Analysis
CBDCs
Trump calls CDBCs “very dangerous” and labels the power of AI “scary”
Trump said that CBDCs could be "very dangerous" but the biggest danger of our time is the proliferation of AI.
AI
FTX files motion to offload $1.4 billion stake in AI startup Anthropic
The move is a key component of FTX's comprehensive plan to liquidate holdings and marshal resources to repay customers and creditors.
Legal
Genesis agrees to settle SEC lawsuit for $21 million
Under the terms of the settlement, Genesis neither admitted to nor denied the allegations of wrongdoing.
Mining
Bitcoin mining difficulty hits new ATH after record 7.3% spike
Mining difficulty saw a significant increase of 7.33%, the highest so far this year, marking the most difficult period to mine Bitcoin in its history.
Legal
Hamas victims file class action against Binance over allegedly facilitating terrorism financing
Families of Hamas victims launch lawsuit against Binance for alleged facilitation of terror financing, seeking damages and accountability.
Tokenization
Polygon Labs announces 19% reduction in staff to streamline operations
CEO Marc Boiron said that despite the company's success, rapid expansion during the last bull market led to increased bureaucracy, diluting the agility and focus needed to pursue its ambitious goals.
Privacy
Hong Kong authorities investigating Worldcoin over data privacy concerns
According to the Hong Kong Office of the Privacy Commissioner for Personal Data, there are concerns that Worldcoin is in "contravention" of regulatory requirements related to data collection and storage.
Bankruptcy
FTX abandons resurrection plans in favor of liquidation to fully repay customers affected by collapse
The decision was announced by FTX's attorney, Andy Dietderich, during its latest bankruptcy court hearing on Jan. 31.
RWA
VanEck CEO says tokenization of real-world assets faces two major hurdles
VanEck CEO identifies liquidity and regulatory clarity as main obstacles to the tokenization of real-world assets.
ETF
StanChart believes SEC will approve Ethereum ETFs in May
Standard Chartered forecasts SEC's nod for Ethereum ETFs by May, eyeing a potential surge in ETH price to $4,000.
Hacks
Crypto hacks, scams down 27.78% YoY: Peckshield
According to PeckShield, 2023 saw over 600 major hacks in the crypto space that culminated in a loss of approximately $2.61 billion.
Trading
Bitcoin surges to $43k as ETF inflows outpace sell pressure
Early trading data from Bloomberg revealed that iShares Bitcoin Trust (IBIT) had surpassed GBTC in trading volume, indicating a resurgence in investor confidence.