Tether has emerged as one of the top buyers globally of US Treasury bills, with a commanding exposure of $72.5 billion, according to a recent post by Paolo Ardoino, CTO of Tether. This development places the USDT stablecoin issuer in the global top 22, ranking above nations like the “United Arab Emirates, Mexico, Australia, and The post Tether now a top global buyer of US Treasury bills amid market turmoil appeared first on CryptoSlate.

The digital asset market has experienced a minor cooling-off phase, with outflows totaling roughly US$11.2 million over the week, according to recent data by digital asset firm CoinShares. Despite this streak of negative sentiment, Bitcoin emerged as a beacon with inflows totaling US$3.8 million. CoinShares’ Digital Asset Fund Flows Weekly report also displayed a notable The post $2.8 billion traded in Digital Asset ETPs this week as outflows slow appeared first on CryptoSlate.

Lawyers for FTX founder Samuel Bankman-Fried filed court papers Friday, Sept. 1, opposing several motions by federal prosecutors to admit specific evidence at his upcoming trial on fraud and conspiracy charges. Bankman-Fried’s attorneys argued prosecutors should not be allowed to introduce evidence related to charges previously dropped or severed from the case. Those include alleged The post FTX founder Sam Bankman-Fried fights against prosecutors’ evidence in upcoming fraud trial appeared first on CryptoSlate.

A new report reveals women are vastly underrepresented in leadership positions across the cryptocurrency and blockchain industries. The study analyzed 50 leading crypto and blockchain companies. It found only 6% of CEOs were women, while men held 94% of top executive positions. Looking at broader leadership roles beyond CEO, men occupied 77.6% and just 22.4% The post Women hold just 6% of crypto CEO roles highlighting gap in leadership – report appeared first on CryptoSlate.

A United States District Court has denied one of Sam Bankman-Fried’s pretrial defense motions. According to the court filing, U.S. District Judge Lewis A. Kaplan dismissed SBF’s Motion in Limine No. 1, which sought to bar the government from introducing evidence produced to the defense after July 1. Earlier in August, SBF’s defense team proposed The post U.S. court dismisses SBF’s defense motion complicating pretrial strategy appeared first on CryptoSlate.