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1. Former CFO of Terraform Labs extradited to S Korea
-- Was serving a 4 month prison sentence in Montenegro for traveling with forged documents
-- Do Kwon (CEO) still awaiting a decision on his extradition
2. S Korea proposes vetting process for crypto executives
-- Would require new executives at crypto companies to obtain regulatory approval before starting their roles
3. Executives of crypto yield platform Haru Invest arrested
-- Allegedly embezzled $826M and falsely advertised risk-free investment techniques
4. Kraken secures license in the Netherlands for crypto services
-- Has already obtained licenses in Spain, Italy, and Ireland as part of its Europe expansion strategy
5. US Energy Information Administration announce a mandatory survey of all US-based Bitcoin miners to gather information on their energy sources and consumption
-- May pose as a new regulatory attack vector on crypto mining
1. Starknet contributors Herodotus and StarkWare unveil Cairo verifier
-- Allows L3 developers to verify cryptographic proofs on the StarkNet L2 (as opposed to relying on Ethereum), reducing verification costs and latency
-- Official release date undisclosed
2. EigenLayer temporarily lifts staking cap till Feb 9 and its TVL soars past $3B
3. Decentralized crowdfunding platform Gitcoin shifting focus away from developing its own L2
-- Instead focusing on providing grants to for-profit crypto projects
4. Solana goes offline for 5 hours
-- Released new validator software to patch the issue
1. Prometheum, the only SEC-registered crypto securities platform, plans to custody ETH as its first digital asset
2. JPMorgan's annual survey of institutional traders found that only 7% see blockchain as an influential technology, down from 25% in 2022
1. Solana's new smartphone reaches 60k pre-orders
-- Priced at $450 and shipping in 2025
2. ENS partners with GoDaddy to allow users to link their domain names to ENS addresses at no cost
3. Daily active users on decentralized social network Farcaster surge to an all-time high
-- Attributed to the launch of Frames, which turns posts into interactive mini-apps
4. Bitcoin NFT project Taproot Wizards generates $13M from sale of first collection, Quantum Cats
1. Compromising a payment channel network using bribes (source)
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