Author: AOTCC
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North Korean hackers launder $27M ETH from Harmony Bridge attack
Three main addresses carried out transactions worth $27.18 million to six crypto exchanges.
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Bitcoin eyes $25K as BTC price nears best weekly close in 5 months
Bitcoin bulls have everything to play for as the weekly and monthly closes decide what could be Bitcoin’s best January in ten years.
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South Korea to deploy cryptocurrency tracking system in 2023
The “Virtual Currency Tracking System” will be used to monitor transaction history, extract information related to transactions and check the source of funds before and after remittance.
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Yuga Labs co-founder to take leave of absence due to health reasons
Aronow said he will still be contributing as a board member and strategic advisor. However, his priority will be to get the best medical treatment he can to make a full recovery.
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FTX creditors list, BlockFi $1.2B exposure and new Celsius token: Hodler’s Digest, Jan. 22-28
FTX will be the subject of a U.S. Senate hearing, authorities take HashFlare founders into custody and New York finalizes its PoW ban.
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Core Scientific files motion to sell over $6M in Bitmain coupons
Some conditions applied to the coupons make them useless for Core Scientific’s business, a court filing shows.
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Sam Bankman-Fried seeks to access FTX funds
Sam Bankman-Fried lawyers claim he was not involved in previous unauthorized transactions, and should have access to company assets.
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Genesis Capital’s fall might transform crypto lending — not bury it
TradFi firms with expertise in risk management may soon “fill the void” left by bankrupt crypto lenders, a Duke finance professor predicts.
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US gov’t $1.5T debt interest will be equal 3X Bitcoin market cap in 2023
The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices.
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IRS reminds taxpayers of crypto income reporting ahead of 2022 filing
The IRS’s recommendation to check “Yes” boils down to receiving, earning, transferring or selling cryptocurrencies for any monetary benefit, including mining and staking.