The Block
Quick Take Arkham Intelligence said a crypto portfolio it believes to be owned by former President Donald Trump has sold 1,075 ETH, which is worth about $2.4 million.
Quick Take Swell’s liquid staking protocol saw a major increase in inflows, reaching total value locked of 108,000 ether ($245 million). Swell is now the fourth largest liquid staking protocol, behind Lido, Rocket Pool, and Frax.
Bitcoin has retraced below the $43,000 mark, and an analyst anticipates further drawdown in the short term.
Quick Take MicroStrategy has added to its bitcoin stash, which now amounts to 189,150 bitcoin.
Quick Take Hong Kong’s financial regulators proposed today that issuers of “fiat-referenced stablecoins” should be required to obtain a license in the city.
Quick Take The city’s financial regulators hope to gain more powers to regulate issuers of ‘fiat-referenced stablecoins,’ as they suggested in a consultation paper released today.
Quick Take The country’s personnel management ministry said today that it will have some 5,800 officials disclose details of their cryptocurrency holdings.
Quick Take Thunder Terminal said on X that 114 wallets were affected but “funds are safe.”
Quick Take Crypto funding in 2023 dropped by 68% to $10.6 billion compared to the previous year. However, the outlook for 2024 from top crypto venture capitalists is mainly positive.
Quick Take Yuga Labs’ NFT projects CryptoPunks, Bored Ape Yacht Club and Mutant Ape Yacht Club dominated the most expensive NFT sales of 2023. In fact, four of the sales were a CryptoPunk, four were a Bored Ape and one was a Mutant Ape Yacht Club NFT. The only non-Yuga Labs asset making the list was one Fidenza NFT, a generative art collection from Tyler Hobbs.
