Binance said that banking partner Signature Bank won’t process transactions smaller than $100,000 for crypto exchange customers starting in February.

The report from Bloomberg said that the exchange is “actively working to find an alternative solution.”

The move comes after a Signature executive said last month that the bank would move to reduce its exposure to the digital asset industry.

This comes after the bank's shares dropped 64% last year.

https://www.bloomberg.com/news/articles/2023-01-22/binance-says-signature-sets-transaction-minimum-amid-pullback

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Vitalik Buterin proposes 'stealth addresses' to enhance Ethereum privacy.

Vitalik Buterin proposed a system of “stealth addresses” to enhance transactional privacy on Ethereum.

The system would allow users to generate cryptographically obfuscated public addresses to receive funds privately.

Each time someone makes a transaction, they can generate a new stealth address so that it is difficult for anyone to track the transactions or determine who is sending and receiving assets. This means that each user's transactional history can remain private. Buterin also suggested using ZK-SNARKs, shorthand for zero-knowledge proofs, to boost the privacy of the system and make it difficult to link the stealth addresses.

Full blog: https://vitalik.eth.limo/general/2023/01/20/stealth.html

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ChatGPT creator OpenAI signs multi-year, multi-billion investment deal with Microsoft.

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$Alice, "Team & advisors" + "Ecosystem" allocations will unlock on 3rd Feb. (3.75% of supply).

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Cryptocurrency exchange Gemini is laying off 10% of its staff, the Information reported on Monday, citing an internal message.

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Ledger available in Best Buy.

Btw do you use a hardware wallet?

👍 Yes
👎 No

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TON validators will vote to suspend up to 1 billion Toncoins held by dormant addresses.

A network-wide vote encompassing at least 75% of validators must take place over a sequence of voting rounds to trigger a suspension.

The suspension of inactive addresses is a crucial indicator that transparency is the top priority for TON. By purging these wallets, the network hopes to identify how many Toncoins are in circulation, which could help attract more people to join the open-source project.

https://www.cryptopolitan.com/ton-validators-will-vote-to-suspend-1b-toncoins

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The FBI has concluded that North Korean hacker organization Lazarus Group was behind the $100 million hack of Harmony Protocol last June.

https://decrypt.co/119861/fbi-north-korea-lazarus-horizon-harmony-bridge-hack

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Jim Cramer warns investors to stay away from crypto and stick to gold.

Now you know why 🟢

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Looking at the markets at this moment, do you regret not buying?

👍 Yes, wish I bought some
👎 No, this is a trap/already booked profits

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More interest in open interest.

Open interest across both bitcoin and ethereum options has recovered to the end of 2022 levels after a drop off due to the expiration of the end of year contracts.

Notably, when open interest for bitcoin options fell from $11.21 billion on December 31, 2021, to $5.84 billion on the first day of next year, it never recovered to 2021 levels and, in fact, trended downwards in turn with prices throughout the year.

In terms of BTC, open interest did recover through the year in May - reaching around 237k on May 20th, 2022, compared to 235k on New Year’s Eve 2021.

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Speaking of privacy, some comments from a European Central Bank board member suggest a possible path on how privacy will factor into a digital euro.

The ECB says that lawmakers need to decide how much info banks will get when it comes to digital euro transactions, according to Fabio Panetta.

“We propose that we do not have access to any personal data,” Panetta told an EU Parliament committee.

Though a digital euro is likely still years away, some of the broad contours have come into shape — including the role of private banks in the stewardship and custody of a wholly digitized euro.

Lawmakers can also expect to decide whether the digital euro could be used as legal tender and whether intermediaries would be required to distribute it, according to Panetta.

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⚡ Coinbase CEO Proposes Using Bitcoin Instead Of The Proposed New South American Currency.

@Crypto_News | link

Porsche really tried to sell $11 million worth of uncreative NFTs with low effort.

NFTs still available. Do you want to go mint? https://nft.porsche.com

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Coinbase has added Audius (AUDIO) and Threshold (T) to its roadmap.

https://twitter.com/coinbaseassets/status/1617566246601367553

https://twitter.com/coinbaseassets/status/1617572407350378506

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Crypto’s top decentralized exchange has a new chain in its sights.

Users of the popular decentralized exchange Uniswap have voted 80% in favor of deploying on BNB Chain – the blockchain developed by exchange giant Binance. With 20m votes in favor, the vote saw the highest level of participation in the history of the platform.

The platform already has around $3.77bn worth of assets locked up across 6 different blockchains. It’s estimated that releasing the platform for BNB chain would bring at least an additional $1bn and 1-2m new users to the platform.

BNB Chain also has the added benefit of lower transaction fees and faster speeds in comparison to its main deployment on Ethereum. A final proposal to confirm the move with further details will be released in the coming weeks, but the initial poll would suggest the proposal will pass.

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⚡ CEO Of Pantera Believes That Bitcoin Has Bottomed And Will Eventually Post Yearly Gains.

@Crypto_News | link

UK Treasury is looking for CBDC Head as it explores Digital Pound.

https://www.coindesk.com/policy/2023/01/24/uk-treasury-is-looking-for-cbdc-head-as-it-explores-digital-pound

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The 1inch Foundation has allocated 10 mln 1INCH tokens to the Delegation Incentive Program, which aims to incentivize the delegation of 1INCH stakers’ Unicorn Power to resolvers.

https://blog.1inch.io/1inch-incentivizes-unicorn-power-delegation-ee381551f78

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The mining arm of bankrupt lending firm Celsius will temporarily store 20,000 rigs it's retrieving from Core Scientific and is optimistic about finding new hosting locations.

The company has already started the process of taking back 37,500 machines after a judge allowed Core Scientific to turn them off earlier this month. It expects to finish the process by mid-March.

"There are options for hosting in the market that will allow us to continue mining with positive operating cash flows and significant upside," interim CEO Chris Ferraro said in the hearing.

Celsius had been arguing with Core Scientific — which also filed for bankruptcy last month — over the terms of a hosting agreement.
The former filed a motion to enforce an automatic stay in September. Core, however, claimed that Celsius was "using its Chapter 11 proceeding to withhold payment of certain charges."

Last month, Core Scientific got the green light from its bankruptcy judge to power off all of Celsius' machines. Celsius is also one of Core Scientific's note-holders.

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