DEX aggregator KyberSwap has suffered a suspected attack and has lost approximately $ 47 million. These funds include $ 20.7 million in Arbitrum, $ 15 million in Optimism, $ 7 million in Ethereum, $ 3 million in Polygon, and $ 2 million in Base. Kyber Network advises all users to withdraw funds immediately. — link
U.S. prosecutors on Wednesday pressured a federal judge to require Binance founder and former CEO CZ to remain in the United States ahead of a sentencing hearing on February 23, 2024, according to Reuters. A spokesman for the U.S. DOJ said that CZ is currently expected to remain in Seattle until next Monday night, but will be allowed to return to his residence in the United Arab Emirates after that. — link
The UK government will introduce legislation to launch a new scheme called the Digital Securities Sandbox, which will start in the first quarter of 2024 to support companies in the early stages of digital product development. — link
According to DL News, BlackRock recently met with the SEC to discuss the spot Bitcoin ETF, which is stuck on redemption issues. The issuer rejected the SEC’s cash redemption request and firmly supports physical redemption of Bitcoin because this may be more tax efficient. — link
KuCoin exchange stated that the following projects have been disqualified, and the tokens will be removed from the platform: Kambria (KAT) Sakura (SKU) Don-key (KDON) LOCGame (LOCG) Sienna (WSIENNA) Inflation Hedging Coin (IHC) Position Exchange ( POSI) TE-FOOD (TONE) Pika Protocol (PIKA) Karura (KAR). — link
Binance will make a "complete exit" from the U.S. as part of its settlement with FinCENand appoint a monitor for five years who will oversee the exchange's sanctions compliance program. The U.S. Treasury Department will have access to Binance's record and systems during that time. But Binance US is not affected. CoinDesk136
Judge Brian Tsuchida ruled that CZ would be released and free to travel to and from his home in the UAE while awaiting sentencing. CZ has been released on a $ 175 million personal recognizance bond. A sentencing hearing is scheduled for February 23, 2024 at 9:00 a.m. Pacific Time. The terms of his release allow CZ to leave the United States but must return 14 days before sentencing. CZ faces up to 10 years in prison, but is expected to serve no more than 18 months under the plea agreement. — link
Bloomberg analyst James Seyffart said Grayscale held a meeting yesterday with the SEC's Division of Trading and Markets, the division responsible for approving or rejecting 19b-4, other potential Bitcoin spot ETF issuers have also met with the SEC in the past week. — link
According to DeFiLlama data, Binance has had a net outflow of approximately US$ 747 million in assets in the past 24 hours, while OKX has had a net inflow of US$ 145 million. However, Binance still has the largest assets at present, with more than $ 67.9 billion. — link
Jihan Wu's Options exchange BIT has announced the launch of Solana (SOL) options trading. By partnering with market maker Orbit Markets, BIT has further expanded options trading and has launched BTC and multiple token options, including ETH, XRP, TON, ADA, FIL and BCH options. — link