Bullets For The Day

  • DOJ Seizes $3.6 Billion: In the largest financial seizure in history, the U.S. has seized about $3.6 billion in Bitcoin stolen from Bitfinex during a 2016 hack of the Bitcoin exchange. Two people were detained earlier in the morning. Read more in Bloomberg.
  • BlackRock plans to offer crypto trading: The world’s largest asset manager, BlackRock, is getting ready to offer its investors a cryptocurrency trading service. The New York-based company is planning to enter the cryptocurrency space by offering ‘client support trading and then offering their own credit facility.’ Read more in CoinDesk.
  • Dog enters the metaverse: Popular meme-coin Shiba Inu will soon enter the metaverse. The developers have said the protocol would soon offer plots of virtual lands in an upcoming project. Read more in Hypebeast.

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BlockFi Customers Rejoice!

BlockFi’s customers might finally feature a financial comeback, thanks to a deal with FTX and Alameda Research. 😍

How much? Up to $874 million, contingent on court approval. This settlement could be the lifeline for customers left adrift after the 2022 crypto upheaval.

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Seriously, SHIB People, Are You Ok?

Look at the 1-minute chart below from yesterday’s intraday price action on $SHIB. 🤯

It was one of the craziest swings of all the major market cap memecoins by far, just an insane move. And how did the Stocktwits SHIB stream react? Like you’d expect any high class degen to react: Unf*cking fazed.

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You Lucky SOBs

This is such a typical memecoin story (and they pop up quite a bit during bull runs), and this one involved Dogwifhat ($WIF). 🐶

Some dood turned $1,750 into $11.2 million. He bought 5.1 million WIF in November and then spent who knows how many sleepless nights this month figuring out how to cash out on his lottery ticket. 

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NFTs R Back?

Not much needs to be said here for this newsworthy event. 🤦‍♂️

Straight from the Gurg himself:

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