Regulation
Hacks
Harmony hacker moves $726k worth of stolen WETH
The new wallet received 463.82 WETH across five transactions and has remained dormant — without inflows or outflows for roughly an hour as of press time.
Bankruptcy
Voyager creditor files Motion for Chapter 11 trustee
The creditor said the introduction of a Chapter 11 trustee is the most cost-efficient way to bring the case to an "equitable end."
DeFi
Shredded Apes LP drained, 78M tokens liquidated
Roughly 78 million WHEY tokens have been drained from the Shredded Apes royalties wallet in a breach.
Bankruptcy
FTX Group interim financial update contradicts court filing, shows exchange had $1.43B in cash
Roughly 40% of FTX Group employees have been cut since the end of 2022 as administrators continue to sift through bankruptcy aftermath.
Scams
UK home to hundreds of companies running crypto, forex scams
The U.K. government pledged to "tighten the rules, including the introduction of a requirement to verify information provided to Companies House" to more effectively combat the fraudulent activities.
Analysis
Genesis Trading wallets halted – holding over $280M
Genesis Trading wallets have ceased transactions over the last 12 hours after announcing it is filing for bankruptcy.
Bankruptcy
Silvergate Capital posts $1B loss in Q4’22
Silvergate reported a net loss of $1 billion and a decrease in digital asset customers and customer-related fee income.
Staking
Shift toward Liquid Staking Derivatives expected after ETH Shanghai upgrade
Ethereum's Shanghai upgrade in March will enable withdrawals from the beacon chain by granting ETH validators the ability to unstake.
Stablecoins
Stablecoin collapse could impact U.S. bond market, economist warns
Economist Eswar Prasad has warned regulators that a bank run on Stablecoins could have significant impact on the U.S bond markets.
Analysis
Alameda liquidators hit with liquidation for second time in 3 days
Alameda Research's liquidator positions have been liquidated twice in less than four days due to forcibly closing leveraged positions.
Trading
Solana looks to move back into top 10 as SOL gains 36% over past week
Solana market cap temporarily flipped Polygon following its significant price recovery — SOL sights set on re-entering top 10.
Research
Research: BTC Hash Ribbon indicator signals miner capitulation could be almost over
Bitcoin (BTC) Hash Ribbon indicator signals market bottom might be in as worst of miner capitulation passes.
