If Do Kwon hadn't fled to Serbia, he would be precisely in SBF's shoes: in a Korean jail cell, standing trial for defrauding thousands of investors for personal enrichment.

The only difference is SBF wasn't smart enough to run.
— FatMan (@FatManTerra) January 10, 2023

Genesis failing to return Earn assets by the end of today would constitute an event of default

Based on the MLA on Gemini's website, Genesis failing to return Earn assets by the end of today would constitute an event of default

Gemini emailed customers earlier that they had terminated the MLA with Genesis effective Jan 8th

NFA, DYOR ETC ETC pic.twitter.com/4Tvw6Pnvc2
— db (@tier10k) January 10, 2023

Coinbase announced another 950 layoffs today

Breaking: Coinbase announced another 950 layoffs today. In June 2022, Coinbase laid off 1,100 people, accounting for 18% of the total number of employees. https://t.co/Oi0Avo5F9O
— Wu Blockchain (@WuBlockchain) January 10, 2023

Coinbase said it will shut down several projects with a low probability of success, and will provide at least 14 weeks of basic salary compensation, health insurance and other benefits to the fired employees.
— Wu Blockchain (@WuBlockchain) January 10, 2023

Crypto com begins regional delisting of USDT

crypto dot com to delist USDT pic.twitter.com/3KD0gJlMkE
— chortly (@charleschortle) January 10, 2023

Binance’s past flaws in maintaining BUSD

Binance sent $1.8B that was backing assets on BSC to one of their cold wallets (Binance 8)

The $1.8B just sat there, until someone probably realized they they wernt meant to be there, and they were sent back to its pegged token address a week or so later. pic.twitter.com/MPhcEoY3XK
— Conor (@jconorgrogan) January 10, 2023

Source: https://t.co/JlMcYzhYn6
— Conor (@jconorgrogan) January 10, 2023

Bitcoin just has the second-largest profit vs. loss ratio of the past year

🤑 #Bitcoin's price has notched up +4.7% in 2023. The small profit opportunities for $BTC have been seized by traders, & yesterday was the 2nd largest profit vs. loss ratio of the past year. The top profit take spike resulted in a -18% the following month. https://t.co/nTkX0TUPWs pic.twitter.com/VGA5CxF0NZ
— Santiment (@santimentfeed) January 10, 2023

DCG blames Gemini

This is another desperate and unconstructive publicity stunt from @cameron to deflect blame from himself and Gemini, who are solely responsible for operating Gemini Earn and marketing the program to its customers.
— Digital Currency Group (@DCGco) January 10, 2023

I love how this message is basically saying "we lost the money but it's your fault you lent your users' money to us in the first place".

True in a sense, but absolutely wild energy regardless. https://t.co/T3tg7E6Ldn
— Tree of Alpha (@Tree_of_Alpha) January 10, 2023

Inverse Cramer

Thanks for the buy signal.
— Autism Capital 🧩 (@AutismCapital) January 10, 2023

Binance employees are not allowed to make short-term crypto trades

#Binance had this rule from the very beginning. In the early days, it was 30 days. We changed it to 90 days about 2 years ago. https://t.co/2psa8oWwoy
— CZ 🔶 Binance (@cz_binance) January 10, 2023

He Yi, the co-founder of Binance, said that no employee of Binance, regardless of level, is allowed to conduct personal short-term cryptocurrency transactions, and must hold the position for more than 90 days before trading.
— Wu Blockchain (@WuBlockchain) January 10, 2023

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Ibiam Wayas

Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general public. He loves to associate with like-minded individuals and collaborate with them on similar projects. He spends much of his time honing his writing and critical thinking skills.