Regulation
Bankruptcy
Bankrupt FTX wants to sell $175 million claim against Genesis to aid creditor repayment
Genesis claims are trading for around 65 cents on the dollar as of January ending.
Legal
DOJ charges trio in sim-swap scheme potentially linked to $400 million FTX crypto heist
The federal indictment refrains from explicitly naming FTX as the affected company, though reports strongly indicate its involvement.
Mining
US to launch survey on cryptocurrency miners’ energy consumption
The US has emerged as a major Bitcoin mining hub in recent years.
Mining
Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital
Bitcoin miner Hut8 said it could earn more than $100M for managing defunct Celsius mining assets.
Hacks
Singapore issues warning on rising ‘crypto drainer’ phishing scams
Web3 security firm Scam Sniffer reported that these drainers stole $10 million in the past week.
Stablecoins
Tether reports $5B reserve excess after making more profit than Goldman Sachs last quarter
Tether revealed that it held profits of $5.4 billion in reserves 'to ensure highest resiliency.'
Tokenization
Top crypto projects to release $1 billion tokens from lock ups this February
The planned token release could have a significant impact on the price dynamics of the digital assets.
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.
