Business
The FTX debtors said they have located $2.2 billion worth of assets on the main exchange, only a third of which are liquid.
Several major crypto companies have stopped processing deposits and withdrawals through the once mighty fiat on-ramp Silvergate Bank.
Regulation
The Treasury and Federal Reserve seem “decided” on a digital dollar, but political resistance is mounting, say D.C. sources.
DeFi
Insider insights on MakerDAO’s 2022 financial report, Lido’s future, and managing a decentralized treasury with Stakehouse Financial’s Sébastien Derivaux and adcv.
Bitcoin
Market depth for Bitcoin and Ethereum has continued to fall this week, hitting a low last seen in May 2022.
Paxos-issued stablecoin BUSD saw $6 billion worth of outflows over the last month as it faces increasing pressure from regulators.
Kraken joins Binance in limiting certain transactions through Signature Bank, after the firm implemented a policy to no longer process transactions below $100,000.
Ethereum
Account abstraction, which turns user accounts into contract accounts on Ethereum, is now a reality after the deployment of ERC-4337 on Wednesday.
The SEC and CFTC have laid a series of charges against the former director of engineering at FTX, Nishad Singh, after he pleaded guilty to six counts of fraud and conspiracy in a federal court on Tuesday.
Celsius has burned 11,500 WBTC worth $270 million, taking the tokenized asset’s supply to a 22-month low.
