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Week in DeFi: Uniswap Drama, DeFi Giants Make Their Moves and Some Polkadot Action:
Another action-packed week of DeFi protocols shipping, amidst a retracement in the markets. Don't miss out on our weekly roundup of the most important DeFi tweets, news and alpha.

👉Details: https://coinmarketcap.com/alexandria/article/week-in-defi-uniswap-drama-defi-giants-make-their-moves-and-some-polkadot-action

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Crypto Lender Nexo Announces April 1 Withdrawal From U.S.
: The firm settled a lawsuit by the Securities and Exchange Commission and a number of state regulators by agreeing to a $45 million fine and to kill its crypto lending accounts.

👉Details: https://coinmarketcap.com/alexandria/article/crypto-lender-nexo-announces-april-1-withdrawal-from-u.s.

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New NFT Lets Rihanna Fans Make Money from Her Music, as Linkin Park Team Up with Web3 Artist:
Ahead of a long-awaited half-time show at the Super Bowl, Rihanna released 300 NFTs costing $210 each — and they had the potential to be a nice little earner for lucky holders.

👉Details: https://coinmarketcap.com/alexandria/article/new-nft-lets-rihanna-fans-make-money-from-her-music-as-linkin-park-team-up-with-web3-artist

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Coinbase CEO 'Hearing Rumors' That Staking Could Be Banned in U.S.
: Brian Armstrong sent out a Twitter thread on Feb. 8 warning that the Securities and Exchange Commission wants to ban retail consumers from staking cryptocurrencies.

👉Details: https://coinmarketcap.com/alexandria/article/coinbase-ceo-'hearing-rumors'-that-staking-could-be-banned-in-u.s.

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Hermès Wins MetaBirkin NFT Trademark Case, Setting a Precedent for Creators:
The luxury fashion brand was awarded $133,000 in a closely watched case that will have a lasting impact on how artists and brands will interact in the metaverse.

👉Details: https://coinmarketcap.com/alexandria/article/hermes-wins-metabirkin-nft-trademark-case-setting-a-precedent-for-creators

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Craig Wright Cannot Halt Bitcoin Blockchain via Copyright, U.K. Court Rules:
The ruling came as part of a larger lawsuit in which the man who claims to be Satoshi Nakamoto seeks to force 16 developers to rewrite the Bitcoin code to give him 111,000 BTC.

👉Details: https://coinmarketcap.com/alexandria/article/craig-wright-cannot-halt-bitcoin-blockchain-via-copyright-u.k.-court-rules

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Ex-Coinbase Manager Pleads Guilty to Insider Trading in Landmark Case:
A guilty plea by Ishan Wahi ends the first crypto insider trading criminal case, but sidestepped the question of whether the tokens were securities.

👉Details: https://coinmarketcap.com/alexandria/article/ex-coinbase-manager-pleads-guilty-to-insider-trading-in-landmark-case

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Fluke... or Sign of Life? CryptoPunk and Bored Ape Both Sell for $1M as NFT Values Rally:
The average price of collectable non-fungible tokens is soaring, as are sales. Is a new beginning in sight?

👉Details: https://coinmarketcap.com/alexandria/article/fluke...-or-sign-of-life-cryptopunk-and-bored-ape-both-sell-for-dollar1m-as-nft-values-rally

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Breakthrough at Genesis — Creditors Could Get Up to 80% of Their Funds Back:
The 340,000 Gemini Earn clients with funds frozen on the bankrupt Genesis platform will share another $100 million from the exchange.

👉Details: https://coinmarketcap.com/alexandria/article/breakthrough-at-genesis-creditors-could-get-up-to-80percent-of-their-funds-back

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Targeting Thieves, OpenSea Puts Three-Hour Hold on Some NFT Sales:
Saying fast resales can be a sign of theft, the leading NFT marketplace’s new tool can give time to detect thefts and prevent the purchase of stolen property.

👉Details: https://coinmarketcap.com/alexandria/article/targeting-thieves-opensea-puts-three-hour-hold-on-some-nft-sales

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Sam Bankman-Fried Planned to Spend $13M on a Super Bowl Ad:
A year after the "Crypto Bowl," few cryptocurrency companies are paying $6.5 million for a 30-second ad. At least there will be an NFT drop.

👉Details: https://coinmarketcap.com/alexandria/article/sam-bankman-fried-planned-to-spend-dollar13m-on-a-super-bowl-ad

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Baserank: The Future of Centralized Crypto Exchanges
: In the first column for CMC Research, crypto asset research platform Baserank provides a comprehensive overview of the current state of centralized exchanges.

👉Details: https://coinmarketcap.com/alexandria/article/baserank-the-future-of-centralized-crypto-exchanges

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Coffeezilla Pays $1,000 for Influencer to Promote NFT Scam:
The YouTuber recently took down Logan Paul's CryptoZoo project in a three-part investigation.

👉Details: https://coinmarketcap.com/alexandria/article/coffeezilla-pays-dollar1000-for-influencer-to-promote-nft-scam

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Week in DeFi: Zhejiang Testnet, Subnets Galore and an EVM-Driven Cosmos:
Start your week with the only DeFi alpha roundup you need.

👉Details: https://coinmarketcap.com/alexandria/article/week-in-defi-zhejiang-testnet-subnets-galore-and-an-evm-driven-cosmos

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Bitcoin Touches $24,000 as Federal Reserve Enforces Smaller Interest Rate Hike:
Bitcoin wasn't alone in rallying hard, with the tech-heavy Nasdaq index hitting its highest level since September 2022.

