Crypto Biz: Six months on from FTX, Tether mines BTC, and Nvidia’s AI superchips

Simply over six months after FTX’s dramatic collapse, the crypto business can lastly start analyzing the results of the debacle. The short ripple impact to different crypto companies drained liquidity from the business and extended the crypto winter, with Silvergate Financial institution, BlockFi and Genesis International Capital amongst these hit by the alternate’s collapse.

FTX’s chapter has additionally affected the crypto regulatory panorama, with authorities cracking down on companies — using controversial strategies in some circumstances — to keep away from a deepening mix of conventional finance with cryptocurrencies.

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