1. The US confiscated $700 million in assets from SBF.

U.S. federal prosecutors have seized approximately $700 million in cash and assets belonging to Sam Bankman-Freed.

This included 55 million Robinhood shares worth over $455 million, as well as $6 million in FTX Digital Markets accounts with Silvergate Bank, and $50 million with Washington-based Moonstone Bank.

The authorities also confiscated crypto assets from one Binance account and two Binance US accounts. Investigators did not specify what amounts and cryptocurrencies they are talking about.

2. Buterin introduced the concept of hidden crypto addresses.

Vitalik Buterin introduced the concept of hidden or invisible addresses, which solves the problem of the anonymity of crypto users:

– The person who will receive the assets must create and save the “spending key”, and then send it to the sender. It will be required to create a hidden meta address;
– The hidden address is confirmed through the recipient's temporary key;
– The sender needs to perform cryptographic calculations based on the meta address, thus creating a hidden address that belongs to the recipient.

3.OpenAI and Microsoft signed a multi-year agreement

The developer of the ChatGPT service, OpenAI, announced the signing of a multi-year and “multi-billion dollar” investment cooperation with Microsoft. The exact amount of investment is not disclosed.

Earlier it was reported that Microsoft plans to buy a 49% stake in ChatGPT for $10 billion.

4.Blockstream raised $125 million in investment.

Blockstream has raised $125 million from venture capital firm Kingsway Capital and Fulgur Ventures. Cohen & Cohen Capital Markets, part of the JVB financial group

In its press release, Blockstream said the funds will be used to increase mining capacity to meet the high demand for hosting services.

5. South Korea will arrest the owner of the Bithumb crypto exchange.

The Seoul Prosecutor's Office has issued an arrest warrant for the real owner of the Bithumb crypto exchange, businessman Kang Jong Hyun. He is accused of financial fraud through partner companies.

Local authorities have sped up with an investigation into a recent high-profile incident. Recall that the largest shareholder of Bithumb committed suicide, unable to withstand the pressure of the investigation. We are talking about the vice president of Vidente.

As for Bithumb itself, the platform is suspected of illegal transactions, concealment of income and money laundering.

6. Celsius plans to issue a "debt token".

Celsius announced plans to revive the business, and shared an idea of ​​how it will pay off debts.

Small lenders (up to $5) can take all funds and leave the platform, while large investors will receive an asset share token (AST) in accordance with the amount of funds invested. They can be stored in order to receive dividends in the future, or it will be possible to immediately sell them on the market.

7.1inch launched the Unicorn Power Delegator Rewards Program.

The 1inch team has launched the previously announced bonus program for Unicorn Power owners. 10 000INCH tokens have been allocated for rewards, which the platform will distribute among resolvers every week. Those, in turn, will credit coins as rewards to stakers for delegating their Unicorn Power.