Lazarus is moving millions from $305M DMM Bitcoin hack: ZachXBT
Over $35 million in funds from a cryptocurrency exchange hack in May has reportedly been moved to the online marketplace “Huione Guarantee” this month.
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Watchdog group defends US regulators’ approach to crypto firms
US lawmakers will hear from Coinbase and MARA executives testifying at a hearing regarding claims of debanking crypto firms.

OpenAI’s ‘AGI Readiness’ chief quits — ‘I want to be less biased’
Miles Brundage says neither OpenAI nor the world are ready for artificial general intelligence.

January crypto airdrops to hand out $625M in JUP, 7% supply of SONIC
Eligible users of Jupiter and Sonic — both in the Solana ecosystem — will receive airdrops in the coming weeks.

US FDIC seeks insight on banks’ role in cryptocurrency markets
The FDIC issued a request for public input to get more information on the industry and consumers’ interests in the market. 1693 Total views 12 Total shares The United States Federal Deposit Insurance Corporation is looking for information and public comments on banks' cryptocurrency-related activities.The FDIC is the major provider of deposit insurance to U.S.…

Cointelegraph Consulting: A look at Terra’s ecosystem
Terra’s native staking token, LUNA, was one of the best-performing cryptocurrencies of 2021, with gains north of 13,000%. Terra has also surpassed Binance Smart Chain (BSC) in total locked value with $17.62 billion, making it the second-biggest DeFi chain just after Ethereum. Much of this growth is due to Terra’s ecosystem, with a community of developers…

Japan’s Bitbank to set up a custody firm to facilitate institutional entry to local markets
In partnership with Sumitomo Mitsui Trust Holdings, crypto exchange Bitbank revealed plans to establish JADAT, a crypto-specialized custodian. 268 Total views 7 Total shares In a new development for East Asia, Japanese crypto exchange Bitbank announced a partnership with financial holding company Sumitomo Mitsui Trust Holdings with the goal of establishing Japan Digital Asset Trust…

Polkadot price soars 37% after Coinbase Pro DOT listing, first parachain auction
Polkadot (DOT) witnessed massive upside moves in the previous daily sessions as traders assessed the cryptocurrency's entry into the United States-based digital assets trading platform, Coinbase Pro, and the upcoming auctioning of parachain slots atop Polkadot network's testbed version, Kusama, this Tuesday.The DOT/USD exchange rate reached $26.44 during the Monday session, following a roughly 37%…

‘Buying the top forever’ — MicroStrategy bags 21.5K Bitcoin at peak prices
MicroStrategy keeps stacking Bitcoin despite BTC hitting all-time high prices, with its co-founder Michael Saylor confident that his company will still buy it at $1 million per coin.