Newsletter Jan 13, 2023
SHIB Continues To Soar As Twitter Updates Shiba Inu With A Nifty Feature

The Shib Army appeared to be having a good start to the year as the value of the altcoin traded in green over the past weeks after last month's bloody trading.


SEC Slaps Charges Against Genesis, Gemini Over Offer, Sale Of Unregistered Securities

SEC Chair Gary Gensler noted in a press release that "Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors."



Crypto.com CEO Announces Another Wave Of Layoff To 'Reduce Global Workforce By 20%'

"I remain as confident as ever in our business and in the future of crypto, but I recognize we have a lot of work to do to help restore trust in the industry. It will take time, but we will get it done," Crypto.com CEO Kris Marszalek said.

Stablecoin Collapse Predicted To Hurt US Bond Market And Economy: Report

Regulators are worried that if an event like TerraUSD's collapse occurs again, the U.S. economy will feel the tremors.

Sam Bankman-Fried's Father Retains Attorney - Source

The father of FTX founder Sam Bankman-Fried has retained a New York attorney in recent weeks, a source familiar with the matter told Reuters, as prosecutors probe Bankman-Fried's alleged cryptocurrency fraud scheme.


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