Crypto weekly: MicroStrategy’s Saylor Buys 3,000 More Bitcoin for $155.4 Million; BlackRock spot Bitcoin ETF reaches over $10 billion. BlackRock’s spot Bitcoin exchange-traded fund (ETF) IBIT now holds over $10 billion in assets under management. IBIT was the fastest ETF to surpass this threshold.

MicroStrategy’s Saylor Buys 3,000 More Bitcoin for $155.4 Million.
The value of company’s Bitcoin holdings is almost $10 billion. Read more

Tornado Cash Suffers Backend Exploit, User Deposits at Risk.
The exploit has the function to steal deposit data and deposited funds.
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Sam Bankman-Fried urges lenient sentence, citing FTX fund recovery.
Sam Bankman-Fried’s lawyer urged a judge to impose a lenient sentence for the FTX founder’s conviction for stealing $8 billion from customers of the now-bankrupt cryptocurrency exchange, arguing clients would get most of their funds back. Read more

IRS Hires Former Binance.US Exec to Beef Up Crypto Expertise.
Agency also hires former executive from software firm TaxBit. They will help with crypto compliance, enforcement efforts. Read more

BlackRock spot Bitcoin ETF reaches over $10 billion.
BlackRock’s spot Bitcoin exchange-traded fund (ETF) IBIT now holds over $10 billion in assets under management. IBIT was the fastest ETF to surpass this threshold. Read more

U.S. Fed Chair Powell Testifies.
Federal Reserve Chair Jerome Powell is to testify on the economic outlook and recent monetary policy actions before the Joint Economic Committee, in Washington DC, at 03:00 P.M. UTC. Read more

U.S. Fed Chair Powell Testifies.
Federal Reserve Chair Jerome Powell is to testify on the economic outlook and recent monetary policy actions before the Joint Economic Committee, in Washington DC, at 03:00 P.M. UTC. Read more