BlockFi Sells $160M in Loans Backed by Crypto Miners

Reading Time: < 1 minute Crypto lending platform BlockFi is trying to sell about $160 million in loans secured by about 68,000 Bitcoin miners.

Trading Volume in BTC Options Recovers to Levels Seen Before FTX Collapse

Reading Time: < 1 minute The volume of trading in Bitcoin options on crypto exchange Deribit amounted to $4.25 billion at the end of the previous week.

Tornado Cash Users Now Can Prove Legitimacy of Funds Origin

Reading Time: < 1 minute The service provides law-abiding users with the ability to create a list of malicious wallets they don’t want to be associated with.

US Authorities Seize Almost $700 Million from Sam Bankman-Fried

Reading Time: < 1 minute US federal prosecutors have seized $697 million in assets from FTX founder Sam Bankman-Fried.

Ether Will Become a More Attractive Investment Than Bitcoin

Reading Time: < 1 minute Dragonfly Capital believes that Ether will become a more attractive digital asset compared to Bitcoin in the coming months.

Digital Currency Group is Considering the Sale of CoinDesk

Reading Time: < 1 minute Digital Currency Group is considering the possibility of selling CoinDesk, as well-known crypto-focused news portal.

CFTC Commissioner Calls for Common Standards for Crypto Industry

Reading Time: < 1 minute According to CFTC Commissioner Caroline Pham, the global community should develop common standards to regulate the digital currency market.

Hong Kong-based Crypto Exchange OSL is Laying Off Employees to Cut Costs

Reading Time: < 1 minute Hong Kong-based crypto exchange OSL will cut costs by about a third due to “ongoing turbulence in the crypto industry.”

CoinShares: Crypto Funds See First Weekly Inflow of Funds This Year

Reading Time: < 1 minute The inflow of funds into cryptocurrency investment products from January 7 to 13 amounted to $9.2 million.