A fine of 700 million dollars for the former director of FTX

According to new court filings, disgraced FTX founder Sam Benkman-Fried (SBF) will face forfeiture of $700 million in assets if convicted of fraud. The majority of this amount is related to trading shares of Robin Hood brokerage, which has a value of more than 500 million dollars.

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More than 30 thousand Web3 scholarships in 2023

Binance's philanthropic arm is set to provide 3,065 scholarships to students aspiring to build careers in Web3 in 2023. In a blog post, Binance explained that the Binance Charitable Scholarship Program (BCSP) offers free Web3 training and education courses that enable tech-savvy students to jump over unnecessary financial hurdles. improve their skills. In this regard, Binance said: We know that training and developing digital skills can be out of reach for many, and as a result, the blockchain industry lacks diversity and talent. The Binance Scholar program changes all that, covering tuition and course fees at some of the world's leading universities, colleges, and professional education providers.


The London Business School also presents scholarships to students who are interested to study in a master's or MBA in blockchain program.

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The willingness of women to invest in digital currency

According to statistics published by a brokerage company, the desire of women to invest in digital currencies has increased more than before. According to this research, which was conducted by more than 10 thousand retail investors in more than 12 countries and on 3 continents, it showed that retail investors will increase from 33% to 44% from the first quarter of 2022 to the last quarter of this year. has done. The growth of women's investment has also increased by 10% from 24% to 34% in the same period of time. According to the report, digital currency is currently the second asset held by women in the world after cash.


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One of Binance's banking partners stops processing SWIFT-based transactions below $100,000.

Binance has informed its retail customer base of a potential incoming service disruption that may halt on and off-ramp bank payment transfers.
The service disruption will impact users of U.S Dollar-held bank accounts that are looking to buy or sell cryptocurrencies for less than $100,000 via the SWIFT payment system. The disruption will take effect on Feb. 1.
Binance announced the news to its “Binancians” by email on Jan. 21, stressing that they’re now “actively seeking” a new SWIFT (USD) partner to avoid service disruptions for future bank payment transfers.


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Cardano CEO: How exciting everything is

In his latest tweet, the founder of Cardano, Charles Hoskinson, mentioned the recent developments of the Cardano network and described it as very exciting. appear “It's exciting to see things moving so quickly in the Cardano ecosystem. Sidechains including Cosmos djed launching soon, Hydra and Mithril are on schedule, Lace is almost out of beta, and thousands of DApps coming online.

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Sam Bankman Fried seeks access to FTX again

Sam Benkman Fried, the former CEO of FTX Exchange, which went bankrupt a while ago, is thinking of regaining access to this exchange. According to news published by Cointelegraph, Sam Bankman-Fried's lawyers have argued that he should be allowed access to assets and cryptocurrencies belonging to his former company FTX, saying there is no evidence that he was responsible for any previous unauthorized transactions and therefore He must have access to prior authorizations. In a letter from Benkman-Fried's attorney, Mark Cohen, to U.S. District Court Judge Louis Kaplan, Benkman-Fried must have access to assets held by FTX because He has not participated in previous illegal transactions.


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The White House released a statement offering the administration of US President Joe Biden a roadmap to reduce the risks associated with digital currencies. The administration's legislative guidelines have proposed much of this document to the US Congress. The authors of the statement charted a two-pronged path. They wrote:
We have spent the past year identifying the risks of digital currencies and taking action to mitigate them using the powers available to the executive branch. Second, executive bodies are increasingly enforcing and issuing new directives. Increasing the powers of the legislators, strengthening the requirements related to the disclosure of information, intensifying the penalties, increasing the budget for law enforcement, and following the recommendations of the US Financial Stability Oversight Council are also among the recommendations in this roadmap.

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Porsche NFTs traded at $5 million

The set of non-fungible tokens (NFT) of the German luxury car manufacturer, the Porsche brand, reached 2839 Ether, which is about 5 million dollars. Originally scheduled to issue a total of 7,500 non-equivalent tokens, Porsche abruptly halted the minting process on January 25 after some users complained about the high minting price and lack of tools for NFT holders. That time has decreased to 2363 numbers.

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The sharp decline in BUSD market value

According to data from the Nansen Statistical Platform, the circulating supply of BUSD stablecoin decreased to about 15 billion dollars on January 25, which shows a decrease of 1 billion dollars compared to last week. The market value of BUSD is due to problems related to management. The dollar-pegged token, which was first revealed in January 2023, has continued to decline. While Binance denies reports that the stablecoin is not fully supported, investor fears have led to a massive exodus.