👉Details: https://coinmarketcap.com/alexandria/article/Bitcoin-Touches-dollar24000-as-Federal-Reserve-Enforces-Smaller-Interest-Rate-Hike

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One of North Korea's Favorite Crypto Mixers Is Back, Laundering $100M
: Blender.io, the first crypto mixing service hit by U.S. sanctions appears to have relaunched under the name Sinbad, a newcomer that gained a lot of Lazarus Group business quickly.

👉Details: https://coinmarketcap.com/alexandria/article/one-of-north-korea's-favorite-crypto-mixers-is-back-laundering-dollar100m

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France's Centre Pompidou Museum Acquires NFTs:
Paris' renowned Centre Pompidou will show a collection of NFT art it has added to its collection, marking another step on the medium's road to artworld acceptance.

👉Details: https://coinmarketcap.com/alexandria/article/france's-centre-pompidou-museum-acquires-nfts

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After 11 Years in Business, LocalBitcoins is Shutting Down:
The site was a vital tool in helping emerging economies access Bitcoin, but had also become a prime destination for crypto stolen through hacks and scams.

👉Details: https://coinmarketcap.com/alexandria/article/after-11-years-in-business-localbitcoins-is-shutting-down

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Ready to Learn About DeFiChain 🔥

#DeFiChain is a decentralized Proof-of-Stake blockchain created as a hard fork of the #Bitcoin network to enable advanced DeFi applications.

Learn about DeFiChain & Earn $150,000 worth of $DFI!

👉 Learn more here: https://coinmarketcap.com/earn/project/defichain?utm_source=Telegram&utm_campaign=DeFiChain_LNE_Telegram&utm_id=DeFiChain_LNE

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FTX to Subpoena SBF and Parents, Other Insiders:
The bankrupt exchange's management asked for the ruling after saying information about the finances of Sam Bankman-Fried and other former top FTX executives has not been provided.

👉Details: https://coinmarketcap.com/alexandria/article/ftx-to-subpoena-sbf-and-parents-other-insiders

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Kraken Faces SEC Probe over Unregistered Securities Sales:
The major U.S. exchange is reported to be close to a settlement with the Securities and Exchange Commission that might require it to register as a securities broker-dealer.

👉Details: https://coinmarketcap.com/alexandria/article/kraken-faces-sec-probe-over-unregistered-securities-sales

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Crypto Raises $11.7M for Victims of Turkey and Syria Earthquake in Under 48 Hours:
The crypto community has rushed to donate funds after a pair of powerful tremors flattened buildings and left whole regions without power, water and other vital services.

👉Details: https://coinmarketcap.com/alexandria/article/crypto-raises-dollar11.7m-for-victims-of-turkey-and-syria-earthquake-in-under-48-hours

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Don't Call It Britcoin: U.K. Digital Pound Distances Itself from Crypto
: A new consultation paper speaks to two groups: the general public, and banks, in hopes of putting off fears.

👉Details: https://coinmarketcap.com/alexandria/article/don't-call-it-britcoin:-u.k.-digital-pound-distances-itself-from-crypto

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European Blockchain Convention 2023 - Diamond Reward 💎

Obtain the €809 Free-Ticket to join a three-day event! The event will feature 200+ speakers across a variety of panels, keynotes, workshops, and fire-side chats on DeFi, NFTs, and Web 3!

🗓 Redeem it on Feb 10th, 12:00PM UTC!

Details: https://coinmarketcap.com/account/rewards/?utm_source=Telegram&utm_campaign=EBC_Diamond_TG&utm_id=EBC_Diamond

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Digital Pound 'Likely To Be Needed' Say U.K. Treasury and Bank of England:
The move to create a U.K. central bank digital currency got a big boost on Monday when the two bodies said digital pound testing must go forward.

👉Details: https://coinmarketcap.com/alexandria/article/digital-pound-'likely-to-be-needed'-say-u.k.-treasury-and-bank-of-england

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FTX Says Independent Investigation of Collapse Would Waste $100M:
FTX's new management team told judge a Justice Department Examiner would cost the exchange's customers a fortune as well as delaying a settlement.

👉Details: https://coinmarketcap.com/alexandria/article/ftx-says-independent-investigation-of-collapse-would-waste-dollar100m

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Saylor: Charlie Munger is 'Western Elite' Who Hasn't Had Time to Study Bitcoin:
"If he was a business leader in South America or Africa or Asia and he spent 100 hours studying the problem, he would be more bullish on Bitcoin than I am," Michael Saylor says.

👉Details: https://coinmarketcap.com/alexandria/article/saylor:-charlie-munger-is-'western-elite'-who-hasn't-had-time-to-study-bitcoin

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Last Week on Crypto Twitter: Scams Pump the Hardest:
Will the post-FOMC rally last? Who bailed out SBF? Read about these and more in our weekly Crypto Twitter roundup.

👉Details: https://coinmarketcap.com/alexandria/article/last-week-on-crypto-twitter-scams-pump-the-hardest

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Give Back SBF Donations By End of Month — Or Else, FTX Tells Politicians:
SBF's political donations reached the upper echelons of Washington DC, and he gave a whopping $5.2 million to Joe Biden's presidential campaign in 2020.

👉Details: https://coinmarketcap.com/alexandria/article/give-back-sbf-donations-by-end-of-month-or-else-ftx-tells-politicians

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Meta's Metaverse Bet Lost $13.7 BILLION in 2022, Mark Zuckerberg Reveals:
Metaverse investments will continue, Zuckerberg said in an earnings call that revealed Meta spent $5 billion in the fourth quarter on its Reality Labs virtual reality division.

👉Details: https://coinmarketcap.com/alexandria/article/Meta's-Metaverse-Bet-Lost-dollar13.7-BILLION-in-2022-Mark-Zuckerberg-Reveals

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