Business
Crypto exchange OKX said it would compensate users for abnormal liquidation losses after the OKB token crashed 50% in three minutes on Tuesday.
Following an announcement late last year that it would invest in meme coins, the foundation disclosed the eligibility criteria for evaluating tokens its $100 million Culture Catalyst program may purchase.
Olaf Carlson-Wee said the VC firm’s tight risk controls proved invaluable.
Bitcoin
The SEC said its X account was compromised in a “SIM swap” attack, which led to the false spot Bitcoin ETF approval post earlier this month.
Alameda Research has voluntarily dismissed its lawsuit against Grayscale Investments, as its sister company FTX pulled $1 billion from GBTC.
A court in Washington, DC heard arguments in the SEC’s case against beleaguered crypto exchange Binance on Monday.
If almost half of the outflows from Grayscale Bitcoin Trust ETF is from the beleaguered crypto exchange’s estate, the market may calm its fears that investors are fleeing Bitcoin.
Ethereum
The Ethereum community’s concerns about execution client diversity has intensified, as roughly 84% of all validators are running Go Ethereum.
DeFi
Blockchain data shows that stablecoin transfer volume on Solana this month stands at $316 billion, marking a 2,500% increase from the same period last year.
Tech
Trezor is investigating a security incident that took place on Jan. 17, where 66,000 users may have had their contact details exposed.