Trading
Legal
South Korea indicts Terra co-founder Daniel Shin
Shin had previously denied his involvement with Terra, saying he left the company long before the project collapsed.
Exchanges
Venture capital firms distance themselves from OPNX funding
Trading on OPNX is still low as it saw only $79,742 worth of transactions in the last 24 hours, according to CoinGecko data.
Staking
Kraken withdraws 330k ETH amid regulatory pressure – deposits outpace withdrawals in staking race
Despite its withdrawals, Kraken is still one of the largest depositors on the Beacon Chain, with 935,488 ETH staked as of press time.
Stablecoins
Tron’s $60B goal in sight as stablecoin dominance surges – fueled by Tether’s impressive run
Tether's USDT has had a largely positive 2023, with its market cap rising 6.18% in the past month to $81.4 billion.
Stablecoins
Crypto developers expose ‘absolutely horrible’ flaws in Societe Generale euro stablecoin
Centralized chaos: crypto developers reveal Societe Generale's euro Stablecoin issues — questioning its viability.
Censorship
Censorship concerns grow as Trezor integrates ‘CoinJoin’
Trezor is hiding comments that highlights the censorship concerns of its integration of CoinJoin — a Bitcoin privacy technology.
Regulation
Algorand down 10% despite Foundation claims that it isn’t security
Algorand Foundation CEO Staci Warden said they would not respond to other SEC allegations because they are not a party to the lawsuit.
Hacks
Safemoon hacker returns over $7M from stolen funds
Though the hacker has returned over $7 million of the funds, Safemoon's price remains unchanged despite the news.
Analysis
$300M liquidated in Bitcoin’s descent below $29k
Bitcoin (BTC) dropped below two psychological price barrier in the last 24 hours to liquidate $66.14 million long positions.
Analysis
Bitcoin whales accumulate over 20k BTC in just two days
Blockchain analytical firm Santiment said Bitcoin price volatility is at its lowest since the second week of January.
Analysis
MEV bot responsible for 7% of total gas on Ethereum network in 24 hours
The bot transactions pushed Ethereum's network gas fees higher during the period, according to ultrasound.money data.
Politics
US congressman Emmer says SEC chair Gensler is ‘incompetent’
U.S. lawmaker Tom Emmer said the SEC, under Gary Gensler, had consistently brought enforcement actions against crypto firms.
