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US GAO recommendations to SEC before spot Bitcoin ETF approval revealed

In its assessment, the GAO found that although the SEC has a dedicated wing toward emerging technologies, it’s not well equipped to deal with the current challenges and needs specific improvements.

Multiple US Senate bills object to CBDC's definition of ‘money’

The bills could create significant roadblocks to a CBDC in the United States.

$383B worth of crypto projects based in Switzerland and Liechtenstein: Report

The largest of them all, the Ethereum Foundation, is headquartered in Zug, Switzerland.

Estimated $1.1B flees GBTC in 3 days as ARK begins buying own Bitcoin ETF

Roughly $1.1 billion has flowed from Grayscale’s ETF in the last three days as traders hit the exit after its discount narrowed.

Bitcoin ETFs top 3X daily volume of all 500 ETFs launched in ’23 combined

On Jan. 16, spot Bitcoin ETFs generated $1.8 billion in volume — more than three times the combined trading volume that same day of all 500 ETFs launched in 2023.

Vitalik Buterin says L2s using Celestia are validiums, not genuine rollups

The Ethereum co-founder has sparked a debate on whether validiums are in the same category as layer 2 rollups.

EU banking authority extends Anti-Money Laundering guidance to crypto

EU-based crypto firms are now subject to guidance from the banking watchdog in its “fight against financial crime.”

Sam Bankman-Fried’s parents seek dismissal of FTX clawback lawsuit

Joseph Bankman and Barbara Fried said the lawsuit seeks to “capitalize on the sheer fact” they were the parents of the former FTX CEO.

IRS steps back crypto tax rules, exempting TXs over $10k from obligations

The IRS didn’t state when it intends to issue new regulations detailing how U.S. businesses will need to report cryptocurrency transactions.

Bitcoin miner Core Scientific to exit bankruptcy, relist shares in ‘coming days’

Crypto mining firm Core Scientific is putting an end to its 13-month restructuring journey, with an emergence targeted for Jan. 23.

Being a developer for the decentralized web sucks

Web3 developers are suffering from a lack of common standards for integrating the tech, apps, and APIs that they need in order to build.

Socket protocol loses $3.3M in confirmed approval exploit

An attacker drained funds from users who had previously made infinite approvals to a Socket contract.

Cantor Fitzgerald head on Tether reserves: ‘They have the money’

Howard Lutnick should be in a position to know about Tether’s finances, as his company is its U.S. Treasury securities portfolio manager.

Bitcoin price shows strength at $43K despite Coinbase, GBTC selling

Bitcoin price continues to rebound even as the spot BTC ETFs fail to meet investors’ expectations.

Use cases, not greed, will drive the industry forward: Crypto panel at Davos

Crypto influencers may increase interest in the space by making investors believe they can achieve short-term gains, but uses for blockchain technology could make them stay.

Fake spot Bitcoin ETF tweet ‘likely wasn’t the SEC,’ says Blockchain Association director

Ron Hammond said the inclusion of the Bitcoin logo and the graphics scheme suggested that the SEC had not been behind drafting a spot BTC ETF approval tweet.

Ethereum outperforms Bitcoin by 20%, but how long can ETH hold $2.5K support?

ETH’s rally is backed by increased on-chain activity and the markets’ anticipation of a network upgrade and spot ETF, but is this enough?

Grayscale Bitcoin Trust ETF transfers another $376M in BTC as price stabilizes

The GBTC fund sent another 8,730 BTC to Coinbase Prime as the Bitcoin price leveled out from earlier declines.

Multichain CEO resurfaces on Telegram as investors search for answers

He’s arrest by Chinese police in May 2023 led to the collapse of the $1.6 billion Multichain protocol.

Governance key to enjoying rapidly developing benefits of AI: WEF panel

Industry executives expressed optimism and caution at a World Economic Forum panel on AI hosted by Cointelegraph’s Kristina Lucrezia Cornèr.

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