Bitcoin flash crash takes out leveraged traders, SBF speaks from prison, Tether stacks sats

April Fools is behind us, so today’s episode features real stories. Bitcoin saw a 5% flash crash this Tuesday, which liquidated over $165 million in leveraged crypto positions. Sam Bankman-Fried speaks for the first time after being sentenced to 25 years behind bars, Tether buys more Bitcoin, and Vitalik Buterin shares details of Ethereum’s next development stage.

Further reading:

• Bitcoin 5% flash crash leads to $165M in leveraged crypto liquidations
• Sam Bankman-Fried speaks out after sentencing: ‘I never thought what I was doing was illegal’
• Tether boosts Bitcoin reserves with latest acquisition
• Vitalik Buterin shares the next steps for Ethereum Purge
• Phishing scam thefts on Base are up 1,900% from January — Scam Sniffer

So, grab yourself a coffee, and let’s get into it!

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