Next month, The Open Network validators plan to vote on freezing 195 inactive addresses. These addresses hold more than 1 billion TON coins, which amounts to $2.5 billion USD. If this decision is made, the blocking will last for 4 years and the owners of these wallets will not be able to make any transactions during this period. A forced hold for long-term holders? It's interesting, but short term holders could definitely use some freezing!

This day 12 years ago was marked as the first attempt to use Bitcoin as a payment mean. The author of the ad wanted to sell a 1280x960 resolution picture for 500 BTC that he said would look great as a desktop background. At that time 500 BTC worth $1. Today it is almost $12,000,000,000. As we know, no one was ever interested in this offer. Crypto folks decided to spend their BTC on pizzas.

Yes, they tighten the requirements and the nuts again. As of right now, European banks are required to view cryptocurrencies as the riskiest asset class. Today, the relevant EU parliamentary committee approved such an initiative. As a result, banks will actually need to hold EUR 1 in equity for every EUR they hold in cryptocurrencies. The MEPs explained that similar capital requirements will help prevent the crypto world's insecurity from spreading to the financial system. However, it was offensive. Which of the worlds is more unstable needs to be determined, though. But our arbiter is time. It will reveal everything.

Loans were issued against mining equipment. The creditor has about 68,000 of them, as of today. The company started selling last year. Unfortunately, some loans have already been declared default. The average price of BlockFi's credit ASIC miner is $2,350 and ASIC's current market value is $1,400. The total companies' debt to the industry in similar loans is estimated at $4 billion. Apart from BlockFi, loans were also issued to NYDIG, Celsius Network, Foundry, Babel Finance, and Galaxy Digital.

9 years ago, Vitalik Buterin presented his Ethereum smart contract platform to the world. He officially announced his invention on BitcoinTalk Forum with a post titled "Welcome to the New Beginning!" It’s not an anniversary date, so let’s do without flowers and applause. But one thing that we would like to mention is that everyone who made their first steps at that time became most powerful people in crypto. With its roots in the Ethereum team, crypto mafia has spread across the world: - Charles Hoskinson launched Cardano in 2017. - Anthony Di Iorio launched Decentral Inc. and the Jaxx wallet - Joseph Lubin launched ConsenSys - Gavin Wood created Polkadot and developed the Solidity smart contract language. Our congratulations on these achievements, Vitalik!

At Genesis' first bankruptcy hearing, the company's lawyer expressed confidence that it would resolve its disputes with creditors by the end of the week. Genesis plans to exit the bankruptcy in 4 months from now. The company plans to pay employees and vendors first, and then to auction off its assets to pay creditors by May. A simple calculation of the math shows that Genesis holds $5 billion in assets and liabilities, while its debt estimates to $3.4 billion.

They announced a new job on LinkedIn: “Head of Central Bank Digital Currency.” "The successful candidate will be responsible for leadership of HM Treasury’s work on a potential digital pound – a U.K. central bank digital currency (CBDC)," reads the post. The Bank of England (BoE) had previously stated that the FTX collapse proved the need for a digital pound.