Crypto
Regulation
UK plans “robust” rules for crypto exchanges
Britain's finance ministry, HM Treasury, will release a set of draft rules on Feb. 1.
Staking
Ethereum staking withdrawal testnet ‘Zhejiang’ set to launch Wednesday
The testnet is a precursor to real staking withdrawals, which are expected in March.
Bankruptcy
Silvergate’s ties to FTX face renewed scrutiny from senators
Warren and other senators were not satisfied with Silvergate's previous answers.
Crime
SBF’s bail bond co-signers may soon be named
Two individuals who acted as sureties could be named in one or two weeks.
Legal
Grayscale faces lawsuit from rival Osprey over long-awaited ETF conversion
The smaller firm has complained about Grayscale's promises around GBTC.
Crime
SBF tried to meet FTX replacement CEO John Ray
Sam Bankman-Fried wanted to connect in NYC. John Ray III didn't respond.
Bankruptcy
BlockFi permitted to auction mining equipment
Courts have determined that the bankrupt crypto lender can sell specific assets.
Analysis
Bitcoin surpasses $23.5k, approaches $24k
Today's price movement represents a five-month high for Bitcoin.
Crime
Sam Bankman-Fried denies he tried to sway witness, awaits possible contact restrictions
SBF allegedly tried to influence FTX executive Ryne Miller via a Signal message.
Bankruptcy
BlockFi permitted to pay $10M in staff bonuses in spite of bankruptcy
The firm retains about 125 employees, according to earlier reports.
Regulation
New York introduces bill to legalize crypto payments for state purposes
State agencies could accept Bitcoin and other cryptos for fines, taxes, and more.
Analysis
Coinbase stock surged 90% in January
COIN is up significantly this month despite the crypto industry's struggles.