TLDR Crypto 2023-02-10

SETTLEMENT

Kraken has agreed to pay $30 million to settle the Securities and Exchange Commission's allegations that it violated US securities laws with its crypto-asset staking products. The exchange will discontinue the products. The case makes it clear that staking-as-a-service providers must register and provide full, fair, and truthful disclosure and investor protection.

STABLECOIN ISSUER TETHER REPORTS $700M PROFIT FOR Q4 2022

DEFI GIANT MAKERDAO TO INTRODUCE AAVE RIVAL DUBBED SPARK PROTOCOL

AAVE DEPLOYS NATIVE STABLECOIN GHO ON ETHEREUM TESTNET

LEVERAGE

NOSLEEP READING LIST V18

‘SAM? ARE YOU THERE?!’ THE BIZARRE AND BRUTAL FINAL HOURS OF FTX

This article talks about, in detail, the story of FTX and the events that happened in the hours before it fell. It contains emails and excerpts from internal company chats. Sam Bankman-Fried is now staying at his parents' house, spending his days on calls with lawyers and journalists or writing long reflections on what happened. He continues to claim that the bankruptcy filing was a pivotal error.

BANKRUPTCY CLAIMS

OP DROP #2

COMMITTEE

CRYPTO HOPEFULS STRANDED