Market
Crypto
UK authorities seize £1.4 billion in Bitcoin linked to Chinese investment fraud scheme
The suspects attempt to launder the BTC via properties failed because they could not explain its source.
Tokenization
Sui ends January with new ATH and soaring DeFi metrics
Sui is eyeing further growth with the development of "internet-less" blockchain network transactions.
Bankruptcy
Terraform Labs filed for bankruptcy to protect against potential SEC money judgment
Terraform Labs CEO explained that the firm's current focus is not profit generation.
Stablecoins
USDC supply surge as Circle’s expands native issuance to Celo for better payments
Celo's mobile-first approach gets a boost with Circle's USDC integration.
Crypto
German authorities seize record $2.17 billion in Bitcoin from piracy website
The German police said the seizure was the largest in its history.
DeFi
Abracadabra Finance’s MIM stablecoin falls from peg after $6.5M hack
The total value of assets locked on Abracadabra has tanked by more than $10 million following the incident.
Exchanges
Binance allows customers to custody trading collateral off exchange as market share recovers
Binance believes that this solution would paves the way for greater adoption amongst institutional investors.
ETF
Fidelity inflows smash Grayscale outflows as $255 million Bitcoin enters US market
Grayscale retains liquidity lead in crypto ETF space despite declining outflows
Mining
Bitcoin miner GRIID debuts on Nasdaq under ‘GRDI’ ticker
The miner recently completed a SPAC deal that valued it at $625 million.
Crypto
Global Bitcoin ETP holdings over 900,000 BTC as Grayscale outflows ‘subside’
Grayscale's outflow continue to dominate weekly outflows, despite data indicating that trend might be receding.
Analysis
Friend Tech goes from viral success to virtual ghost town
Activity on the platform has declined by more than 95% since it peaked last September.
Crypto
Harvest leads the charge with Hong Kong spot Bitcoin ETF application: Report
Hong Kong has received its first application for a spot Bitcoin ETF in the region.