TFL accidentally sent this dude an airdrop. Do Kwon demands it back. Dude tries getting tax implication advice so as not to get sued by the IRS. Do Kwon sparks a public smear campaign out of the blue & sends vague legal threats through barely competent law firm Dentons. Cringed. https://t.co/AdHkxjPMTw pic.twitter.com/WYFYWx6M1z
— FatMan (@FatManTerra) January 9, 2023

There's something pretty funny about a guy who tried illegally selling US securities and on the run from Interpol threatening someone with the "FBI" for… Getting legal and tax advice

Please don't take financial advice from Do Kwon. It's always the right play.
— FatMan (@FatManTerra) January 9, 2023

Will China fuel the next bull run?

I believe China, (and Asia in general) will fuel the next run

It will take quite some time to melt Western cynicism towards this space, but the East is ascending and yearning to flex

You should be hanging out in WeChat
Many future pumps will be on coins none of your circle know
— GCR (@GCRClassic) January 9, 2023

DoJ seized more than 55 million Robinhood shares held by SBF

The U.S. Department of Justice seized more than 55 million Robinhood shares held by SBF and FTX co-founder Gary Wang, worth about $456 million at Friday’s closing price. This is probably one of the most valuable assets in FTX right now. https://t.co/lowqLkTxRf
— Wu Blockchain (@WuBlockchain) January 9, 2023

A large Chinese miner predicts ETH will start rising from March to May 2023

Jiang Zhuoer, a large Chinese miner, predicted that from March to May 2023, ETH will start to rise and permanently leave the current bottom range. Pessimistic forecast, BTC bottom sideways period may have up to 8 months. https://t.co/9AxdAUQTGa
— Wu Blockchain (@WuBlockchain) January 9, 2023

Circle receives in-principle approval from MAS as a Major Payments Institution License holder

This just in – @Circle has just received in-principle approval as a Major Payments Institution License holder from the Monetary Authority of Singapore (MAS). Catch the full details and the announcement here: #TeamCircle https://t.co/INcC8x1xwg
— Jeremy Allaire (@jerallaire) January 9, 2023

$3.777 billion was lost in 2022 crypto hacking, but 63% below 2021’s record

SlowMist 2022 Security Report: Hacking incidents caused losses of $3.777b, a decrease of about 61% compared to $9.795b in 2021. In 2022, there were 10 security incidents with a loss of hundreds of millions, cross-chain bridges accounted for 4 of them. https://t.co/ruKCFolYLB
— Wu Blockchain (@WuBlockchain) January 9, 2023

In 2022, Tether blocked 250 ETH addresses; Circle blocked 126 ETH addresses. Users deposited 1,233,129 ETH to TornadoCash and withdrew 1,283,186 ETH from it.
— Wu Blockchain (@WuBlockchain) January 9, 2023

Crypto users have gotten over Binance FUDs and claim

From "Binance is insolvent everyone get out" to "depositing more to long shitcoins" in one 7% total market cap pump.

Crypto traders are by far the people with the shortest attention span ever, thankfully so.
— Tree of Alpha (@Tree_of_Alpha) January 9, 2023

Investors worry that opening staking withdrawals will put selling pressure on $ETH

With the coming of #Ethereum Shanghai upgrade, some investors worry that opening staking withdrawals will put selling pressure on $ETH.

We analyze investors who deposit less than 5000 $ETH, and the average price they deposit $ETH to Beacon Deposit Contract is $2,260. pic.twitter.com/l3eK1eJQM5
— Lookonchain (@lookonchain) January 9, 2023

Ethereum’s liquid staking tokens spiked ~40.4% as Shanghai upgrade nears launch

With the arrival of #Ethereum Shanghai upgrade, the prices of the 7 liquid staking derivative tokens have increased by an average of ~40.4% in the past 7 days.https://t.co/Ue3b5J6e37 pic.twitter.com/tgt4giNorb
— Lookonchain (@lookonchain) January 9, 2023

DCG/Genesis knew FTX and Alameda were insolvent in late May 2022

UPDATE: DCG/Genesis knew that @FTX_Official and Alameda was insolvent in late May of 2022.

**Barry and DCG began to AGGRESSIVELY pressure Alameda to pay off a $2.5B loan outstanding to Genesis.

**more to come…
— Andrew (@AP_Abacus) January 8, 2023

FTX spent $40 million on hotels, flights, and food in 2022, the court filing reveals.

FTX spent about $7 million on food in the first 9 months of 2022

That's about $26,000 a day
— Genevieve Roch-Decter, CFA (@GRDecter) January 9, 2023

JUST IN: FTX spent $40 million on hotels, flights, and food in 2022, court filing reveals.
— Watcher.Guru (@WatcherGuru) January 9, 2023

Over $12 billion was withdrawn from Binance in 60 days

BREAKING: #Binance is bleeding assets, $12 Billion gone in less than 60 days.
— whalechart.org (@WhaleChart) January 9, 2023

SBF incurred a -97.93% return on the CumRocket token

In 2021 SBF paid $120K for a token called "CumRocket" and diamond-handed it for nearly 18 months

A few days ago, SBF (or someone with access to his wallet) sold it for $2.5k (-97.93% return) and mixed it through a no-KYC exchange.

Life comes at you fast pic.twitter.com/TK9gCuci6o
— Conor (@jconorgrogan) January 8, 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.