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Tether faces a lawsuit from Conduit over a US$2.76M wallet freeze, allegedly linked to an unfounded Brazilian probe. The freeze has had severe repercussions for Conduit, including layoffs and office closures. What led to this drastic action by Tether? Dive deeper into the unfolding drama.
TL;DR: US spot Ethereum ETFs recorded $201.9 million in net outflows on October 6, according to Farside Investors. Bitcoin ETFs moved the other way with roughly $118.8 million of net inflows, creating a sharp one-day divergence between institutional flows into the two largest crypto assets.Ethereum…