Market
Regulation
Nigerians turn to VPN as government blocks access to Binance, Coinbase, others
The Nigerian government barred access to crypto platforms because of their alleged roles in the country's fiat currency struggles.
Crypto
Coinbase backs Grayscale’s Ethereum ETF bid, spotlighting ETH as a commodity
Coinbase favorably compares Ethereum to S&P 500 stocks, and highlighted how ETH ownership and trading activity are dispersed.
Stablecoins
First Digital’s FDUSD market cap hits record high, dethrones USDC in Bitcoin trading volume
FDUSD trading volume climbed 51.1% to $122 billion in January, making it the second most popular Bitcoin trading pair after Tether's USDT.
Exchanges
Binance accused of manipulating Nigerian Naira as ‘glitch’ impacts P2P traders
Binance Nigerian users speculated that the exchange implemented a price cap at the behest of the government.
Exchanges
Former FTX executives Backpack exchange expands to 11 US states
The crypto trading platform recently hit $1 billion daily trading volume.
Analysis
Ethereum breaks 22-month record crossing $3k amid positive market speculations
Observers have tied Ethereum price increase to the ETF approval speculations and anticipations surrounding the Dencun upgrade.
Stablecoins
Circle to end support for $313 million USDC on Tron amid compliance push
The Tron blockchain has faced allegations of alleged involvement in illicit financial activities by Circle.
Politics
Crypto advocate John Deaton launches campaign to unseat Elizabeth Warren in US Senate
Deaton said Elizabeth Warren has become "a big part of the problem" in Washington.
Wallets
MetaMask and Blockaid partner to develop “privacy-preserving module” to enhance web3 security
MetaMask's reported that its monthly active users surged by 55% between September 2023 and January 2024.
Featured
Gaunt photos of FTX founder Sam Bankman-Fried in prison emerge online
SBF was seen sporting a beard and a emaciated look.
Bankruptcy
Swiss prosecutors raid Tyr Capital over allegations of mishandling FTX exposure – reports
Tyr Capital was accused of of failing to adhere to its risk mitigation measures in the wake of the FTX collapse.
Investments
Bitwise Bitcoin ETF approved investment option for $30 billion advisor network
Bitwise Bitcoin ETF has rapidly grown since its launch in January.