Industry
MakerDAO announces a $5M legal defense fund
According to a Feb. 1 tweet, MakerDAO has approved the creation of a new fund dedicated to expenses related to legal defense.Jerry McNeillFacebook Parent Meta's Metaverse unit loses $13.7B in 2022
The social media giant reported a loss of $4.3 billion in the unit on revenue of $727 million in the fourth quarter of 2022.Sherry CantwellSouth Korea to install crypto tracking system in 2023
The South Korean Ministry of Justice has announced plans to introduce a cryptocurrency tracking system to combat money laundering and recover funds linked to criminal activities.Barry StidhamThe Sandbox’s SAND has soared 90% since the beginning of the year before token unlocks
Virtual world The Sandbox's SAND token has seen a price surge in the month ahead of its planned February 14 unlock.Craig GreenElon Musk Is Trying To Build A Twitter Payments System And Crypto May Be Part Of It
Twitter CEO Elon Musk has reportedly instructed his developers to build the platform's payment system in such a way that encryption capabilities could be added in the future.Christopher SmithIs Sudoswap dropping airdrop? How to be eligible?
Sudoswap has confirmed that they will be launching their own token called "SUDO" in the future.Cornell RachelADA-Backed Algorithmic Stablecoin 'Djed' Launches on Cardano
The new algorithmic stablecoin Djed (DJED) launched on the Cardano mainnet and is pegged to the US dollar and backed by Cardano’s native cryptocurrency,Craig GreenCentral Bank of Montenegro Partners with Ripple to Develop CBDC
Montenegro Prime Minister Dritan Abazović announced on Twitter that his country is seeking a digital currency in partnership with Ripple.Christopher SmithCryptocurrency queen once wanted by the FBI "resurfaces" after 5 years
Ruja Ignatova, who calls herself the queen of cryptocurrencies, is now back in the spotlight, at least in part, as news of the sale of a luxury London penthouse grabs the headlines.Cornell RachelToyota Hosts Web3 Hackathon Using Astar Network
Japan's largest conglomerate, Toyota Motor Corporation will sponsor the world's first global Web3 hackathon.Martha GrizzardValidators shut down as Secret Network struggles with leadership
SmartStake, the main validator in the Cosmos ecosystem, has announced that it will shut down its node after the personal profits of secretive foundation founder Tor Bair were revealed.Wayne IngramBinance blocks accounts in Bitzlato case
Binance, the cryptocurrency exchange linked to the Bitzlato investigation, has been quietly shutting down multiple accounts on the platform.Hallie GillEl Salvador’s volcanic Bitcoin City wins international architectural design award
El Salvador has won an international award for its ambitious and environmentally friendly Bitcoin City, which will be built on the bottom of a volcano.Sherry CantwellNFT Project Azuki's Twitter Profile Is Hacked, Steal Over $750K Worth Of Asset
The Twitter account of Azuki, a popular anime-based NFT project, was compromised on Jan. 27, allowing hackers to steal over $750,000 in U.S. Dollar Coin (USDC).James DeanYuga Labs co-founder to take leave of absence for the health reasons
Non-fungible token (NFT) entrepreneur Wylie Aronow of Yuga Labs the team behind Bored Ape Yacht Club (BAYC) and CryptoPunks is taking time offBarry StidhamCalifornia To Tap Tezos For New Pilot Project
a new pilot program at the California DMV may change that. The state is now launching a pilot program that will run on Tezos to manage state records on car ownership.Craig GreenU.S. securities regulator probes investment advisers over crypto custody
The U.S. Securities and Exchange Commission (SEC) has been investigating traditional Wall Street investment advisers who may have provided digital asset custody services to their clients without proper qualifications.Christopher SmithArizona state senator introduces bill to make Bitcoin legal tender
A series of new bills introduced by state Senator Wendy Rogers aims to make bitcoin legal tender in ArizonaMartha GrizzardOpensea was sued by NFT collector for locking account after getting scammed
A non-fungible token (NFT) collector has taken legal action against the OpenSea NFT marketplace over multiple allegationsWayne IngramSEC rejects Ark21Shares spot Bitcoin ETF for the second time
The SEC has again rejected a proposal to list the ARK 21 Shares Bitcoin ETF on stock exchange Cboe BZX, having rejected a similar proposal in AprilHallie Gill
