Market
Crime
Wallets of NFT influencer drained in OBS malware attack
Along with draining all crypto and NFTs, the attackers gained control of NFT God's social media accounts and his Substack blog.
Bankruptcy
Ex-FTX US president calls SBF insecure, spiteful, and volatile
Brett Harrison claims SBF was intransigent and lashed out with "dysregulated hostility" and "gaslighting" in the face of disagreements.
Bear Market
DCG scrambling to raise funds to cover Genesis’ $3B debt burden
DCG is trying to liquidate its venture capital holdings worth $500 million, which is less than 17% of Genesis' outstanding debt.
Mining
Argo’s mining revenue dipped 28% in December due to winter storm
Argo Blockchain mined 25% less BTC last month. Its debts amounted to $79 million as of Dec. 31 while it had $20 million in cash.
Deals
Binance-Voyager deal gets initial court approval despite SEC objections
The SEC, CFIUS and New Jersey regulators will be allowed to raise objections to the final approval of the deal in the future.
Analysis
Sanctions caused cybercriminals to lose $15M in potential revenue in 2 months
Hydra shut down and monthly inflows to Tornado Cash dropped by 68% following sanctions. But Garantex saw monthly inflows more than double.
Trading
BTC is currently more stable than gold, Nasdaq, S&P 500; volatility could follow
Bitcoin's 5-day volatility has fallen below all of these indexes simultaneously — referred to as “relative volatility compression” — only 5 times in the past.
Bankruptcy
SBF inner circle continues disintegrating as Nishad Singh becomes latest to seek plea deal
Singh was being probed by prosecutors, the SEC and CFTC. He is the third of SBF's inner circle looking for a deal after Wang and Ellison.
Legal
Mark Cuban to be deposed in February over Voyager promotions
The court denied Cuban's request to bifurcate his depositions. Two Dallas Mavericks employees will also be deposed by Feb. 23.
Culture
Bitcoiners are seething at Peter Zeihan’s interview on Joe Rogan podcast
Several Bitcoin advocates have criticized geopolitical analyst Zeihan for lacking knowledge of BTC, and refuted his claims.
Bear Market
Osprey Funds is operating with less than 10 employees after layoffs
Osprey's management team is down to 4 executives. The firm laid off employees after a failed attempt to launch a hedge fund.
Adoption
Bitcoin’s energy efficiency will increase with adoption – proponent says
Popular BTC proponent Lyn Alden argues that contrary to claims, BTC energy consumption is not an "exponential problem."