Man's Wife Allegedly Stole $172M in Bitcoin by Secretly Recording and Stealing His Seed Phrase

Tether has decided to scale back its fundraising efforts after facing resistance from investors, with plans to raise as little as $5 billion instead of the initially targeted $20 billion. The move aims to address questions on valuation and regulatory durability.

Vitalik Buterin suggests a combination of prediction market mechanisms and decentralized autonomous organizations to enhance the growth and utility of creator coins. He proposes creator DAOs and prediction markets to ensure fair and meaningful incentives for creators.

JPMorgan reported that U.S.-listed bitcoin miners and data center operators saw a 23% increase in market capitalization in January, surpassing the S&P 500's gains. Miners are transitioning to digital infrastructure providers, diversifying beyond bitcoin to AI-ready data centers for long-term revenue stability.

Strategy's Bitcoin holdings are facing pressure as the market downturn prompts speculation about potential selling. The firm's ability to buy more BTC depends on its multiple to net asset value (mNAV), which is currently above 1.

Crypto.com introduced a new prediction markets platform called OG, offering various event contracts regulated by the CFTC. The platform aims to establish itself as a market leader despite legal challenges from state regulators.

Rui-Siang Lin, also known as "Pharoah," was sentenced to 30 years in federal prison for operating the Incognito Market, a dark web platform that facilitated over 640,000 narcotics transactions. Lin's guilty plea to various charges led to the sentencing by U.S. District Judge Colleen McMahon.

The Nevada Gaming Control Board has taken legal action against Coinbase Financial Markets for offering event-based contracts on sports and elections to Nevada residents without the required state gaming licenses. This action follows similar enforcement steps against prediction-market platforms like Kalshi and Polymarket in the past.

Bitcoin has stabilized above $74,500, but analysts warn of vulnerability to further downside due to weakening momentum and constrained upside near resistance levels. Traders are watching for institutional buying near $76,000 and signs of easing geopolitical tensions.

A ransom note demanding a large Bitcoin payment for the release of Nancy Guthrie, Savannah Guthrie's mother, has been discovered. Authorities are treating the case as a suspected abduction, with the note including a deadline and an implied threat against Guthrie.

Vitalik Buterin stated that Ethereum needs to reduce reliance on layer-2 scaling networks due to slow progress and concerns about meeting Ethereum's standards for security and decentralization. He emphasized the need for L2s to offer more than just scaling benefits.