Regulation
DeFi
$26 million in Bitcoin and Ethereum stolen from FixedFloat exchange
The FixedFloat exchange website has been switched into maintenance mode as of press time.
Adoption
Erik Voorhees advises Apple to tap into Bitcoin to ‘make a billion dollars instantly”
Bitcoin adoption could unlock a trillion-dollar opportunity for Apple, experts suggests.
Investments
Arkham Intelligence uncovers nearly all of MicroStrategy’s on-chain Bitcoin holdings
MicroStrategy's Bitcoin holding is worth almost $10 billion.
Stablecoins
Tether CEO implies Circle director misled Congress in ‘desperation’ attack on USDT
Further, JPMorgan analysts argued that US authorities can exert some control on Tether’s offshore usage via OFAC.
Banking
US banking groups lobby SEC for rule change to enter Bitcoin ETF market
The US banking sector is pushing to offer custodial services for the newly launched Bitcoin ETFs.
Legal
SEC Inspector General investigating crypto conflicts of interest within federal agency
Empower Oversight threatened the SEC with a lawsuit if it fails to provide information about the investigations.
Crypto
Crypto money laundering drops nearly 30% in 2023 as cyber criminals change tactics
Sophisticated crypto criminals are adapting their money laundering strategies and exploiting services like crypto mixers and cross-chain bridges.
Technology
Trust Wallet counters investigation rumors and vulnerability concerns
Trust wallet said it had addressed the vulnerability issue promptly in 2018 upon discovery.
Crypto
Tron founder unveils Bitcoin layer-2 solution as BTC DeFi breaks $1.2 billion in TVL
The total value of assets locked on the Bitcoin network has surpassed the $1 billion threshold for the first time, per DeFillama data.
Investments
Ark Invest offloads $34 million in Coinbase while shares jump 7% pre-market ahead of earnings report
Coinbase will release its earnings report for the 2023's Q4 at market close today.
Technology
Chainlink and Telefonica join forces to combat SIM swap attacks as LINK up 30% in Feb
Chainlink's LINK has enjoyed a positive week, rising nearly 8% during the period.
Mining
Bitcoin mining difficulty set to hit record high today amid US miner scrutiny
Bitcoin mining difficulty is expected to rise by 8% to a new all-time high.
