SBF's application for bail has been denied with the Bahamas Magistrate Court Judge stating there's a "risk of flight".
SBF will be detained until at least February 8, 2023.
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Tether coordinated with Binance a chain swap, converting 3B USDT from Tron network to Ethereum ERC20.
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Binance has resumed USDC withdrawals.
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According to DefiLlama Binance had $65B reserves on Dec 12, now it's $60.5B.
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Binance launches Binance Pay for its US customers.
Tether (USDT) intends to reduce secured loans in its reserves to zero in 2023. As of September 30, Tether had provided loans of $6.1 billion.
A judge has approved the sale of self-custody platform GK8 to Galaxy Digital as part of the bankruptcy proceedings of crypto lender Celsius.
Canada bans crypto leverage and margin trading after FTX collapse. New regulatory directive includes institutional clients and accredited investors.
Coinlist announced Wallet Link, a mechanism to connect noncustodial wallets to CoinList verified identities.
Brazil to launch a central bank digital currency (CBDC) in 2024. Ava Labs has released a multichain mobile wallet Core.

