🇺🇸🗽 #BTC David Bailey states that the son of the CEO of the company hired by the US Marshals to safeguard the nation’s Bitcoin stole $40 million from it. He emphasizes that the Treasury must secure the private keys from the Justice Department as soon as possible.
⚠️ CZ's Remarks at Davos:
CZ stated that the payments sector faces significant challenges, but the integration of traditional payments with cryptocurrency will drive growth. He expressed skepticism toward Bitcoin payments and Memecoins, citing high risks.
He predicted a substantial decline in traditional physical banks over the next 10 years. Implementing a global crypto regulatory framework is difficult, and he suggested a "regulatory passport" scheme, where licenses from one country are recognized by others.
He argued that technological improvements in speed and cost reduction do not increase risk, with bank liquidity issues stemming from the fractional reserve system. #regulation link
CZ stated that the payments sector faces significant challenges, but the integration of traditional payments with cryptocurrency will drive growth. He expressed skepticism toward Bitcoin payments and Memecoins, citing high risks.
He predicted a substantial decline in traditional physical banks over the next 10 years. Implementing a global crypto regulatory framework is difficult, and he suggested a "regulatory passport" scheme, where licenses from one country are recognized by others.
He argued that technological improvements in speed and cost reduction do not increase risk, with bank liquidity issues stemming from the fractional reserve system. #regulation link
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🇺🇸⛏️ Bitcoin Block Time Slows As Sweeping US Winter Storm Strains Power Grid, Prompting Miner Curtailments - link
🇺🇸📝 USA - Durable Goods Orders (Nov)
= +5.3% m/m
(exp +3.1% / prev -2.2%)
= +5.3% m/m
(exp +3.1% / prev -2.2%)
🇺🇸📝 USA - Chicago Fed National Activity Index (Nov) = -0.04 (exp -0.02 / prior -0.21) #macro
📈 #ETH Bitmine increased their reserves by an additional 40,302 ETH last week. link
🧑💻 Tokenized Gold Boom Trims Tether Gold’s Market Share Despite Rising XAUT Supply - link
😱 Kraken Rolls Out ‘DeFi Earn’ in US, EU and Canada Tapping Yield-Bearing Veda Vaults - link
📊 Security researcher Jeremiah Fowler disclosed a leaked Infostealer dataset containing approximately 149 million records, which includes around 420,000 Binance login credentials from malware-infected user devices affecting platforms like Gmail, Facebook, Instagram, and Netflix. Experts clarify that this incident is not a breach of Binance's systems but rather user-end infections. Binance plans to monitor the dark web, notify affected users, reset passwords, and recommend hardware MFA, antivirus software, and enhanced account security. link
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🇺🇸👀 #macro USA - Dallas Fed Manufacturing Index (Jan) = -1.2 (exp -8.5 / prior -10.9)
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📈 #ONDO Ondo Finance reached $2.5B in TVL, driven primarily by tokenized US Treasuries, offering global investors a stablecoin-like product with yield.
TVL has grown 350%+ year-over-year, supported by increasing participation from institutional TradFi players, regulated custody, and multi-chain deployment across Ethereum and BNB Chain.
TVL has grown 350%+ year-over-year, supported by increasing participation from institutional TradFi players, regulated custody, and multi-chain deployment across Ethereum and BNB Chain.