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Crypto Morning Briefing: U.S. Voters Can Now Donate In Crypto To Politicians; Another $1.4M in Funds Stolen by Lazarus Group Frozen by Binance, Huobi

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U.S. Voters Can Now Donate In Crypto To Politicians; However Conditions Apply

What comes as a latest crypto news in relation to U.S. political campaigns, the Kansas Legislature has considered introducing a new bill that, if passed, would place a $100 limit on the amount of cryptocurrency that can be donated. In the event that the law is set in motion, this cap would be determined by the “fair market value” of the cryptocurrency at the moment it was received by the payments processor.

FTX Transferred $7.7B from Bahamian Estate to US Units Ahead of Bankruptcy Filing, Court Told

FTX sent $7.7 billion in assets from the crypto company's Bahamian estate to its U.S. counterparts in the lead up to its bankruptcy filing last year, a Delaware bankruptcy court was told during a Wednesday.

South Korea Planning To Review Local Staking Services

South Korea’s financial regulators are planning to review local staking services, according to Forkast News.

Another $1.4M in Funds Stolen by Lazarus Group Frozen by Binance, Huobi

About a month ago, Elliptic, Huobi, and Binance first coordinated to freeze 121 BTC, worth $2.5 million at the time. Apparently, the collaboration has continued, allowing a further $1.4 million in cryptocurrencies to be frozen on the 14th of February.

Celsius Creditors Sue Mashinsky, Other Executives

Former Celsius executives (and their wives) are now facing a lawsuit from their creditors.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $24,100.18 USD, jumped by 8.48% in the last 24 hours;

ETH’s live price is $1,665.47 7.22% USD, jumped by 7.22% in the last 24 hours;

BNB’s live price is $315.59 USD, jumped by 6.26% in the last 24 hours;

XRP's live price is $0.39 USD, jumped by 5.44% in the last 24 hours.

Fundraising News

Multi-chain Option Protocol Optix Secures $1.8M In Funding Round As It Launches

Protocol for multiple-chain options Optix is very grateful for the substantial investment boost it has received from a number of prestigious venture capital firms. In a $1.8 million funding round led by Skynet Trading and including Ascensive Assets, Arrington Capital, LVT Capital, Morningstar Ventures, and SkyVision Capital, Optix enabled option markets across a wide variety of assets. Key cryptocurrency exchanges Huobi Global and Phemex contributed additional funding.

Former Coinbase Employees Raise $4.5 Million for web3 Data Startup Coherent: Exclusive

Coherent, a blockchain data startup co-founded by former Coinbase employees, has raised $4.5 million in a seed funding round.

Amazon Funds Web3-Friendly Studio Superplastic in $20 Million Round

Amazon’s Alexa Fund, the venture capital arm of the tech giant, has led a $20 million Series A-4 funding round for the 3D character studio Superplastic, which creates “synthetic celebrities,” vinyl toys, and has previously released NFT collections on Ethereum and partnered with big brands like Gucci and Epic Games’ “Fortnite.”

Crypto Index Platform Alongside Raises $11M Led by a16z

Alongside, a crypto index-focused platform, has closed an $11 million seed round led by Andreessen Horowitz (a16z), the company exclusively told TechCrunch.

Bitcoin Bitcoin $64,886.64
+0.86%
FTX Celsius
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