๐ค CryptoAttack ๐ฌ๐ง
๐ฃ Silbert said DCG has never pooled funds with any of its subsidiaries and has no relationship with Three Arrows Capital. โGenesis had a trading and credit relationship with 3AC and 3AC defaulted on its loans from Genesis. Separately, 3AC has been an investorโฆ
๐ In DCG emphasizedthat the $1.1 billion promissory note issued by Genesis maturing in 2032 is non-callable, meaning that DCG does not need to immediately repay the debt in a possible reorganization of Genesis.
DCG's two Genesis loans totaling $525.5 million are independent, meaning DCG will not be affected by an investigation into potential related transactions.
DCG's two Genesis loans totaling $525.5 million are independent, meaning DCG will not be affected by an investigation into potential related transactions.
๐ฎ #AXS Axie Infinity launches Origins Season 2 with 112,000 AXS reward. axie.substack.com
The Lunacian
Axie Infinity: Origins Season 2 is Here!
New gameplay. New rewards. The Arena awaits.
๐บ๐ธ๐ฃ W. Bowman (Fed): Recent events have made it clear that crypto activity can pose significant risk to consumers, businesses, and possibly the larger financial system.
Some banks will continue to explore ways to get involved in crypto-related activities. The Fed will continue to focus on this area in light of the significant risks, but we don't want to stifle innovation. By discouraging innovation, we could push growth in this area to the non-banking sector, leading to much less transparency and potential financial stability risk.
Some banks will continue to explore ways to get involved in crypto-related activities. The Fed will continue to focus on this area in light of the significant risks, but we don't want to stifle innovation. By discouraging innovation, we could push growth in this area to the non-banking sector, leading to much less transparency and potential financial stability risk.
๐ฆ๐ท The Ministry of Economy of Argentina has developed a bill encouraging citizens to declare their crypto assets at reduced tax rates. cointelegraph.com
Cointelegraph
Proposed bill in Argentina encourages citizens to reveal crypto holdings
The Ministry of Economy of Argentina is attempting to get on top of money laundering with a proposed law that would see Argentine citizens encouraged to declare their cryptocurrency assets with tax incentives.
๐ #GMX Due to the recent increase in volatility, GMX (Arbitrum + Avalanche) earned over $2.74 million in fees on January 9, which is an all-time high, second only to Ethereum. 30% of GMX fees will be distributed to GMX holders as income, ~$822,000.
๐บ๐ธ๐ The US House of Representatives will vote on a bill that would eliminate the need for an IRS and abolish income tax.
๐ค CryptoAttack ๐ฌ๐ง
๐ฌ #COIN Coinbase will lay off another 950 people.
๐ #COIN Coinbase VP of Business Development and International Relations: The company is gradually closing most of its operations in Japan.
๐ฐ๐ Not Boring Capital Launches New $30 Million Fund to Invest in Web3 notboring.com
๐ Data: CME 3-month BTC futures show positive premium for the first time since crash FTX coin desk
๐ #WRX According to the Proof Of Reserves report, 90% of WazirX user assets are in Binance wallets.
โWe are not only Indiaโs largest crypto exchange by volume, but also Indiaโs largest crypto exchange by reserves,โ WazirX blog says.
coindesk.com
โWe are not only Indiaโs largest crypto exchange by volume, but also Indiaโs largest crypto exchange by reserves,โ WazirX blog says.
coindesk.com
๐ค CryptoAttack ๐ฌ๐ง
๐ Dutch crypto exchange Bitvavo: Access to the โฌ280 million assets held in DCG is no longer possible, service will not be interrupted and customers can continue to withdraw theblock.com
๐ฐ๐ Web3 development platform Spike completed a new round of funding, Kucoin and others participated in the investment m.techflowpost
๐งฏ๐ #MATH MathWallet used 20% of Q4 2022 revenue to buyback and burn MATH twitter.com
๐ฆ๐ช๐ Henson Orser, a Nomura veteran who served two years as president of the Komainu crypto project, leads Dubai's virtual asset regulator.
#regulation theblock.com
#regulation theblock.com
๐ค CryptoAttack ๐ฌ๐ง
๐ Ark Invest has again added about 170,000 Coinbase shares worth about $5 million. coindesk.com
๐ Cathy Wood's Ark Invest (ARKK) Fund Adds 33,000 Coinbase Shares coindesk