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Takashi Murakami to Release Collection of 13 NFTs Linked to Physical Hublot Watches

Twelve of the thirteen timepieces will be made exclusively available to holders of Murakami and Hublot’s previous NFT collection.

The White House Is Concerned About Crypto

The White House published a statement warning about the risks of cryptocurrencies, pointing to last year’s various collapses. I spoke to an administration official about the statement and what it means.

Sam Bankman-Fried's Emergent Fidelity Technologies Files for Bankruptcy

Emergent is owner of 56 million shares of online brokerage Robinhood.

Decentralized Lending Protocol Centrifuge Accrues $6M Unpaid Debt

Fintech investment firm 1754 Finance, the originator of the debt pool with the most distressed loans, said it is liquidating the assets off-chain and negotiating with borrowers for repayments.

Filecoin Creator Protocol Labs Cuts 21% of Staff

Protocol Labs, the company behind decentralized file storage network Filecoin, is laying off 21% of its staff, CEO Juan Benet announced in a blog post on Friday.

Options Automated Market Maker Lyra Deploys to Arbitrum Network

With the Newport upgrade, Lyra is also now integrated with GMX perpetuals, allowing users to benefit from improved capital efficiency and user experience.

Legal Expert Says Mango Markets Exploit Case Is Wake-Up Call For DAOs

Benjamin Bathgate, partner at Canadian-based law firm McMillan LLP, says the lawsuit against Avraham Eisenberg, the alleged Mango Markets exploiter, could impact how DAOs implement their legal and governing structures in the future.

Why Crypto Is Not an 'Industry'

What term should we use to describe the collective of individuals and projects working to further the use cases of blockchain technology? Are we an industry, a sector or something else? Noelle Acheson explains why this matters more than we might realize.

TZero to Sunset tZero Crypto App Amid Regulatory Challenges

Customers will have until March 6 to withdraw their assets from the platform.

MakerDAO Constitution Would Fund Sustainability Efforts With 20K MKR Tokens From Reserves, Emissions

With “scientific sustainability” as a core principle, the Maker Constitution is to play an active role in combating climate change by allocating $14 million worth of MKR tokens to its Scientific Sustainability Fund.

Crypto VC Firm Pantera Loses Co-CIO Joey Krug

A newly-formed executive committee will absorb Krug’s duties, according to a letter to limited partners.

Fed Policy Win Could Harm Bitcoin’s Wall Street Narrative

The January rebound in equities and knockout employment report may have undermined a few buy-bitcoin narratives, but the real value proposition behind bitcoin lies far beyond Wall Street in emerging markets, where bitcoin is in strong demand.

Charlie Munger Hasn't Taken the Time to Study Bitcoin: MicroStrategy's Michael Saylor

The MicroStrategy executive chairman was "sympathetic" to some of Munger's crypto criticisms.

US CFTC Chief Promises More ‘Precedent-Setting’ Crypto Enforcement Cases

Commission Chairman Behnam says his agency is gearing up for another year of significant actions in the crypto industry as he tries to ramp up his enforcement staff.

Nigeria’s Bitcoin Premiums May Better Reflect Country’s Demand for the Dollar, Not Crypto

Nigerians are paying a premium, but probably more for the U.S. dollar than for bitcoin, an analyst told CoinDesk.

Zodia Custody Teams Up With SBI Digital Asset Holdings to Form Crypto Custodian in Japan

Zodia Custody and SBI are aiming to appeal to institutions interested in crypto investment and adoption.

US Senate Banking Committee to Hold ‘Crypto Crash’ Hearing This Month

The crypto industry’s 2022 dramas will again fall under the U.S. Senate’s microscope this month when the Senate Banking Committee holds a Feb. 14 hearing to examine financial system protections from the dangers seen in digital assets.

Web3 Community NounsDAO Is Creating an NFT Comic Book Series

Teaming up with comic publisher Titan Comics and NFT community ComicsDAO, the comic book series will build a narrative around Nouns NFTs, further expanding its intellectual property.

Craig Wright's UK Case Against 16 Bitcoin Developers to Go to Full Trial

A full trial is expected in early 2024 following a successful appeal.

Bitcoin Falls After 517K Jobs Added in January, Beating Expectations

Alongside, the government reported the unemployment rate fell to 3.4%, below the forecast of 3.6%.

UK Crypto Rules Set a Modest Post-Brexit Divergence From the European Union

The industry is keenly watching divergences from Brussels in areas like stablecoins, lending and bitcoin disclosures.

Russia's Sberbank Will Introduce DeFi Platform by May: Report

The bank's blockchain product director believes DeFi will one day replace traditional banking services.

Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt

NYDIG had previously said it would object to a $70 million lifeline loan for Core if its own deal wasn't finalized.

UK Bank Nationwide Has Restricted Card Payments to Binance

Nationwide said it has taken this decision due to "media coverage" and "regulatory uncertainty."

Binance-WazirX Dispute Rages as the Indian Crypto Exchange Is Told to Move Funds Out of Binance

The solution ostensibly ends worries about what would happen to customer funds if Binance and WazirX end their collaboration.