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Increasing the monthly sales volume of the NFT market

Trading volume for non-fungible tokens (NFT) increased sharply in January as cryptocurrency markets emerged from a months-long bear market. NFT sales jumped 38% month-on-month to $946 million in January, the highest volume recorded since June 2022, according to new data from the market intelligence platform DappRadar. It should be mentioned that the value of the total locked capital of the DeFi sector increased by 26% from December to January.


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Digital currency advertising in the American Football League was closed

According to the Fox News website, this year there will be no digital currency ads in the Super Bowl or the annual American football game of the National Football League. Called. It is said that the reason for this is the collapse of the reliable FTX exchange and the sharp drop in the price of digital currencies last year. Of course, in this regard, CoinDesk claimed that the bankruptcy of many crypto companies is another reason for this. It should be noted that this competition has become the most-watched television competition in America over the years.



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Users' capital in Aptos continues to liquidate

According to the statistics published by Coinglass, in the last 24 hours, the transaction of more than 62 thousand traders has been liquidated for 145 million dollars, and the issue of concern is the presence of Aptos currency among the first three coins of the liquid table, and this is the case In recent days, Aptos has always been among the top 3 currencies in the table, and after Bitcoin and Ethereum, it has the largest amount of liquid.

According to these statistics, the most liquid is related to Ethereum, Bitcoin, and Aptos currencies, among which Ethereum is the leader with $30 million, followed by Bitcoin with $29 million. The interesting thing to note in this list is the presence of Aptos among the first three currencies, where more than 5 million dollars of users' capital has been liquidated in positions.


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The increase in the number of wallets with bitcoins

According to the crypto analytics platform Glassnode, the number of Bitcoin addresses with balances above zero has reached an all-time high of 44 million. The company claimed that for the first time in Bitcoin's 14-year history, a portion of the network's activity was being used for purposes other than peer-to-peer money transfers. Glassnode wrote in this regard: This is a special and unique moment in the history of Bitcoin, where an innovation without using the classic method of transferring coins for monetary purposes creates activity on the network.



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The surprise of the Japanese: the creation of the Metaverse economic zone

Interest in Metaverse is growing globally and countries around the world are rushing to participate. In Japan, a country often associated with its legacy tech sector, a group of well-known tech companies agreed on February 27 to push forward with the creation of the "Japan Metaverse Economic Zone." Along with the creation of Japan's Metaverse Economic Zone, the agreement focuses on creating an open Metaverse infrastructure called Ryogoku, which will spark the next wave of Metaverse development. This open metaverse infrastructure helps create interoperable tools for users and developers on different platforms. It will also serve as a new social infrastructure for enterprise digital transformation.




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Ethereum's new asset recovery feature

A new and unique feature has been added to this blockchain by Ethereum developers, which has attracted the attention of users. This feature is called Account Abstraction and has been added to the blockchain with the ERC-4337 standard, which can make it easier to recover assets if the private key of a wallet is lost or lost. According to the announcement published by the developers, two account models have been launched to store digital currencies on the Ethereum network. Accounts under foreign ownership (EOA) and contract accounts (CA accounts), unlike EOAs, are managed and controlled with code instead of private keys, and by using the Account Abstraction feature, a mechanism can be designed by integrating these two different forms of accounts so that users They can still access their account if they lose their private key.



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The theft of 20 million dollars from the field of DeFi

According to DeFi Llama, crypto hackers stole $21.41 million worth of digital assets from decentralized finance (DeFi) platforms in February. In this regard, Difai Lama claimed that in January, only 740 thousand dollars were stolen from the digital assets of this field, and this amount has grown significantly in February. It is worth mentioning that hackers stole about 3.7 billion dollars of digital assets in 2022.




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Unveiling the first collection of NFT Starbucks

Starbucks Odyssey, the coffee company's Web3 loyalty program, today released the first limited edition of its non-fungible tokens (NFTs), which it calls Stamps. The program, which is still in invite-only beta, allows members to complete activities such as shopping in-store to earn stamps. It is said that the members of this group receive rewards by performing various activities, they can collect or resell them in the "Nifty Gateway" market.

The founder of Tron also sold his USD coins

According to the published data, Justin Sun, the founder and owner of Tron, has withdrawn about 80 million USD coins using various transactions from the Avi financial protocol and quickly converted them into stablecoin Dai. At the time Sun made these transactions, the transaction was worth around $77 million and he is said to have sold one of his wallets. In the meantime, several whales of this coin have announced their losses of billions after its price drop.