How Financial Advisors Can Navigate Crypto’s Turbulent Waters

FAs and RIAs shouldn’t run from crypto and digital assets, as long as they have the right playbook.Source

Bitcoin’s Ferocious ETF-Fueled Rally Puts Ether at Weakest Price Versus BTC in 2 Months

The largest cryptocurrency by market cap has benefited from rising investor optimism following multiple filings for spot bitcoin ETFs and its omission from tokens listed in SEC lawsuits earlier this month.Source

TrueUSD Says TUSD Stablecoin Has ‘No Exposure’ to Embattled Prime Trust

Stablecoin project TrueUSD said Thursday it had “no exposure” to embattled crypto services company Prime Trust as it raced to shore up confidence in its dollar-backed TUSD.Source

Pepecoin Becomes Biggest Meme Coin Gainer With 70% Weekly Jump

The tokens racked up $800 million in trading volumes over the past 24 hours, data shows.Source

This Is How Scammers Can Drain Your Crypto Wallet

Scammers use a variety of techniques to steal users’ money, some of which only require knowing your wallet address, a Forta Network researcher said.Source

Northstake Raises $3M to Boost Institutional Crypto Staking

The 2.8 million-euro fundraise comes from PreSeed Ventures, Morph Capital, The Aventures Fund, Funfair Ventures and Delta Blockchain Fund.Source

Startup Kaito Gets $87.5M Valuation in New Funding to Build AI Search Engine for Crypto

The search engine combines real-time data with large language models like ChatGPT.Source

Crypto Custody Firm BitGo Cancels Acquisition of Rival Prime Trust

Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk.Source

Wintermute Backs DEX Vertex Protocol in Strategic Investment

The amount of the investment wasn’t disclosed, and Wintermute will provide liquidity services to the decentralized exchange.Source

Why Short Sellers May Have a Hard Time Betting Against Tether

Crypto’s most controversial instrument enjoys some notable insulation from skeptical bets.Source