcoin spot ETFs recorded net outflows of $236.46 million, led by BlackRock's IBIT with $201.18 million in withdrawals.

Tether is facing a lawsuit involving $42.4 million in frozen USDT after two Thai businessmen alleged the company blacklisted their wallets without a warrant or court order.

Ethena has launched Ethena Pay, a self-custodial mobile finance app that combines dollar savings, card spending, and international transfers into one product built on Avalanche.

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