Indonesia Delays Crypto-Stock Exchange Launch Again, This Time Until June: Report

The government, which is in the process of changing regulators for crypto, had initially planned to roll out the trading platform by end-2021.

Binance Re-Enters South Korea by Buying Majority Stake in Crypto Exchange GOPAX

The acquisition sees Binance re-enter the South Korean market, having closed its affiliate there in December 2020 due to low usage.

Bitcoin Market Sentiment Is Most Bullish in 14 Months With US Jobs Report Due

The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days of late 2021.

Bankman-Fried Family Subpoenas Opposed by US Government in FTX Filing

Planned demands for information on the crypto exchange’s dealings would duplicate the work of the independent examiner who has yet to be appointed, the US Trustee said

India Reveals IMF Is Working With G-20 for Crypto Regulations

India has officially revealed details of the ongoing work in the G-20 around how to regulate crypto.

Jack Dorsey-Based Social Network Nostr's Damus App Banned From China App Store

A notification from Apple says that Damus “includes content that is illegal in China.”

Australia Releases Token Mapping Consultation Paper, Plans to Reveal Crypto Rule Framework in 2023

The Australian government released a token mapping consultation paper on Friday.

Logan Paul Named in Proposed Class-Action Suit for CryptoZoo ‘Rug Pull’ After CoffeeZilla Expose

A suit filed in U.S. Courts in Texas alleges fraud, breach of contract, unjust enrichment, violation of deceptive trade practice law, and negligence over a token sale for a Web3 game that never materialized.

Sam Bankman-Fried Negotiating Bail Conditions: Court Filing

Bankman-Fried’s current bail conditions bar contact with current or former employees of FTX and Alameda Research, something that the disgraced founder is alleged to be doing.

First Mover Asia: Bitcoin Dips Into Red but Holds Strong Above $23.5K

Bitcoin dips into red but holds over $23.5K. ALSO: CoinDesk analyst Glenn Williams Jr. highlights the spike in crypto trading activity following the U.S. central bank's interest rate hike.

Marathon Digital Sells Mined Bitcoin for First Time to Monetize Recent Rally

The bitcoin miner sold 1,500 bitcoins in January.

OpenSea Releases Suite of New Tools for Creator NFT Drops

The new experience allows select creators to include multi-stage minting phases, allowlist support and personalized landing pages for their NFT releases.

Crypto Market’s Post-Fed Rally Continues as DeFi, Smart Contract Platform Sectors Star

Uniswap's UNI token and Avalanche's AVAX token were recently up about 4.5% and over 3%; ether rose 3% at one point Thursday following unexpectedly moderate comments from Fed Chair Jerome Powell.

Silvergate Stock Tanks on Report of DOJ Probe Tied to FTX, Alameda Dealings

Shares of the crypto bank were falling almost 30% following the publication of a Bloomberg article Thursday.

Crypto Software Firm President: We're Trying to Make California’s DMV More Efficient With Blockchain

Car titles that once lived on paper will be reflected as digital assets on-chain, reducing the need for paper title transfers. Andrew Smith, president of blockchain software company Oxhead Alpha, discusses why his firm is turning to the Tezos blockchain to build out the protocol.

MicroStrategy Books Impairment Charge of $197.6M on Q4 Bitcoin Holdings

The business software company reported its fourth quarter results on Thursday afternoon.

Mastercard’s NFT Leader Quits, Mints His Resignation Letter on the Way Out

Satvik Sethi wrote in a series of tweets that each non-fungible token, available as an open edition for 0.023 ETH (about $38) on Manifold, will support his new ventures as an artist and founder of Web3 social platform joincircle.

Crypto Winter Led to 91% Plunge in VC and Other Investments for January

A CoinDesk analysis shows crypto startups only raised $548 million last month, and FTX’s full impact on industry fundraising likely remains to be seen.

Alleged Mango Markets Exploiter Eisenberg Is Working to Negotiate Bail Following First NY Court Hearing

Avraham Eisenberg faces criminal fraud charges for draining $116 million from Mango Markets.

86% of Stablecoin Issuer Tether Was Controlled by 4 People as of 2018: WSJ

Documents reveal the previously unknown ownership structure of the secretive stablecoin issuer.

Fund Management Giant State Street Increases Stake in Silvergate to 9.3%

State Street disclosed a 9.3% stake in troubled crypto lender Silvergate Capital (SI) as of Dec. 31, according to a filing Thursday with the Securities and Exchange Commission (SEC).

BNY Mellon Names Caroline Butler CEO of Digital Assets

Custodial banking giant BNY Mellon (BK) has promoted Caroline Butler to CEO of Digital Assets, the lender announced Thursday.

Orion Protocol Loses $3M of Crypto in Trading Pool Exploit

Crypto trading venue Orion Protocol is down $3 million after an apparent exploit drained pools.

Coinbase Shares Soar as Crypto-Related Stocks Continue Post-Fed Rally

Barclays analyst said Coinbase volumes rose 56% in January from the previous month.

Crypto Exchange Bittrex Laying Off More Than 80 People

CEO Richie Lai cited the “new economic environment” as the primary reason for the cuts.

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